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Take stock of 6 low-market value projects worthy of attention on BRC-20

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BRC-20 trading activity remains at a high level, and the area is expected to become a long-term hot narrative.

Original author: AlΞxWacy, Cryptocurrency researcher

Translated by: Feilx, PANews

BRC-20 has achieved significant growth with a market capitalization of over 3 billion US dollars. Despite a brief downturn, BRC-20 trading activity remains at a high level, and the field is expected to become a long-term popular narrative.

Additionally, with the development of BRC-20 infrastructure and the listing support of CEXs such as Binance, the market liquidity has been enhanced and the importance of the BRC-20 ecosystem has been highlighted.

With the expansion of the BRC-20 ecosystem, it is expected that a large number of interesting projects will be launched. This article lists 6 low market value BRC-20 protocols worth paying attention to, covering applications such as RWA, cross-chain bridges, and lending (the data selected below are all as of December 16). It should be noted that this article aims to provide market information and does not constitute investment advice. Please DYOR.

CHAX Bitcoin（CHAX）

Chamcha is a pioneer of RWA in the Bitcoin ecosystem and the infrastructure for the Ordinals, Atomicals, and Taproot asset liquidity protocols, providing liquidity construction and yield agreements for the BRC-20 project.

Chamcha also created L2 Rollup. Chamcha not only extended Ordinals and Atomicals, but also expanded them to a wider Bitcoin DeFi field.

·CHAX Price: $0.013

·Market value: approximately 3 million US dollars.

·FDV (Fully Diluted Value): $27 million USD

21% of the total supply is in circulation.

Related reading: An exploration of the new prospects of Ordinals' ecological functional platforms.

OrdiZK（OZK）

OrdiZK is a bridge that utilizes zk-SNARKS technology to achieve cross-chain functionality between the Ethereum and Bitcoin networks. This innovative approach allows users to provide funding for their BRC-20 journey in a simple and anonymous manner.

OZK is the native token of the OrdiZK ecosystem, which provides access to all current and future tools on the platform.

·OZK Price: 0.003 USD

·FDV: $3.5 million USD

·OZK will initially be launched on Ethereum and is planned to expand to BRC-20.

Ordinal Tools（ORT）

Ordinal Tools is a Telegram bot that provides bidirectional bridging for transfers between BRC-20 and ERC20 tokens.

·ORT Price: $0.01

·Market Cap: $2 million

·FDV: $2 million USD

99.5% of the total supply is in circulation.

Dova Liquidity Protocol（DOVA）

The Dova Protocol is a BRC-30S lending protocol with an integrated MultiBit bridge that allows for seamless cross-chain transfer of BRC-20 tokens. Users can use the Dova Protocol on Ethereum to take out collateralized loans using transferred tokens.

Through the BRC-30S protocol, users can access services such as lending, gaming, NFT, etc. on Ethereum, Binance Smart Chain, Polygon, etc.

·DOVA Price: $0.02

·Market Cap: $12 million USD

·FDV: $42 million USD

NxHub（NHUB）

NxHub is an aggregated marketplace that operates on Ordinals, capturing order data from platforms such as UniSat, OKX, MagicEden, and OrdinalsWallet, and displaying it in an aggregated manner. Users can purchase BRC-20 tokens and NFTs from various platforms, as well as fulfill orders listed on multiple platforms.

·NHUB Price: $0.02