In a remarkable turn of events, the PUPS (Ordinals) token has experienced a staggering 45% surge in price over the past 24 hours, now trading at an impressive $25 on CoinMarketCap. This surge has propelled the token's market cap to an astounding $191 million, with a circulating supply of 7.7 million PUPS.

The recent price hike can be attributed to the exciting partnership announcement between the PUPS project team and the OKX crypto exchange. In a post on X, the exchange addressed users who missed last month's Runes airdrop, promising to bring on "an excavation" to uncover more opportunities with various projects, including PUPS.

PUPS, the first memecoin on Bitcoin, made headlines last month with its groundbreaking BRC-20 airdrop. The project utilizes the innovative Ordinals protocol, which allows users to embed data into the Bitcoin blockchain by inscribing references to digital art into small Bitcoin-based transactions.

The hype surrounding Ordinals and Runes intensified ahead of the Bitcoin halving event, reaching its peak when Bitcoin celebrated its fourth halving on April 20. This was also the launch date for the Runes protocol. However, over the past week, the activity on the Bitcoin Runes protocol has seen a decrease, indicating a lack of meaningful traction among users.

As the PUPS (Ordinals) community celebrates this remarkable achievement, it's clear that the project's unique approach to memecoins on the Bitcoin blockchain has captured the attention of investors and enthusiasts alike. With the support of OKX and the continued innovation of the Ordinals protocol, PUPS is poised to make even greater strides in the crypto world.