Memecoins are ingrained in the culture of the Internet, and crypto was no exception. The industry has been involved with cryptocurrencies for a long time, from Dogecoin and Shiba Inu (SHIB) to the latest craze surrounding the popular PEPE coin.
Now that the PEPE coin craze has spread to other protocols, Bitcoin appears to have gone unnoticed. However, it is not exactly what you might expect.
Ordinals Wallet is an established Bitcoin wallet that accepts the so-called NFTs, or Ordinals. Although they are referred to as NFTs, they differ from the legacy non-fungible tokens that most people are familiar with on Ethereum.
When it decided to distribute Pixel Pepe's ordinals to users who had made a transaction on their wallet or marketplace prior to block 777888, the team behind it made headlines.
This basically occurred within the first week of Ordinals Wallet's creation.
The fact that the lowest floor price was approximately 0.4 BTC at the time of the post—nearly $12,000—is interesting.
Pixel Pepes incoming! @ordinalswallet confirmed that users who made a transaction on their wallet or marketplace prior to block 777888 received #PixelPepes.
-> There are 1563 Pixel Pepes in circulation, and the floor price at the moment is 0.319999 $BTC
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