Quick Take
- On May 8, CryptoSlate reported that BRC-20 tokens hit a $1 billion market cap due to the soaring Bitcoin fees that miners were receiving.
- Yesterday, CryptoSlate reported that inscriptions might have run their course, with the average fee paid per block down from six Bitcoin to one Bitcoin.
- BRC-20 tokens now have around $385 million in market cap — which has seen a substantial market cap drop in the past few days.
The post BRC-20 tokens lose 600 million in market cap within four days appeared first on CryptoSlate.
