Introduction BRC-20 tokens are an experimental and inefficient token standard designed for creating fungible tokens on the Bitcoin blockchain. Inspired by Ethereum’s ERC-20 tokens, BRC-20 tokens leverage the Bitcoin Ordinals protocol to inscribe data onto individual satoshis, making them transferable and tradable. Origins of BRC-20 Tokens The BRC-20 token standard was introduced by a pseudonymous

The recent price performance of Bitcoin has been sluggish, with the cryptocurrency hovering near the $97,000 mark. Despite a 3% decline over the past two weeks, Bitcoin remains in a consolidation phase following its January all-time high above $109,000. Discussions around the ongoing halving cycle and its potential impact on future price movements have gained