Frontier, Ren and Keep Network get 20% of the revenue because Bitcoin claims 48,000 USD


Bitcoin (Bitcoin) Behind the recovery to the $48,000 mark is a similar trend of altcoins. Analysts expect that if the top-ranked digital assets can target 50,000 USD Resistance level.

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

Data from Cointelegraph Markets Pro with Transaction view The biggest gains in the past 24 hours are Frontier (FRONT), Ren (REN) and Keep Network (KEEP).

Frontier’s cross-chain application release excited the community

Frontier is a Decentralized Finance (DeFi) aggregator that focuses on providing support for Ethereum, Binance Smart Chain and Harmony Blockchain.

VORTECS™ data comes from Cointelegraph Markets Pro Before the recent price increase, a bullish outlook for FRONT began to be discovered on September 11.

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 FRONT price. source: Cointelegraph Markets Pro

As shown in the figure above, FRONT’s VORTECS™ score turned green on September 11 and climbed to a high of 80 in about 34 hours. After that, its price increased by 66% in the next two days.

The price of FRONT suddenly soared after the project Announce The forthcoming version 2 of the Frontier application allows users to link all their cryptocurrency wallets by integrating with wallet connect.

Ren moves towards complete decentralization

Ren is an open protocol that aims to promote interoperability and liquidity between different blockchains, and provides one of the most commonly used solutions for integrating Bitcoin with the growing DeFi ecosystem.

VORTECS™ data comes from Cointelegraph Markets Pro Before the recent price increase, Ren’s bullish outlook began to be discovered on September 14.

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

As shown in the figure above, REN’s VORTECS™ Score began to climb to the green zone on September 13th, and climbed to a high of 71 on September 14th, the next day the price began to rise by 40%.

Announced on September 13 that the RenVM testnet has been Fused Greycore, a semi-decentralized set of validators, will help the Ren ecosystem closer to its goal of complete decentralization.

related: MicroStrategy’s Bitcoin vault exceeds 80% of the cash of non-financial companies in the S&P 500

Keep Network launches new DAO proposal

The third biggest winner on the 24-hour chart is Keep Network. This protocol consists of off-chain containers of private data called “keeps”. These containers combine to create an “incentive” network for use on public blockchains. Store encrypted private data.

Data from Cointelegraph Markets Pro with Transaction view It shows that after hitting a low of $0.38 on September 13, the price of KEEP rose 45% to an intraday high of $0.55 on September 15, and its 24-hour trading volume soared 250% to $80 million.

KEEP/USDT 4-hour chart. Source: TradingView

The soaring price of KEEP comes from the agreement Released A DAO proposal aimed at combining NuCyper and Keep communities under one governance platform.

The overall cryptocurrency market value is now 2.182 trillion U.S. dollars, and Bitcoin’s dominance rate is 41.6%.

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