The sharp correction that threatened to push Bitcoin (BTC) and altcoin prices into fluctuating downturns appears to be gone now that Evergrande has informed investors that they intend to pay off the debt on time. When the global markets felt safe, the open market saw a rise in large stocks, bitcoins and altcoins.
After plummeting to below $ 40,000 on September 21, Bitcoin (BTC) is now trading above $ 43,300 and Ether (ETH) has returned to $ 3,000. Altcoins have improved significantly as well: at the time of writing, there are many recipes for up to 15% winnings.
Top 7 currencies with the maximum price change in 24 hours. Source: Cointelegraph Markets Pro
Cointelegraph Markets Pro and TradingView data show that the biggest winners in the last 24 hours were Livepeer (LPT), COTI (COTI) and Axie Infinity (AXS).
Livepeer Lists in Web3 Index
Livepeer is an Ethereum-based decentralized video streaming network intended to be an alternative to traditional streaming solutions.
VORTECS fra data from Cointelegraph Markets Pro began to show optimistic outlook for LPT on September 21, ahead of the recent price hike.
The VORTECS men score, exclusive to Cointelegraph, is an algorithmic comparison of historical and current market conditions taken from a range of data points, including market sentiment, trading volume, recent price movements, and Twitter activity.
VORTECS ™ score (green) versus LPT prize. Source: Cointelegraph Markets Pro
As shown in the chart above, VORTECS for the LPT result began to rally on September 20, peaking at 71 on September 21, about 19 hours before the price rallied 36% the next day.
The jump in LPT reward came with the launch of the Web3 Index, which included Livepeer as one of the first projects to help improve project visibility.
COTI of the Ministry of Finance issues a “technical” white paper
COTI, an enterprise-class fintech platform focused on decentralized payments, is the second largest winner in the last 24 hours.
VORTECS fra data from Cointelegraph Markets Pro began to show optimistic outlook for COTI on September 21, ahead of the recent price hike.
VORTECS ™ result (green) compared to COTI price. Source: Cointelegraph Markets Pro
As shown in the chart above, the COTI VORTECS ™ result rose on September 21st and peaked at 77 about 10 hours before the price rallied 35% the next day.
The return to the COTI Award is due to the publication of the COTI Treasury Tech white paper and the token listing on Crypto.com.
RELATED: Landslide Recovers After Evergrande Led Sale, With AVAX Recovering More Than 30%
Axie Infinity Returns After Long Downtrend
Axie Infinity (AXS) is a blockchain based time management and combat game in which users collect, breed, breed and fight token based creatures in a game known as Axies.
Market conditions have been favorable for AXS for some time, according to data from Cointelegraph Markets Pro.
VORTECS ™ score (green) versus AXS price. Source: Cointelegraph Markets Pro
As shown in the chart above, the VORTECS ™ result for AXS was green for most of the weeks and peaked at 82 on September 20, about 24 hours before the price rallied 33% over the next day.
The jump in the price of AXS came immediately after the listing of the tokens on Bitfinex, an announcement that was flagged by Cointelegraph Markets Pro’s NewsQuakes ™ alert system about 15 hours before the price began to rise.
The total market value of the cryptocurrency is now $ 1.921 trillion, and the bitcoin dominance rate is 42.3%.