Take stock of 6 low-market value projects worthy of attention on BRC20
Original author:AlΞxWacy,crypto researcher
Original compilation: Feilx, PANews
BRC-20 Narrative has seen massive growth, with a market cap of over $3 billion. Despite the current brief downturn, BRC-20 trading activity remains at elevated levels, with the sector poised to become a long-term hot narrative.
In addition, with the development of BRC-20 infrastructure and currency listing support from CEXs such as Binance, it not only enhances market liquidity, but also highlights the importance of the BRC-20 ecosystem.
With the expansion of the BRC-20 ecosystem, it is expected that a large number of interesting projects will be launched. This article takes stock of 6 low-market value BRC-20 protocols worthy of attention, covering application directions such as RWA, cross-chain bridges, and lending (the following data are selected at the same time for December 16). It should be noted that this article is intended to provide market information and does not constitute investment advice, please DYOR.
CHAX Bitcoin（CHAX）
Chamcha is a RWA pioneer in the Bitcoin ecosystem and Ordinals, Atomicals, and Taproot asset liquidity protocol infrastructure, providing liquidity construction and revenue protocols for the BRC-20 project.
Chamcha also created L2 Rollup. Chamcha not only extends Ordinals and Atomics, but also expands them into the broader Bitcoin DeFi space.
CHAX Price: $0.013
Market cap: ~$3 million
FDV (fully diluted value): $27 million
21% of the total supply is in circulation.
OrdiZK（OZK）
OrdiZK is a cross-chain bridge between the Ethereum and Bitcoin networks using zk-SNARKS technology. This innovative approach enables users to fund their BRC-20 journey in a simple and anonymous way.
OZK is the native token of the OrdiZK ecosystem and provides access to all current and future tools of the platform.
OZK Price: $0.003 USD
FDV: $3.5 million
OZK will initially launch on Ethereum, with plans to expand to BRC-20.
Ordinal Tools（ORT）
Ordinal Tools is a Telegram bot that provides a two-way bridge for transfers between BRC-20 and ERC 20 tokens.
ORT Price: $0.01
Market cap: $2 million
FDV: $2 million
99.5% of the total supply is in circulation.
Dova Liquidity Protocol（DOVA）
Dova Protocol is a BRC-30 S lending protocol with an integrated MultiBit bridge that allows seamless transfer of BRC-20 tokens across chains. Users can use the Dova protocol on Ethereum to make mortgage loans with transferred tokens.
Through the BRC-30 S protocol, users can access Ethereum, Binance Smart Chain, Polygon, etc., and expand lending, games, NFT and other services.
DOVA Price: $0.02
Market cap: $12 million
FDV: $42 million
NxHub（NHUB）
NxHub is an aggregation marketplace running on Ordinals that captures order data from platforms such as UniSat, OKX, MagicEden and OrdinalsWallet and displays it in an aggregated manner. Users can purchase BRC-20 tokens and NFTs from various platforms, and can also complete multi-platform listing orders.
NHUB Price: $0.02
Market cap: $3 million
FDV: $4 million
75% of the total supply is in circulation.
OrdBridge（BRGE）
OrdBridge is the first cross-chain protocol that allows users to seamlessly transfer BRC-20 tokens between Bitcoin and Ethereum. The standout feature of OrdBridge is the custom functionality in BRC-20 to be able to send BRC to ERC with backward compatibility.
OrdBridge has found a way to bridge ERC (ETH) - ERC (AVAX) and the native BRC token. With the launch of OrdBridge’s “AVAX” feature, users can transfer native BRC tokens between BRC, ETH, and AVAX.
BRGE Price: $0.1
Market cap: $20 million
Despite the seasonality of the Bitcoin ecological narrative, the BRC-20 project still has huge long-term potential. A typical case is MUBI, which has achieved a hundred-fold growth, and other projects may also experience similar growth.
