Leaders of the Week: WLD, GRT, and BGB Rapidly Grow

02/19/2024

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Over the past seven days, WLD has surged 189%. While the token has updated its all-time high, the cryptocurrency market has reached $2 trillion in market capitalization.

The WLD token was the growth leader last week, rising 189% in the last 7 days and 43% in the last 24 hours. This happened amid significant events in the ecosystem. The number of daily active users of the World App exceeded one million. In addition, OpenAI launched a new artificial intelligence program, Sora, which is capable of generating realistic videos from a text query. At the time of writing, WLD was trading at $7.50 with a market capitalization of $980 million.

Following the rise of WLD and the news of Sora's launch, as well as a surge in investment in AI projects, other tokens related to the AI sector have risen significantly in value. For example, The Graph (GRT) has risen in value by 59% over the past seven days. At the time of writing, the asset was trading at $0.2639. The growth of this coin is also due to the inflow of new developers into the ecosystem and cooperation with Coinbase and AAVE.

Bitget Token (BGB) was another token that managed to renew its all-time high last week. During the last week, the token grew by 62%, breaking the $1 mark. BGB has been maintaining a stable upward trend for a long time due to the growing popularity of the Bitget exchange.

Siacoin token is also among the growth leaders. Siacoin has risen 50% in the last seven days, reaching $0.01344 at the time of writing. This ecosystem has attracted attention due to the cheap and reliable way of cloud storage compared to giants like Google and Amazon.

The Stacks token (STX) has surged 48% over the past seven days on the back of an upcoming network upgrade that promises faster block times, guaranteed completion of Bitcoin transactions, elimination of fork risks and a reduction in the maximum extractable value (MEV) associated with Bitcoin.

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