- New cryptos are taking the lead in the current crypto rally, per Kaiko data.
- Weekly spot volume hitting $8 billion signals significant growth in the crypto landscape.
- Despite minor setbacks, tokens like Bittensor and Dymension show robust trading and investor confidence.
Amidst a vibrant crypto market, tokens introduced in 2023 or 2024 are taking center stage in the current market rally. According to Kaiko, an analytics platform, some of the best-performing tokens of this period are barely a year old.
Some of the best performing tokens of this mini-bull rally were launched in 2023 or earlier this year.New tokens registered around $8bn in spot volume each week since the start of the year. pic.twitter.com/GgXw3Y1jMG
— Kaiko (@KaikoData) February 22, 2024
Additionally, newly launched tokens have consistently raked in approximately $8 billion in spot volume every week since the year began. This activity surge highlights the cryptocurrency landscape’s substantial growth and dynamism.
Source: Kaiko
Bittensor stands out prominently among these tokens, currently valued at $626.24, showcasing an impressive 9.15% surge in the past 24 hours alone. With a trad…
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