Top BRC20 Tokens To Invest in 2024

OriginTrail is an ecosystem dedicated to making the global economy work sustainably by organizing AI-grade knowledge assets, making them discoverable and verifiable for a sustainable global economy. It leverages the open source Decentralized Knowledge Graph that connects the physical world (art, healthcare, fashion, education, supply chains,among others) and the digital world (blockchain, smart contracts, Metaverse, NFTs, AI, among others) in a single connected reality, driving transparency and trust.

It is a decentralized leverage trading platform which was formerly known as RAMP DEFI. It aims to provide a secure, transparent, and user-friendly platform for leveraging assets in the DeFi space. Users can provide liquidity to various pools on LeverFi, earning interest and trading fees. This process supports the platform’s trading activities and offers passive income opportunities for liquidity providers.

LeverFi has a growing user base with over 100,000 active users. This reflects the platform’s popularity and adoption within the DeFi community. The protocol’s roadmap includes initiatives to enhance scalability, reduce transaction costs, and further decentralize governance.

Multibit is a lightweight platform made for the purpose of easy cross-network transfers between BRC20 and ERC20 tokens. The main motive is to hold increased liquidity and accessibility for the tokens in an efficient manner by managing the secured services. The exchange rates are being displayed to the users which helps users to make informed decisions about the transaction.

It has been involved in token listings, which allows tokens to be traded more freely, providing holders with an opportunity to buy or sell, thus strengthening the market presence.

This is a cryptocurrency that focuses on providing a seamless and efficient financial services that help consumers and businesses to manage Bitcoin and other blockchains efficiently. It focuses more on speed, security, and low transaction costs for simplifying the digital payments. It holds a total market cap of over $9 million and has a circulating supply of over $72 million tokens.

The platform is having a strong collaboration with some of the notable investors like BRC20, MEXC Global, Marshland, etc. With the motive to revolutionize blockchain technology, it ensures transparency and reliability in transactions.

Ordinals is a project that is formed by using the content of Satoshi’s Ordinals protocol. The inscription in this protocol is not required to change Bitcoin or use a side chain or other additional token. The Ordinals protocol writes information to each Satoshi, including text, images, audio, and video, among other things. The primary data for inscribe (also known as mint) is primarily text and images in the form of NFT and tokens due to the size limit of the Bitcoin block.

The ALEX BRC20 token, which serves as an incentive for the ALEX B20 ecosystem, is issued by ALEX. With Bitcoin finality and instant trade confirmation for BRC20 assets, ALEX B20 is the first BRC20 Orderbook DEX.

The project was launched as an aspiration after popular meme coins such as Dogecoin and Shiba Inu. Projects like dogecoin have given hope to many crypto enthusiasts. Pepe strives to be the best meme based cryptocurrency. Furthermore, Pepe wants to establish a crypto community with no tax policy, burning mechanism to keep Pepe floating, and a redistributive system to keep the long term stakers in close proximity. 

The project is formed under BRC-20 and has a high possibility of exploding. The coin has a maximum supply of 99,999 MEME, out of which it has 93,999 MEME in circulation. 

The $piza is a memecoin that has no intrinsic value and no expected financial return; it exists only for amusement. The token is not officially supported by a team or roadmap.

Bisoswap is developed to provide liquidity to BRC-20 token standard. It is the first swap protocol developed token. It aims to increase liquidity by gathering pools for LP transactions. It will also enable real-time trading. 

The name $drac, which is derived from the abbreviation dracula and the number 1260, also known as the vampire number, was inspired by the vampire Count Dracula. The $drac inscription marked the start of the BRC20 inscription era and drew many BRC20 fans’ interest and money.

Biop is a safe, quick, intelligent, and inexpensive Bitcoin L2 blockchain based on the optimistic roll-up protocol. It is by bitcoin developers, for bitcoin developers. Also, by using full ledger synchronization and BVM, it is hoped to create a significant decentralized Bitcoin ecosystem, similar to DeFi, NFT, GameFi, and SocialFi.

BRC-20 and ERC-20 have created a buzz in the world of cryptocurrency. Both of these are distinct token standards that highlight the innovation of the crypto industry. As a coin has two sides, both of these tokens have their own positives and negatives. So, let’s see the clash of the two tokens, highlighting some major differences between BRC-20 and ERC-20.

BRC-20 is the token standard employed within the Binance Smart Chain (BSC) ecosystem. It enables high-speed transaction processing at a low cost to both developers and clients. The token standard is versatile and can be used for a wide array of functions, such as incentivizing users and fueling DeFi applications. BRC-20 tokens also have a bunch of limitations, like the fact that they cannot interact with smart contracts. Moreover, they cannot be frozen or burned and do not have decimals.

ERC-20 is the Ethereum blockchain’s token standard, and it has been extensively accepted since its creation in 2015. ERC-20 tokens are widely utilized in a variety of applications, such as crowdfunding, loyalty programs, and voting systems. The token standard has a large user and developer community, making it a popular choice among cryptocurrency lovers. Although the functions of BRC-20 and ERC-20 appear to be identical, they differ in platform compatibility, ecosystem, and market acceptance.

• Tokenization: With more work, BRC-20 tokens could be used to build digital assets linked to physical commodities like gold or fiat money. Users can provide token attributes and properties, such as supply, minting, and issuance mechanism, in ordinal inscriptions by using JSON code.
• DeFi: The inflexible and straightforward structure of the Bitcoin network has prevented the creation of decentralized protocols and applications. The Bitcoin network could benefit from growth and liquidity in the future thanks to BRC-20
• Peer-to-peer Transfer: Similar to Bitcoin, BRC-20 tokens can be used for peer-to-peer transfers between network wallets. Transaction fees are collected using the Bitcoin blockchain, which runs the BRC-20.