#ordi We asked for a review of the project.

The coin is now pumping and showing good movement. ORDI is the first BRC-20 token on the Bitcoin network created through Ordinals. That is, this is not a separate blockchain and not a full-fledged DeFi protocol, but a token written in Bitcoin through the mechanism of instructions.

This is the main problem of the project - ORDI is not a blockchain, DEX, lending protocol or infrastructure company. Its value mainly rests on the status of the first BRC-20 token, memeticity and interest in the Ordinals/BRC-20 sector.

The project has no real application. Capa $120 million. The standard itself is quite flimsy - BRC-20 works through instructions, and not through normal smart contracts like Ethereum/Solana. Because of this, the functionality is limited: fewer DeFi capabilities, worse composability, more complex UX, less flexibility.

Many Bitcoiners don’t like Ordinals and BRC-20 because they take up block space and increase fees. Part of the community considers such tokens to be “garbage” in the Bitcoin network. This creates ongoing reputational and political risk for the sector. ORDI is a strong narrative asset, but a weak fundamental project. Its main advantage is that it is the first BRC-20 token and the main symbol of the Ordinals sector. The main disadvantage is that there is no full-fledged product behind it.

You can consider buying it, but not from the current ones, but ideally from the $2,246 area where it will most likely come in the near future.