‘Made in China’ Tokens Outperform Broader Crypto Market

Date:

BNB, Mantle, and Aster lead gains amid a renewed memecoin frenzy on BNB Smart Chain.

The “Made in China” category on CoinGecko rallied sharply this past week, led by digital assets such as BNB, Mantle (MNT), and Aster.

This category, which comprises cryptocurrencies with strong ties to China, now has a total market cap of $244 billion, up 5.2% over the past 24 hours and outperforming the broader crypto market, which has declined 0.4% during the same period.

Top ‘Made in China’ Coins

MNT, the native token of the Ethereum Layer 2 (L2) network, was the standout performer, surging 42.5% over the past week to a market capitalization of $8.7 billion. This comes shortly after the L2 completed its upgrade to OP Succinct in mid-September, making the ByBit-affiliated blockchain the largest zero-knowledge (ZK) rollup by total value locked (TVL).

BNB followed, rallying 29% to $1,319, just shy of its all-time high of $1,330 set on Tuesday. The…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...