Ordinals
ORDI
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Ordinals price
AED8.591
-- (--)
AED
Last updated on --.
About Ordinals
ORDI is a cryptocurrency built on the Bitcoin blockchain using the BRC-20 token standard, which enables the creation of fungible tokens directly on Bitcoin. Unlike traditional tokens on other blockchains, ORDI leverages Bitcoin's security and decentralization while offering new possibilities for digital assets. Its primary use cases include trading, decentralized finance (DeFi) applications, and serving as a bridge for interoperability across different blockchain networks. ORDI represents an innovative approach to expanding Bitcoin's utility beyond just a store of value, making it an intriguing option for those exploring the evolving world of crypto assets.
AI insights
Ordinals’s recent prices
Past year
-68.58%
AED27.34
3 months
-48.10%
AED16.55
30 days
-4.11%
AED8.96
7 days
+1.25%
AED8.48
Ordinals performance
AED8.591
Ordinals price today
Ordinals price today is AED8.591, marking a +5.52% over the past 24 hours. On OKX, today’s Ordinals trading volume reached 4,812,793, worth over AED41.35M.
AED354.31
Ordinals all-time high
Ordinals achieved its all-time high price of AED354.31 on Mar 5, 2024, (UTC+8). At today's price of AED8.591, Ordinals price is now -97.58% lower than its historic high.
$2.339
Ordinals in USD
The current Ordinals to USD conversion rate is $2.339 per Ordinals.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.
OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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Learn more about Ordinals (ORDI)
What's Ordinals?
Ordinals is a protocol that enables the inscription of digital assets onto the Bitcoin blockchain, allowing for the creation of unique, non-fungible tokens (NFTs) directly on Bitcoin. It addresses the need for NFT functionality on Bitcoin, providing a way to store and transfer digital collectibles securely. Its primary use cases include digital art, collectibles, and other unique digital assets that benefit from Bitcoin's security and decentralization.
How does Ordinals work?
Ordinals operates on the Bitcoin blockchain, utilizing its existing infrastructure to inscribe data onto individual satoshis, the smallest unit of Bitcoin. This process leverages Bitcoin's proof-of-work consensus mechanism, ensuring security and immutability. Ordinals does not require changes to Bitcoin's protocol, instead using existing transaction capabilities to embed data, making it a novel way to create NFTs without altering Bitcoin's core functionality.
What's the total supply of Ordinals?
Ordinals does not have a traditional token supply like other cryptocurrencies. Instead, it uses Bitcoin's existing supply, inscribing data onto satoshis. The total supply of Bitcoin is capped at 21 million coins, with each coin divisible into 100 million satoshis. Ordinals utilizes these satoshis for inscriptions, without affecting Bitcoin's overall supply or introducing inflationary or deflationary mechanisms.
What determines Ordinals's price?
The price of Ordinals is influenced by its utility in creating NFTs on Bitcoin, demand for unique digital assets, and overall network usage. Market sentiment towards Bitcoin and NFTs also plays a role, as does the regulatory environment surrounding digital assets. Competition from other NFT platforms can impact its adoption and perceived value, but Ordinals benefits from Bitcoin's established security and decentralization.
Pros and cons of Ordinals
- Pros: Utilizes Bitcoin's security; Enables NFTs on Bitcoin; No changes to Bitcoin protocol.
- Cons: Limited by Bitcoin's transaction speed; Competes with established NFT platforms; Requires understanding of Bitcoin's ecosystem.
How do I store my Ordinals?
Users can acquire Ordinals by inscribing data onto satoshis using compatible wallets and platforms. OKX supports Bitcoin transactions, facilitating access to Ordinals. Storage involves using secure Bitcoin wallets, with private key management being crucial for safety. Users should be aware of phishing risks and ensure their wallets are secure. Availability of Ordinals may vary by jurisdiction, and users should comply with local regulations when interacting with digital assets.
Guides
Find out how to buy Ordinals
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think. Kickstart your journey on the OKX mobile app, or right here on the web.
Predict Ordinals’s prices
How much will Ordinals be worth over the next few years? Check out the community's thoughts and make your predictions.
View Ordinals’s price history
Track your Ordinals’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.
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Ordinals FAQ
Ordinals can offer strong returns, but is also subject to market volatility. Whether it’s a good investment depends on your risk tolerance, goals, and market conditions. Ordinals’s price can be influenced by various factors such as adoption, regulation, technological advancement, and overall market sentiment. Always do your own research before buying Ordinals and never buy more than you can afford to lose. This content is for informational purposes only and isn’t financial advice.
To buy Ordinals at a low price, monitor the market closely and use tools like price alerts and technical indicators to keep you updated on price trends. Always do your own research and use secure platforms. This content is for informational purposes only and isn’t financial advice.
Depending on where you’re located, you can use bank transfer, credit/debit card, or Peer-to-Peer. Read our guide on how to use these different payment methods to buy Ordinals ORDI safely on a trusted exchange like OKX.
Currently, one Ordinals is worth AED8.591. For answers and insight into Ordinals's price action, you're in the right place. Explore the latest Ordinals charts and trade responsibly with OKX.
To read this Ordinals price chart, hover over or click on the time period you want to view. Hover over the chart to view the corresponding price, displayed in your local currency.
Yes, Ordinals’s price is updated in real-time on our Ordinals price page. You can view the current price and historical price data here at all times.
Countries and regions differ on how digital assets transactions and holdings are taxed and how they view digital assets in general (money, property, commodity). In general, it is expected that you will pay capital gains tax when selling or swapping Ordinals ORDI. Refer here for a more detailed guide.
Staking and earning rewards with Ordinals are subject to local restrictions. Log in or sign up to view products available in your country, region, or state of residence.
Market cap
AED180.26M #157
Circulating supply
21M / 21M
All-time high
AED354.31
24h volume
AED41.35M
Rating
1.8 / 5
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