Ordinals, the decentralized indexing protocol built on the Ordinals ecosystem, has announced an expansion of its services to the Dogecoin network, specifically targeting DRC-20 tokens. This move comes after TRAC’s recent surge of 147% in the past month.
According to TRAC, one of the major challenges faced by DRC-20 tokens is the lack of effective tracking methods, making it difficult for users to verify the authenticity and legitimacy of these tokens during the minting process. TRAC has chosen Dogecoin as the target for its business expansion due to its close association with Bitcoin and its unique position within the Bitcoin ecosystem, as well as its affinity within the cryptocurrency community.
As Bitcoin Ordinals gains momentum, the infrastructure built around it has garnered significant attention. TRAC, designed as a standardized interface for Ordinals, allows for the definition, creation, management, and trading of digital assets on the platform. The protocol supports various Ordinals-related protocols, including BRC-20 and sats domains.
Over the past 30 days, TRAC’s price has surged by 147%, reaching $7.33 with a total market value of $150 million.
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Tags:
DRC-20
Ordinals
Trac
Dogecoin