WazirX, Presearch and Komodo rally after data shows a surge in user activity

December 2, 2021 Coin Telegraph

A surge in user activity and new token listings allowed WRX, PRE and KMD to shake off the week-long crypto market downturn and post double-digit gains.

The characteristically volatile nature of the cryptocurrency market is back in full force on Dec. 2 after the optimism of the past couple of days has transformed into fear and Bitcoin price slid back below $57,000.

Despite the pressure being exerted on many of the top cryptocurrencies, several altcoins have managed to buck the trend and post double-digit gains on Dec. 2.

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

Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were WazirX (WRX), Presearch (PRE) and Komodo (KMD).

WazirX benefits from listing new tokens

WazirX is a India-based cryptocurrency exchange based in India that claims to be the fastest growing and most trusted exchange in the country.

Data from Cointelegraph Markets Pro and TradingView shows that after hitting a low of $1.07 on Nov. 28, the price of WRX surged 74% to reach a daily high of $1.87 on Dec. 2 as its 24-hour trading volume spiked 630% to $432 million.

*WRX/USDT 4-hour chart. Source: TradingView*

The climbing price of WRX comes as the exchange has been listing new tokens, including popular metaverse tokens like Gala (GALA) and Cocos-BCX (COCOS).

Presearch surpasses 3 million users

Presearch is a blockchain-based decentralized search protocol that allows users to maintain control over their data, conduct searches in private and receive rewards for their search activity

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for PRE on Nov. 26, prior to the recent price rise.

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 Twitter activity.

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

As seen in the chart above, the VORTECS™ Score for PRE began to pick up on Nov. 26, around 57 hours before the price increased 53.78 over the next three days.

The price appreciation for PRE comes as activity on the search engine is on the rise and the protocol now hosts more than three million registered users who conduct more than four million searches per day on average. In November, the network hit a record 103 million searches.

Komodo launches a low fee DEX

Komodo is an open, composable, multi-chain platform focused on creating business-friendly blockchain solutions that are scalable and interoperable.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for KMD on Nov. 28, prior to the recent price rise.

*VORTECS™ Score (green) vs. KMD price. Source:* *Cointelegraph Markets Pro*

As seen in the chart above, the VORTECS™ Score for KMD climbed into the green zone and hit a high of 77 on Nov. 28, around 39 hours before the price increased 80% over the next two days.

The surging interest in KMD comes as the protocol's AtomicDEX decentralized exchange underwent an increase in activity thanks to the low fee environment.

The overall cryptocurrency market cap now stands at $2.608 trillion and Bitcoin’s dominance rate is 41.1%.

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 trading move involves risk, you should conduct your own research when making a decision.

Traders pile into altcoins after Bitcoin bulls take hold of $50K

October 5, 2021 Coin Telegraph

Traders pile into altcoins after Bitcoin bulls take hold of K

Bitcoin Price

LINA, SCRT and PRE each rallied by 20% and Bitcoin’s attempt to flip $50,000 to support could extend the current rally seen across the altcoin market.

Bitcoin is back above $50,000 and bulls are currently attempting to secure a daily close above the oft disputed level.

The strength seen in BTC has also helped kickstart momentum in the altcoins and at the time of writing, several tokens are seeing gains in excess of 20%.

Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Linear (LINA), Secret (SCRT) and Presearch (PRE).

LINA moves closer to launching full governance features

Linear is a decentralized delta-one asset protocol that is cross-chain compatible between the Ethereum (ETH) network and the Binance Smart Chain (BSC). The network supports the creation, trading and management of liquid synthetic assets.

According to data from Cointelegraph Markets Pro, market conditions for LINA have been favorable for some time.

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 Twitter activity.

*VORTECS™ Score (green) vs. LINA price. Source:* *Cointelegraph Markets Pro*

As seen in the chart above, the VORTECS™ Score for LINA climbed into the dark green zone on Sept. 29 and reached a high of 93 around 26 hours before the price began to increase 73% over the next four days.

The spike in momentum comes after the project released additional details about the upcoming launch of the Linear DAO, which will include a new governance model that supports community voting.

SCRT rallies ahead of its Supernova upgrade

SCRT is the native currency of the Secret Network, a blockchain protocol with built-in data privacy for smart contracts and decentralized applications that are permissionless and privacy-preserving.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for SCRT on Sept. 30, prior to the recent price rise.

*VORTECS™ Score (green) vs. SCRT price. Source:* *Cointelegraph Markets Pro*

As seen in the chart above, the VORTECS™ Score for SCRT climbed into the green on Sept. 29 and reached a high of 75 on Sept. 30, around twelve hours before its price began to increase by 135% over the next five days.

The surge in price for SCRT comes as the protocol prepares to undergo its Supernova protocol update which will enable integration with the Cosmos Inter-Blockchain Communication (IBC) protocol.

