This wave is not simple

Many people only see it rising but don't understand why it's rising
As the leader of the inscription sector, ORDI inherently has market memory
Whenever on-chain narratives warm up, it is often one of the first targets to be re-accumulated by funds
Recently, the MEME sector has been continuously speculated on, and funds are clearly looking for the "next absorption point"
When pure meme tokens start to become crowded, some smart money will flow back into established leaders with narratives and status, and ORDI just happens to be in this position
Looking at the structure, it has already experienced a sufficiently long period of sideways consolidation
The longer the consolidation, the cleaner the chips, and the more exhausted the floating supply, making it easier to move out smoothly once it starts
Another key point — it was launched around the same time as many new tokens, but its current market cap is still below 100 million USD
From a funding perspective, this kind of "famous but low market cap" target inherently carries an undervaluation attribute, making it naturally easier to be seen as a rebound candidate
So this rise is not fundamentally driven by emotional impulsiveness
But the result of the combination of narrative, chips, and valuation
For this kind of long-dormant old coin, once it is re-named by the market and stretched from the bottom, it is actually a very normal occurrence