As the market momentum continues to increase, the prices of a few altcoins have also risen. For many tokens, prices are boosted by new exchange listings and cross-agreement cooperation, which has brought new activity and attention to their ecosystem.
Binance lists WAX benefits
The best performer on the 24-hour chart is WAX, which is a Delegated Proof of Stake (DPoS) blockchain protocol that claims to provide “the world’s most mature and environmentally friendly blockchain for NFTs, video games, and collectibles.” “.
Data from Cointelegraph Markets Pro And Transaction view It shows that after hitting a low of $0.161 on August 19, the price of WAXP surged 242% to an intraday high of $0.55 on August 23, and its 24-hour trading volume rose 21756% to $2.24 billion.
According to Cointelegraph Markets Pro’s NewsQuakes™ alert system, after Binance announced that it would list WAXP, the price suddenly soared.
After announcing the partnership, Gnosis surged
Gnosis is a decentralized prediction market based on Ethereum. After revealing that the team has joined the ZK Open Legal Working Group to create “legal clarity regarding the use of ZKP to unlock its privacy and expand the full potential of applications”, the market Push up.
VORTECS™ data comes from Cointelegraph Markets Pro Before the recent price increase, a bullish outlook for GNO began to be discovered on August 19.
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, the GNO’s VORTECS™ score has risen for some time and reached a high of 78 on August 19, approximately 6 hours before its price increased by 26% in the next four days.
IOST’s staking competition attracts investors
IOST is a decentralized blockchain network that uses a new consensus protocol called “Proof of Trustworthiness” to verify transactions at a higher speed than competing networks.
VORTECS™ data comes from Cointelegraph Markets Pro Before the recent price increase, the bullish outlook for IOST began to be discovered on August 22.
As shown in the figure above, IOST’s VORTECS™ Score began to turn green on August 21 and climbed to a high of 72 on August 22, approximately 8 hours before its price rose by 29%.
Blockchain activity has been increasing, thanks to In progress In the Staking competition jointly organized with Moonstake, the maximum prize is 15,500 IOST tokens.
The overall cryptocurrency market value is now 2.139 trillion U.S. dollars, and Bitcoin’s dominance rate is 43.5%.
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