After Bitcoin reached $46,000, Swipe, IoTeX and Cyber​​Vein led the rise of altcoins


The cryptocurrency market showed a new level of resilience on August 9th, as most tokens managed to sustain recent gains and Bitcoin prices Set a new 3-month high US$46,293.

Data from Cointelegraph Markets Pro and Transaction view It is shown that IoTeX (IOTX), Cyber​​Vein (CVT) and Swipe (SXP) have seen the biggest gains in the past 24 hours.

The top 7 tokens with the largest price changes in 24 hours. source: Cointelegraph Markets Pro

IOTX / USDT

IoTeX (IOTX) is a platform focused on decentralized Internet of Things, which has performed best in the past 24 hours, with an increase of 27%.

Data from Cointelegraph Markets Pro and Transaction view Shows that the price of IOTX rose 53% from the low of $0.0213 during the morning trading session on August 9 to an intraday high of $0.0326.

IOTX/USDT 4-hour chart. source: Transaction view

The excitement of the project came on August 6th emission The version of ioTube v5, which includes a new cross-chain bridge with Polygon, an Ethereum (Ethereum) The second layer solution supports two-way token exchange between the two protocols.

SGD/USD

In the past 24 hours, the Swipe project has focused on developing card payment infrastructure for the cryptocurrency economy, and its tokens have risen by 17.12%.

VORTECS™ data comes from Cointelegraph Markets Pro Before the recent price increase, a bullish outlook for SXP began to be discovered on August 8.

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.

VORTECS™ score (green) and SXP price. source: Cointelegraph Markets Pro

As shown in the figure above, SXP’s VORTECS™ score climbed to the green zone on August 7 and reached a high of 74 on August 8, approximately 7 hours before its price began to rise by 23% the next day.

Announced in Visa that it has Cooperation Together with Swipe and 49 other platforms, we are striving to “launch a card program that allows 70 million merchants around the world to easily convert and consume digital currencies.”

related: Bloomberg analyst asserts that Ethereum can pave the way for $100,000 in Bitcoin

Continuously variable transmission/USD

Cyber​​Vein, a project that aims to reshape decentralized databases and the way people store, protect, and monetize information, its price also rose by 17% on Monday.

VORTECS™ data comes from Cointelegraph Markets Pro Before the recent price increase, a bullish outlook for CVT began to be discovered on August 8.

VORTECS™ score (green) and CVT price. source: Cointelegraph Markets Pro

As shown in the figure above, the VORTECS™ score of CVT turned green on August 8 and reached a high of 76. About 14 hours later, its price began to rise by 35% in the next five hours.

The price recovery of CVT is at announcement The daily operations of the project are now handled by the CyberVein Foundation.

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