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Latest cryptocurrency news > Cryptocurrency > Impressive Weekly Returns: Spotlight on BRC-20 Tokens
Cryptocurrency

Impressive Weekly Returns: Spotlight on BRC-20 Tokens

BH NEWS
Last updated: 16 December 2023 02:27
BH NEWS 2 years ago
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Tokens such as RATS, SATS, and ORDI, which are BRC-20 tokens, have become the best-performing cryptocurrencies of the week by providing high returns to their investors. Binance played a significant role in the appreciation of these tokens by offering 1000RATS Futures and spot trading for 1000SATS.

BRC-20 is a token standard specifically developed for the Bitcoin blockchain and has gained popularity in DeFi applications. RATS, SATS, and ORDI have provided their owners with impressive weekly earnings.

Binance’s decision to list these tokens led to RATS, SATS, and ORDI standing out with profitable weekly returns. While popular meme tokens like Shiba Inu and BONK have been adorning the headlines, BRC-20 tokens quietly made profits.

RATS and SATS provided their owners with extraordinary weekly returns of 610.6% and 329.9% respectively. ORDI offered a more modest return of 10% but attracted attention with its high market value and trade volume.

This phenomenon, known as the Binance effect, has increased the value of BRC-20 tokens. On Binance, 1000SATS is trading at $0.0008086, while ORDI is trading at $56.92. Considering the macroeconomic uncertainties across the crypto market, the sustainability of the returns of RATS, SATS, and ORDI continues to be a matter of curiosity.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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