Binance updates ORDI token information, mistakenly treating ORDI as the native token of the Ordinals protocol.

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Binance Lists ORDI, Coin Introduction Error

Binance listed several ORDI trading pairs on the evening of November 7, including: ORDI/BTC, ORDI/USDT, ORDI/TRY.

However, according to screenshot records, the introduction of ORDI as "Ordinals ORDI" in the Binance announcement is incorrect, which can easily lead to the misunderstanding that ORDI is the native token of the Ordinals protocol, when in fact, ORDI is just a meme coin under the BRC20 standard.

Ordinals Founder Points Out Error, Binance Updates Token Information

Casey Rodarmor also tweeted that the information column of ORDI directs the token's official website, whitepaper, and block explorer to Ordinals, hoping Binance can resolve this issue promptly.

Binance updated the announcement around noon on November 8.

I hope this gets fixed soon. ORDI is not associated with the Ordinals project, The Open Ordinals Institute, or The Ordicord.

Those links should be removed, and the token should not be named "Ordinals". The name of the token is ORDI.

If anyone has any contacts at Binance they… https://t.co/vR9cneIPBk

— Casey (@rodarmor) November 7, 2023

ORDI Leads Surge in BRC20 Tokens

According to CoinGecko, BRC20 tokens have surged across the board, with ORDI seeing a 148% increase in the past seven days. Although the price of $13 has returned to the heat of mid-May meme season this year, it is still below the historical high of $19.