ORDI

USD

$3.37 ≈ $ 3.37

+￥5204,24 -7.67596% 1D

1D 1M 1Y ALL

Updated: 2023-09-27

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Market Cap (USD)	70.64M
24H Volume	16.12M
Circulating Supply	21M ORDI
Maximum supply	--
All Time High	28.52
Rank	297

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About ORDI (ORDI)

The total amount of bitcoins is 21 million, and one can be subdivided into 100 million satoshi (satoshi is sat, the smallest unit of bitcoin), and there are 2100 trillion satoshi in total.Here we must first understand the inscription, which is created by writing content to satoshi using the Ordinals protocol. The inscription does not need to use a separate token, side chain or change Bitcoin;What the Ordinals protocol does is to write information to each Satoshi, such as text, pictures, audio and video, etc. Due to the size limit of the Bitcoin block, the main information for inscribe (that is, mint mint) is mainly text and pictures , in the form of NFT and token.

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ORDI Market

Currency	Price	24h Change	Action
ORDI /USDT Spot	$3.37	-7.67596%	Trade
ORDI /USDT Perpetual	$3.463	-1.06%	Trade
ORDI /USDT 3X Margin	$3.37	-7.67596%	Trade

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ORDI FAQs

1. What determines the price of ORDI?

There are two schools of thought in determining the price of ORDI.

By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of ORDI, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of ORDI from a long term perspective.

By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of ORDI on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for ORDI as well.

HODLers tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for ORDI and the cryptocurrency market as a whole.
2. What is the highest price of ORDI in history?

ORDI achieved the all-time high of $28.52 in 2023-05-08T10:00:30.880Z, and is currently trading at $3.37.
3. What is the lowest price of ORDI in history?

In 2023-09-11T15:22:32.140Z, ORDI reached the all-time low of $2.86.
4. Should I buy ORDI now?

It is important to remember that ORDI, like all other cryptocurrencies, are subject to extreme market conditions, legal policies, project team management and other unpredictable factors. As such, cryptocurrencies fluctuate greatly and it is important to manage your own risk level. Users are advised to do your own research when making investment decisions in the crypto market.