PRE partners with CoinMarketCap

Presearch is a blockchain-based decentralized search protocol that is community-driven, allows users to search privately and rewards users for their activity.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for PRE on Oct. 2, prior to the recent price rise.

As seen in the chart above, the VORTECS™ Score for PRE climbed into the dark green zone on Oct. 2 and reached a high of 88 around 3 hours before its price began to increase by 50% over the next three days.

The rally seen in the price of PRE comes as the project announced a partnership with CoinMarketCap which will integrate its data feeds directly into the Presearch search engine.

The overall cryptocurrency market cap now stands at $2.17 trillion and Bitcoin’s dominance rate is 43.1%.

CoinMarketCap to integrate crypto price data into Presearch

October 5, 2021 Coin Telegraph

android

Presearch is a default search engine on all new and factory-reset Android devices sold in the U.K. and Europe.

Crypto data provider CoinMarketCap continues expanding its reach by integrating its crypto price data into Presearch, a major decentralized search engine.

CoinMarketCap has partnered with Presearch to provide its data feeds to the search engine, allowing users to see CoinMarketCap price data directly on Presearch, according to a Tuesday announcement shared with Cointelegraph.

With the partnership, Presearch’s 2.4 million registered users will instantly see a CoinMarketCap-provided overview for any crypto-related term on the engine, including prices, daily volumes, a market capitalization, circulating supply and total supply.

“The function will roll out immediately tomorrow and will be available wherever users use the search engine,” a spokesperson for Presearch said, adding that the new functionality will be available from the web to mobile.

Additionally, Presearch will get exposure to CoinMarketCap’s millions of visitors via a marketing campaign featuring ongoing promotions. According to data from traffic analytics platform SimilarWeb, CoinMarketCap had 187 million total visits in August 2021. The world’s largest cryptocurrency exchange, Binance, acquired CoinMarketCap in April 2020.

Launched in 2017, Presearch is a decentralized search engine compensating users for searching on their platform with a cryptocurrency called Presearch (PRE) tokens. “We think the timing for Presearch couldn’t be any better due to the growing backlash against the tech titans like Google, Facebook and Amazon,” Presearch said at the launch. At the time of writing, one PRE token is trading at $0.42, with a market cap of $144 million.

Last month, global tech giant Google listed Presearch as a default browser option for all new and factory-reset Android devices sold in the United Kingdom and Europe.

Presearch, Frontier and Algorand book double-digit gains as altcoins soar

September 9, 2021 Coin Telegraph

Algorand

FRONT, ALGO and PRE rallied in excess of 40% as altcoins capitalize on Bitcoin’s range-bound price action.

On Thursday, bulls made a strong showing as Algorand (ALGO) and Solana (SOL) each steamrolled to new highs even as Bitcoin (BTC) continues to flounder under the $47,000 mark.

The strong performance from the altcoins gives further credence to the argument that the market is in an 'altseason', a phase that is typically characterized by surging altcoin prices when BTC is range-bound.

Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Presearch (PRE), Frontier (FRONT) and Algorand (ALGO).

Presearch integrates Wyre into its marketplace

Presearch, a blockchain-based decentralized search protocol, registered a 61.3% gain in the past 24-hours and it appears that investors reacted positively to the project's recent addition as a search engine option on Android phones.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for PRE on Sept. 5, prior to the recent price rise.

As seen in the chart above, the VORTECS™ Score for PRE elevated into the green zone on Sept. 5 and reached a high of 71 around 84 hours before its price began to increase by 94% over the next day.

The renewed interest in PRE comes following the platform’s integration with Wyre that allows users to purchase PRE tokens directly through the marketplace with a credit card.

Frontier prepares to go mobile

The second-biggest gainer on the 24-hour chart is Frontier, a chain-agnostic decentralized finance aggregator that supports a number of blockchains, including Ethereum, Binance Smart Chain and Harmony.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for FRONT on Sept. 4, prior to the recent price rise.

*VORTECS™ Score (green) vs. FRONT price. Source:* *Cointelegraph Markets Pro*

As seen in the chart above, the VORTECS™ Score for FRONT began to pick up on Sept. 3 and reached a high of 72 on Sept. 4, around 48 hours before the price increased 80% over the next three days.

The surge in price on Sept. 9 comes as the project dropped a teaser video in their Twitter feed hinting at “A New Frontier” for the project and provided a screengrab of the Frontier protocol interface on a smartphone.

Algorand adoption on the rise

Algorand (ALGO), a permissionless pure proof-of-stake blockchain protocol, is once again on the list of top performers after hitting a new multi-year high at $2.48.

According to data from Cointelegraph Markets Pro, market conditions for ALGO have been favorable for some time.

*VORTECS™ Score (green) vs. ALGO price. Source:* *Cointelegraph Markets Pro*

As seen in the chart above, the VORTECS™ Score for ALGO entered the green zone coming into the week and registered a high of 70 on Sept. 4, around 3 days before the price increased by 114%.

