As of the morning of December 7, 2023, the price of BitTorrent (BTT) has surged by 75.5% in just 24 hours, reaching a level of $0.00000088. The market capitalization of this cryptocurrency has reached $836.68 million, allowing it to climb to the 67th position in the list of the world's top cryptocurrencies. The daily trading volume for BTT has reached $369.27 million.
Some experts attribute this growth to increasing optimism regarding the Tron (TRX) blockchain, despite the absence of clear news events that could serve as a catalyst. Prices began rising after entrepreneur Justin Sun announced that the number of Tron blockchain users had reached 200 million. It is also worth noting that many TRX holders also have BTT in their portfolios.
Additionally, it should be noted that the total value locked (TVL) in decentralized financial protocols on the Tron network amounts to $8.2 billion, making it the second-largest in this metric after Ethereum.
Furthermore, researchers highlight the rapid growth of the cryptocurrency Axelar (AXL), whose prices have risen by 53.9% in the last 24 hours. As of the morning of December 7, the average price of this cryptocurrency stood at $0.96, its market capitalization reached $492.46 million, and the daily trading volume amounted to $38.18 million.
GameFi (GAFI) has demonstrated a growth rate of 52.1% over the analyzed time period, reaching a value of $9.77. The daily trading volumes for this cryptocurrency were only $1.75 million, but this figure has increased by 485.5%. The market capitalization of this asset reached $107.27 million.
