Bonk, Injective and CorgiAI were 2023’s top crypto gainers
The post Bonk, Injective and CorgiAI were 2023’s top crypto gainers appeared on BitcoinEthereumNews.com.
In a historic year marked by significant crypto market volatility, Bonk (BONK) emerged as 2023’s top gainer. The meme coin skyrocketed by an astonishing 7,302.9% from $0.0000002 to $0.0000146. Bonk’s remarkable surge was largely catalyzed by a strategic airdrop, according to CoinGecko, which captured the data in an end-year survey it shared on Dec. 29. Top Crypto Gainers in 2023 🟢 1. Bonk – 7303%2. Injective – 2976%3. CorgiAI – 1960%4. Kaspa – 1866%5. Render – 1139%6. Solana – 974%7. Conflux – 774%8. WEMIX – 759%9. https://t.co/3TekemrOpX – 698%10. Stacks – 633% — CoinGecko (@coingecko) December 29, 2023 The airdrop drew widespread trader and investor attention, which also propelled Solana’s ecosystem back into the limelight. Per CoinGecko’s data, Injective (INJ) followed closely, logging an impressive 2,976.4% increase, buoyed by the introduction of pre-launch token futures by its decentralized exchange, Helix. Injective’s early-year establishment of a $150 million ecosystem fund aimed at accelerating the adoption of interoperable infrastructure and DeFi also played a crucial role in its success. Meanwhile, CorgiAI (CORGIAI) emerged as the year’s third-largest crypto gainer, surging by 1,959.7%, driven primarily by its ascent as the main meme coin on the Cronos blockchain. The top 10 crypto gainers of 2023 all outperformed both Bitcoin (BTC) and Ethereum (ETH), often considered the industry’s gold standard. Top crypto performers of 2023. Source: CoinGecko Interestingly, these top performers were also strongly associated with the year’s most popular narratives, including meme coins, layer 1 protocols, artificial intelligence, and layer 2 solutions. According to analysts at CoinGecko, this indicates a correlation between market trends and their respective success. Not all coins enjoyed such a bullish year, however. Eight out of the top 100 cryptocurrencies, including Tether (USDT), USD Coin (USDC), Dai (DAI), Binance USD (BUSD), TrueUSD (TUSD), Toncoin (TON), Chiliz (CHZ), and Sui (SUI),…
Filed under: News - @ December 31, 2023 1:22 am