BRC-20 tokens have emerged as high-performing assets, with ORDI, SATS, and MUBI driving significant gains for token holders.
The increase in value for these tokens can be attributed to crypto exchanges’ recent listing announcement, which has contributed to their impressive upward trend.
Ordinals (ORDI)
ORDI, the BRC-20 token that is intricately linked to Bitcoin via the Ordinals Protocol, has experienced an extraordinary growth spurt, skyrocketing by more than 500% in just one month. ORDI has rapidly gained traction since its exchange debut in May 2023, with a market cap exceeding $1 billion.
ORDI became the first BRC-20 token created using the Ordinals Protocol, marking a historic moment. The token’s early listing success can be attributed to its large investor base.
Following these listings, the value of ORDI increased by 1,000%, demonstrating a high demand for tokenization and Ordinals Protocol applications.
ORDI, which is currently trading at $52, has a daily trading volume of more than $421 million, thanks to increased trading activity on crypto exchanges.
MultiBit (MUBI)
MultiBit (MUBI) introduces a dual-sided bridge that allows for seamless cross-network transfers of BRC-20 and ERC-20 tokens.
This innovation improves liquidity while also promoting cross-chain interoperability. MUBI, which was priced at $0.23 on December 13, experienced a significant 50.40% increase.
MUBI’s price responds to new user demand, with a 24-hour trading volume of $72 million. MUBI has a market capitalization of $227 million and is currently ranked 242 on CoinMarketCap.
Traders can earn even more rewards by taking part in a MUBI promotion that runs until December 20 and offers lucrative rebates and incentives.
Ordinals (SATS)
SATS, a popular BRC-20 token based on Satoshi, has seen significant value appreciation, including a 138.03% daily increase since its Binance listing.
SATS is currently trading at $0.0007639, with a 24-hour volume of $273 million and a 28.53% increase in price over the previous day.
SATS reached an all-time high of $0.00000064 on December 14, marking a historic milestone. Positive price projections reflect the bullish sentiment surrounding SATS, with the Fear & Greed Index indicating a Greed condition with a value of 72.