In a week marked by unprecedented bullish momentum, standout performers have emerged not only among decentralized protocol tokens but also within the realm of meme coins. Notable among these top crypto gainers of the week is BONK, the canine-themed meme coin that has recently ascended to the third position among dog-themed tokens, showcasing a remarkable resurgence.
Joining the surge are BitTorrent (BTT) and Ordinals (ORDI), all contributing to the dynamic and thriving landscape of the cryptocurrency market this week.
Top Crypto Gainers Of The Week
BONK: Reigning As One Of The Top Meme Coin
Experiencing a staggering weekly surge of 207.24%, BONK has once again captured significant attention as the most surged token among other top 200 cryptos.
Unlike other meme coins that are currently exhibiting limited movement, BONK stands out with its high trading frequencies, triggering a succession of bull runs.
The surge came after the Solana-backed meme coin surpassed FLOKI in market capitalization, securing its position as the third-largest dog-themed coin. This remarkable shift has enticed investors towards BONK, surpassing even meme coin market giants like DOGE and SHIB.
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BitTorrent (BTT): Surfing On Tron’s Success
The surge in BTT price exemplifies gains derived from another’s success. Justin Sun, the CEO of Tron, recently announced that the Tron network has achieved 200 million users.
Interestingly, this announcement did not directly impact Tron but rather affected BTT, the native token of BitTorrent, which was acquired by Tron in 2018. BitTorrent (BTT) price has experienced fluctuations within the range of $0.000000965810, witnessing a weekly rise of over 103.41%.
BitTorrent now has a market capitalization of more than $900 million. having a weekly trading volume of more than $130 million.
Ordinals (ORDI): Reached All-Time High
The ORDI token has dominated crypto news throughout the first week of December 2023 and continues its momentum into week 2.
With a substantial price surge and heavy trading volume, the ORDI token has become a focal point of discussion. Following the Bitcoin Ordinal drama, which exposed a potential bug in the latest Bitcoin update, ORDI garnered significant attention. Additionally, ORDI price recently attained its ATH above $68.
Developed on the Bitcoin blockchain with the Ordinals protocol, the ORDI token swiftly rose to prominence among BRC-20 tokens. Surpassing the $1 billion market capitalization in a recent price rally, ORDI stands out in the BRC-20 token landscape.
The trading volume of the ORDI token has also witnessed a substantial increase, contributing to its impressive surge of more than 90%.
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