Todays Top Stories

NodeMonkes: Is a 21x on the Cards?

Not too long ago, comparing the market caps of any Ordinal collection to CryptoPunks would have seemed absurd!

The mere notion of such a comparison would have cultivated attempts to have one sectioned. However, time is healing, and here we are now having that very conversation without fear of being carted off in the back of an ambulance.

A recent comparison between CryptoPunks and NodeMonkes reveals an interesting gap in market cap ratios. On Ethereum, CryptoPunks’ MCAP is 0.2% of ETH’s, while NodeMonkes, Bitcoin’s top collection, holds just 0.01% of BTC’s.

According to MonkeAppraiser, if NodeMonkes matched CryptoPunks’ ratio, its floor price would soar to 4.68 BTC—around 21 times its current value. With CryptoPunks’ all-time high floor at 7.77 BTC, this raises the question: Could NodeMonkes or other Ordinals collections follow a similar trajectory on Bitcoin?

Could Ordinals on Bitcoin achieve the same collector demand as Punks did on Ethereum? The comparison suggests something we have known all along; huge upside for Bitcoin collectibles.

Daily Alpha | BRC-20 Fractal Now Open-Sourced

Fractal has officially open-sourced its BRC-20 implementation, making it easier for developers to build and analyze BRC-20 applications on Fractal. Features include a full event stream and a swap module designed for DeFi projects using PizzaSwap liquidity.

This release is part of Fractal's broader push to create a developer-friendly framework, with future protocol implementations like the Runes protocol indexing component on the way.

Meanwhile, UniSat has shared its product release schedule, which includes the upcoming launch of PizzaSwap, BRC-20 indexing, CAT20 support, and preparations for Runes activation.

Daily Alpha | Bitcoin Amsterdam Kicks Off Soon!

Bitcoin Amsterdam is just around the corner (October 9-10), and this is your notification that ticket prices are set to rise tomorrow on Friday the 27th. So if you’ve been waiting to get involved, now is the time!

The event will feature top speakers like Jack Mallers (Strike), Elizabeth Stark (Lightning Labs), Adam Back (Blockstream), Maya Parbhoe (Suriname Presidential Candidate), and many more leaders from the Bitcoin space.

Whether you're interested in Bitcoin development, DeFi, or Ordinals, this event promises two days of insightful talks and networking opportunities.

Will you be attending? We've heard rumors that some XO team members might be in the area!

Get your tickets here.

Unchained Art | Todays Editors Pick

Daily Bites

Todays Markets

Ordinals

A calmer day unfolded yesterday with some healthy retracements across most collections. Runestone is seeing renewed interest, likely due to the surge in volume on $DOG and Runes as a whole. Speculators might be eyeing the second of three airdrops for holders.

Guardians of Ordinals, which minted out yesterday, entered the top 5 and proved a successful launch, with their floor holding well above mint price.

Runes

Billion Dollar Cat had a red day, down 2% over 24 hours. While it’s not alarming for holders, some believe that the 53 sats level is crucial—if broken, we could see fireworks to the upside.

Volume remains high and steady across the top 5, with Meowgic-Internet-Money taking the spotlight as today’s breakout Rune. Will this one show more staying power than others that have had short-lived bursts this week? It's hard to say—caution is advised when diving into these ultra-low caps. Be sure to check out their X account here before making any moves.

Todays Opportunities

ExtraOrdinals Whitelisted mints this week

Check out the mints ExtraOrdinals giveaway winners have coming up this week:

Current Giveaways

For all our ExtraOrdinals out there, don’t forget to join our giveaways in Discord!

Currently, we have the following raffles running:

• MeatBags (Solana) - Ends Friday 27th 16:08 EST

More giveaways are expected soon, so join the Discord below and try your luck asap!