Saturday , March 1 2025
Home / Bitcoin (BTC) / The $12K PEPE Airdrop: Transitioning the Memecoin Hype to Bitcoin Ordinals

The $12K PEPE Airdrop: Transitioning the Memecoin Hype to Bitcoin Ordinals

Summary:
Memecoins are hardwired into Internet culture, and crypto was not spared. From Dogecoin and Shiba Inu (SHIB) to the latest craze surrounding the popular PEPE coin, the industry has long been involved with them. Now, the PEPE coin mania is also spreading across other protocols, and Bitcoin seems to be well under the radar. But it’s not exactly what you may think. Ordinals Wallet is a veteran wallet that supports the so-called NFTs on Bitcoin – Ordinals. While called NFTs, they do have their differences to legacy non-fungible tokens, as most know them on Ethereum. The team behind it made headlines after it decided to airdrop Pixel Pepe’s ordinals to users who made a transaction onto their wallet or marketplace before block 777888. This is essentially within the first week of

Topics:
George Georgiev considers the following as important: ,

This could be interesting, too:

Chayanika Deka writes SEC Closes Investigation Into Gemini, Winklevoss Seeks Reimbursement

Wayne Jones writes CZ Criticizes Safe Wallet’s Post-Mortem on Bybit Hack

Mandy Williams writes Bitcoin ETFs Record Over .6B in Outflows in the Past 2 Weeks

Wayne Jones writes This Trending AI Token Hits New ATH After Binance Listing

Memecoins are hardwired into Internet culture, and crypto was not spared. From Dogecoin and Shiba Inu (SHIB) to the latest craze surrounding the popular PEPE coin, the industry has long been involved with them.

Now, the PEPE coin mania is also spreading across other protocols, and Bitcoin seems to be well under the radar. But it’s not exactly what you may think.

  • Ordinals Wallet is a veteran wallet that supports the so-called NFTs on Bitcoin – Ordinals. While called NFTs, they do have their differences to legacy non-fungible tokens, as most know them on Ethereum.
  • The team behind it made headlines after it decided to airdrop Pixel Pepe’s ordinals to users who made a transaction onto their wallet or marketplace before block 777888.
  • This is essentially within the first week of the creation of Ordinals Wallet.
  • The interesting part is that the lowest floor price, at the time of the post, was around 0.4 BTC – close to a whopping $12,000.
  • Meanwhile, PEPE’s price has lost a major chunk of its recently acquired value, and its market capitalization tumbled toward $800 million after peaking at close to $2 billion a few days ago.

You Might Also Like:

Leave a Reply

Your email address will not be published. Required fields are marked *