On September 30, cryptocurrency traders breathed a sigh of relief after headlines reflected positive news about the adoption and future regulation of the cryptocurrency sector. Earlier today, Visa announced that it had developed a Level 2 blockchain-based interoperability hub that would support cryptocurrencies, and Federal Reserve Chairman Jerome Powell said the regulator had no intention of banning cryptocurrencies.
The surge in emotion coincided with a positive day for Bitcoin price action, which rose 5.74% to about $ 44,000 at the time of writing.
Top 7 currencies with the maximum price change in 24 hours. Source: Cointelegraph Markets Pro
Cointelegraph Markets Pro and TradingView data show that the top winners in the last 24 hours were Rari Governance Token (RGT), Polymath (POLY) and Telos (TLOS).
Rari Capital TVL exceeds $ 500 million
Rari Governance Token is the original symbol of Rari Capital that allows users to define the future of the project’s DeFi protocol.
According to Cointelegraph Markets Pro, market conditions have been favorable for RGT for some time.
The VORTECS men score, exclusive to Cointelegraph, is an algorithmic comparison of historical and current market conditions taken from a range of data points, including market sentiment, trading volume, recent price movements, and Twitter activity.
The result of the VORTECS result (green) relative to the RGT price. Source: Cointelegraph Markets Pro
As shown in the chart above, VORTECS for the result for RGT first rallied to green on September 25 and finally reached 82 on September 28, which is about 33 hours before the price started to rise 29% the next day.
The price hike for RGT comes as the public celebrates the Rari Capital Protocol, which has a total closed value of over $ 500 million and now aims to exceed $ 1 billion.
Telos appears where wearers expect to fall
Telos is a blockchain network powered by the EOSIO network with a focus on smart contracts for non-perishable tokens (NFT), DeFi, games and social media.
According to Cointelegraph Markets Pro, market conditions have been favorable for TLOS for some time.
VORTECS score (green) versus TLOS prize. Source: Cointelegraph Markets Pro
As shown in the chart above, VORTECS ™ for TLOS has been increasing in green for most of the past week, peaking at 73 on September 28, around the same time the price began to rise 42% from the next two days.
The rise in TLOS prices comes at a time when the public has been active and excited by the ongoing broadcast in the Fortis and Destiny World projects, which are designed to showcase the potential of the Ethereum Virtual Machine (EVM) as well as the potential of the Telos network. to offer a fixed price for gas.
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Polymath adds new security tokens
Polymath is a decentralized protocol that runs on the Ethereum (ETH) network and is focused on developing technology that allows digital securities to be created, issued and managed on the blockchain.
Data from Cointelegraph Markets Pro and TradingView show that after hitting a $ 0.51 low on September 29, the Bole price rose 51.58% to a daily high of $ 0.772 on September 30, when 24-hour trading volume rose from $ 21 average. $ 1 million to $ 544 million.
4-hour POLY / USDT chart. Source: TradingView
The increase in price and volume for POLY comes as protocol developers continue to update and expand the network’s capabilities, while new projects such as RedSwan and the commercial real estate market are launched on the Polymath network.
The total market value of the cryptocurrency is now $ 1.91 trillion, and the bitcoin dominance rate is 42.7%.