The Rise of Ordinals in the Cryptocurrency Space

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This chapter explores the growing dominance of ordinals in the cryptocurrency market, particularly focusing on Bitcoin ordinals and their role in the volume wars. It discusses the challenges in obtaining global data on ordinals, contrasts ordinals on different platforms, and draws parallels to the NFT trend. The speakers share their experiences with purchasing and navigating ordinals, highlighting the potential for this market to evolve into a significant player in the crypto space.

In today's analyst round table the analyst cry unpacks the latest crypto market news including Eigenlayer's massive $100m raise, growing ordinal NFT volumes, and Uniswap's protocol fee switch proposal. They then covered the surging hype and volumes around ordinal NFTs on Bitcoin, the Uniswap fee switch proposal, and the success of Blast's growth tactics including token locking programs and gaming dynamics to drive adoption. To close out the team debates on whether excitement around AI and crypto projects like Worldcoin is warranted. Thanks for tuning in!

As always remember this podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice.

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Timestamps:

(0:00) Introduction

(1:17) Eigen Layer $100m Raise

(3:53) Ordinal Season

(8:13) Ethena Insurance Fund

(15:51) dYdX Segment: Osmosis

(21:57) Uniswap Fee Switch

(32:35) Blast Growth & Mainnet Launch

(42:55) DAS London Ad

(44:02) Ordinal Volume Growth

(52:53) Worldcoin $81B FDV

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Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Dan, Sam, and our guests may hold positions in the companies, funds, or projects discussed.