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- ExtraOrdinal Daily #126 | Return To Bitcoin Now
ExtraOrdinal Daily #126 | Return To Bitcoin Now
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18th Feb 2025 ||| Issue #126
ExtraOrdinals Daily Alpha is brought to you by @ExtraOrdinalsBTC.
All your Ordinal needs in one place!
Table of Contents
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Todays Top Stories
Editor: @PhoenixxDown
Return To Bitcoin Now
The fallout from the $LIBRA scam continues to deepen, with new revelations shaking the market. More high-profile names could soon be revealed as participants in this scheme—individuals who have been extracting value from the space for months, if not years.
You must spend 25 minutes and watch this entire video of leaked audio between Ben from Meteora and Dhirk from DefiTuna. It implicates several big name influencers as insider “snipers”, Hayden, his dad and brother, and Meteora itself. Billions of dollars involved. Black swan here.
— Beanie (@beaniemaxi)
4:23 PM • Feb 18, 2025
But at this point, do we really need to keep rehashing the story? News is slow outside of this scandal, but unless something truly shocking emerges, it's time to move forward and figure out what’s next.
Many of us have been deeply involved in Solana markets, and for those who’ve been burned the hardest, this might be the right moment to explore other investment opportunities—particularly in Bitcoin assets.
This isn’t about writing off Solana. Far from it. Once the bad actors are flushed out, Solana will recover, with real projects and strong communities taking the lead. But while the dust settles, if you’re looking for a space with fewer rug pulls and more long-term integrity, here’s why Bitcoin assets like Ordinals and Runes might be worth your attention.
It’s all unravelling so quickly. In the past hour we found out that Jupiter owner Meow is the real owner of Meteora. Ben lied about having no involvement with Libra and other Kelsier launches and was fired from Meteora. Gotta imagine Solana and its execs knew this the whole time.
— Beanie (@beaniemaxi)
3:32 AM • Feb 18, 2025
Bitcoin’s ecosystem values history and significance over quick flips. While Solana has been an incredible breeding ground for rapid innovation, it's also been a haven for projects that exist purely to extract liquidity from retail. Bitcoin assets tend to move slower, but that’s a feature, not a bug. There’s an inherent cultural difference in how Bitcoin-native communities approach value—one that prioritizes long-term significance over hype-driven speculation.
Welp, Solana I had fun winning some and losing a lot in your memecoin casino. But all roads lead back to Bitcoin. I feel safe here. Ordinals, BRC20, Runes, and whatever else comes next. I'm here for it. Still holding my EVM AI agent conviction bags though, they shall return.
— Derik Web3 (@DerikScreen)
3:22 AM • Feb 18, 2025
Security is another key factor. The very thing that makes Bitcoin harder to use for fast-paced trading—the network’s slower transactions and higher fees—also makes it less susceptible to the kind of rapid-fire rug pulls that happen daily on Solana. The friction involved in transacting on Bitcoin might be annoying at times, but it’s also a deterrent for scammers who rely on speed and low fees to pull off their schemes.
Liquidity and network effects also play a role. Every time you buy or sell an Ordinal or a Rune, you’re transacting directly into Bitcoin, the most liquid and widely adopted cryptocurrency in the world. There’s no need to bridge to another chain, no reliance on third-party intermediaries, and no risk of being stuck with worthless tokens because a liquidity pool dried up overnight. Bitcoin’s market depth provides a safety net that other ecosystems simply can’t match.
worst argument for solana memecoins are the scammers and insiders on solana
best argument for bitcoin memecoins are the scammers and insiders on solana
— shin ⚡️ (@shin_raton)
3:27 AM • Feb 17, 2025
Beyond just security and liquidity, Bitcoin offers something that’s been sorely lacking in other ecosystems lately: accountability. The Bitcoin community isn’t built around influencers dumping on their followers or launching insider-rigged projects. While bad actors exist in every space, Bitcoin’s culture doesn’t reward them in the same way. There's a reason you don’t see the same cycle of Solana-style influencer pump-and-dumps playing out on Bitcoin—it’s just not part of the ethos.
After spending time in the Solana trenches (and losing) I have a greater appreciation for runes which comparably have very low market caps…
$DOG - $308m
$PUPS - $36m
$Billy - $17m
@rune_coin - $17m
$GIZMO - $6m— Zhigity (@NBATopShotThis)
7:47 PM • Feb 17, 2025
Finally, there’s the psychological factor. After everything that’s happened with $LIBRA, $MELANIA, and a year+ of being told to “LOCK IN” and “NEVER STOP CLICKING, ANON,” a lot of people are exhausted. The constant churn of Solana shitcoins, the never-ending cycle of hype and collapse—it wears on you. Bitcoin offers a mental reset. It’s slower, it’s steadier, and it’s not dependent on a revolving door of anonymous Telegram accounts promising 100x gains.
