Altcoins Soar After Bitcoin Price Rises From Importance To Average

Bitcoin prices rebounded steadily from its 20-day moving average, fueling explosive rebounds from VGX, CHSB and EWT.

The cryptocurrency market kicked off on August 19 after talks with the Fed to withdraw its stimulus package, sparking a crisis in the global financial system, but the cryptocurrency market picked up in the afternoon as the Bitcoin (BTC) exchanges finally being over. USD 46,000 level.

While most altcoins slowly warmed up on Thursday, some altcoins rose more than 20%, driven by a major overhaul and list changes, leading to competition.

Top 7 tokens with the greatest value in 24 hours. Source: Cointelegraph Markets Pro

The biggest gains over the past 24 hours are Voyager Token (VGX), SwissBorg (CHSB) and Energy Web Token (EWT), according to data from Cointelegraph Markets Pro and TradingView.

Voyager 2.0 is suitable for traders.

VGX is a historical symbol of the Voyager platform, and the Voyager platform is a cryptocurrency brokerage providing trading services to individuals and traders.

Cointelegraph Markets Pro's VORTECS ™ data began rolling out VGX approval on August 16, ahead of the recent price.

Cointelegraph's VORTECS qhab Score is an algorithmic comparison of historical and current markets. The content of this data includes links to market sentiment, volume, recent price movements, and Twitter functionality.

VOTECS ™ gets a credit (green) and a VGX value. Source: Cointelegraph Markets Pro

As noted above, VGX's VORTECS ntsuab rating turned green on August 15 and peaked at 85 on August 16, up to 46 hours before the price increased 100% the next day.

With the constant deployment of VGX and the platform and upgrades to Voyager 2.0, the project is exciting.

SwissBorg soared after the registration of the new stock exchange.

SwissBorg is another platform focused on asset management, providing a community environment for users to trade and store crypto assets.

After hitting $ 0.714 on August 18, the price of CHSB rose 35% to a daily high of $ 0.973, according to data from Cointelegraph Markets Pro and CoinGecko, and 24-hour trading volume rose 445% at $ 16.1 million, according to data from Cointelegraph Markets Pro and CoinGecko.

CHSB / USDT 1 hour chart. Source: CoinGecko

The strong progress of the project is the result of the listing of the CHSB token on the Bitfinex exchange on August 18. According to recent information, the SwissBorg community now has 450,000 user identifiers, proof of the continuity of the ecosystem.

Energy Web Token promises to attract users

The cost of Energy Web Token continues to increase today after restarting the project. Data from Cointelegraph Markets Pro shows that the EWT market has been good for some time.

VOTECS ™ credit (green) and EWT rate. Source: Cointelegraph Markets Pro

As shown in the figure above, EWT's VORTECS ™ score started increasing on August 13 and peaked at 77 on August 14, about 84 hours before the price increase, 33% days later. .

Interest in the project began to increase as regular discussions led by team members explained various aspects of the contract, including the game and the 'swap' user interface.

The total market value of cryptocurrencies is currently $ 1,954 billion, with Bitcoin dominating 43.9%.