ORDI Coin Price Prediction 2024-2030

ORDI was the first BRC20 token deployed to the Bitcoin network on March 8, 2023. ORDI’s all-time high price (ATH) was $29.16, achieved on May 8, 2023. Our ORDI price prediction predicts that ORDI will reach a new ATH of $55 in 2025 as the bull run resulting from the Bitcoin halving reaches its peak in 2024.

In early November 2023, ORDI, the first BRC-20 token ever created on the Bitcoin blockchain, saw its transaction volume jump by 2,450 %, up 93% in one day. This is the result of Binance listing the coin on its marketplace. This not only brought the coin to many new traders, but also introduced them to the concept of a coin on the Bitcoin network.

In this ORDI price forecast, we discuss the factors affecting ORDI prices now and in the future and use this information to predict ORDI prices in 2024 and beyond to 2030.

ORDI Coin Price Prediction 2024-2030

• ORDI was the first BRC20 token deployed to the Bitcoin network on March 8, 2023.
• ORDI’s all-time high price (ATH) was $29.16, achieved on May 8, 2023.
• ORDI has been trading between $3 and $8 for most of 2023, but on November 7, against the backdrop of a Binance exchange listing, ORDI jumped 93% to hit a record Daily high of $14.06. On the same day, ORDI’s trading volume increased by 2,450%.
• Our ORDI price prediction predicts that ORDI will reach a new ATH of $55 in 2025 as the bull run resulting from the Bitcoin halving reaches its peak in 2024.
• Our price forecast for 2030 is more modest, where we will fall back from the highs of the 2029 bull run, starting with the 2028 halving, and the token will stabilize around $25 this year.

##yearLow priceMeal average budgetHigh price

2024	$5	$12	$20
2025	8 USD	30 USD	55 USD
2030	$15	$25	$36

ORDI HISTORICAL PRICE

ORDI was deployed to the Bitcoin network on March 8, 2023, and within 18 hours, all ORDI tokens were minted. While they can be tracked using browsers, they have yet to enter a recognized market, either centralized or decentralized.

According to the ORDI token page on CoinMarketCap, ORDI began trading on May 8, 2023, with an opening price of $25.54. It reached an ATH of $29.16 on this day. From there, ORDI’s price quickly fell to $7.683 on May 12 before rebounding to $16.54 on May 15. A steady decline followed, closing below the $8 mark in mid-June.

ORDI has traded between $8 and $3 since mid-June, hitting an all-time low of $2.86 on September 11, down 89% from its opening price. Since its September lows, ORDI has hovered between $3-$4 until it began to climb in mid-October. On November 7, the price of ORDI increased from $7.2667 to $14.06, a 93% increase! These gains come from Binance’s announcement and subsequent listing of ORDI on November 7. On this day, ORDI’s trading volume increased by 2,450%.

Key Points in ORDI’s Historical Price

• ORDI’s ATH was $29.16 on May 8, 2023 The first day of market trading.
• ORDI’s all-time low was $2.86, set on September 11, 2023.
• ORDI token has been trading between $8 and $3 most of the time.
• ORDI broke out of this range on October 21 and has been climbing ever since.
• On November 7, under the background of Binance’s announcement that ORDI was online, the price of ORDI increased by 93%, and the transaction volume increased by 2450%.

ORDI Price Prediction 2024

Looking ahead to 2024 brings exciting prospects for the Bitcoin halving event, although the impact is usually not felt until 12-18 months after the halving occurs. . Still, due to ORDI’s close ties to Bitcoin, its price could still be affected by this event.

Ordinals and BRC-20 tokens are new this year and didn’t exist during the Bitcoin halving, so it’s hard to say what, if anything, will happen. Regarding ORDI’s loose connection to Bitcoin, we could also see a rise in ORDI if a Bitcoin ETF is approved, which many believe is likely. The U.S. Securities and Exchange Commission (SEC) rejected Greyscale’s proposed Bitcoin ETF, but it was A federal appeals court overturned.

As mentioned earlier, the BRC-20 token and ORDI, the first BRC-20 token, are new tokens this year. This means they have a lot of room for growth and recognition in all corners of the crypto world. There is no doubt that many people have heard of ORDI, especially since the influential coin was listed on Binance in November 2023, but there are still many more who have not yet heard of it.

Coinbase is the only major exchange that has not yet listed ORDI. If it were to go public, we could see another massive surge in token price and trading volume.

Finally, since ORDI has no utility, there is little solid basis for speculating on its price. Because it's the first BRC-20, it will gain some value from the first one. But if the BRC-20 concept fails, so will ORDI prices. Conversely, if the BRC-20 concept succeeds, ORDI will almost certainly gain or retain the value of being first.

