BRC-20 tokens, a new type of token standard created on the bitcoin network, have been slowly gaining popularity among cryptocurrency enthusiasts. This popularity grew when Binance, the world's largest cryptocurrency exchange, listed the ORDI token which went from $10 to $60, and then more recently the exchange listed another BRC-20 token known as SATS. As these listings fan the flames of optimism, here are some BRC-20 tokens that could offer a good return on investment in the future.
OXBT Tokens (OXBT) BRC-20
One of the most recognizable BRC-20 tokens that still has a relatively low market capitalization is the OXBT token. This token has followed the BRC-20 Trend to a T, with a community behind it. As such, it is well positioned to take advantage of any upheaval in the community.
OXBT currently has a market capitalization of around $6.6 million and is listed on multiple exchanges that support BRC-20 tokens. One of its biggest selling points is that 100% of its supply is in circulation, so there will be no surprises with token unlocking.
RATS (RATS) follows the SATS BRC-20 trend
SATS listing on Binance caused a 100% price move, but another bitcoin/bitcoin-vulnerability-government/” rel=”nofollow noopener” target=”_blank”>BRC-20 tab enjoyed more success with the listing. With SATS's market capitalization already exceeding $1 billion, investors are turning their attention to RATS, whose market capitalization is still less than $300 million.
It is currently in the top 5 of btc-20 tokens, but it is the most promising given that its price still has a lot of room to rise. As the BRC-20 craze continues and more crypto exchanges list them, RATS could be the choice for this trend.
RATS rises to $0.00023 | Source: RATSUSDT on Tradingview.com
PEPE (PEPEBRC)
PEPEBRC appears on this list because of its potential to take advantage of two very popular trends. One of the best performing PEPE tokens of 2023 so far, combined with the excitement of BRC-20 tokens. Both of these things could make this coin perform very well.
The market capitalization of the token also remains low, at less than $8 million. If he bitcoin/brc-20-token-standard-a-hotspot-for-new-memecoins-as-pepe-soars/” rel=”nofollow noopener” target=”_blank”>BRC-20 hype endures in bull marketthis coin could easily recover 10 times from here.
Multibit Token (MUBI)
Multobit (MUBI) is currently one of the largest BRC-20 tokens, but its market cap is still lower than SATS by around $100 million. Since MUBI is seeing high volume following the BRC hype, it is expected that this coin will continue to perform well.
Currently trading around $0.15, a price of $1 could be easily achievable for this token, putting it at a billion-dollar market cap. Yeah ORDI amounts to $10 billion, this could be easily achievable for the token.
DOVI (DOVI)
DOVI is another BRC-20 that is slowly appearing on investors' radar. At the time of writing, its market capitalization is still below $10 million, which could make it an excellent opportunity to acquire the token. Kucoin is already listed on the stock exchange and future listings could increase its price.
The coin hit an all-time high before correcting lower again, but it still has a lot of promise. As the bitcoin/brc-20-tokens-lose-40-market-cap-in-7-days-heres-why/” rel=”nofollow noopener” target=”_blank”>Enthusiasm grows for the BRC-20could quickly surpass this ATH and make considerable profits for investors.
