The crypto market is in a state of absolute euphoria after Bitcoin (BTC) received the bid and hit a new all-time high of $ 67,000. Altcoins
Bitcoin’s spike to $ 67,000 also helped generate double-digit profits for many altcoins, as the age-old adage about the tide lifting all boats appears to have come into play.
Data from Cointelegraph Markets Pro and TradingView shows that the biggest winners over the past 24 hours are OriginTrail (TRAC), Kadena (KDA) and Cartesi (CTSI).
OriginTrail is a protocol that operates on the Ethereum (ETH) network and specializes in the use of blockchain technology to improve logistics and supply chain management.
According to data from Cointelegraph Markets Pro, market conditions have been quite favorable for TRAC 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 TRAC started rising on October 19th, reaching 72 points in about an hour before rising 48% the next day.
The TRAC price hike occurred when the project was in the process of marketing itself as “the world’s first decentralized knowledge graph” and with Dr. Bob Metcalfe had worked together as part of the advisory board. .
Kadena undergoes a reshuffle
Kadena, an enterprise-focused blockchain project, has seen a decent price breakout in the past 24 hours as the market gains momentum.
Data from Cointelegraph Markets Pro and TradingView show that after hitting a low of $ 2.60 on Oct 19, the price of KDA rose 33.65% to an intraday high of $ 3.47 on Dec 20. October reversed after the surge was 24 hour trading volume.
KDA’s price increase comes after improvements to the project’s website and partnership with Immutable Records, which aims to bring a fully functional token marketplace to the Kadena network.
Cartesi bridge to the avalanche
Cartesi is a blockchain protocol that focuses on integrating traditional tools used by the developer community with decentralized tools that help develop smart contracts and make them widely available.
Data from Cointelegraph Markets Pro and TradingView show CTSI price rose 51% on its 24-hour trading volume from a low of $ 0.70 on October 19 to an intraday high of $ 1.07 on its 24th. Hourly trading volume increased 587% to $ 288 million.
The CTSI price spike occurred as the project announced the launch of a bridge to the Avalanche network and was preparing for the launch of its mainnet including authorized stakeouts.
The total crypto market cap is $ 2.637 trillion and the dominance of bitcoin is 47.5%.