Therefore, our ORDI coin forecast for 2024 is neutral, with a high price of $20, a low price of $5, and a median price of $12.

ORDI Price Forecast Long Term Outlook – 2025-2030 Forecast

Taking the ORDI price forecast more than a year in advance (a year is a long time in the cryptocurrency world) would add to the forecast factors of unpredictability. But we can consider some factors that can help us make a more accurate ORDI price prediction.

Looking ahead to 2025, the biggest price influencer for altcoins is the expected bull run triggered by the Bitcoin halving event in 2024. If this follows historical trends, we can expect most coins, including newer coins like ORDI, to reach new ATHs. Will ORDI perform better because it is on the Bitcoin network, or will it not affect its price? Only time will tell.

The second largest factor in our forecast for ORDI prices in 2025 is adoption and availability. Hype can only push a coin so far, and by 2025, the idea of ​​ORDI and BRC-20 tokens may reach the vast majority of people interested in them. Additionally, utility drives adoption, and if ORDI had a use case, fewer people would likely want to hold it.

Our ORDI price forecast for 2025 is a high of $36, a low of $8, and a mid-price of $30.

Looking forward to 2030, ORDI can develop in two directions. If the BRC-20 token does not gain widespread adoption and ORDI still does not gain any utility, we can expect its price to drop close to zero.

However, if the BRC-20 ecosystem and ORDI and other BRC-20 tokens find utility, we can expect that ORDI may have some value, if not just because it is the first BRC- 20 tokens.

Finally, when making price predictions for 2030, we must remember that we may fall back from the highs of the 2028 bull run resulting from the 2029 Bitcoin halving event. Therefore, our ORDI price forecast for 2030 is a low of $15, a high of $54, and an average price of $25.

Potential Highs and Lows of ORDI Coin Price

Like all coins, the ORDI Token price will ebb and flow from year to year and we can base that on past market data and upcoming events. Anticipate some of these ebbs and flows. Below is a summary of our top, bottom, and average price forecasts for ORDI over the next few years.

年	Low Price	Meal Average Budget	High Price
2024	$5	$12	$20
2025	$8	$30	$55
2030	$15	$25	$36

What are other analysts’ predictions for ORDI coin?

The ORDI token may be based on a novel concept and is relatively new to the market, but that doesn’t stop people from speculating on it and its price. Here are some predictions for the ORDI token.

The CoinCodex website provides a long-term price forecast for ORDI, predicting a high price of $47.24 and a low price of $37.32 in 2030.

CoinCodex

On CoinDataFlow, ORDI price is expected to reach a high of $94.22 in 2025 as Bitcoin halving in 2024 , with a low of $22.23 that same year.

Coin Data Flow

The Crowd Wisdom platform aggregates data from numerous price predictions on the Internet. The ORDI price prediction in 2025 is $32.40, and in 2030 The annual price forecast is $121.

Wisdom of Crowds

Via an article on CoinMarketCap, OvenAdd website predicts that ORDI will reach a high of $105.99 by 2025 .

Oven Addition

##PricePrediction.Net predicts ORDI will peak at $16.74 in 2025 and reach $215.49 by 2032 .

PricePrediction.Net

What is ORDI coin and what is it used for?

ORDI is a BRC-20 token standard built on top of the Bitcoin network by leveraging the inscription of the Ordinals protocol. To understand this, we have to look at Bitcoin first, then Ordinal and Inscription, and then the BRC-20 standard.

Bitcoin: The First Generation Blockchain

Bitcoin is the granddaddy of the cryptocurrency movement and the most popular cryptocurrency, often referred to as the first Generation blockchain. This is not only because it is the first, but also because of its computational simplicity.

Bitcoin is a peer-to-peer network of users who hold balances and send transactions to each other to transfer and adjust those balances. These transactions and balance adjustments are recorded in blocks created by miners. The Bitcoin network is simply a decentralized method of sending and recording transfers of Bitcoin, the network currency that shares its name.

Ethereum, for example, is a second-generation blockchain that, in addition to the functionality of the first-generation blockchain, also supports an execution environment, the Ethereum Virtual Machine (EVM). This allows smart contracts to be created and executed on the blockchain. These smart contracts open up more complex uses for blockchain than a simple system of recording transactions and balances. These smart contracts can and are already used to build entire ecosystems, including the creation of tokens on these blockchains.

What are ordinal numbers and ordinal protocols?

