On September 30, cryptocurrency traders breathed a sigh of relief after headlines reflected positive news about future adoption and regulation of the crypto sector. Visa announced earlier today that it has developed a Level 2 blockchain interoperability center that will support cryptocurrencies, and Federal Reserve Leader Jerome Powell said the regulator does not intend to ban cryptocurrencies.
The rise in emotions coincided with a positive day for Bitcoin price action, which is up 5.74% and is trading around $ 44,000 at the time of writing.
Top 7 currencies with a maximum price change of 24 hours. Source: Cointelegraph Markets Pro
Cointelegraph Markets Pro and TradingView data show that Rari Governance Token (RGT), Polymath (POLY) and Telos (TLOS) have seen the biggest gains in the last 24 hours.
Rari Capital TVL is worth over $ 500 million
Rari Governance Token is a sign of Rari Capital that allows users to decide the future of the project’s DeFi protocol.
According to Cointelegraph Markets Pro, market conditions have been favorable for RGT for some time.
VORTECS ™ is exclusive to Cointelegraph, an algorithmic comparison of historical and current market conditions taken from a number of data points, including market sentiment, trading volume, recent price movements and Twitter activity.
VORTECS result result (in green) against RGT price. Source: Cointelegraph Markets Pro
As shown in the chart above, RGT’s VORTECS ™ climbed the green for the first time on September 25 and finally reached 82 on September 28, which is around 33 hours before the price began to rise by 29% during the following period. day.
RGT’s price increase comes as society notes that the Rari Capital protocol has crossed $ 500 million in total value booked as it now seeks to break $ 1 billion.
Telos appear when the user expects airborne droplets
Telos is a blockchain network based on the EOSIO network with a focus on creating smart contracts for non-financial tokens (NFT), DeFi, games and social media.
According to Cointelegraph Markets Pro, market conditions have been favorable for TLOS for some time.
VORTECS score (in green) against TLOS prize. Source: Cointelegraph Markets Pro
As shown in the chart above, the VORTECS ™ score for TLOS has been in the green for most of the past week, peaking at 73 on September 28, at about the same time as the price began to rise by 42% over the next two days.
The TLOS price increase was driven by societal activity and excitement over the ongoing Fortis and Destiny World airdrops, which are designed to showcase the features of the Ethereum Virtual Machine (EVM) as well as the Telos network’s ability 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 network (ETH) and focuses on developing technologies for creating, issuing and managing digital securities on the blockchain.
Data from Cointelegraph Markets Pro and TradingView show that after reaching a low of $ 0.51 on September 29, the Bole price rose 51.58% to a daily high of $ 0.772 on September 30, with 24-hour trading volume as rises from the average dollar. $ 21 million to $ 544 million.
4 hour POLY / USDT chart. Source: TradingView
The significant increase in prices and volumes on POLY has occurred as protocol developers continue to update and expand the capabilities of the network, while new projects such as RedSwan and the commercial real estate market are launched on the Polymath network.
The total market value of cryptocurrency is now $ 1.91 trillion, and the bitcoin dominance rate is 42.7%.