What are rats (Ordinals)?

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Bittime - Rats (Ordinals) is a unique crypto token, not only because of its rat-inspired name, but also because of its innovative functionality. Listen to the explanation!

What are rats (Ordinals)?

rats (Ordinals) (RATS) is a new protocol that allows users to list NFTs ( non-fungible tokens ) on the Bitcoin blockchain.

The protocol utilizes Ordinals technology that allows data, such as images, video, and audio, to be inscribed into satoshis, Bitcoin's smallest unit.

Rats (Ordinals) Key Products & Features

The following are the Main Products & Features of rats (Ordinals):

• NFT Registration: Users can register their NFTs on the Bitcoin blockchain using the rats (Ordinals) protocol.
• NFT Marketplace: A decentralized marketplace for buying and selling NFTs listed on the rats (Ordinals) protocol.
• NFT Explorer: An explorer to view and search for NFTs listed on the rats protocol (Ordinals).
• NFT Wallet: A digital wallet for storing and managing NFTs registered on the rats (Ordinals) protocol.

Also Read How to Buy Crypto:

What is Rat Token?

Rats (Ordinals) or Rats tokens are crypto assets associated with the Ordinals protocol. Ordinals themselves are an innovation that allows additional data, such as images or text documents, to be attached to satoshis, the smallest unit of Bitcoin .

Tokenomic rats (Ordinals)

The following are Tokenomic rats (Ordinals):

• Total Supply: 1T rats
• Circulating Supply: 1T rats
• Market Cap: $291.09M

Rats Fundamental Analysis (Ordinals)

The following is the Fundamental Analysis of rats (Ordinals):

• Technology: rats (Ordinals) uses advanced Ordinals technology to allow NFTs to be tokenized to the Bitcoin blockchain.
• Team: The rats team (Ordinals) consists of experts in the fields of Bitcoin, blockchain and software development.
• Partnerships: rats (Ordinals) have established partnerships with several well-known companies in the Bitcoin and NFT industry.

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Comparison of Solana, rats (Ordinals), & Binance:

Conclusion

rats (Ordinals) is a new protocol that allows users to list NFTs on the Bitcoin blockchain.

This protocol has several interesting features, such as a decentralized NFT marketplace and an NFT wallet.

However, it is important to remember that rats (Ordinals) are a new technology and investors should do their own research before using them.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Learn Complete Guide How to Buy Crypto on Bittime . 

Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

Also Read:

What Are Rats (Ordinals)? How it Works, Uses, and Tokenomics

What Are Ordinal Bitcoin NFTs: Everything You Need to Know

SATS (Ordinals): What Is It and How Does It Work?

DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.