Potential Value Increase for Sub 1K, 10K, and 100K as BRC-20 and ORC-20 Hype Continues to Rise
by Ordinals Global
As time passes, the excitement around BRC-20 and ORC-20 continues to grow, leading to a rapid increase in the number of ordinal inscriptions. In fact, the highest daily inscription count has reached an impressive 372,832, indicating that it will take only 3 to 4 days for the ordinal community to add another million inscriptions. As a result, it is anticipated that Sub 1K, 10K, and 100K will become much more valuable and scarce in the near future.
Currently, some of the most popular ordinals collections with low inscription numbers are Bitcoin Punks (#89-#34399) and Bitcoin Apes (#8962-586263).
Recently, Bitcoin Punks' floor price has risen by 45.93% with the daily sales averaging between 1.5 and 4.5 BTC. Meanwhile, floor price of Bitcoin Apes has surged by 167.04% in the recent week with almost the same daily sales as Bitcoin Punks. Besides that, both Bitcoin Apes and Bitcoin Punks were the top-selling collections in the month of April.
Recently, Punk #72 from Ordinal Punks (#407-#642) was purchased in exchange with 450k pepe, 75 meme, 150 BAYC and 350k worth of Bitcoin. The floor price of Ordinal Punks was up to 5 BTC in the beginning, however, after a while, it dropped down to 1.5 BTC. Thus, the sales of Punk #72 might indicate the potential increase in value of low sub inscription collections.
Furthermore, Bitcoin Bandits (#58735 - #60326), Unordinals (#44713 - #55634) , Bitcoin Bears (#5563 - #5690), BTC Machines (#38347 - #81532), Piggies World (#1413 - #1955), Ordinal Penguins (#2725 - #3646), Ordinal Tulips (#5478 - #9230) and other collections with low inscription numbers are also predicted to become much more valuable in the near future.