New assets this week: ORDI, MANTA, BONK & JTO
We're excited to announce the addition of four new assets to Bitvavo this week: ORDI, MANTA, BONK & JTO. These coins were highly requested by our community, and we're pleased to share that they are now available for trading.
Please note that meme coins like ORDI en BONK can be highly volatile, so exercise caution when trading them. All new listings will be trade only at first and we will add deposits and withdrawals later. For more details about the assets, read our article.
About Ordinals (ORDI)
ORDI is a meme coin on the Bitcoin network, created as the first BRC-20 token using the Ordinals protocol. BRC-20 tokens, introduced in 2023, are a new standard on the Bitcoin blockchain, similar to ERC-20 tokens on Ethereum. Developed by Casey Rodarmor, the Ordinals protocol allows data like text, images, audio, and video to be written directly to each satoshi, the smallest unit of Bitcoin. This has led to new applications such as NFTs on Bitcoin.
With a fixed supply of 21 million tokens, ORDI showcases the possibilities of the Ordinals protocol, representing the first Bitcoin-based NFTs and tokens, demonstrating the technology’s innovation and potential.
About Manta Network (MANTA)
Manta Pacific operates as a Layer 2 ecosystem on the Ethereum platform, tailored specifically for Ethereum Virtual Machine (EVM)-native ZK applications. This ecosystem offers a scalable and cost-effective environment, minimizing gas fees. Manta Pacific facilitates the deployment of ZK applications by seamlessly integrating Solidity, an object-oriented programming language, to provide solutions within the Ethereum ecosystem. In a recent airdrop, 50 million MANTA tokens were distributed among users.
Considering MANTA is a new project and that 75% of the token supply is locked, please be aware of the higher risk associated with trading this asset.
About Bonk (BONK)
BONK, a meme coin built on the Solana blockchain (SOL), was distributed via airdrop to the Solana community in 2022. The project, featuring a Shiba Inu dog mascot reminiscent of Dogecoin, aspires to become the "community coin of Solana." The objective is to integrate BONK across various decentralized applications (DApps) with the overarching aim of restoring liquidity to decentralized exchanges (DEXs) on the Solana platform. BONK has a capped supply of 100 trillion coins.
About Jito (JTO)
Jito, an abbreviation for "Joint Token," functions as a liquid staking platform on Solana, offering MEV (Maximum Extractable Value) rewards to participants. This protocol enables Solana users to participate in staking, helping decentralize the Solana network by distributing staked assets across its various nodes. Users can stake SOL (the native token on Solana) on Jito, receiving JitoSOL in return.
Interested in these assets? Open an account and start trading.