OKX, one of the largest crypto exchanges in the world, has listed the innovative altcoin project that brings NFT features to the Bitcoin network. The price gained double digits within hours.
The troublesome OKX list soon turned into an altcoin rally
cryptocoin.com OKX’s Ordinals (ORDI) token listing move, which we quoted as, had a rough few hours. Some users have reported that they have encountered ridiculous transaction fees.
ORDI money investment transactions in the stock market started at 13:00 today. Trade transactions will be opened when sufficient liquidity and participation are provided. While users were complaining about gas fees, the official announcement said, “Say goodbye to high network fees. Now enjoy hassle-free withdrawals with lightning-fast transactions.”
#NewListing 🚨#OKX now supports $ORDI — Bid farewell to high network fees & relish seamless withdrawals accompanied by lightning-swift transactions ⚡
🟢 Deposits OPEN at 10:00 am (UTC)
📈 ORDI/USDT Spot trading starts once ORDI token deposit meets the listing requirements— OKX (@okx) May 20, 2023
Ordinals (ORDI) price makes expected move
The Ordinals project brings NFT feature to the Bitcoin network with the BRC-20 token standard. This new token has given the Bitcoin network a hard time in the past weeks. Transaction with the smallest Bitcoin unit, satoshi, paved the way for spam attack. According to reports, the developers are currently working on a spam blocking bot. This glitch also forced Binance at some point to suspend BTC withdrawals.
