The inscription trend continues to dominate the crypto space. Recently, Binance's listing of sats (1000SATS) triggered a 40% price surge within an hour, elevating other BRC-20 tokens and cross-chain inscription projects. Among these, ASCT on Avalanche stands out with remarkable growth.
ASCT: The Rising Star of Avalanche Inscriptions
- Current Price: 0.0179 AVAX (~$0.61), a **144% increase** from its initial trading price of $0.25.
- Market Position: #1 by trading volume on Avascriptions (Avalanche's inscription marketplace).
- Upcoming Listings: Confirmed for AscendEX and CoinW exchanges (December 13 announcement).
👉 Explore ASCT's live market data
From AVAL to ASCT: The Shift in Avalanche's Inscription Leadership
While AVAL was the first major Avalanche inscription (deployed June 2023), its momentum waned post-November market cooling. Key stats:
AVAL's Current State:
- Market cap: $5,783 (near-zero floor price).
- Overshadowed by ASCT's rapid adoption (21M USD market cap within a week).
ASCT's Edge:
- Holder Base: 9,714+ holders, the largest on Avascriptions.
- Deployment Timeline: Mint completed December 7, 2023.
Top ASC-20 Inscriptions to Watch (Beyond ASCT)
Avascriptions’ marketplace highlights these emerging projects:
| Token | Total Supply | Mint Progress | Current Price (AVAX) | 24H Volume (AVAX) | Market Cap |
|---|---|---|---|---|---|
| AVAV | 21M sheets | 8.84% | - | - | - |
| AVAS | First ASC-20 token | 100% | 0.0013 | 1,501.76 | $954,405 |
| ATXS | - | 100% | - | Low activity | - |
Note: ATXS faces low liquidity (451 holders).
Key Considerations for Investors
- Utility Gap: Most ASC-20 tokens lack real-world use cases.
- Volatility: Inscription markets are highly speculative.
- Mint Costs: Low entry barriers increase supply risks.
👉 Dive deeper into Avalanche's inscription ecosystem
FAQ Section
Q1: Why did ASCT outperform AVAL?
A1: ASCT benefited from timely exchange listings and stronger community engagement post-market rebound.
Q2: Is AVAS a good investment now?
A2: As the first ASC-20 token, AVAS holds historical value but check real-time liquidity before trading.
Q3: How risky are Avalanche inscriptions?
A3: Extremely volatile—only allocate disposable funds and monitor marketplace trends closely.
Q4: Where can I trade ASCT?
A4: Currently on Avascriptions, with AscendEX and CoinW listings upcoming.
Final Thoughts
Avalanche’s inscription market is evolving rapidly, with ASCT leading the charge. However, investors should prioritize due diligence amid the hype. Stay updated via trusted analytics platforms and diversify holdings to mitigate risks.
For real-time tracking tools, visit OKX's market dashboard.
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