Rats is a unique meme token launched in March 2023. It quickly gained popularity in the crypto community and is based on the Bitcoin network, using the BRC-20 token standard. The token is inspired by rats, considered the most prolific mammal on Earth. Unlike many tokens aiming for significant roles in the blockchain ecosystem, Rats is created primarily for fun, embodying the playful and experimental nature of meme tokens.
Rats utilizes the innovative Ordinal protocol, allowing for the documentation and identification of digital content in satoshis, the smallest unit of Bitcoin. This protocol supports a variety of content types, including text, images, audio, video, video games, and full code, fostering diverse applications and enhancing Bitcoin blockchain usability.
The token's success is attributed to its enthusiastic community, which aligns with the typical success pattern of meme tokens driven by collective interest and exploration of blockchain technology.
Rats doesn't have a whitepaper, official website, or roadmap. Its reliance on the BRC-20 standard and integration with Bitcoin suggests a potential for long-term value despite its meme token status. The total token supply is 1 trillion Rats.
