Core has significantly outperformed Bitcoin and many other major cryptocurrencies with a 350% price surge this year.
Other digital assets related to BTC’s ecosystem, such as Sovryn and Ordiswap , also reported notable gains, with increases of 210% and 100%, respectively.Bitcoin has been making serious waves since the beginning of the year, with its price rising from approximately $42,000 on January 1 to almost $67,000 on April 24 . However, some cryptocurrencies related to its ecosystem have witnessed even more substantial gains over the same period, and Core is the perfect example.
It is a new blockchain that leverages the advantages of Bitcoin’s Proof-of-Work network and the delegated Proof-of-Stake consensus mechanism to offer more security, scalability, and decentralization. Its native token, CORE, is currently worth around $2.51 , a 350% surge compared to the $0.55 observed at the start of 2024.The asset’s price was even higher at the beginning of April, briefly surpassing the $4 mark, while its market capitalization crossed the $3.5 billion milestone before settling at its current level of around $2.2 billion.The protocol, running on a Bitcoin sidechain called Rootstock Smart Contract , has also witnessed a significant resurgence in the past several months.
Its native token – SOV – has been up 210% since New Year’s Eve, currently trading at approximately $2.10. However, its price performance is far from its glory days in 2021, when a single coin was worth over $35.The governance cryptocurrency of the AMM—ORDS—was launched at the end of December last year and has jumped by 100% since then. Last month, it soared to an all-time high of $0.26 before retracing to its current mark of $0.10.native token called LEVER.
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