Today’s crypto market has its famous price swing. The modest gains Bitcoin (BTC), made over the weekend, quickly fell apart in the early market moves. As Tesla stock entered the red, the digital asset was soon following suit.
Altcoin traders have good news. This week started with Cointelegraph Markets Pro’s Altseason Indicator, which suggests that 44% of altseasons are underway.
The top 7 coins that saw the largest 24-hour price changes. Source: Cointelegraph Markets Pro
Cointelegraph Markets Pro and TradingView data show that UMA (UMA), Wink (WIN), and Keep3rV1(KP3R) were the largest gainers in the last 24 hours.
UMA is integrated with the Sherlock protocol
Universal Market Access protocol, or UMA, is an Ethereum-blockchain-based project focused on the creation of synthetic assets that are self-executing, self-enforcing financial contracts that allow counter-parties to digitize and automate any real-world financial derivative.
VORTECS(tm), data from Cointelegraph Markets Pro, began to detect a bullish outlook on UMA on Nov. 12, before the recent price rise.
Cointelegraph’s exclusive VORTECS(tm), Score is an algorithmic comparison between historical and current market conditions. It is based on a combination data points, including trading volume, market sentiment and recent price movements, and tweet activity.
VORTECS(tm), Score (green) vs. UMA Price. Source: Cointelegraph Markets Pro
The chart shows that the VORTECS(tm), Score for UMA spiked to the green, and reached a peak of 73 on November 12, just 19 hours before the price rose 48.6% in the following two days.
After the mainnet launch and success of Sherlock DeFi protocol (an insurance protocol that uses UMA’s Optimistic Oracle to adjudicate claims and provide protection against other protocols), UMA’s UMA price spiked.
WINk expands NFT ecosystem
WINk is the first comprehensive Oracle solution for the TRON ecosystem. It integrates real-world data with information from the blockchain ecosystem.
Cointelegraph Markets Pro and TradingView data show that WIN prices rose 61.85% from Nov. 10’s low of $0.000676 to reach $0.00109 per day on Nov. 15. The 24-hour trading volume soared to $910M, putting WIN at a high of $0.00109.
WIN/USDT 4-hour chart. Source: TradingView
As WIN prepares to launch the closed beta testing of the WIN nonfungible token NFT (Horse game), the project is building momentum. APENFT airdrop was also conducted by the project for WIN holders.
Related: Animoca Brands announces plans for Kpop NFT metaverse
Keep3rV1 Lists on Binance
Keep3rV1 provides a job board that allows projects to connect with people and organizations who can provide the services they need.
Cointelegraph Markets Pro data shows that market conditions have been favorable for KP3R for some time.
VORTECS(tm), Score (green) vs. the KP3R price. Source: Cointelegraph Markets Pro
The chart shows that the VORTECS(tm), Score for KP3R has increased in the green area since Nov. 9, and reached an all-time high of 86 on November 11, just nine hours before the price started to rise 114% over three days.
Following the listing of the token on Binance, and the launch its FixedForex market which provides 24/7 access to decentralized Forex trading for anyone in the world, the price of KP3R has risen.
The total cryptocurrency market is now worth $2.82 trillion, and Bitcoin’s dominance rate at 43.1%.
com. You should do your research before making any investment or trading decision.