The broader crypto market came under pressure on Oct. 4 as the momentum generated by Bitcoin (BTC) over $ 49,000 over the weekend overshadowed other global concerns over Bitcoin’s global financial system, rising inflation and supply chain challenges.
Despite these struggles, many altcoins have recovered and at the time of writing, the crypto gaming and decentralized finance sectors are continuing to grow in popularity.
Data from Cointelegraph Markets Pro and TradingView show that Axie Infinity (AXS), PowerPool (CVP) and Polkastarter (POLS) are the biggest winners in the past 24 hours.
Axie Infinity reveals new character details
Axie Infinity is a blockchain-based fighting and collecting game that has become one of the breakout stars of 2021, and in addition to pre-ordering a 5,000% rally, the game is also helping to fully showcase the money-making and gaming industry the associated income opportunities.
According to data from Cointelegraph Markets Pro, market conditions have been quite favorable for Axie Infinity for some time.
The VORTECS ™ Score, exclusive to Cointelegraph, is an algorithmic comparison of historical and current market conditions derived from a combination of data points such as market sentiment, trading volume, recent price movements and Twitter activity.
As can be seen in the graph above, the VORTECS ™ Score for AXS began to rise on October 2nd and climbed into the dark green zone on October 3rd, just an hour before the price rose 51% the next day.
Monday’s price hike comes as a live chat with the developers behind the project, leaked some new details on upcoming updates, including adding Axie Points for each character to add new skills and effects to the game.
Related: Is the Axie Infinity overheating? AXS price hits record high after 100% QTD rally
Power pool list on Binance
PowerPool is a decentralized financial protocol that specializes in helping users build governance power over Ethereum-based protocols through the creation of token pools and community voting.
Cointelegraph Markets Pro’s VORTECS ™ data began to see a bullish outlook for CVP on September 29, ahead of the recent price rally.
As can be seen in the graph above, the VORTECS ™ Score for CVP climbed in the green on September 29, peaking at 74 about 2 days before its price began rising 60% over the next three days.
CVP’s price spike came when the project was listed on the Binance cryptocurrency exchange and added to the Binance Smart Chain.
Polka starter v2 is out
Polkastarter is a protocol in the Polkadot ecosystem designed to provide a user-friendly launch pad for early-stage blockchain projects to start token pools and auctions to raise funds and distribute their tokens.
VORTECS ™ data from Cointelegraph Markets Pro began to see a bullish outlook for POLS on October 2nd, ahead of the recent price rally.
As can be seen in the graph above, the VORTECS ™ Score for POLS started rising on October 2nd, reaching about 29 hours at 74 before the price rose 23% the next day.
The POLS price spike occurred when the project released Polkastarter v2 for the community, which included updates to the dashboard and the ability to set POLS on Ethereum (ETH) or Binance Smart Chain.
The total crypto market cap is $ 2.141 trillion and the dominance of Bitcoin is 42.8%.