After Bitcoin (BTC) won the bid and hit a record high of $ 67,000, the crypto market is in absolute euphoria.
Bitcoin’s surge to $ 67,000 is to generate double-digit profits for multiple altcoins, as the old saying of tide ebb and flow that lifts all boats seems to be perfectly valid. Was also helpful.
According to data from Cointelegraph Markets Pro and TradingView, OriginTrail (TRAC), Kadena (KDA) and Cartesi (CTSI) have seen the largest price increases in the last 24 hours.
Origin Trail works
OriginTrail is a protocol that runs on the Ethereum (ETH) network and specializes in using blockchain technology to improve logistics and supply chain management.
According to data from Cointelegraph Markets Pro, TRAC’s market conditions have been good for some time.
Cointelegraph’s exclusive VORTECS ™ score is an algorithmic comparison of past and current market conditions derived from a combination of data points such as market sentiment, trading volume, recent price fluctuations, and Twitter activity.
As you can see in the graph above, TRAC’s VORTECS ™ score began to rise on October 19th and reached a score of 72 in about an hour the next day before the price rose 48%.
The rise in TRAC prices arises because the project is in the process of rebranding its image as “the world’s first decentralized knowledge graph” and is working with Dr. Bob Metcalf as part of an advisory board.
Renovation of Kadena
Kadena, a corporate-focused blockchain project, has experienced a healthy price breakout over the last 24 hours as the market as a whole gained momentum.
After hitting a low of $ 2.60 on October 19, KDA prices reversed the course, jumping 33.65% to a daytime high of $ 3.47 on October 20, according to data from Cointelegraph Markets Pro and TradingView. However, it is a 24-hour transaction. Volume.
The KDA price hike follows the project’s website renewal and a partnership with Immutable Records aimed at bringing a fully functional non-fungible token marketplace to the Kadena network.
Cartesi Bridge to Avalanche
Cartesi is a blockchain protocol focused on integrating traditional tools used by the developer community with decentralized tools that evolve smart contracts and make them widely accessible to all.
According to data from Cointelegraph Markets Pro and TradingView, CTSI prices have risen 51% from the October 19 low of $ 0.70 to the daytime high of $ 1.07, with 24-hour trading volumes ranging from 587% to 200 million. Soared to $ 88 million.
Soaring CTSI prices occur when the project announces the launch of a bridge to the Avalanche network and prepares for the launch of the mainnet, including delegated staking.
The overall market capitalization of cryptocurrencies is currently $ 2.637 trillion and Bitcoin’s dominance is 47.5%.
The views and opinions expressed here are those of the author and do not necessarily reflect the views of Cointelegraph.com. All investment and transaction movements carry risks. When making a decision, you need to do your own research.
