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Last night, my "zeroed-out" account moved
Almost midnight, my phone popped up a notification: $ORDI increased by 40%.
My first reaction was that the app was broken. I haven't opened this coin in nearly a year.
When inscriptions were hot in 2023, a friend stayed up all night to get on the whitelist, with thousands of ORDI costing almost nothing. Later it rose to $90, and he paid off his hometown mortgage. Then it dropped to $2, a 97% decline. No one in the group mentioned the words "inscription" anymore.
I also followed a bit, lost so much I didn't bother selling, just left it in my wallet as a keepsake—like that broken-screen phone deep in the drawer, I know it's there, but never thought it could turn on again.
But last night, it turned on.
On April 16, ORDI jumped from $2.55 to $5.23, doubling. But it didn't rise slowly—short positions were liquidated with a $3.31 million loss in 24 hours, with a 10:1 ratio of shorts to longs at one point. Short sellers were wiped out by a series of bullish candles, burying themselves.
$ORDI has no project team, no VC backing; all 21 million tokens were minted by the community itself. What is it worth? Just worth "a group of people still believe in it."
My friend sent a message: "Did you see that?"
Just before almost 12, my phone popped up a notification: $ORDI surged 40%.
My first reaction was that the app was broken. I hadn’t opened this coin to check on it in almost a year.
Back when inscriptions were all the rage in 2023, a friend stayed up late to snipe the whitelist—when you got them, the cost of a few thousand ORDI was basically zero. Later, it climbed to $90, and he used it to pay off his hometown mortgage. Then it dropped to $2, a 97% fall. In the group, no one ever mentioned the words “inscriptions” again.
I chased it a bit too. I lost so much that I couldn’t even be bothered to sell, so I just left it in my wallet as a keepsake—like that cracked-screen phone in the back of a drawer. I knew it was there, but I never thought it could turn on again.
But last night, it powered on.
On April 16, ORDI was pulled up from $2.55 to $5.23—doubling. But it wasn’t bought up slowly. In 24 hours, short positions were liquidated for $3.31 million, and at one point the long-to-short ratio was 10:1. The people who were short were crushed one by one as bullish candles swept them into liquidation—they buried themselves.
$ORDI has no project team, no VC. All 21 million tokens were minted by the community itself. What is it worth? It’s worth “a bunch of people still believing in it.”
A message came from my friend: “Did you see it?”