Top 8 BRC-20 Tokens to Buy in 2024

BRC-20 coins are an experiment used to create fungible tokens on the Bitcoin blockchain. The process includes the transferring of tokens via ordinal protocols on the network, making it easier to add extra data to a single satoshi (SATS) with the use of JSON inscriptions. This is done to enable users to mint, deploy, and interchange tokens on the blockchain faster. The Best BRC-20 Tokens do not only enable these functions but build on top of them, to provide further utility.

Since their inception in March 2023, BRC-20 coins have grown in popularity, with over 14,000 being deployed using ordinal inscriptions, combining for a total market capitalization of over $600 million.

In this guide, we will research the Top BRC-20 Tokens currently in the ecosystem, and explore which ones to buy in 2024.

A Closer Look at the Top BRC-20 Tokens

Now its time to get more detailed and look deeper at each of the Top BRC-20 Tokens currently in the market.

1. Ordi (ORDI) -First BRC-20 Token Ever Made, Popular Amongst Investors in 2024

Ordi is the first BRC-20 token and has been created using ordinal protocols, a software developed by Casey Rodamor. Bitcoin oridinals are also known as SATS (satoshis), which are the smallest unit formed to make a single Bitcoin. These SATS have been inscribed with a piece of information, such as text, video, or image to distinguish them from one another.

As a result of this, ordinals have enabled the creation of NFTs (non-fungible tokens) and other individual tokens on the Bitcoin network. Since its creation in March 2023, ORDI has gone on to be one of the Top BRC-20 Tokens in the ecosystem, making them a historically good investment.

According to coinmarketcap, ORDI has a market capitalization of $1,148,461,316, at the time of writing this, with a 24-hour trading volume of $349,500,773. One of the reasons behind its growth comes after being listed on Centralized Exchanges (CEX) like MEXC and Binance to name a few.

As a result of such listings, which exposed ORDI to a wider audience, interest levels have peaked, resulting in its value surging by over 2000% from its original price.

ORDI has achieved quite a lot in the short time it has been live, which bodes well for its prospects. At the time of writing this, the price is down by over 40% from its record high, which could be a good time to buy, provided you believe there will be a resurgence in price over the coming months.

2. SATS (1000 SATS) – BRC-20 Token Named After Satoshi Nakamoto, A Top 100 Cryptocurrency

Next up on our list of the Best BRC-20 Tokens is SATS (1000SATS), which is short for satoshis, and is presently the second largest of the BRC-20 ecosystem coins. This token was created to pay homage to Satoshi Nakamoto, which is the pseudonym used for the creator of Bitcoin. Ultimately, SATS are also the smallest unit of a Bitcoin, with one Bitcoin created out of 100 million SATS.

Created by an anonymous team, the token 1000SATS is simply 1000 times a single satoshi and is one of the BRC-20-based coins which is considered to be a meme token.

Since it takes 100 million SATS to make a single Bitcoin, there is a total of 2,100,000,000,000 1000SATS in circulation. This coin was one of the early Tokens on the BRC-20 blockchain and went on to be one of the most traded, with its 24-hour trading volume in the top 100 of all cryptocurrencies.

After reaching its all-time high (ATH) of  $0.0009348 on December 26, 2023, $1000SATS has fallen roughly 55.2% from this peak. However, if it manages to become one of the upcoming listings on Binance and other exchanges, there is a good chance that traders could see this as a good time to buy the dip.

3. Multibit (MUBI) – Bridging Platform for BRC-20 and ERC-20 Token, Over $100m Market Cap

Multibit is another popular BRC-20 token currently on the ecosystem and is the first ever cross-network bridging platform that is being used to facilitate transfers between BRC-20 and ERC-20. Its bridge is centered around increasing cross-chain liquidity, and accessibility between the networks.

As one of the top BRC-20 coins, MUBI has already generated a market capitalization of over $100 million in the few months since its launch and has a high potential for future growth. This is because, as the requirements for a bridge increase, there will be a need for continued interoperability between ecosystems, with the Multibit platform playing a key role in this.

