The price volatility for which the cryptocurrency market is notorious is at its peak again today as modest gains in Bitcoin (BTC) made over the weekend quickly faded into early market moves as digital assets followed Tesla stock in the red.
Fortunately, this is not just bad news for altcoin traders, and this week began with the Cointelegraph Markets Pros Altseason indicator showing a 44% chance that an alternate season has already begun.
Top 7 currencies with maximum price change in 24 hours. Source: Cointelegraph Markets Pro
Cointelegraph Markets Pro and TradingView data shows that UMA (UMA), WINk (WIN) and Keep3rV1 (KP3R) posted the biggest gains in the past 24 hours.
UMA integrates with the Sherlock protocol
The Universal Market Access Protocol, or UMA, is an Ethereum blockchain project focused on creating synthetic assets that are stand-alone financial contracts that allow counterparties to digitize and automate any real-world derivative.
VORTECS data from Cointelegraph Markets Pro began showing an optimistic outlook for UMA on November 12, before the recent price rally.
The VORTECS Men’s Assessment, exclusively for 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™ result (green) vs. UMA award. Source: Cointelegraph Markets Pro
As seen in the chart above, UMA’s VORTECS™ Index rose to green and peaked at 73 on November 12, about 19 hours before the price surged 48.6% over the next two days.
UMA’s reward culminates with the launch on the mainnet of Sherlock DeFi, a security protocol that uses an Oracle Optimistic Oracle solution to evaluate claims and protect other protocols from exploitation.
WINk Expands the NFT Ecosystem
WINk ice is Oracle’s first comprehensive solution for the TRON ecosystem, designed to integrate real data and information with the blockchain ecosystem.
Data from Cointelegraph Markets Pro and TradingView shows that since hitting a low of $0.000676 on November 10, WIN price surged 61.85% over the following week to a daily high of $0.00109 on November 15 when the 24-hour trading volume increased. up to $910 million.
WIN/USDT 4-hour chart. Source: TradingView
WIN is being developed as the project prepares for closed beta testing of the WIN NFT Horse game, which begins on November 18. The project also implemented APENFT airdrops for WIN holders.
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Keep3rV1 Listings on Binance
Keep3rV1 is a decentralized bulletin board designed to help projects that need external development connect with individuals and organizations that can provide the required services.
According to Cointelegraph Markets Pro, market conditions have been favorable for KP3R for some time.
VORTECS™ result (in green) vs. KP3R price. Source: Cointelegraph Markets Pro
As can be seen in the chart above, VORTECS has been valuing KP3R up in green since November 9, peaking at 86 on November 11, about nine hours before the price is set to rise 114% over the next three years. days.
The KP3R price hike follows the listing of the token on Binance and the launch of FixedForex, which provides 24/7 access to decentralized forex trading to everyone around the world.
The total market capitalization of the cryptocurrency is now $2.82 trillion, and the Bitcoin dominance rate is 43.1%.