Another 10 million market value inscription, a quick guide to the KRC20 market status and tools

Original | Odaily Planet Daily ( @OdailyChina )

Author锝淣an Zhi ( @Assassin_Malvo )

Yesterday, KDAO, the KRC 20 inscription with the largest total amount on the Kas chain, started minting. The degree of FOMO began to increase rapidly at noon. The total amount of the inscription reached 15 million, but it was still minted within one day. The network fee increased more than ten times during the FOMO period.

According to the authors observation, except for a few inscriptions and runes on the Bitcoin mainnet, the inscription ecosystem of each chain is dead in the perception of most users. However, in fact, several inscriptions with a market value of tens of millions of dollars were born on Kas in September, and the market value of KDAO also exceeded tens of millions of dollars last night. Odaily will introduce the market status and tools of KRC 20 inscriptions in this article, aiming to help readers quickly understand this market.

Market Status

The leading token of KRC 20 is NACHO (Black Cat), with a current market value of US$67.2 million and a total supply of 10 million. The official account is @NachoWyborski .

Its original concept is Nacho, the pet cat of Kas co-founder Shai. In fact, the token was deployed and prepared for minting as early as June 30, but it was suspended for several months due to Kas network problems. It was reopened on September 15 with an initial market value of approximately US$2 million and a peak market value of over US$80 million .

Another leading token is KASPER, with a current market value of $39 million and a total supply of 1 million. Its official account is @KasperCoin . The token was launched at the same time as NACHO (on the evening of September 15). Since the total supply was much smaller than that of NACHO, it was launched first and is currently listed on exchanges such as XT.com and CoinEx.

In addition to the two leading miners mentioned above, there are currently several other mints with a market value of over $10 million, among which KDAO was deployed and started minting at 4 a.m. yesterday. Since the transaction price on the trading market continued to be higher than the Mint cost during the minting period, a group of brick movers appeared yesterday morning, and they immediately sold the mints on the trading market to obtain the price difference after the mint was completed.

The popularity of KDAO increased rapidly at noon, the low-speed fee of the Kas network increased to more than 2, the price difference continued to decrease, and then the price rose steadily along with the casting cost.

The inscription was cast at 10 pm, and the price continued to rise afterwards. The current price per piece is US$0.788, corresponding to a total market value of US$11.82 million.

KRC 20 Tool Details

KAS Withdrawal

Currently, exchanges that support KAS spot trading include Bybit, Bitget, Gate, etc. However, because multiple KDAO exchanges have suspended KAS withdrawals, users are advised to withdraw from Bybit first , with a single withdrawal fee of 5 KAS (about US$0.65).

KRC 20 Quotes

The author recommends using the Kas.fyi tool to view prices and minting progress. This tool can cover most data needs.

KRC 20 Foundry and Market

Currently, the most common tool for KRC 20 inscription casting is KSPR Bot , and there is no similar competitor. On the main interface, users can see 10 options, corresponding to 10 independent addresses (that is, each Telegram account can create 10 wallets and cast in parallel).

After entering the Bot, creating a wallet and completing the transfer, the user can start the minting process through the /mint command, and enter the inscription name, quantity (how many), and network fee to be minted in sequence. The Bot will automatically execute until the quantity reaches the preset upper limit or the user manually stops it.

The network fee can be matched through three levels: Low, Medium, and High, or you can directly enter a number. It should be noted that even if the Kas network uses 1 KAS of Gas for casting , the casting speed will be lower than normal Gas.

In addition, the model of KSPR is a one-time payment, which is settled after the task is completed, and the Bot cannot identify whether the inscription has reached the upper limit, requiring the user to manually stop casting , settle and retrieve the remaining Kas.

In terms of trading, the most mainstream trading market is also in KSPR. Users can enter through the /marketplace command and click on the corresponding order to buy. If you need to sell, you can enter the order menu through the /mylistings command to create and manage orders.

Who is pulling and taking over?

KRC 20 is still not very popular in the Chinese area. We don鈥檛 know who is maintaining the high market value and high trading volume behind it. Some users think this may be a conspiracy of KAS miners. Perhaps this is not important. The most important thing is to observe the leading trend and the money-making effect of the market and participate in time before there is no profit.

This article is sourced from the internet: Another 10 million market value inscription, a quick guide to the KRC20 market status and tools

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