Cryptocurrency markets are in complete euphoria after Bitcoin (BTC) showed itself and hit a new all-time high of $ 67,000.
Bitcoin’s rally to $ 67,000 has also helped generate double-digit gains for more altcoins, as the old adage of rising tidal rises on all boats seems to have come into play.
Top 7 currencies with the maximum price change in 24 hours. Source: Cointelegraph Markets Pro
Cointelegraph Markets Pro and TradingView data show that OriginTrail (TRAC), Kadena (KDA) and Cartesi (CTSI) were the biggest winners in the last 24 hours.
OriginTrail takes a step
OriginTrail is a protocol running on the Ethereum (ETH) network that specializes in using blockchain technology to improve logistics and supply chain management.
Market conditions have been favorable for TRAC for some time, according to data from Cointelegraph Markets Pro.
The VORTECS Men Assessment, exclusive to Cointelegraph, is an algorithmic comparison of historical and current market conditions drawn from a range of data points, including market sentiment, trading volume, recent price movements, and Twitter activity.
VORTECS ™ score (green) versus TRAC price. Source: Cointelegraph Markets Pro
As shown in the chart above, the initial TRAC VORTECS score began to rally on October 19, reaching 72 points about an hour before the price rallied 48% the next day.
The TRAC price increase occurs when a project transforms an image into “the world’s first decentralized knowledge graph” and collaborates with Dr. Bob Metcalfe on its recommendation.
Kadena is under renovation
Kadena, a company-focused blockchain project, has shown decent price penetration in the past 24 hours and the market has begun to pick up steam.
Data from Cointelegraph Markets Pro and TradingView show that after hitting a low of $ 2.60 on October 19, the KDA price reversed and surged 33.65% to a daily high of $ 3.47 on October 20, following a strong rally in its 24-hour trading. sound.
KDA / USDT 4-hour chart. Source: TradingView
The KDA price hike stems from the project’s website update and a partnership with Immutable Records to create a fully functional non-perishable token market on the Kadena Network.
Cartesi bridges to the avalanche
Cartesi is a blockchain protocol that focuses on integrating traditional tools used by the developer community with decentralized tools that will help develop smart contracts and make them widely available to everyone.
Data from Cointelegraph Markets Pro and TradingView show that the CTSI price rose 51% from a low of $ 0.70 on October 19 to a high of $ 1.07 for the day, when 24-hour trading volume rose 587% to $ 288 million.
4-hour chart CTSI / USDT. Source: TradingView
The spike in CTSI prices came as the project announced the launch of a bridge to the landslide network and preparations for the launch of the main network, which will include a participation mandate.
The total market value of the cryptocurrency is now $ 2.637 trillion, and the bitcoin dominance rate is 47.5%.