(Date: Saturday 13 July 2024, 03:11 AM GMT):
The cryptocurrency market is shining with BRC-20 tokens with significant gains. In the past 24 hours, the market cap for BRC-20 tokens jumped by 9.55%, reaching $1.40 billion, while trading volume surged by 39.95%. BRC-20 is a token standard on the Bitcoin blockchain that allows for the creation of tokens representing asset ownership.
After a bearish period, BRC-20 tokens are making a strong comeback this week. Here’s a closer look at some of the top performers:
Ordinals (ORDI):
- 24-Hour Performance: ORDI’s price surged by 12.19%, now trading at $33.95.
- Market Cap: $713 million.
- Weekly Performance: Over the past 7 days, ORDI jumped by 19.52%.
- All-Time High: Despite the recent gains, ORDI is still down 64.5% from its all-time high of $95.92.
SATS (1000SATS):
- 24-Hour Performance: SATS soared by 10.10%, trading at $0.0002145.
- Market Cap: $450 million.
- Weekly Performance: In the last week, 1000SATS saw a remarkable increase of 75.87%.
- All-Time High: SATS remains down 76.08% from its peak of $0.000000924.
Multibit (MUBI):
- 24-Hour Performance: MUBI’s price rose by 6.34%, now at $0.03265.
- Market Cap: $30 million.
- Weekly Performance: Over the past 7 days, MUBI increased by 5.50%.
- All-Time High: MUBI is still down 91.2% from its high of $0.372.
The comeback of BRC-20 tokens has brought renewed interest and optimism to the market. Investors are keeping a close eye on these tokens, hoping for continued upward momentum.
Also Read: SATS (1000SATS) Price Prediction 2024-2030.