Cryptocurrency analysts highlight a little-known cryptocurrency that grew by more than 500% in a month

Cryptocurrency analysts have been paying attention to the new altcoin, which is growing rapidly after receiving unexpected support from Binance, the world’s largest digital asset exchange.

After Binance announced the listing of ORDI on the platform on November 7, the token soared from $ 7.43 to a high of $ 23.80. At the time of writing, ORDI is currently trading at $ 20.43, down 9.5% overnight. The digital asset gained 111.7% in a week, 303% in 14 days, and 538% in a month.

ORDI tokens, which comply with the BRC-20 token standard, are trading coins that use the Ordinary Protocol to record information in satoshi, the smallest unit of value in the Bitcoin blockchain. The project was launched by an anonymous user in March this year.

«ORDI is a relatively new token that carries a higher risk than usual and is therefore likely to be subject to high price volatility. Please make sure you have adequate risk management in place, have done your own research on the basics of ORDI, and fully understand the project before deciding to trade this token ,» Binance representatives emphasized.