Ordinals were created by Cathy Rodmore and accompanying the Ordinal Theory blog post. Ordinals work by using the existing infrastructure of the Bitcoin network. To use Ordinals, users only need a wallet to make Ordinals. Aware transactions (and a block explorer designed for Ordinals). The ordinal number can be described like this:

• There are 21 million Bitcoins.
• Each Bitcoin has eight decimal places and can be divided into 100 million Satoshis (cents to Bitcoin USD).
• There are 2.1 trillion (2,100,000,000,000,000) Satoshis in total.
• The Ordinals Theory Protocol (an open source project) assigns a number to each Satoshi in the order of creation.
• The number provided to each Nakamoto group can then be used to track the transfer of that Nakamoto through the blockchain.
• Once the unique identification number is obtained, it can be assigned a Satoshi or encrypted message using existing features of the Bitcoin protocol.
• This inscription is permanent and cannot be changed once made (not even by the creator), and the Satoshi to whom it was inscribed can be tracked through the network using the unique numbering system of the Ordinal Theory protocol.

Ordinal inscriptions are stored in the witness element of Bitcoin transactions and transform previously obscure and fungible Satoshis into uniquely identifiable assets called digital artifacts by their creators . Unlike creating tokens on other blockchains, Ordinals are not new tokens; they are simply a way of assigning specific meaning to existing tokens.

Ordinal numbers were originally used to create NFTs, but people are now using them to create fungible tokens.

What is the BRC-20 standard?

The BRC-20 token standard is an experimental token standard for building simple token contracts on Bitcoin, allowing you to create off-chain fungible tokens with ordinal inscriptions , and then hold a balance of these tokens in your Bitcoin wallet. The word off-chain is important here because the token balance does not actually exist on Bitcoin like other tokens on the chain.

BRC-20 takes its name from the ERC-20 type token standard used to create fungible tokens on the Ethereum blockchain - however, BRC-20 is just a reference to the term ERC-20 For fun, it will not create similar contracts because its scope is limited by the capabilities of the Bitcoin blockchain. It was originally developed by @domodata and involves writing JSON data to Satoshi Nakamoto in the inscription. This JSON data describes the properties of the token, namely its ticker, maximum supply, and maximum minting capacity. @Domodata deploys ORDI as the first BRC-20 token.

What is the purpose of ORDI tokens?

ORDI is the first BRC-20 token deployed to the Bitcoin network, deployed by the creators of the BRC-20 token standard. The ORDI token and the BRC-20 standard are not affiliated with the Ordinal Project or its creator, Casey Rodarmor.

The ORDI token and the BRC-20 standard were created as a “fun experimental standard” that demonstrates that you can use inscriptions to create off-chain equilibrium states. It has not found or allocated any utility. Since the creation of ORDI, many BRC-20 tokens have been imprinted on Bitcoin, and these tokens can be used on the UniSat BRC-20 detector.

As the first BRC-20 token, just like Bitcoin Coin is the first cryptocurrency, which means that those who purchase ORDI are speculating on ORDI's future value or utility if the concept of BRC-20 tokens takes hold.

ORDI Coin Overview

Cryptocurrency	Computer
Stock Code	computer
行	#131
Price	$12.39
Price change 24 hours	12.91%
Market value	260,094,777 yuan
Circulating supply	21,000,000 computers
24-hour transaction volume	558,937,536 yuan
Historical high	$29.16
History low	$2.86

What affects the price of ORDI?

At the time of writing, the ORDI cryptocurrency price is primarily based on speculation as the token has no utility. The only price catalyst for ORDI in 2023 is the token’s listing on the Binance exchange. The only major exchange not to list ORDI is Coinbase, and announcing the listing will have the same positive price impact as Binance’s listing.

Speculation may be the driver of the current ORDI price, but if someone finds a use case for ORDI, and it gets a valuation tied to that utility, we could see the price of ORDI go up or down, depending to the utility assigned to it.

Behind the scenes, ORDI is a BRC-20 token, and the existence of Ordinals and BRC-20 tokens is not something that many prominent members of the Bitcoin community are keen on. Some of these individuals hold considerable influence in the crypto community, while others are involved in the development of Bitcoin; the influence of both could seriously impact ORDI's popularity and price in the future.

Is ORDI a buy?

Speculation is the main driving force of the current ORDI price, and buying is speculation. ORDI is built on a relatively new but unsophisticated technology, the Bitcoin Ordinal. If these and the related BRC-20 tokens gain widespread adoption and traction, ORDI could become a token in high demand, especially since it is the first BRC-20 token.

There is also a scenario where, as with the Binance listing, a similar price increase is expected when or if Coinbase decides to list ORDI. Besides these two reasons to buy ORDI, the only other reason is future utility, and so far no one seems to be on board.

Conclusion

ORDI is the token that brings tokens into the Bitcoin network, there are now thousands of Bitcoin-based BRC-20 tokens, all based on their future price Engage in speculative trading. ORDI is one of the first and most popular when ranked by holders, and it could, like Bitcoin, have a bright future.

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