Bunny tokens are hovering within the wake of the Chinese language New 12 months. 2023 within the Gregorian calendar is designated because the 12 months of the Rabbit.
What Occurred: The rabbit is the fourth animal of the Chinese language Zodiac, symbolizing grace, magnificence, mercy and bringing good luck. Rabbits are deeply linked to the Moon, due to the legendary Jade Rabbit that’s mentioned to reside on its floor.
See Extra: Best Crypto Day Trading Strategies
The Bunny household of tokens is ringing within the Chinese language New 12 months. Rocket Bunny BUNNY/USD rose 6.85% previously seven days, Bunny 2 BUNNY/USD climbed 3% and Bunny Rocket BUNNYROCKET/USD skyrocketed 47%.
Knowledge from LunarCrush exhibits that social engagement for Rocket Bunny token was up 85% since final week and social mentions elevated by 130%.
The rally comes as Bitcoin BTC/USD has traditionally carried out properly at first of the Lunar New 12 months.
In the meantime, Rabbit tokens akin to Rabbit RABBIT/USD had been down by 51%, Child Rabbit BABYRABBIT/USD by 34% and Moon Rabbit AAA/USD by 3%.
This comes as Bitcoin was up 7.52%. Ethereum (CRYPTO: ETH) gained 3.92% and Dogecoin (CRYPTO: DOGE) rose 4.19% within the final seven days, in line with CoinMarketCap.
Worth Motion: On the time of writing, Bunny Rocket was buying and selling at 0.00000001 within the final 24 hours, in line with CoinMarketCap.
Learn Subsequent: Bitcoin Surges Above $21K, Ethereum, Dogecoin Rally Intact — Analyst Says This ‘Could Awaken Some Dormant Long-Term Bulls’