ORDI, the largest BRC20 token by market cap, started the BRC20 bull with its sensational rise.
Bitcoin (BTC) intensified the bull run by rising to $42,000. The appetite that the bull market aroused in crypto investors has made different trends popular. Many investors make a great effort to take part in new trends.
One of the new trends started to appear as BRC20 tokens. In particular, ORDI has achieved a 125 percent increase since December 1. ORDI, the largest BRC20 token by market value, revealed a new trend with its rise. BRC20 tokens have attracted great interest.
ORDI lit the fuse: BRC20 tokens are coming!
ORDI, the popular BRC20 token, is among the most rising cryptocurrencies of recent times. ORDI grew by 125 percent in December. Additionally, ORDI increased by 322 percent in November. In general terms, ORDI has appreciated tenfold since the beginning of November. ORDI, which was traded around $5 in November, is now anchored at $50.
ORDI’s sensational growth also mobilized BRC20 tokens. In the area where crypto investors turned in the hope of finding the new ORDI, many BRC20 tokens increased by nearly 300 percent.
Looking at CoinMarketCap’s list of BRC20 tokens, it can be seen that BRC20 projects rose 150 percent in a week. NALS, one of the BRC20 tokens, rose 350 percent in a week. On the other hand, BRC20 bridge project Multibit (MUBI) rose 283 percent in a week. Rising BRC20 tokens include cryptocurrencies such as BSV, BISO, NOOT, PEPEBRC and BANK.
The most popular cryptocurrency on the list was Multibit. The Multibit project serves as a bridge to the BRC20 standard. Thus, it plays an important role in shifting the money flow from different standards to BRC20. MUBI, Multibit’s native token, is among the most talked about cryptocurrencies. Especially Turkish investors show great interest in MUBI.
Interest in BRC20 tokens is increasing day by day. According to CoinMarketCap data, the overall market value of BRC20 tokens increased by 15 percent to exceed $1 billion. In addition, the transaction volume of BRC20 tokens in the last 24 hours reached 1.48 billion dollars, an increase of 83 percent.
