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Crypto trade’s main information and analysis agency Kaiko revealed among the greatest performing tokens on this min-bull rally since 2023-end and 2024. The bulls are driving the crypto market in direction of a brand new all-time excessive as these new tasks and tokens enter the house.

Crypto Tokens Recorded $8 Billion in Spot Trading Volume

Kaiko on February 22 reported eight crypto tokens that noticed $8 billion in web buying and selling quantity for the reason that bull run began in November 2023. These tokens have been launched in 2023 and early 2024, with some persevering with to see large buying and selling volumes day by day.

The weekly spot quantity on centralized exchanges for brand new tokens together with Bittensor (TAO), Dymension (DYM), Pyth Network (PYTH), Sui (SUI), Aptos (APT), Jupiter (JUP), Sei (SEI), and Celestia (TIA) is $8 billion.

Bittensor (TAO) Performance

Bittensor is an open-source protocol that powers a decentralized, blockchain-based machine studying community, enabling the event and utility of AI fashions. TAO value has rallied greater than 550% since November final 12 months, with a steady leap in buying and selling volumes. The value hit a brand new all-time excessive (ATH) of $698.62 on February 16 amid AI buzz.

The value is at present buying and selling at $624, up almost 10% over the past 24 hours and 145% in a month. Experts predict upside momentum amid AI hype can take value above $1,000.

Dymension (DYM) Powering RollApps

Dymension is a house for simply deployable and lightning quick app-chains known as RollApps, enabling interoperability and communication between completely different blockchain ecosystems. DYM price has soared 52% since its launch in January finish. The value at present trades at $7.07, up 2% within the final 24 hours. It hit an ATH of $8.66 on February 14.

Pyth Network (PYTH)

Pyth Network is the biggest and fastest-growing first-party oracle community, delivering real-time market information to monetary dApps throughout blockchains. PYTH value hit ATH of $0.683 on Feb 14 after debut in January. It has rallied over 60%, with sustainable buying and selling volumes. In the final 24 hours, the value jumped 2% to $0.549. The market cap is $834 million on the time of writing.

Sui Network (SUI) Remarkable Run

Sui is a Layer 1 blockchain designed to make digital asset possession quick, non-public, safe, and accessible. It is backed by Sui Foundation, which is devoted in direction of Sui by supporting its builder and creator group.

SUI value jumped over 3% within the final 24 hours, with the value at present buying and selling at $1.69. It has rallied over 360% since November. SUI hit a excessive of $1.96 on February 14.

Aptos (APT) Gains Significant Attention

Aptos is termed as unbiased Layer 1 blockchain targeted on security and scalability driving development inside a decentralized community and developer ecosystem. Aptos value gained important consideration since launch final 12 months. APT value has rallied 120% since November and hit a latest excessive of $10.75 on Dec 27. In the final 24 hours, the value jumped 2% to $9.38. The market cap is $3.44 billion on the time of writing.

Jupiter (JUP)

Jupiter is a Solana DEX thought-about as the perfect on-chain buying and selling platform for spot aggregation, DCA, and perpetuals, delivering important liquidity infrastructure for the Solana ecosystem. Jupiter just lately launched its token JUP on January 31.

JUP price has dropped but it surely holds important promise. JUP value at present trades at $0.48, up 1% up to now 24 hours. The market cap is over $650 million on the time of writing.

Sei (SEI)

Sei is the trading-focused Layer 1 blockchain backed by outstanding buyers and designed for pace, low charges, and different options that help buying and selling functions.

SEI value has rallied 750% since November and hit ATH of $1.03 on February 18. In the final 24 hours, the value is underneath correction, with an 11% drop to $0.85. The market cap is $2.17 billion on the time of writing.

Celestia (TIA)

Celestia (TIA) is the primary modular blockchain community that permits anybody to simply deploy their blockchain with minimal efforts. Similar to Sei and Sui, Celestia is among the main blockchains contributing to $8 billion buying and selling quantity.

TIA value has rallied over 750% since its debut on October 31. The value hit ATH of $20.91 on February 10. In the final 24 hours, the value jumped 2% to $17.43. The market cap is $2.89 billion on the time of writing.

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Varinder has 10 years of expertise within the Fintech sector, with over 5 years devoted to blockchain, crypto, and Web3 developments. Being a expertise fanatic and analytical thinker, he has shared his information of disruptive applied sciences in over 5000+ information, articles, and papers. With CoinGape Media, Varinder believes within the enormous potential of those revolutionary future applied sciences. He is at present masking all the most recent updates and developments within the crypto trade.

The offered content material might embody the private opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any duty in your private monetary loss.