Inscription's three-day downturn was quickly reversed, with ordi and sats leading the inscription ecology to hit a new high again! Ordi once again broke through the previous high, with a single-day increase of more than 80 US dollars. The BRC20 sector as a whole soared again. Other inscription sectors also showed varying degrees of increase. The market was bustling, and the inscription market ushered in a new era of "demon chaos". Many users happily participate in it and enjoy the wealth code brought by the new round of on-chain dividends.
At the same time, the crypto market has ushered in a new round of emotional release after a long period of silence and bear market suppression. Although the current market value of Inscription Circuit has reached US$15 billion, its future potential is still unlimited. Ordi and sats hit record highs, leading the inscription market to return to the bull market (rats was the first to rebound). Today, the highest peak of ORDI has exceeded 80 US dollars, reaching a maximum of 83.5 US dollars, and is currently correcting to 75.77 US dollars. I believe there are many people who haven't participated yet, but it doesn't matter, there are rats. I believe that many Rats fans have already entered the market, waiting for Rats to land on Binance’s spot will bring a wave of gains, continue to hold it, and look forward to getting rich!
Potential coins that need attention in 24 years
HNT
Helium's native token, HNT, has also made significant gains in 2023, rising 500% for the year, most of which came in December, as Helium expands into mobile services. In April of this year, Helium migrated from its own blockchain to Solana. Helium is a blockchain-based network of IoT devices that uses nodes as hotspots to connect wireless devices to the network.
According to Amberdata Research Director Christopher Martin, 2023 is a crucial year for Helium as it officially enters the mobile services space. Christopher Martin said: "The Helium network seems to have big plans in the mobile and IoT fields, allowing users to earn MOBILE tokens by supporting the network and use the tokens to pay bills every month, which brings benignity to the network. cycle effect." Christopher Martin also pointed out, “The recent BONK craze has caused the Solana Saga mobile phone to be sold out (because the Saga mobile phone comes with a BONK airdrop), and the Saga mobile phone also provides a 30-day free Helium Mobile subscription. In short, due to the growth of users, the network With the expansion of mobile networks, the market is full of expectations for MOBILE and HNT."
AVAX
For Avalanche, cooperation with multiple institutions has provided support for the token price. AVAX is up 300% year to date. In January this year, Avalanche announced a partnership with Amazon Web Services, further solidifying its position in the industry. Then, in November, Avalanche announced a partnership with JPMorgan Chase. Specifically, the partnership involves JPMorgan’s digital asset platform Onyx working with alternative asset management firm Apollo. The two will utilize the full-chain interoperability protocol LayerZero to connect Onyx to the AvalancheEvergreen subnet to facilitate the subscription and redemption of funds provided by the tokenized asset application Wisdom Tree Prime. This series of strategic cooperation has provided strong support for the development of Avalanche and promoted the price of AVAX tokens.
Chris Newhouse, founder of DeFi consulting firm Infiniti Labs, said Avalanche’s rise this year has been mainly affected by major cooperation news. "Avalanche has made tremendous progress working with institutions, with partnerships with Apollo and JP Morgan, and AWS earlier this year, and is committed to becoming the most One of the blockchains favored by institutions. In terms of price action, Bitcoin has also performed strongly this year, mainly due to the market enthusiasm for a potential Bitcoin spot ETF. So far this year, Bitcoin has gained 164%. Brian Rudick, senior strategist at GSR, said in an interview that the hype of ETFs is the main catalyst, and the favorable macroeconomic environment is also a positive factor.
STX
Stacks (STX), the native token of the Stacks Network, has experienced a 623% gain this year. In March 2023, with the rise of Bitcoin Ordinals and the continuous growth of TVL on the protocol, STX ushered in a rebound. STX is the first qualified token offering recognized by the U.S. Securities and Exchange Commission (SEC) in 2019. Stacks is a smart contract platform built on the Bitcoin Layer 2 protocol, aiming to transform Bitcoin's functionality from an alternative payment system to a more versatile, programmable platform.
Stacks Network’s TVL has risen significantly this year, climbing to $50 million from $6 million in January, according to DeFiLlama data.
Most recently, STX jumped 27% on December 20 after a series of positive comments from veteran investor Tim Draper.
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