According to @domodata (who, as his handle suggests, is good at analyzing data), @binance only bought about 1 million $ORDI prior to listing it. If @unisat_wallet wanted to unleash the ultimate Chad move, they could adopt that same playbook right now, while the price is comparable to the levels where Binance was buying in 2023. 💪
Think of it this way, @lorenzonical. For about the same figure you spent on the $PIZZA airdrop, you could corner ~5% of the $ORDI supply, like Binance did. ✍️
Keep in mind that $ORDI is not just the most liquid BRC-20 token; it’s the most liquid Bitcoin-native asset to ever exist in Bitcoin's nearly 18-year history — at times, its 24-hour volume has approached $2 billion. Moreover, the purity of its origin is on par with that of #Bitcoin itself, so it's the only viable choice for an incentivized BRC-20 indexing model. ✅
It's simply impossible for the BRC-20 ecosystem to thrive without $ORDI being at the center. And, although my resources are not as sizable as UniSat's, I'll provide proof that this conviction is not empty rhetoric. Aside from the $ORDI / $QUAQ pool already serving as an enduring real-world proof of concept, I've spent the past couple of months putting my money where my mouth is by acquiring the historic BRC-20 flagships for the purpose of establishing ORDI-denominated (and ORDI-incentivized) liquidity pairs. 👀
A quick update on FB buyback progress
As we shared in our earlier announcement, “Following the halving, UniSat plans to acquire USD 200,000 worth of FB from the open market each month for five consecutive months, for a total planned acquisition of USD 1,000,000.”
We’re happy to share that the first 25% of this month’s planned USD 200,000 buyback has now been completed.
For this first batch, 50,000 USDT was used to acquire 153,846 FB. The acquired FB has been transferred to the following address:
https://t.co/pvgEYDn3tm
To make the breakdown clear:
• Monthly planned buyback: 200,000 USDT
• Completed in this batch: 50,000 USDT
• Progress for this month: 25%
• Total five-month plan: 1,000,000 USDT
Considering current market liquidity, we’ll continue with the remaining purchases gradually and in multiple batches, with the goal of executing the plan in a steady and responsible way.
The FB acquired through the buyback will be staked on indexing services and locked for more than 60 months.
Thank you to everyone who continues to follow and support Fractal. We’ll keep the community updated as the buyback progresses.