Cryptocurrency traders are on the lookout for a new coin and it appears that early choices like SUPER, PBR and BTT have rocketed up in price. What is driving this cryptocurrency market rally?
The “btt price prediction calculator” is a tool that allows users to calculate the future value of BTT. The tool also includes information about exchanges and listings.
After the larger market recovered from the price drop in Bitcoin (BTC) on December 3, the cryptocurrency market is back in good spirits today. Bulls are now attempting to push Bitcoin (BTC) over the $52,000 support/resistance level, while Ether (ETH) is attempting to recapture $4,400, but both assets are hitting resistance at the above level.
Even while BTC and ETH have stabilized, traders’ shift in mood has benefited altcoins, with several seeing increases of more than 50% in the last 24 hours.
Top 7 coins with the biggest price swings in a 24-hour period. Cointelegraph Markets Pro is the source of this information.
SuperFarm (SUPER), PolkaBridge (PBR), and BitTorrent were among the top gainers in the last 24 hours, according to data from Cointelegraph Markets Pro and TradingView (BTT).
Coinbase has a listing for SuperFarm.
SuperFarm is a cross-chain protocol that combines decentralized finance (DeFi) with nonfungible tokens (NFTs) to create a marketplace where NFT makers, collectors, and traders may engage.
According to data from Cointelegraph Markets Pro and TradingView, after reaching a low of $1.02 on Dec. 6, the price of SUPER soared 81 percent to a daily high of $1.81 on Dec. 7, with a 500 percent increase in 24-hour trading volume to $323 million.
4-hour chart of SUPER/USDT. TradingView is the source of this information.
SUPER’s price has risen since it was launched on Coinbase with PolkaStarter (POLS) and Spell Token (SPELL).
Despite tomorrow’s Ethereum update delaying the difficulty bomb, Coinbase adds ‘ETH2’ to its platform.
PolkaBridge invites IDOs to register.
PolkaBridge is a decentralized multichain protocol that acts as a major connection point between Polkadot and other networks. An all-in-one platform is also supported, including an automated market maker (AMM) with farming, loans, token launchpads, prediction markets, and an NFT marketplace.
According to data from Cointelegraph Markets Pro and TradingView, after hitting a low of $0.85 on December 6, the price of PBR soared 99.4% to a daily high of $1.71 on December 7, while its 24-hour trading volume climbed by 80% to $10.2 million.
The PBR price has risen quickly since the platform has opened registration for a number of future initial decentralized exchange offerings, which need users to stake at least 10,000 PBR tokens to be eligible for an allocation.
BitTorrent is almost ready to deploy its mainnet.
BitTorrent is a well-known peer-to-peer file sharing and torrent software that, after being linked with the Tron ecosystem, has been moving toward a more decentralized architecture in recent years.
Prior to the latest price spike, VORTECSTM data from Cointelegraph Markets Pro started to identify a strong prognosis for BTT on Dec. 4.
The VORTECSTM Score is an algorithmic assessment of past and present market circumstances produced from a variety of data points including market sentiment, trading volume, recent price changes, and Twitter activity, which is unique to Cointelegraph.
BTT pricing vs. VORTECSTM Score (green). Cointelegraph Markets Pro is the source of this information.
The VORTECSTM Score for BTT ascended into the green zone on Dec. 4 and reached a peak of 82 about 29 hours before the price jumped 75 percent the following day, as seen in the chart above.
BTT is gaining traction as it finalizes plans for the launch of the BitTorrent Chain mainnet, which will feature a token redenomination scheme in which existing BTT holders would get 1,000 new BTT tokens for each old BTT token in their wallet.
The total cryptocurrency market capitalization is currently $2.384 trillion, with Bitcoin commanding 40.7 percent of the market.
The author’s thoughts and opinions are completely his or her own and do not necessarily represent those of Cointelegraph.com. Every investing and trading choice has risk, so do your homework before making a decision.
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The “will bittorrent coin reach 100” is a question that has been asked for quite some time. The BTT price has increased due to the listings of exchanges and mainnet launch.
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