Impressive performance from Sats (SATS): Standing up against all odds!

2024-02-01 01:30:00

The fact that the BRC-20 hype took a back seat and SATS (1000SATS), which managed to gain value despite the decline in Bitcoin (BTC**), received great appreciation.

The BRC-20s, which haven’t been talked about for a while, have been reminded of themselves in the wake of the rise of SATS (1000SATS). Despite the loss of the BRC-20 hype and the sharp decline in BTC as of last night, the rise of SATS did not go unnoticed. While declines of more than 5% were observed in the altcoin market as a whole, SATS’s 6.18% increase was a lesson to other BRC-20s. In addition, the popular BRC-20 standard topped the list of “Most Very Ascendants”.

Ekran Resmi 2024 02 01 09.45.08 ## There is no trace of the old power of the BRC-20s!

First, the incredible rise of the leader of the BRC-20s, Ordi (ORDI**), started a trend in this area. Later, the appearance of SATS, Multibit (MUBI) and Trac (TRAC) took the altcoin market captive. Realizing this situation, popular cryptocurrency exchanges started to list many projects belonging to the BRC-20 standard. The back-to-back listing news was the biggest factor that made the BRC-20s explode.

Later, the emergence of various trends and the launch of new projects almost undermined the BRC-20s. Crypto investors have started to move away from the BRC-20s as they see rises in fresh altcoins. BRC-20s, which have suffered a great loss not only in terms of price but also in terms of fundamental analysis, seem to continue to remind themselves with their weak rises from time to time.

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