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ORDI ORDI Price

$9.35

-4.5%

$9.35

24h Range

$10.21

Market Cap

$196,343,314.0

Fully Diluted Valuation

$196,343,314.0

24 Hour Trading Vol

$219,822,849.1

Circulating Supply

21,000,000.0

Total Supply

21,000,000.0

Max Supply

21,000,000.0

Info

ORDI Price Statistics

ORDI Price

$9.35

24h Range

$9.35 - $10.21

Percent Change 1h

-0.15%

Percent Change 24h

-4.5%

Percent Change 7d

-13.97%

All-time high

$95.52

All-time low

$2.86

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About ORDI

What is ORDI (ORDI)?

ORDI (Ordinal) is a cryptocurrency that operates on the Bitcoin network, leveraging the ordinal theory which allows for the unique identification and tracking of individual satoshis (the smallest unit of Bitcoin). Launched in early 2023, ORDI aims to bring NFT-like functionality to Bitcoin, enabling users to create, trade, and own digital artifacts directly on the blockchain without requiring a separate layer or sidechain. As of early 2024, ORDI has gained significant attention, with its market capitalization exceeding $100 million and a growing community of developers and enthusiasts.

Who are the Founders of ORDI?

The ORDI project was initiated by a group of pseudonymous developers within the Bitcoin community, who are passionate about expanding Bitcoin’s capabilities beyond traditional financial transactions. The primary figures behind ORDI include influential Bitcoin developers and advocates who prefer to remain anonymous to foster a decentralized ethos. Their collective experience in blockchain technology and cryptographic protocols has been instrumental in the development and promotion of ORDI.

How does ORDI Work?

ORDI utilizes the concept of ordinal inscriptions, which allows unique data to be embedded directly onto individual satoshis. This process involves the use of ordinal numbers to track and manage these satoshis, enabling users to create unique digital collectibles or NFTs on the Bitcoin blockchain. The ORDI protocol is built on top of Bitcoin’s existing infrastructure, utilizing its security and decentralization features. Transactions involving ORDI are recorded on the Bitcoin blockchain, ensuring transparency and immutability. The total supply of ORDI is capped at 21 million tokens, mirroring Bitcoin's supply limit, which adds a layer of scarcity to the asset.

Top Use Cases of ORDI

ORDI has several compelling use cases that contribute to its growing popularity:

  • Digital Collectibles: Users can create, buy, and sell unique digital items directly on the Bitcoin network, similar to NFTs on Ethereum.
  • Art and Media: Artists can inscribe their work onto satoshis, establishing ownership and provenance without intermediaries.
  • Gaming: ORDI can be used to create in-game assets that players truly own, enhancing the gaming experience.
  • Decentralized Finance (DeFi): ORDI opens avenues for DeFi applications on Bitcoin, allowing for liquidity pools and lending protocols.
  • Tokenization of Real-World Assets: Physical assets can be tokenized and represented on the Bitcoin blockchain, ensuring transparency and security in ownership transfers.

How to Keep your ORDI Safe?

To ensure the safety of your ORDI holdings, consider the following best practices:

  • Use Hardware Wallets: Store your ORDI in hardware wallets like Ledger or Trezor for enhanced security against hacks.
  • Enable Two-Factor Authentication: Always use two-factor authentication (2FA) on exchanges and wallets that support it.
  • Be Wary of Phishing Scams: Always verify website URLs and avoid clicking on suspicious links to protect your wallet information.
  • Regular Backups: Keep regular backups of your wallet’s seed phrase and private keys in a secure location.
  • Stay Informed: Follow trusted sources for updates on security practices and the latest developments in the ORDI ecosystem.

How to Invest in ORDI (ORDI)?

Investing in ORDI (ORDI) or any other cryptocurrency involves several steps:

1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.

2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.

3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.

4. Buy ORDI: Once your account is funded, you can purchase ORDI directly from the exchange. Choose the desired amount and complete the transaction.

Investing in ORDI (ORDI) Using Botsfolio:

Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in ORDI using Botsfolio, follow these steps:

  • Create a Botsfolio Account: Sign up for a free account on the Botsfolio platform.
  • Create Portfolio: Select an investment type from available options such as Premade crypto portfolios OR Custom crypto portfolio.
  • Connect Your Exchange: Link your chosen cryptocurrency exchange account to Botsfolio through fast connect or API key to enable seamless investing.

Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.

What is the Price Prediction for ORDI (ORDI) in the Long Term?

ORDI (ORDI) is currently trading at $9.35 and exhibits good potential for future growth. Check the latest ORDI (ORDI) price prediction.

FAQs

The current price of ORDI (ORDI) is $9.79. It has increased by 4.60% over the past 24 hours.
The current market cap of ORDI (ORDI) is $205.6M. It has increased by 4.60% over the past 24 hours.
The current daily trading volume of ORDI (ORDI) is $85.0M. It has decreased by 31.22% over the past 24 hours.
The all time high for ORDI (ORDI) happened on Mar 05, 2024. It reached a value of $95.52. The percentage change to today's price is -89.75%.
The all time low for ORDI (ORDI) happened on Sep 11, 2023. It reached a value of $2.86. The percentage change to today's price is 242.34%.
The current fully diluted valuation of ORDI (ORDI) is $205.6M. It has increased by 4.60% over the past 24 hours.
One ORDI (ORDI) is $9.79
The ORDI (ORDI) Fear and Greed Index currently indicates a bullish market sentiment. Given the inherent volatility and uncertainty within the cryptocurrency market, it is strongly advised to conduct thorough research before making any long-term investment decisions.

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