Sunday, October 2

Presearch, Aragon and IOTA Explode Higher After Bitcoin Price Slashes $ 50K


Optimism in the crypto market continues to rise as bullish developments in the price of Bitcoin and Ethereum (ETH) renewed discussions of a 2013-style double-bomb rally that could push the (BTC) price above $ 100,000.

The positive price action has not been limited to the top two market leaders. Many altcoins continue to rally and Cointelegraph Markets Pro’s ‘alt season’ indicator indicates that momentum could continue for a while longer.

Top 7 currencies with the highest price change in 24 hours. Source: Cointelegraph Markets Pro

Cointelegraph Markets Pro data and TradingView shows that the biggest winners in the last 24 hours were Presearch (PRE), Aragon (ANT) and IOTA (MIOTA).

Presearch’s Android app to debut in Chrome

The best performer of the day is Presearch, a community-driven, blockchain-based decentralized search engine that allows users to search privately and earn rewards for their activity.

VORTECS ™ data from Cointelegraph Markets Pro began to detect a bullish outlook for PRE on September 1, ahead of the recent price surge.

The VORTECS ™ score, exclusive to Cointelegraph, is an algorithmic comparison of historical and current market conditions derived from a combination of data points including market sentiment, trading volume, recent price movements, and trading activity. Twitter

VORTECS ™ score (green) vs. price PRE. Source: Cointelegraph Markets Pro

As seen in the graph above, the VORTECS ™ score for PRE began to rise as the price of PRE began to rise and reached a high of 73 on September 1, approximately one hour before its price increased 245%. during the next day.

The momentum in momentum and price of the project came after the project. Announced that the Android Presearch app will be added to the ‘choice screen’ on factory reset phones and will be available as a default search option in Chrome.

Aragon benefits from its partnership with Polygon

Aragon is a protocol based on the Ethereum network that focuses on the creation of decentralized autonomous organizations (DAO) as a way to help projects develop governance structures so that their communities can get involved in the development of the protocol.

VORTECS ™ data from Cointelegraph Markets Pro began to detect a bullish outlook for ANT on September 1, ahead of the recent price surge.

VORTECS ™ score (green) vs. price ANT. Source: Cointelegraph Markets Pro

As seen in the chart above, the VORTECS ™ score for ANT climbed into the green zone on August 31 and peaked at 71 on September 1, just two hours before its price began to rise 77% during the next day.

The sudden spike in interest in ANT came after September 2. ad that Aragon had partnered with Polygon to help make the DAO launch process on the Aragon network more profitable.

Related: Bitcoin’s Bull Run Spawns $ 180K BTC Price Prediction Ahead of Institutional ‘Fireworks’

Protocol updates raise the price of IOTA

IOTA is a distributed ledger protocol that uses a proprietary technology called Tangle to perform consensus and confirm transactions.

Cointelegraph Markets Pro data and TradingView shows that after hitting a low of $ 0.96 on September 1, MIOTA’s price soared 55% to an intraday high of $ 1.50 on September 2 as its 24-hour trading volume increased 234% to $ 681 million.

IOTA / USDT 4-hour chart. Source: TradingView

The sudden surge in interest in the project comes after the protocol integrated the Hornet update, which brought back the auto-pairing feature and also integrated a faucet plugin with the Hornet node. This facilitates the process of running a private ‘Tangle’.

The overall cryptocurrency market capitalization is now $ 2.214 trillion and Bitcoin’s dominance rate is 41.9%.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trade move involves risk, you should do your own research when making a decision.