Solana will have its time again, but right now, Bitcoin offers a more stable, culture-driven alternative. Maybe this isn’t just a safer move—it could be the shift that rekindles faith in what crypto was always meant to be.
Honestly, let's run back runes
Fuck it
Newsy Johnson
— Newsy (@NewsyJohnson)
12:16 AM • Feb 18, 2025
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Top Posts | $WZRD To $MIM Migration Is Live
🚨 MIGRATION IS LIVE 🚨
Migration Website: mim.ordkit.xyz
• 15k sats if migrating 100 or less wzrd
• 25k sats if migrating less than 3000 wzrd
• 50k sats if migrating more than 3000 wzrd0.25% rune fee if you migrate more than 3000 wzrd
0.50% rune fee if you… x.com/i/web/status/1…
— The Bitcoin Wizard (@bitcoinwizardry)
6:47 PM • Feb 18, 2025
Top Posts | “Runes Are No Longer Illiquid”
This is HISTORY IN ₿ITCOIN DEFI
We'll repeat this as many times as we need for you to get this
Runes are no longer illiquid, so prepare to take a quantum leap forward
We now have LPs from (@dot_swap and @RunesDEX ) and aggregated LPs on ₿itcoin L1.
This ENABLES sells in an… x.com/i/web/status/1…
— Sats Terminal (@SatsTerminal)
8:31 PM • Feb 17, 2025
Top Posts | Selling On Liquidium Swaps Is Live
Selling on Liquidium Swaps is here!
Liquidium Swaps almost always give you the best exchange rate.
Get more $LIQ for less BTC.
Now — also get more BTC for less $LIQ!We aggregate from all marketplaces to give you the best deal and the most Runes for your BTC.
Powered by Sats… x.com/i/web/status/1…
— Robin (@robin_liquidium)
1:51 PM • Feb 18, 2025
Top Posts | Trevor Compares PumpFun To Groupon In 2010
Groupon in 2010 was the hottest startup—explosive user growth, massive hype, and a business model that seemed like the future. Daily deals spread like wildfire, but the model was fundamentally flawed: merchants lost money, customer loyalty was nonexistent, and competition flooded… x.com/i/web/status/1…
— trevor.btc (@TO)
4:46 PM • Feb 18, 2025
Top Posts | All You Need To Know About the FTX Refunds
Billions in FTX refunds going out today
Here’s what you need to know
— Chris ☕️ (@ChrisCoffeeEth)
4:23 PM • Feb 18, 2025
Top Posts | How Bootoshi Uses AI To 1000x His Dev Efficiency
HOW I USE AI TO 1000x MY DEV EFFICIENCY
i made @mckaywrigley new o1-pro prompt pipeline easier to use !
*MUST WATCH* IF YOU WANT TO BECOME A SUPER DEV
github repo below 🧵👇
— BOOTOSHI 👑 (@KingBootoshi)
3:26 AM • Feb 18, 2025
Daily Bites: Today’s Top Articles
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Todays Markets
Ordinals
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Fresh lows were hit today across several key Ordinals collections, with OMB, Bitcoin Puppets, and NodeMonkes all seeing declines. Quantum Cats also dropped below 0.2 BTC for the first time in a while, while Bitcoin Wizards took a significant hit, falling nearly 40% in a post-snapshot price correction.
But amidst the carnage, one project stood out—The Golden Horseshoe by Bitcoin Derby, which surged 66% in value. Bitcoin Derby bills itself as “the first AI gaming and betting experience on Bitcoin,” and the hype around it is growing fast after 504 free mints were distributed yesterday.
Could this be Bitcoin’s answer to past winners like ZedRun?
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Runes (Bitcoin Memecoins)
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Today marks the first time we’re officially including $MIM in this list, as the migration from $WZRD is now underway. Currently sitting at a $67M market cap, it’s still unclear whether this Rune can inject some much-needed life back into the space—but you certainly wouldn’t rule it out from happening.
Overall, it wasn’t a disastrous day compared to the broader market, especially when looking at Solana and Ethereum memecoins.
$MORI continued its habit of performing well when others falter, climbing 15% today and breaking into the top five by volume. While the rest of the market struggles to find footing, $MORI seems to thrive in red conditions—an impressive feat in the current climate.
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Todays Opportunities
Giveaways
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There are currently three raffles live, so join the Discord below and make sure you have notifications on so you don’t miss out!
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