Investing.com’s editor, Pollock Mondal, published a news article on the 5th of December, 2023. This article looked at the upswing of cryptocurrency, with Bitcoin ORDI reaching a record high of $44.03. This represented a 28% daily growth and a 114% increase in the last week.
In addition to this, Bitcoin, the leading cryptocurrency in terms of market capitalization, rose to $42,000 after a rise over $40,000. This bullish momentum is a wider reflection of the digital currency market.
ORDI’s value was increased by its creator Domo (NASDAQ:DOMO), and CoinGecko’s ranking of cryptocurrency placed ORDI in 65th place. This is not a one-off event either – other BRC-20 tokens saw significant gains in the last week, such as DOMO soaring by 1,098% and PEPE increasing 107%.
This surge in popularity can be seen in the approximately $859 million ORDI trading volume, and a 549% increase in value in the last month.
This article was created with AI support and edited by an editor.