🔥 Hot Money Analysis | BRC-2.0: The Next Narrative of Bitcoin's Original DeFi

CN
19 hours ago

1. ⚡️BRC-2.0: The Awakening of Bitcoin's Native Power

BRC-2.0 is an evolved version of the Bitcoin Ordinals protocol and the BRC-20 standard, rooted in Bitcoin's PoW (Proof of Work) mechanism and decentralized spirit.

Compared to the token issuance frenzy of BRC-1.0 in 2023, BRC-2.0 pushes Bitcoin from a "store of value" to a new era of "programmable assets" through an optimized UTXO model, the Runes protocol, and limited EVM compatibility.

Its core advantages are:
Fully On-Chain Storage: Inscription data is directly embedded in Bitcoin "Satoshis," utilizing the immutability of PoW to ensure the permanence and transparency of NFTs and tokens.
No Intermediate Layer: Unlike Ethereum's Layer 2 solutions, BRC-2.0 operates directly on the Bitcoin main chain, inheriting its unparalleled security and decentralization attributes.
Community-Driven: The meme culture and grassroots projects on the X platform (such as $SHIT) drive the narrative of BRC-2.0, showcasing the organic vitality of the Bitcoin ecosystem.

📍Key Node: Block 909,969 (expected on August 14, 2025) will trigger the issuance of BRC-2.0 tokens and protocol upgrades, marking the official entry of the ecosystem into the interactive phase.

🔥 Hot Money Analysis | BRC-2.0: The Next Narrative of Bitcoin's Native DeFi_aicoin_figure1

2. 📊 On-Chain Activity and Native Asset Compatibility

BRC-2.0's BTC block data shows that daily transaction volume has exceeded 120,000, validating its on-chain interaction capabilities.

🚀 Thanks to the Taproot upgrade, BRC-2.0 inscriptions support more complex data embedding while maintaining the lightweight nature of the Bitcoin chain.

📌 Asset Compatibility: BRC-20 inscription assets such as $ORDI and $SATS will automatically upgrade to the BRC-2.0 standard at block 909,969, without requiring users to manually migrate, demonstrating the downward compatibility of the Bitcoin ecosystem.
💼 Wallet Integration: Native Bitcoin wallets like UniSat, Xverse, and Leather have supported BRC-2.0 inscription transactions, with OKX and Magic Eden becoming major trading platforms, and on-chain data being synchronized in real-time through Ordinals indexers.

🗣 “BRC-2.0 allows $ORDI to evolve from a meme coin to a cornerstone of DeFi; block 909,969 will be Bitcoin's 'Ethereum moment.'”

This native compatibility and support for decentralized wallets highlight BRC-2.0's inheritance of Bitcoin's "no intermediary" spirit.


3. 🎨 NFT and Inscription Craze: Community-Driven Native Experiment

BRC-2.0's NFT and inscription projects are not only technological innovations but also a reflection of Bitcoin community culture.

Compared to Ethereum NFTs' off-chain storage, BRC-2.0's inscriptions are fully on-chain, combining meme culture and free minting mechanisms, igniting an investment frenzy on the X platform.

🔍 Representative Projects:

  • Punkameleons: 3,333 NFTs, each bound to 9,600 $CHAME tokens, using a "morphing" mechanism that allows NFT holders to dynamically update asset attributes on-chain. Token distribution is expected to start at block 909,969.

  • Satoshi Puppets: The first puppet-themed NFT that integrates PoW security and DApp logic, emphasizing its "100% on-chain, trustless" characteristics, attracting the attention of Bitcoin purists.

  • BRC2.0Punks: Inscription numbers 100749211 to 100781723, 100% free minting, with all tokens allocated to NFT holders. Price is predicted to potentially retrace to 0.00006 BTC, but community sentiment remains high.

  • Adderrels: Staking volume has surpassed 1,911, with NFTs seen as the "pass" to BRC-2.0 DeFi. Dubbed the "stepping stone to Bitcoin DeFi," stakers can earn on-chain token rewards.

  • BRC Bros ($MUSHROOM): 1,985 pixel-style NFTs, combining psychedelic themes, humorously likening holding NFTs to a "chain-based psychedelic journey," with $MUSHROOM tokens distributed through staking airdrops.

These projects stimulate community participation through free minting and on-chain staking, reflecting the organic charm of BRC-2.0's "decentralized narrative + meme culture."

4. Inscription Craze: $SHIT, $LIQUID, and $DOGOBRC2.0's Community Celebration

BRC-2.0's inscription tokens are centered around meme culture, similar to the early Dogecoin craze on Ethereum, but with more native and scarce characteristics on the Bitcoin chain. The following projects have sparked lively discussions on the X platform:

💩 $SHIT: On-Chain Satire of Meme Culture

  • Overview: Market cap of about $100,000, total of 21 million NFTs, each bound to 1,000 $SHIT tokens, 100% free minting. Dubbed the "ultimate satire of Bitcoin meme coins," with high community activity.

