Saturday, October 1

These 3 altcoins soared to the moon when the price of Bitcoin spiked to $ 52,000


The broader crypto market is showing signs of strength on September 6 as Bitcoin (BTC) bulls fight for control at the $ 51,500 level.

Altcoins have benefited from Bitcoin’s strong performance with many seeing gains in excess of 20% and Cointelegraph Markets Pro’s Altseason indicator continues to indicate that market conditions are leaning towards higher gains from altcoins.

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

Cointelegraph Markets Pro data and TradingView shows that the largest beneficiaries in the last 24 hours were Oasis Network (ROSE), PARSIQ (PRQ) and Travala (AVA).

Oasis Network partners with API3

Oasis Network is a blockchain protocol with privacy-enhancing features that create a secure platform for open finance and responsible data management.

VORTECS ™ data from Cointelegraph Markets Pro began to detect a bullish outlook for ROSE 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. ROSE price. Source: Cointelegraph Markets Pro

As seen in the chart above, the VORTECS ™ score for ROSE rose to green on September 1 and peaked at 76, around 82 hours before its price rose 135% over the next two days.

The sudden increase in the price of ROSE comes after the September 3 announcement that the project has partnered with API3 and will co-sponsor a large program for development teams who wish to build a Rust version of the Airnode service of the protocol.

PARSIQ presents a subscription model

PARSIQ, a blockchain-based analytics platform, saw a 51% price rise in the last 24 hours.

VORTECS ™ data from Cointelegraph Markets Pro began to detect a bullish outlook for PRQ on September 5, ahead of the recent price surge.

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

As seen in the graph above, the VORTECS ™ score for PRQ rose to green on September 5 and peaked at 72 approximately 12 hours prior to its 52% price increase the following day.

This growing momentum for PARSIQ comes after the Introduction of its new subscription model that makes the protocol the world’s first decentralized software as a service (SaaS).

Related: US SEC Releases New Investor Alert Against Cryptocurrency Investment Scams

End of summer push for Travala

Travala is a leading blockchain-based travel booking platform offering flights and accommodation services to more than 90,000 destinations in 230 countries and territories around the world.

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

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

As seen in the chart above, the VORTECS ™ score for AVA peaked at 70 on September 5, around 120 hours before its price soared 54% the following day.

The increase in price comes as the project has been making its end-of-summer effort to engage users and the project also allows users to spend stablecoins like USD Coin (USDC) or DAI to book their next vacation.

The overall cryptocurrency market capitalization is now $ 2.341 trillion and Bitcoin’s dominance rate is 41.4%.

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.