Thursday, May 26, 2022

Anyswap, Keep3rV1, WEMIX follow Bitcoin’s move to $44K with double-digit rallies

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The cryptocurrency neighborhood is again in excessive spirits on Jan. 12 after a majority of tokens within the prime 200 flashed inexperienced following Bitcoin’s (BTC) spike to $44,000.

The return of bullish momentum has come as a boon to several altcoin projects, with multiple tokens seeing gains in excess of 20%.

Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro

Information from Cointelegraph Markets Pro and TradingView reveals that the largest gainers over the previous 24-hours had been Anyswap (ANY), Keep3rV1 (KP3R) and WEMIX (WEMIX).

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Anyswap expands its listing of supported networks

Positive aspects within the altcoin market had been led by Anyswap, a decentralized alternate that focuses on permitting customers to switch and swap tokens between 25 distinct networks.

Information from Cointelegraph Markets Pro and TradingView reveals that since falling to a low of $15.16 on Jan. 10, the worth of ANY ripped 77.67% larger to a each day excessive of $26.93 on Jan. 12 as its 24-hour buying and selling quantity spiked 525% to $114.5 million.

ANY/USDT 4-hour chart. Supply: TradingView

The sudden spike in exercise and worth for ANY come because the protocol lately added two new networks to its listing of supported chains together with a FomoETH bridge and Moonbeam, which simply formally launched on Polkadot.

Keep3rV1 branches out to different networks

Keep3rV1 is a mission centered on making a decentralized job board designed to assist tasks join with exterior builders that may present specialised providers.

VORTECS™ knowledge from Cointelegraph Markets Pro started to detect a bullish outlook for KP3R on Jan. 7, previous to the latest worth rise.

The VORTECS™ Rating, unique to Cointelegraph, is an algorithmic comparability of historic and present market situations derived from a mixture of knowledge factors together with market sentiment, buying and selling quantity, latest worth actions and Twitter exercise.

VORTECS™ Rating (inexperienced) vs. KP3R worth. Supply: Cointelegraph Markets Pro

As seen within the chart above, the VORTECS™ Rating for KP3R climbed into the inexperienced zone on Jan. 7 and hit a excessive of 80 roughly 79 hours earlier than the worth rallied 79.64% over the following two days.

The bullish transfer larger for KP3R comes following a tease launched by the mission indicating that KP3R will quickly have cross-chain performance between Ethereum (ETH), Fantom (FTM) and layer-two resolution Optimism.

Associated: QuickSwap founder: L2s are the path to mass adoption

WEMIX lists at Upbit

WEMIX is a worldwide blockchain gaming platform developed by Wemade Tree that’s designed particularly for gaming DApps and features a market for digital belongings and nonfungible tokens (NFTs).

Information from Cointelegraph Markets Pro and CoinGecko reveals that after sliding to a low of $3.96 on Jan. 10, the worth of WEMIX rebounded 106% to a each day excessive at $8.16 on Jan. 12 as its 24-hour buying and selling quantity spiked to $1.2 billion.

WEMIX/USD 1-hour chart. Supply: CoinGecko

The surge in curiosity and buying and selling quantity for WEMIX comes because the token listed on the favored Korean cryptocurrency alternate Upbit on Jan. 10 and introduced the small print for the following WEMIX NFT public sale drop.

The general cryptocurrency market cap now stands at $2.073 trillion and Bitcoin’s dominance price is 39.8%.

The views and opinions expressed listed here are solely these of the writer and don’t essentially mirror the views of Cointelegraph.com. Each funding and buying and selling transfer entails danger, you must conduct your individual analysis when making a call.