Greed

Solana

Injective

Bonk

CorgiAI

<div class="finbold">
 <p class="paragraph">Most <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currencies have had a bright 2023, accumulating massive <a rel="noopener noreferrer nofollow" title="gains" href="https://thebittimes.com/tag/gains.html">gains</a> during a sentiment pivot from 2022’s bear market. Greed indexes returned to 2021’s bullish levels, allowing investors to realize yearly profits.</p>
 <div></div>
 <p class="paragraph">Notably, Bitcoin (BTC) outperformed 65 of the top 100 cryptocurrency projects, increasing its now lowered dominance. The leader gained attention with spot ETF applications from industry giants like BlackRock and Fidelity.</p>
 <p class="paragraph">However, the <a rel="noopener noreferrer nofollow" title="biggest" href="https://thebittimes.com/tag/biggest.html">biggest</a> <a rel="noopener noreferrer nofollow" title="gains" href="https://thebittimes.com/tag/gains.html">gains</a> in 2023 were from <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currencies, appealing to a more popular narrative. In particular, meme coins, layer-1 protocols, artificial intelligence, and layer-2 solutions dominated this year’s narrative.</p>
 <p class="paragraph">In the top 10, a <em>CoinGecko</em>’s report from December 28 lists BONK, Injective (INJ), CorgiAI, Kaspa (KAS), Render (RNDR), Solana (SOL), Conflux (CFX), WEMIX, Fetch.ai (FET), and Stacks (STX).</p>
 <figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="956" src="https://cdn.thebittimes.com/images/2023/12/31/81c68bd4cc4f7249890abaab9af9e814.webp" alt class="wp-image-146436" srcset="https://cdn.thebittimes.com/images/2023/12/31/81c68bd4cc4f7249890abaab9af9e814.webp 1024w, https://cdn.thebittimes.com/images/2023/12/31/81c68bd4cc4f7249890abaab9af9e814.webp 300w, https://cdn.thebittimes.com/images/2023/12/31/81c68bd4cc4f7249890abaab9af9e814.webp 768w, https://cdn.thebittimes.com/images/2023/12/31/81c68bd4cc4f7249890abaab9af9e814.webp 1406w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Best-performing cryptocurrencies in 2023. Source: <em>CoinGecko</em>
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="h-bonk-bonk">Bonk (BONK)</h2>
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 <p class="paragraph">Bonk (BONK) is the biggest gainer of the year, increasing by 7,302.9%, according to <em>CoinGecko</em>. The meme coin built on Solana (SOL) made 2.5 times more returns than Injective in the second place.</p>
 <blockquote class="wp-block-quote">
  <p class="paragraph">“Bonk, the top crypto gainer, had multiple narratives throughout 2023. The popularity of meme coins and the revival of the Solana ecosystem played a significant role to its success.”</p> <cite>— CoinGecko</cite>
 </blockquote>
 <p class="paragraph">At the time of publication, BONK was trading at $0.00001448 in the 76th position by market value from <em>CoinMarkeCap</em>’s index.</p>
 <h2 class="wp-block-heading" id="h-injective-inj">Injective (INJ)</h2>
 <p class="paragraph">Ranked as the number two <a rel="noopener noreferrer nofollow" title="biggest" href="https://thebittimes.com/tag/biggest.html">biggest</a> gainer of 2023, Injective witnessed a staggering hike of 2,748%, soaring from $1.27 to $36.18.</p>
 <p class="paragraph">Interestingly, introducing pre-launch token futures by its decentralized exchange, Helix, sparked INJ’s surge. Moreover, Injective set up an ecosystem fund valued at $150 million at the start of the year to boost the uptake of interoperable infrastructure and DeFi.</p>
 <figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="683" src="https://cdn.thebittimes.com/images/2023/12/31/a2af48f34da70a1da0a81bf95b0176bc.webp" alt class="wp-image-146437" srcset="https://cdn.thebittimes.com/images/2023/12/31/a2af48f34da70a1da0a81bf95b0176bc.webp 1024w, https://cdn.thebittimes.com/images/2023/12/31/a2af48f34da70a1da0a81bf95b0176bc.webp 300w, https://cdn.thebittimes.com/images/2023/12/31/a2af48f34da70a1da0a81bf95b0176bc.webp 768w, https://cdn.thebittimes.com/images/2023/12/31/a2af48f34da70a1da0a81bf95b0176bc.webp 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   INJ year-to-date chart. Source: Finbold
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="corgiai-corgiai">CorgiAI (CORGIAI)</h2>
 <p class="paragraph">As reported by <em>CoinGecko</em>:</p>
 <blockquote class="wp-block-quote">
  <p class="paragraph">“CorgiAI (CORGIAI) is the third largest crypto gainer of 2023, increasing by 1,959.7% from $0.00014 to $0.00282. CorgiAI gained traction as the main meme coin on the Cronos blockchain, following the trend where each chain is expected to have its own ‘meme coin’.”</p>
 </blockquote>
 <h2 class="wp-block-heading" id="conclusion">Conclusion</h2>
 <p class="paragraph">Essentially, holding any of <em>CoinGecko’</em>s top 10 <a rel="noopener noreferrer nofollow" title="biggest" href="https://thebittimes.com/tag/biggest.html">biggest</a> gainers at the beginning of 2023 would have outperformed Bitcoin and Ethereum (ETH) by at least 3.9 times.</p>
 <p class="paragraph">However, most of the top performers are highly speculative tokens, recently created. These cryptocurrencies surged due to initially low liquidity, moving from just a few thousand dollars in market capitalization.</p>
 <p class="paragraph">Therefore, investing in these projects was an extremely high-risk operation. Thousands of other low-liquidity tokens have just faded to oblivion, bringing huge losses for speculators. In this context, it is essential that investors are aware of the risks and do their due diligence on each desired cryptocurrency.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
 <p class="paragraph"></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/top-3-cryptocurrencies-of-2023-with-the-biggest-gains-of-the-year-tbt75202.html">https://thebittimes.com/top-3-cryptocurrencies-of-2023-with-the-biggest-gains-of-the-year-tbt75202.html</a></p>

Top 3 cryptocurrencies of 2023 with the biggest gains of the year

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