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Last night, my “zeroed-out” account moved
Just before 12 o’clock, my phone popped up a notification: $ORDI is up 40%.
My first reaction was that the app was broken. I hadn’t opened this coin in almost a year.
When inscriptions were hot in 2023, friends stayed up late to grab the whitelist—when it cost almost nothing for a few thousand ORDI. Later it climbed to $90, and he paid off the mortgage on his hometown. Then it fell to $2, down 97%. In the group chat, no one brought up the two words “inscriptions” again.
I chased it a bit too. I lost so much that I couldn’t be bothered to sell, so I just left it in my wallet as a keepsake—like that broken-screen phone at the back of a drawer: I know it’s there, but I never thought it could be powered on again.
But last night, it turned on.
On April 16, ORDI jumped from $2.55 to $5.23—doubling. But it wasn’t bought up slowly. In just 24 hours, short positions were liquidated for a total of $3.31 million, and at one point the short-to-long ratio was 10:1. People who were short got forced out one by one by a stack of bullish candles—effectively burying themselves.
$ORDI has no project team, no VC. The 21 million coins were all minted by the community itself. What is it worth? It’s worth “a group of people still believe in it.”
My friend sent me a message: “Did you see it?”