(Date: Saturday 13 July 2024, 03:28 AM GMT):
In the cryptocurrency market, BRC-20 tokens have shown impressive gains recently. Over the past 24 hours, the market capitalization of BRC-20 tokens surged by 11.43%, reaching $1.40 billion. Alongside this, trading volume jumped by 25%, indicating heightened interest and activity in these tokens.
For those unfamiliar, BRC-20 is a token standard on the Bitcoin blockchain, enabling the creation of tokens that represent ownership of various assets.
After a period of bearish trends, BRC-20 tokens are making a notable comeback this week. Here's a closer look at how some key tokens performed:
Ordinals $ORDI
ORDI saw a significant price increase of 12.19% over the past 24 hours, now trading at $33.95. Its market capitalization has risen to $713 million. Over the last seven days, ORDI has climbed by 19.52%. However, it's important to note that ORDI is still down by 64.5% from its all-time high of $95.92.
SATS $1000SATS
The price of 1000SATS soared by 10.10% in the past 24 hours, reaching $0.0002145, with a market capitalization of $450 million. Over the past week, 1000SATS has experienced a remarkable increase of 75.87%. Despite these gains, it remains 76.08% below its all-time high of $0.000000924.
Multibit $MUBI
MUBI's price also surged by 6.34% in the last 24 hours, now trading at $0.03265, with a market capitalization of $30 million. Over the past week, MUBI has risen by 5.50%. However, it is still down by 91.2% from its all-time high of $0.372.
These recent movements indicate a strong resurgence for BRC-20 tokens, reflecting renewed investor interest and potential for further growth.
Checkout- Top 10 BRC-20 Tokens to Watch Out For Bull Run, On following link:
https://coinsprobe.com/web-stories/top-10-brc-20-cryptocurrencies-to-watch-out-for-bull-run/