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Total Bitcoin Inscriptions count approaches 10M
The current run rate of Inscriptions is approximately 200,000 per day; this has noticeably fallen off throughout May.
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Quick Take
- The total Bitcoin Inscription count is approaching 10 million – currently 9,574,192.
- Inscriptions are the metadata added onto Bitcoin Satoshis via the Witness portion of a Bitcoin transaction. The metadata can relate to text, images, video, etc., but is limited to about 4 MB.
- The second chart below shows text-based Inscriptions make up the majority of New Count Inscriptions.
- The current run rate of Inscriptions is roughly 200,000 per day; this figure has noticeably fallen off throughout May – suggesting a growing reluctance to pay fees.
$73,311.04 -3.26% (24H)
- Market Cap
- $1.47T
- 24H Volume
- $42.85B
- Circulating Supply
- 20.04M
- Layer 1 Dominance
- 71.9%
