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Leading crypto data and price platform CoinGecko shared the top 10 surging altcoins of 2023. The largest cryptocurrency Bitcoin (BTC) and the altcoin king Ethereum (ETH) did not make the list. It is noticeable that many altcoins on the list surged over 1000 percent.
Top 5 in the List Surged Over 1000 Percent
CoinGecko shared a list of the most surging altcoins in 2023. Accordingly, the biggest rise throughout the year was with Bonk (BONK), the first memecoin based on Solana, which surged by 7303 percent. Injective (INJ) took the second place with a 2976 percent increase.
In the third, fourth, and fifth places on the list were CorgiAI (CORGIAI), Kaspa (KAS), and Render (RNDR), with increases of 1960 percent, 1866 percent, and 1139 percent, respectively.
In the sixth place on CoinGecko’s compiled list was Solana (SOL) with a 974 percent increase, followed by Conflux (CFX) in seventh with 774 percent, WEMIX (WEMIX) in eighth with 759 percent, Fetchai (FET) in ninth with 698 percent, and Stacks (STX) in tenth with 633 percent.
It should be noted that this list prepared by CoinGecko is based on the price performance of the top 100 cryptocurrencies by market value between January 1 and December 28, 2023.
The Story Behind the Strong Performance of 3 Altcoins on the List
Starting the year at $0.0000002, BONK reached $0.0000146 on December 28, 2023, becoming the most surging altcoin of the year. Bonk’s AirDrop helped to revive Solana’s SOL. Starting the year at $1.27, INJ rose to $39.07, becoming the second most surging altcoin of the year. This rise in Injective’s INJ was due to the launch of its decentralized exchange (DEX) Helix and the commencement of token futures trading before the launch.
Starting 2023 at $0.00014, CorgiAI rose to $0.00282, becoming the third most surging altcoin of the year. CorgiAI followed the trend that every blockchain is expected to have its own memecoin, garnering significant interest as the main memecoin of the Cronos Blockchain.