The continued bullishness for ALGO comes as the protocol prepares to roll out governance capabilities on Oct. 1 and the project also received a big vote of confidence from the government of El Salvador after it was chosen to help develop the country's blockchain infrastructure.

The overall cryptocurrency market cap now stands at $2.143 trillion and Bitcoin’s dominance rate is 41.1%.

Presearch, Aragon and IOTA explode higher after Bitcoin price clips $50K

September 2, 2021 Coin Telegraph

Presearch, Aragon and IOTA explode higher after Bitcoin price clips K

Adoption

PRE, ANT and MIOTA lead altcoins higher as increasing bullish momentum has analysts calling for Bitcoin price to overtake $50,000.

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

The positive price action hasn’t been limited to the top two market leaders. Many altcoins continue to rally and the 'altseason' indicator from Cointelegraph Markets Pro is signaling that the momentum could continue for a while longer.

Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Presearch (PRE), Aragon (ANT) and IOTA (MIOTA).

Presearch's android app will debut on Chrome

The top performer of the day is Presearch, a blockchain-based, decentralized search engine that is community-driven and 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 Sept. 1, prior to the recent price rise.

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

As seen in the chart above, the VORTECS™ Score for PRE began to rise as the price of PRE started to increase, and reached a high of 73 on Sept. 1, around one hour before its price increased 245% over the next day.

The boost in momentum and price for the project came after the project announced that the Presearch Android application will be added to the 'choice screen' on factory reset phones and it will be available as a default search option on Chrome.

Aragon benefits from its partnership with Polygon

Aragon is an Ethereum network-based protocol 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 with the development of the protocol.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for ANT on Sept. 1, prior to the recent price rise.

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

As seen in the chart above, the VORTECS™ Score for ANT climbed into the green zone on Aug. 31 and reached a high of 71 on Sept. 1, just two hours before its price began to surge by 77% over the next day.

The sudden spike in interest for ANT came following the Sept. 2 announcement that Aragon had partnered with Polygon to help make the process of launching DAOs on the Aragon network more cost-effective.

Protocol updates push IOTA price higher

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

Data from Cointelegraph Markets Pro and TradingView shows that after reaching a low of $0.96 on Sept. 1, the price of MIOTA spiked 55% to an intraday high at $1.50 on Sep. 2 as its 24-hour trading volume surged 234% to $681 million.

*IOTA/USDT 4-hour chart. Source:* *TradingView*

The sudden surge in interest for the project comes after the protocol integrated the Hornet update, which brought back the auto-peering feature and also integrated a faucet plugin with the Hornet node. This makes the process of running a private 'Tangle' easier.

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

Traders seek hefty gains from altcoins while Bitcoin price consolidates

August 16, 2021 Coin Telegraph

Altcoin Watch

SOL, PRE and AR rallied more than 30% while Bitcoin price continues to consolidate around $46,000.

Optimism across the cryptocurrency ecosystem continues to grow on Aug. 16 as multiple altcoins put on double-digit gains and Bitcoin (BTC) bulls defend the $46,000 support level.

Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Solana (SOL), Presearch (PRE) and Arweave (AR).

Solana hits a new all-time high

In the past 24-hours, SOL price soared to hit a new high $69.13 as excitement for the protocol’s new Mango Markets decentralized exchange (DEX) helped to increase demand for SOL.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for SOL on Aug. 11, prior to the recent price rise.

*VORTECS™ Score (green) vs. SOL price. Source:* *Cointelegraph Markets Pro*

As seen in the chart above, the VORTECS™ Score for Solana rose into the green zone on Aug. 10 and reached a high of 77 on Aug. 11, around 4 days before its price increased 62% over the next day.

Presearch pushes higher

The Presearch project is a blockchain-based search engine that is powered by the community and offers a decentralized search engine that allows users to search privately and rewards them for their activity.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for PRE on Aug. 14, prior to the recent price rise.

As seen in the chart above, the VORTECS™ Score for PRE climbed into the green zone on Aug. 13 and reached a high of 70 on Aug. 14, around 26 hours before the price surged 102% over the next day.

Arweave gains 32%

Arweave is a decentralized storage network that utilizes a new type of storage that backs data up with “sustainable and perpetual endowments” that allow users and developers to store data forever.

According to data from Cointelegraph Markets Pro, market conditions for AR have been favorable for some time.

*VORTECS™ Score (green) vs. AR price. Source:* *Cointelegraph Markets Pro*

As seen on the chart above, the VORTECS™ Score for AR was in the green for the majority of the past week and reached a high at 72 on Aug. 14, around 30 hours before the price increased 65% over the next day.

Excitement for the project has been on the rise over the past week as the daily transactions on the network repeatedly hit new record highs.

The overall cryptocurrency market cap now stands at $2.005 trillion and Bitcoin’s dominance rate is 43.5%.

Presearch