Cronos

Bonk

Shiba Inu

TrueUSD

In a historic year marked by significant crypto market volatility, Bonk (<a href="https://crypto.news/price/bonk/">BONK</a>) 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<a href="https://www.coingecko.com/research/publications/top-crypto-gainers?utm_campaign=Data%2BVisualization&amp;utm_medium=social" target="_blank" rel="noreferrer noopener"> survey</a> it shared on Dec. 29. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
 https://twitter.com/coingecko/status/1740679833951342911?t=t9GcXJkQfD6MdDPtQML7NA&amp;s=19 
 </div>
</figure> 
The airdrop drew widespread trader and investor attention, which also<a href="https://crypto.news/solanas-road-to-next-all-time-high-analyst-explains/" target="_blank" rel="noreferrer noopener"> propelled</a> Solana’s ecosystem back into the limelight. 
Per CoinGecko’s data, Injective (<a href="https://crypto.news/price/injective/" target="_blank" rel="noreferrer noopener">INJ</a>) 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. 
 You might also like: <a href="https://crypto.news/bonk-gains-trading-volume-surges-shiba-inu/"> Bonk gains 48% in a day, trading volume surges over Shiba Inu </a> 
Meanwhile, CorgiAI (<a href="https://www.coingecko.com/en/coins/corgiai" data-type="link" data-id="https://www.coingecko.com/en/coins/corgiai" target="_blank" rel="noreferrer noopener">CORGIAI</a>) 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 (<a href="https://crypto.news/price/bitcoin/" target="_blank" rel="noreferrer noopener">BTC</a>) and Ethereum (<a href="https://crypto.news/price/ethereum/" target="_blank" rel="noreferrer noopener">ETH</a>), often considered the industry’s gold standard. 
<figure class="wp-block-image">
 <img loading="lazy" decoding="async" width="1200" height="1500" src="https://crypto.news/app/uploads/2023/12/image-37.png" alt="Bonk emerges as top crypto gainer in 2023 with staggering 7,302.9% gain - 25" class="wp-image-14232937">
 <figcaption class="wp-element-caption">
 Top crypto performers of 2023. Source: CoinGecko
 </figcaption>
</figure> 
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 (<a href="https://crypto.news/price/tether/" target="_blank" rel="noreferrer noopener">USDT</a>), USD Coin (<a href="https://crypto.news/price/usd-coin/" target="_blank" rel="noreferrer noopener">USDC</a>), Dai (<a href="https://crypto.news/price/maker/" target="_blank" rel="noreferrer noopener">DAI</a>), Binance USD (<a href="https://crypto.news/price/binance-usd/" target="_blank" rel="noreferrer noopener">BUSD</a>), TrueUSD (<a href="https://crypto.news/price/trueusd/" target="_blank" rel="noreferrer noopener">TUSD</a>), Toncoin (<a href="https://crypto.news/price/toncoin/" target="_blank" rel="noreferrer noopener">TON</a>), Chiliz (<a href="https://crypto.news/price/chiliz/" target="_blank" rel="noreferrer noopener">CHZ</a>), and Sui (<a href="https://crypto.news/price/sui/" target="_blank" rel="noreferrer noopener">SUI</a>), ended 2023 in the red. 
Despite these laggards, Bitcoin still managed to outperform 65 tokens in the top 100, increasing by 162.5% from $16,540 to $43,418. Bitcoin’s growth was fueled by spot ETF applications from market giants like BlackRock and Fidelity, whose<a href="https://crypto.news/cathie-wood-hints-at-spot-bitcoin-etf-approval-date/" target="_blank" rel="noreferrer noopener"> approval</a> market observers believe could significantly boost its value in 2024. 
 Read more: <a href="https://crypto.news/altcoin-season-incoming-analyst/"> Altcoin season incoming: analyst </a>

Bonk emerges as top crypto gainer in 2023 with staggering 7,302.9% gain

crypto.news

Altri articoli pubblicati su 1 gen 2024

Hardware Wallet: A Crypto Storage Tool Offering Robust Security

Altcoin Showdown: Pullix (PLX) Challenges Harmony (ONE) and Theta (THETA) in Crypto Markets

Helium’s $20 Plan: A SIM-Free Service to Earn $50/Week in $MOBILE Coins

1INCH rings in new year as top crypto gainer

Watch Out: 20 Altcoins Have Major Token Unlocks in the New Week! Here is the Day by Day, Hour by ...

Is Capital Gains Tax Same As Crypto Tax?

Iscriviti alla nostra newsletter gratuita per aggiornamenti giornalieri sulle criptovalute!