Pump.fun Becomes Fastest-Growing Crypto App by Revenue, Hits $100M in 217 Days Despite Recent Slowdown
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Daily Top Performer — Ordinals (ORDI)
The S&P 500 led gains in August, rising 2.28% despite a sharp selloff earlier in the month driven by recession fears. Positive economic data and expectations of a Federal Reserve interest rate cut helped stabilize sentiment. Investors are now looking ahead to a key jobs report and ongoing earnings season to gauge the market's direction. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 3.40%, with Bitcoin dropping by 0.09% and Ether rising by 2.03%, in the past 24 hours.
Today's top performer is ORDI, which surged 19.1% following the announcement of the Ordinals Summit and Inscribing Atlantis hosting a major Bitcoin event at the National Gallery Singapore.