Bitmap is Back! Why Bitmap is Reclaiming Top Ordinals Glory 👑

The Ordinals ecosystem has finally caught up with the rest of the web3 bear market and has seen a significant decline in engagement and attention. Bitmap also has been suffering lately with a dramatic fall-off in volume. However, as of late, a resurgence in purchasing of Bitmaps has been seen which begs the question why. The community is picking up on the rarity metrics that are being formalized by bitmap.community which is introducing a new collector sentiment that is growing within the ecosystem. We saw this happen with NFTs during the PFP craze as more rarity tools were introduced. As the blocktributes and rarity components expand, so to will the demand for Bitmaps in order to participate in this new speculative arena. Also, what are the other stages of Bitmap progression that can also lead to an increase in market demand for Bitmaps, and as a result, an increase in market activity.

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Edited by: That Xavier - https://www.youtube.com/@ThatXavier Twitter: https://twitter.com/ThatGuyXR

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0:00 - Bitmap's revival, rarity tool development 5:00 - Ordinal blocks' value, community building 10:00 - Bitmap ecosystem's financial potential 15:00 - Bitcoin data's value creation potential ... https://www.youtube.com/watch?v=hAbgSo-XoPU