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ORDI eyes are about to fall below 2U, with a market cap plunging to 40M, a devastating decline—despite this, why do some still stubbornly hold onto inscriptions and stick to ORDI?
As the leading inscription project and the first BRC-20 token, ORDI once boasted Bitcoin ecosystem backing, soaring to 97U and being hailed as the "inscription ceiling." Many heavily invested, and even now, refuse to cut losses, firmly believing in the future of inscriptions.
Some say inscriptions are a "asset layer revolution" within the Bitcoin ecosystem, and that holding on can turn things around. But in my view, this is just self-comfort for those trapped. ORDI has fallen 99% from its high, losing its halo. Those who persist do so for three core reasons:
1. Inability to let go of the initial belief: obsessed with ORDI’s "first BRC-20" label and its 20,000-fold rise, ignoring that Bitcoin developers have already pointed out that inscription protocols exploit client vulnerabilities and are "junk information" that could be fixed. The first-mover advantage is fragile.
2. Self-delusion after being trapped: most holders are stuck at high levels, falling from tens of dollars to nearly 1U. The huge losses from cutting losses lead them to give up, claiming to believe in inscriptions’ future, but in reality, they are unwilling to accept misjudgment, gambling on a vague rebound.
3. Confusing concept with value: misled by narratives of inscriptions as "the only solution for native assets" and "technological iteration," but in fact, the bubble in this track has burst. Most inscription tokens have zero value; the so-called iteration is just a gimmick without practical applications, and long-term value is nonexistent.
Advise those holding ORDI not to deceive themselves. With ORDI approaching 1U and a market cap of 40M, this is a return to value after the bubble burst. Inscriptions have no real value. Current holding is not faith, but obsession, which only deepens the trap.
#ordi # inscription