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With the slight increase of Bitcoin, the well-known seesaw price trend in the crypto market has been fully demonstrated today (Bitcoin) The digital assets realized last weekend quickly collapsed in the early market trends Follow Tesla stock to become popular.
Fortunately, it’s not all bad news for altcoin traders, starting this week Cointelegraph Markets Pro The Altseason indicator shows that there is a 44% probability that altseason is going on.
Data from Cointelegraph Markets Pro with Transaction view UMA (UMA), WINk (WIN) and Keep3rV1 (KP3R) showed the biggest gains in the past 24 hours.
UMA and Sherlock protocol integration
The Universal Market Access Agreement (UMA) is a project based on the Ethereum blockchain that focuses on the creation of synthetic assets. These assets are automatically executed and self-executed financial contracts that allow counterparties to digitize and digitize any real-world financial derivatives. automation.
VORTECS™ data comes from Cointelegraph Markets Pro Before the recent price increase, a bullish outlook for UMA began to be discovered on November 12.
Cointelegraph’s unique VORTECS™ score is an algorithmic comparison of historical and current market conditions. These data points include a combination of market sentiment, trading volume, recent price changes, and Twitter activity.
As shown in the graph above, UMA’s VORTECS™ score soared to green and reached a high of 73 on November 12, approximately 19 hours before the price rose by 48.6% in the next two days.
The UMA price surge occurred after the mainnet launched the Sherlock DeFi agreement, which is an insurance agreement that uses UMA’s Optimistic Oracle solution to fairly determine claims and provide vulnerability exploitation protection for other agreements.
WINk expands its NFT ecosystem
WINk is the first comprehensive oracle solution in the TRON ecosystem, which aims to integrate real-world data and information with the blockchain ecosystem.
Data from Cointelegraph Markets Pro with Transaction view It shows that since hitting a low of US$0.000676 on November 10, the price of WIN has soared 61.85% in the following week to the daily high of US$0.00109 on November 15, and its 24-hour trading volume has soared to US$910 million.
The momentum of WIN’s construction coincides with the closed Beta test of the WIN nonfungible token (NFT) Horse game that the project is preparing to launch on November 18. The project also carried out an APENFT airdrop for WIN holders.
related: Animoca Brands announces K-pop NFT meta festival plan
Keep3rV1 list on Binance
Keep3rV1 is a decentralized work board designed to help projects that need external development connect with individuals and organizations capable of providing the required services.
According to the data from Cointelegraph Markets ProFor some time, KP3R’s market conditions have been favorable.
As shown in the figure above, KP3R’s VORTECS™ score has been rising in the green zone since November 9th, and reached a high of 86 on November 11th, approximately when the price started to rise by 114% in the next three hours The first nine hours days.
The price of KP3R climbed after the token was listed on Binance and launched its FixedForex market, which provides 24/7 decentralized foreign exchange transactions for anyone around the world.
The overall market value of cryptocurrencies is now $2.82 trillion, and Bitcoin’s dominance rate is 43.1%.
The views and opinions expressed here only represent the views of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading action involves risk, and you should conduct your own research when making a decision.
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