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Following an outsized rally, ORDI became the first BRC-20 token to breach a $1 billion market capitalization.
The Bitcoin Ordinals-based ORDI token has become the first BRC-20 token to top a $1 billion market capitalization after staging triple-digit monthly and weekly percentage gains.
ORDI notched a new all-time high of over $65 on Dec. 5, surging more than 850% from around $6.80 on Nov. 5, according to CoinGecko data. ORDI is up 216% in the last seven days.
The sudden ORDI price uptick saw it become the first BRC-20 token to reach a $1 billion market cap on Dec. 5. At the time of writing, it has a value of $1.3 billion.
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