The bulls showed strength yesterday (9 September) as Algorand (ALGO) and Solana (SOL) both hit new all-time highs (ATHs), even as Bitcoin (BTC) suffered repeated losses.
The strong performance of altcoins underscores the argument that the market is in an “old season”, a time typically characterized by strong altcoin prices when bitcoin is restricted to a certain range.
Top 7 Altcoins with the biggest profit in the last 24 hours | Source: Cointelegraph Markets Pro
Data from TradingView shows that the altcoins that have seen the biggest gains over the past 24 hours are Presearch (PRE), Frontier (FRONT) and Algorand (ALGO).
Presearch integrates Wyre into its marketplace
Presearch, a blockchain-based decentralized search protocol, has grown 61.3% over the past 24 hours and it appears that investors have responded positively to expanding it as a search engine option, recently search on your phone’s Android operating system.
PRE price table | Source: Tradingview
New interest in PRE comes after integrated the platform with the crypto payment service provider Wyre, which enables users to purchase PRE tokens directly through the marketplace with a credit card.
Frontier prepares the development on mobile devices
The second biggest upside in the past 24 hours was Frontier, a chain-independent decentralized financial aggregator that powers multiple blockchains, including Ethereum, Binance Smart Chain, and Harmony.
FRONT. Price table | Source: Tradingview
Yesterday’s price hike from FRONT occurred when the project share An introductory video on their Twitter feed indicates “a new frontier” for the project and offers a screenshot of the Frontier protocol interface on a smartphone.
Algora and its growing acceptance
Algorand (ALGO), a pure proof-of-stake blockchain protocol, is back on the list of top performing altcoins after hitting an ATH at $ 2.48.
ALGO price table | Source: Tradingview
Optimism about ALGO comes as Algorand prepares to deploy its governance skills on October 1st, and the project also received a massive vote of confidence from the government of El Salvador after it was selected to help develop ALGO’s development To support the country’s blockchain infrastructure.
The total capitalization of the crypto market is currently $ 2.127 billion and the dominance of bitcoin is 41.1%.
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According to Cointelegraph