MUBI has been one of the best-performing BRC-20 tokens since its 2023 launch, rising by as much as 3000%. Despite this, it still lags in market capitalization and trading volume, in comparison to ORDI and 1000SATS.

As of writing this, MUBI is over 60% lower than its all-time high (ATH) but is exactly 3485.86% higher than its current record low of $0.003919. This comes despite not being listed on exchanges like Binance, however is listed on other major platforms like MEXC.

4. Mice Ordinals (MICE) – A MEME BRC-20 Token, Made Famous Following Elon Musk Tweet

Mice (Ordinals) is one of the first BRC-20 ecosystem tokens to be a blatant meme, in terms of not having a clear use case and with comical branding. Known as the King Of Robot Mice, it gained popularity following a tweet from Elon Musk.

This exposure has seen it gain listings on several Centralized Exchanges (CEX), resulting in it reaching a total of 3 million daily transactions on these platforms, at its peak.

At its peak, MICE was one of the Best BRC-20 Tokens, reaching a high of $0.08795 but has since drastically fallen from this all-time high. Despite this, its volume remains relatively high and is in the top 400 of all cryptocurrencies, and that is before it has received listings on higher-tiered exchanges.

As seen with other meme coins, they also have the potential to soar high depending on exposure, and with the potential of future exchange listings, MICE may be one to keep an eye out for.

5. Rats Ordinals (Rats) – Anonymous, but Popular Meme Token on the BRC-20 Network

Another one of the best tokens on the BRC-20 blockchain is Rats, which also operates as a meme coin. Rats is seen as being to MICE, what SHIB is to DOGE in terms of both having similar branding.

Rats is distinct in the sense that it doesn’t have a website, whitepaper, or public roadmap, however has still made substantial gains since its listing in November 2023.

Despite its anonymity, this BRC-20 token has a strong community of investors, with its 24-hour trading volume among the top 50 cryptocurrencies.

It is currently trading over 340% higher than its all-time low of $0.00005027 and is currently listed on Centralized Exchanges (CEX) such as MEXC.

6. Tursat (TURT) – Gitcoin of BRC-20 Tokens, Over 80,000 Social Media Followers

Tursat is the next BRC-20-based coin on the list, and it operates as an open-source platform for other ordinal platforms. It aims to be the Gitcoin of the BRC-20 ecosystem, by enabling developers to build, donate and deploy projects on the Bitcoin network.

It has a strong social media presence, with almost 80,000 followers on X (formerly Twitter), and this has helped it receive over 16,000 participations and donations of 39 Bitcoin on open projects on the platform.

Like some of the other BRC-20 ecosystem tokens on the list, TURT has seen its value plunge by as much as 70% from its all-time high. Despite this, it is trading marginally above a record low of $0.01973.

TURT could be a promising BRC-20 for the future due to its use case, and its desire to replicate the success of Gitcoin. It is available to buy on MEXC and other notable exchanges.

7. Bitcoin Cats (1CAT) – Cross-Network Token Offering Staking to Holders

Bitcoin Cats is a GameFi offering on the BRC-20 ecosystem, and its objective is to be a bridge between the Bitcoin network and the Ethereum Virtual Machine (EVM). By offering a cross-network solution, it has amassed a digital significant following, with over 250,000 followers on X (formerly Twitter).

The 1CAT token has somewhat benefited from this, soaring nearly 30% from its low less than a month ago, in December 2023.

The platform will continue to add assets to its offering, such as staking, P2E (play-to-earn) as well as farming, which could contribute to the overall utility and value of its native token.

At present, 1CAT is trading over 67% lower than its aforementioned all-time high, which some may look at as a positive, to buy low.

8. BRC20.com (COM) – Providing Critical Infrastructure to BRC-20 Ecosystem

Finally, we have BRC20.com, which has been created to bring in the critical infrastructure needed to grow the ecosystem. As a new development, there are still several missing pieces in the world of the BRC-20 network, and this project aims to fill those gaps.

