ORDI, the largest BRC20 token by market capitalization, has ignited a sensational surge, heralding the onset of the BRC20 bull.
Bitcoin (BTC) has intensified the bull run by surging to $42,000, fueling a heightened appetite among crypto investors. The bullish market sentiment has not only captivated investors but has also brought different trends into the spotlight. Many investors are putting significant effort into embracing these new trends.
One of the emerging trends gaining prominence is the realm of BRC20 tokens. Particularly, ORDI has made a remarkable ascent, posting a staggering 125% increase since December 1st. As the largest BRC20 token by market capitalization, ORDI has not only spearheaded its own surge but has also given rise to a new trend. BRC20 tokens, enjoying substantial attention, are emerging as a focal point of interest for the crypto community.
ARMY lit the fuse: BRC 20 tokens are coming!
The popular BRC20 token, ORDI, stands out among the most rapidly appreciating cryptocurrencies in recent times. ORDI exhibited an impressive growth of 125% in December alone, following its remarkable surge of 322% in November. Overall, ORDI has experienced a staggering tenfold increase in value since early November. Starting around $5 in November, ORDI is currently anchoring itself at $50.
The sensational growth of ORDI has not only elevated its own standing but has also injected vitality into the broader BRC20 token landscape. In the quest to discover the next ORDI, crypto investors have navigated towards various BRC20 tokens, many of which have witnessed a substantial surge of nearly 300%.
When examining CoinMarketCap’s list of BRC20 tokens, it becomes evident that BRC20 projects have experienced a remarkable surge of 150% within a week. Notably, the BRC20 token NALS witnessed an impressive 350% increase over the same period. Additionally, the BRC20 bridge project Multibit (MUBI) demonstrated a significant surge of 283% within the week. Among the ascending BRC20 tokens, notable cryptocurrencies include BSV, BISO, NOOT, PEPEBRC, and BANK.
The most prominent cryptocurrency on the list is Multibit. Serving as a bridge for the BRC20 standard, the Multibit project plays a crucial role in facilitating the flow of funds from different standards to BRC20. The native token of Multibit, MUBI, has gained widespread attention and is particularly favored by Turkish investors.
Interest in BRC20 tokens is steadily increasing. According to CoinMarketCap data, the overall market capitalization of BRC20 tokens surpassed $1 billion with a 15% increase. Moreover, the 24-hour trading volume for BRC20 tokens experienced an 83% surge, reaching $1.48 billion.