Is the narrative of inscriptions returning? 🤯🤯

$ORDI It’s surging rapidly, breaking through $10.7 in a short time
$SATS It’s also climbing quite a bit along with it.

This is an old-school inscription project from three or four years ago, and the reasons behind this wave are not simple:

First, capital is rotating.
After the RAVE skyrocketed 58 times in half a month and then temporarily calmed down, the funds did not withdraw from the market but quickly looked for the next target.
This time, capital flowed back into the old inscription projects from three or four years ago. When pure MEME tokens start to get crowded, some smart money will flow back into established, narrative-driven, and leading projects. ORDI just happens to be in this position.

Second, ORDI itself has market memory.
As a leader in the inscription sector, ORDI is the first token on the Bitcoin chain to be inscribed, with a total supply of 21 million coins, just like Bitcoin. When inscriptions were hot back then, ORDI’s rise made people question life.
For such tokens, once the market re-acknowledges them and they surge from the bottom, it’s nothing unusual.

Third, it has been consolidating long enough.
ORDI experienced a sufficiently long period of sideways consolidation and accumulation. The longer the consolidation, the cleaner the chips, and once the weak hands are mostly shaken out, it becomes easier to move into a smooth trend.
Plus, with its current market cap still below $100 million, this “well-known but low market cap” project inherently carries an undervalued attribute, making it naturally easier to be targeted for a rebound.

⚠️There is now a speculation circulating: the international release of Bitcoin inscriptions on May 15.

Can it revive ORDI’s narrative? Can it restore the glory of the inscription sector?

For those who want to buy, wait for the pullback. For those who want to short, wait and see how fierce the inscriptions were back then before making a decision.