This will mean the creation of products like a mobile wallet, cross‑chain bridge, multi-mint, marketplace, and staking. To achieve this the $.COM native token has been created and marketed as the first “true” utility coin in the ecosystem.

Since its launch, $COM has gone on to be listed on several Centralized Exchanges (CEX) and is one of the most traded BRC-20 tokens in terms of 24-hour volume.

Although $COM is currently trading as much as 80% lower than the above record high, it remains 13% higher than December’s low of $1.73. Like other utility tokens on the list, its price may reflect the growth of the project, and BRC20.com is scheduled to launch new incentives in the coming months, such as a Super App and Automated market makers (AMM), which could boost the price.

Are BRC-20 Coins a Good Investment?

Like any other form of cryptocurrency, BRC-20 coins can be a good investment, however, they do come with significant risks. The BRC-20 token standard was launched less than a year ago, on March 9, 2023, meaning that there is still a lot of uncertainty about it.

That is why it is still known as an “experimental” standard, as developers, investors, as well as users, look to find repeatable and scalable use cases for them. Despite being an experiment, BRC-20-based coins have already gained significant interest and market share, with ORDI and 1000SATS already breaking into the top 100 cryptocurrencies list, according to overall market capitalization.

There have been big gainers such as MUBI, which has seen its value rise by approximately 3512.15% in the space of two months, after falling to a now-record low of $0.003919 in November 2023. So in such instances, it is easy to say that BRC-20 coins are a good investment, if not great.

However, investors looking to buy BRC-20 tokens will also need to note that several of the tokens outlined on our list have also plunged dramatically lower, with several trading over 60% lower than their record price.

Advantages of the BRC-20 Ecosystem

BRC-20 tokens are a unique development as they have helped to create new use cases on the Bitcoin network, due to the ability to add extra information and data to a single Satoshi. As already established, with the development of the ordinal protocol, it is now possible to add video, images, and even audio to a Satoshi, which helps to differentiate it from others.

This has helped developers build NFTs on the Bitcoin network, as well as newer tokens like MUBI, which is aiming to solve the cross-network interoperability issue. In addition to this, BRC-20 tokens are leveraging the existing infrastructure and security of the Bitcoin network, which could help to build and scale new projects faster.

Whilst the Bitcoin ordinals have enabled the development of NFTs on the network, the tokens themselves are semi-fungible and unlike other token standards, like Ethereum’s ERC-20 network, they do not depend on smart contracts, which can overcomplicate transactions. As a result, another major advantage is that this allows users to easily mint and exchange BRC-20 tokens, without the need for any major technical skillset.

In the grand scheme of things, as more and more eyes get planted on BRC-20 tokens and the wider ecosystem, the biggest advantage for those exploring the space now will be the benefit of investing at a low price. Currently, there are just over 14,000 BRC-20-based coins, that combine for a total, live, market capitalization of $2.1 billion, which has come in just over 9-months of activity. The question for those looking at this space is ‘What does the future look like? Especially if you can capitalize on the first-mover advantage.

Conclusion

BRC-20 tokens, although a relatively new development has already made a strong impact in the world of cryptocurrency. Since they have been around for less than a year, there are still many unknowns, which can be both a blessing and a curse.

Some investors may look to buy the top BRC-20 tokens right now before they become even more popular, however, the risks associated with this will be considerably higher. Ultimately, with such high-risk assets, the rewards of buying at the right time can be great, leading to sizable returns, but there is equally a chance of losing all of your investment, so it is wise to tread carefully.

It could be wise to look for BRC-20 tokens that have a strong digital following, like Bitcoin Cats, with over 250,000 social media followers. Other investors could look to enter an undervalued token, with a lower market cap, but high utility like $.COM. There are many different approaches that one can take in making this decision, should you decide that BRC-20 tokens are the right investment for you.

Overall, it seems as though there are huge opportunities in this ecosystem, the goal for you should be to take care in finding the right ones, and making sure you manage your risk well enough to potentially see strong gains in the future.

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