SHIB (Ordinals) Logo

SHIB (Ordinals)

SHIB (Ordinals) header image

1. Summary

Ranks

Liquidity
-
Developer
-
Social
11
Momentum (beta)
0
Stack Rankā„¢
-
Price
$0.000000011818 0.0%
Market Cap
$1.54M (#2731)
Supply
/
Price
52W High price $0.000000099500
52W High date 8th Dec 2023 (10 months ago)
All Time High (ATH) Date 5th Sep 2024 (1 month ago)
All Time Low (ATL) Date 5th Sep 2024 (1 month ago)
Supply & Trading Volume
Trading Volume (24h) $17.00
Description

Overview

Overview

SHIB (Ordinals) is a crypto project that leverages the Bitcoin blockchain to create unique digital artifacts, similar to NFTs. Built using the Ordinals protocol, these artifacts are recorded directly on the Bitcoin blockchain.

Ordinals Protocol

The Ordinals protocol, developed by Casey Rodarmor, is divided into two key components: Ordinal theory and inscription. Ordinal theory assigns unique numerical values to Satoshis based on periodic events in the Bitcoin blockchain, such as blocks, difficulty adjustment periods, halvings epochs, and cycles. This allows for tracking and identification of individual Satoshis, effectively making them non-fungible items.

Inscription

The inscription process involves linking content to a specific Satoshi using the Ordinals software. The Ordinals explorer can be used to read these inscriptions, which are stored within a script of a Taproot transaction. Unlike most Ethereum NFTs which store media content off-chain, Ordinals store the content itself on-chain, making each Satoshi a unique digital asset.

Applications

SHIB (Ordinals) enables the creation of digital artifacts, similar to NFTs, but fully recorded on the Bitcoin blockchain. It enhances the Bitcoin ecosystem by offering new possibilities for digital collectibles and unique assets.

2. Price

2.1. Market Performance

How does SHIB (Ordinals)'s () performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

%

-4.8%

Similar Market Cap

3. Developer Activity

No GitHub repos found. Either the project is not open source or we don't have data yet.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers
Active Reddit Users (past 24h)
Discord users
Active Discord Users
Telegram Users
Twitter followers
5. News

No recent news found.

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Explorer https://ordinalswallet.com/inscription/a3936248b5a...

What is the correct contract address for SHIB (Ordinals)?

Ordinals a3936248b5adc4f8ab980e6e9ca3389a84c7433df2a88822e29d8ee9d61c4eb2i0

Has SHIB (Ordinals) been audited for security?

No security audits found for this project.

Are you the owner of SHIB (Ordinals)? Edit it here

Subscribe for free

Investment alerts and insights directly in your inbox.

By continuing, you agree to the Stack Terms of Service and Privacy Policy.