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FRAM price

FRAM price

$0.007297
USD
BRC-20
Inscription starting number #10321318
View my BRC-20 tokens

Real-time summary of FRAM price data

The live price of FRAM is $0.007297 per (FRAM / USD) today with a current market cap of $58.23M USD. The 24-hour trading volume is $69.49M USD. FRAM to USD price is updated in real time. It has a total supply of $8.00B .

FRAM market data

Market cap
$58.23M
All transactions
5,023

FRAM price calculator

FRAM
VectorImg
USD
1 FRAM = 0.007297 USD
Last updated on (UTC)

About FRAM

FRAM is an inscription token issued on the Bitcoin blockchain based on the Ordinals protocol. With a total supply of 21 million bitcoins, each coin can be subdivided into 100 million satoshis (satoshi is the lowest denomination of a Bitcoin), amounting to a total of 2100 trillion satoshis. Inscriptions are created by using the Ordinals protocol to write content to each satoshi. The ordinals protocol involves writing information to each satoshi, including text, pictures, audio, video, etc.

FRAM: What Is It and How Does It Work?

What Is FRAM?

FRAM, well known as FRAM BRC-20 NFTs, is a non-fungible token (NFT) collection on the Bitcoin blockchain. The FRAM BRC-20 NFTs have a total supply of 16,699 NFTs and have been actively traded in the market. This collection represents a pioneering step in the use of Bitcoin blockchain technology, extending its capabilities beyond its initial currency-focused purpose. The FRAM collection leverages the security and resilience of the Bitcoin network to offer unique digital assets, integrating the robustness of Bitcoin with the diverse applications of NFTs. Each NFT in the FRAM collection is distinct, providing digital collectors and investors with a new way to engage with blockchain technology.

Unlike traditional NFTs that are commonly associated with Ethereum and similar blockchains, FRAM introduces a novel approach through the use of the BRC-20 token standard on the Bitcoin network. The market performance of the FRAM NFTs collection has been impressive, with sales exceeding $33 million and over 7,600 owners as of January 2024. Particularly noteworthy is the rapid sales growth observed on the OKX NFT marketplace, where it achieved over $10 million in sales within a week.

How Does FRAM Work?

FRAM operates on the principles of blockchain technology, specifically utilizing a token standard known as BRC-20 on the Bitcoin network. This standard is pivotal in enabling the creation and trading of both fungible and non-fungible tokens on the Bitcoin blockchain. BRC-20 tokens, like FRAM, are created through a process known as "inscription." This involves encoding data, such as images, text, or videos, onto Bitcoin satoshis (the smallest unit of Bitcoin), thereby creating unique digital assets or NFTs.

The process of creating FRAM NFTs involves sophisticated blockchain operations. Each NFT is uniquely inscribed onto a satoshi, ensuring its distinctiveness and ownership verification. This method not only preserves the integrity and uniqueness of each FRAM NFT but also benefits from the robust security features of the Bitcoin network. The use of Bitcoin blockchain for NFTs like FRAM is a groundbreaking development, as it leverages Bitcoin's extensive network and security while introducing new functionalities.

To learn more about Bitcoin Ordinals, check out our article: What Are Bitcoin Ordinals? Everything You Need to Know About Bitcoin NFT.

What Is the Tokenomics of FRAM Token?

The FRAM token is the fundamental unit of this NFTs project. It has a total supply of 8 billion tokens. As a BRC-20 token, it offers the flexibility of a cryptocurrency with the distinctiveness of an NFT. This dual nature positions the FRAM token as a versatile and appealing asset in the digital market, suitable for various applications in the blockchain and NFT sectors.

FRAM is designed as a 100 percent mintable token, making it an attractive option for trading and investment, particularly for those interested in BRC-20 tokens. However, like any investment in the volatile cryptocurrency market, the benefits and risks associated with Piin tokens should be carefully evaluated.

How to buy inscription FRAM?

The BRC-20 inscription tokens FRAM are tokens based on the Ordinals protocol and inscribed on the Bitcoin network. To purchase FRAM, you need a crypto wallet that supports the Bitcoin network. For instance, you can purchase FRAM on the marketplace within these Bitcoin wallets at unisat.io/market/brc20?tick=FRAM or ordinalswallet.com/brc20/FRAM. However, it's important to note that you will need to buy BTC and deposit it into these Bitcoin wallets first before you can acquire these BRC-20 tokens.

Can I purchase FRAM inscription tokens on CEXs?

Some of the major BRC-20 inscription tokens, including $ORDI, $SATS, $RATS, $VMPX, $PEPE, $BIP, are currently listed on Bitget, where you can purchase them.

How do I inscribe an inscription token like FRAM?

You can inscribe various types of Bitcoin inscription tokens, including Bitcoin NFT, BRC-20, and more, at web3.bitget.com, unisat.io/inscribe, ordinalswallet.com/inscribe, idclub.io/brc20 or looksordinal.com. The process for inscribing BRC-20 inscription tokens is as follows:
1. First, you need to buy BTC and deposit the acquired BTC in your Bitcoin Wallet.
2. Then, open the inscription feature module on these platforms in your browser and select the BRC-20 type.
3. You can click the search icon and select BRC-20 to view a list of Bitcoin-based inscription tokens.
4. Select an inscription token currently being distributed and participate in the minting process.
5. Select how many times you want to mint this token inscription. With each minting, you will receive a specific number of tokens. For example, with 5 times of minting, you will get five times that specific number of tokens.
6. Enter the gas fee amount. Keep in mind that a higher gas fee will result in a faster transaction processing time.
7. Minting is complete. You can now view the inscribed tokens in the My Inscription section on the Profile page of these minting platforms, or all the inscription tokens on your Bitget Wallet.

Top BRC-20 tokens

Inscription # 10321318 status

Inscription ID
fa816cf792f9c967bbacd9adc2a09c875280b9987f806e6dbe1f040c79e6e11di0copy-inscriptionId
Deployed by
bc1p870ufxv334hxha8ys7ulxnl6qutsn2klepvuhjwmk3fggq4n8hws3wx8p4copy-deployedBy
Deployment time
2023-05-31 15:46:47
Supply/Minted
8.00B/8.00B
Holders
7,364
Inscription starting number
#10321318copy-inscriptionStartingNo
Inscription ending number
#10322545copy-inscriptionEndingNo
Decimal
18
Limit per mint
8.00B

FRAM resources

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