The top three BRC-20 tokens in terms of weekly gain for holders are RATS, SATS, and ORDI.
Spot trading for 1000SATS and the 1000RATS Perpetual Contract were both released by Binance this week.
Holders on Binance saw increases of 229% and 10% for SATS and ORDI, respectively, over the week.
Tokens like as RATS, SATS, and ORDI are examples of BRC-20 tokens, which were developed with the Bitcoin blockchain in mind. The fact that the BRC-20 token standard enables the Bitcoin blockchain to perform new functions in DeFi apps is a major factor in the token standard's rising popularity.
Based on weekly performance, RATS, SATS, and ORDI are among the best BRC-20 tokens for holders in terms of gain. The listing announcement by Binance is probably a factor in the BRC-20 coins' recent increase.
RATS, SATS, and ORDI are BRC-20 tokens that have substantial weekly increases.
Holders of BRC-20 tokens RATS, SATS, and ORDI made money, even if meme currencies like Shiba Inu and BONK are getting all the attention because to their huge gains from the last week. Some Bitcoin developers see this token standard as a problem since it consistently leads to severe network congestion, which these tokens are a part of.
Data aggregator BRC20 Station on X (formerly Twitter) reports that RATS and SATS provided weekly growth of 610.6% and 329.9%, respectively. Although ORDI isn't the most lucrative option, the BRC-20 coin outperforms the other two in terms of market size and trading volume. Binance traders saw a 10% weekly gain from ORDI.
Important to the list is ORDI since, as of December 6, Ordinals had the first BRC-20 token market cap to exceed $1 billion and was offering 850% monthly gains to investors. This happened in the first week of December. Since Binance's listing announcement for RATS and SATS, the top two BRC-20 tokens, have been discussed in several conversations on crypto X.
In addition to announcing that it would begin offering 1000SATS for spot trading, Binance also revealed that its futures market will feature 1000RATS Perpetual Contracts. The placement of a token on a high-volume exchange, such as Binance or Coinbase, usually causes its price to rise. People have started to call this the "Binance effect" or the "Coinbase effect."
For the two BRC-20 tokens in particular, the Binance effect drove up their values, and they have since become assets that crypto portfolios may use to make huge returns. Data from TradingView shows that 1000SATS is trading at $0.0008086 on Binance right now, while ORDI is trading at $56.92.
Meme currencies and BRC-20 tokens excelled last week as crypto market players derisked in anticipation of important macroeconomic developments, leading to increased transaction volume and cash inflow.
How long the present crypto market cycle lasts and if these assets' gains are sustainable is an open question.