  • Native Advantages: Inscriptions are fully stored on the Bitcoin chain, leveraging PoW's immutability to ensure the permanent existence of tokens and NFTs.

  • ⚠️ Risk Warning: Despite its strong entertainment value, low market cap and high volatility make it extremely risky; "only invest spare money and enjoy the meme fun."

💧 $LIQUID: Pioneer of Pre-Trading

  • Overview: Inscription numbers 101032820 to 101103574, total of 50,000 NFTs, each corresponding to 1,000 $LIQUID tokens, already launched on Magic Eden.

  • Native Advantages: Text inscriptions are directly embedded in the Venmo witness field of Bitcoin transactions, ensuring transparency through on-chain storage. Mempool transactions have surged, reflecting community FOMO sentiment.

  • 📉 Market Dynamics: OKX data shows that $LIQUID's 24-hour trading volume reached 5.2 BTC, with short-term price volatility being significant, requiring caution against "running risks."

🐶 $DOGOBRC2.0: On-Chain Continuation of Dog Culture

  • Overview: Inherits DOGE meme genes, emphasizing community-driven and no pre-sale mechanisms. It is speculated to combine the Runes protocol to support rare Satoshi transactions, with specific inscription structures yet to be announced.

  • Native Advantages: Utilizing Bitcoin's decentralized attributes, tokens are distributed through on-chain staking, referred to as "DOGE 2.0 on the Bitcoin chain."

  • Community Response: Popularity has rapidly climbed on the X platform, with some users referring to it alongside $SHIT and $LIQUID as the "three giants of BRC-2.0 memes."


5. 🧱 Infrastructure: The Native Ecological Pillars of BRC-2.0

The rise of BRC-2.0 is supported by infrastructure that fully leverages Bitcoin's native characteristics, lowering the barriers to development and trading:

  • BiS SWAP: The first BRC-2.0 native swap protocol, supporting on-chain exchanges of inscription tokens, with BiSSwap claiming it "makes DeFi on the Bitcoin chain as smooth as Ethereum."

  • BiS DEX: Optimizes token matching and liquidity, reducing gas fees based on the UTXO model, with the project team stating that testnet deployment has been completed.

  • Trio DEX: A cross-inscription trading platform launched by Trio.xyz, supporting aggregated trading of NFTs and tokens, with a simple UI suitable for beginners.

  • CoinCooker: A no-code token issuance platform, @CoinCookerBRC claims it "enables ordinary people to issue assets on Bitcoin."

  • Hippodrome: A Web3 gaming project that utilizes PoW's miner honesty mechanism to explore on-chain GameFi, predicting it to be a "killer application for BRC-2.0."

  • One2ThreeLabs: Developing Bitcoin SocialFi products, combining social attributes of the X platform, with @One2ThreeLabs revealing that a test version will be launched soon.

  • 100 Layer: Supports the encapsulation of BRC-2.0 tokens onto the BTC main chain, enhancing cross-chain compatibility.


6. ⚖️ Controversies and Challenges: Opportunities and Limitations of the Native Ecosystem

Supporters' Views:

  • On-chain inscriptions and the Runes protocol make Bitcoin a native platform for DeFi, NFTs, and GameFi, calling it "the Renaissance of Bitcoin."

  • Fully on-chain storage and PoW security ensure asset transparency and censorship resistance, superior to Ethereum's reliance on off-chain solutions.

⚠️ Skeptics' Concerns:

  • On-Chain Congestion: FOMO from projects like $LIQUID has led to a significant increase in Mempool congestion costs.

  • Air Asset Risk: Meme tokens like $SHIT are prone to speculation, reminding investors to be wary of "air projects."

  • Fundamentalist Conflict: Some Bitcoin fundamentalists believe that the complex data embedding of BRC-2.0 contradicts Bitcoin's original intention of "peer-to-peer payments."


7. 🔮 How Far Can BRC-2.0's Native Narrative Go?

BRC-2.0, based on Bitcoin's native security and community culture, has opened a new chapter in DeFi through inscriptions, NFTs, and meme tokens.

From the satirical memes of $SHIT to the pre-trading frenzy of $LIQUID, and the community experiments of $DOGOBRC2.0, BRC-2.0 showcases the grassroots vitality and technological innovation of the Bitcoin ecosystem. However, on-chain performance bottlenecks, insufficient user education, and market volatility remain challenges.

🌱 Many projects are emerging, and it is not advisable to participate in all of them; it may be better to observe for a while. Additionally, consider participating in the new segment of the ecosystem with different strategies.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

币安三重礼遇!BTC包赔+注册返现+会员好礼!
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink