KuCoin Futures Weekly Report (December 4 - December 10, 2023)

#KuCoinMacro While the market is cooling down from the lasting optimism around BTC spot ETF approval, traders are busy with on-chain inscriptions.

This year, BRC-20 tokens and Bitcoin-based NFTs have presented traders with a new wave of trading opportunities. Following the listing of the Bitcoin Ordinals-based token $ORDI on major exchanges, the market capitalization of $ORDI has quickly surpassed the $1 billion level, making it the top BRC-20 token in the market. However, $ORDI is not the only BRC-20 token stealing the spotlight. While the hype around inscriptions continues to be ignited, $SATS has also surpassed $1 billion in market capitalization.

Apart from inscriptions, meme tokens ($BOB, $TURBO, $LADYS, $BONKS) are still traders' favorite, which saw triple-digit gains last week. This week, we have listed $10000SATS among other trending trading pairs.

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🚀 Explore the latest #crypto happenings on #KuCoinMarketWatch ⤵️

🟢 #Bitcoin network tops #NFT sales

🟢 Euro stablecoin "#AllUnity" launch

🟢 $RATS surges 4x, #Inscription-related tokens #AUCTION and $MUBI hit new highs.

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