Its not a good situation. In my opinion this kind of concept has similar consequences like money printing or artificially lowering interest rates. Because what these ordinals are doing is pushing away users that do payments, imo, and it looks very good because wow Ordinals are providing significant fee revenue for miners, but its not going to last imo. And when the ordinals party ends there is going to be a fee vacuum. But lets see.

Scammer all time high 🤣🤣🤣

To me is a healthy use case for bitcoin

It's good as blocks need to be full to secure the network. Lightning adoption will increase. I now check more frequently offers on robosats than on Bisq as mining fees are a big chunk on bisq when you do smaller btc transactions.

It will continue to hit ATHs because people aren't just dumping images its text now too and these json files so yeah its going to look like theres alot of activity, but its really just the same people trying to sell useless "tokens" to others who think they can pass it on

BRC-20 tokens are getting traction, even some exchanges like Houbi have said they would list some of them, sigh

Ain't that ordinal shit broken ? IMHO is worthless even on Bitcoin