Exchange listings and mainnet launch increase SUPER, PBR and BTT prices


The cryptocurrency market is back in a good mood on December 7 after the broad market rebounded from the price of Bitcoin (BTC) on December 3. Currently, the bulls are aiming to send the price of BTC above the support / resistance level of $ 52,000 and Ether (ETH) is trying to recover $ 4,400, but both assets are facing higher resistance.

Even with the consolidation of BTC and ETH, the change in sentiment among traders has been a boon for altcoins and many have seen gains of over 50% in the past 24 hours.

Top 7 coins with the highest price variation over 24 hours. Source: Cointelegraph Markets Pro

Data from Cointelegraph Markets Pro and TradingView shows that some of the biggest winners in the last 24 hours were SuperFarm (SUPER), PolkaBridge (PBR) and BitTorrent (BTT).

SuperFarm listings on Coinbase

SuperFarm is a cross-chain protocol that combines decentralized finance (DeFi) and non-fungible tokens (NFT) to create an ecosystem where NFT creators, collectors and traders can interact in an open marketplace.

Data from Cointelegraph Markets Pro and TradingView shows that after hitting a low of $ 1.02 on December 6, SUPER’s price jumped 81% to a daily high of $ 1.81 on December 7 as its 24-hour trading volume soared 500% to $ 323 million.

SUPER / USDT 4 hour chart. Source: TradingView

SUPER’s price increase comes after the token listed on Coinbase alongside PolkaStarter (POLS) and Spell Token (SPELL).

Related: Coinbase Adds ‘ETH2’ Despite Tomorrow’s Ethereum Upgrade Delaying Difficulty Bomb

PolkaBridge opens registration for IDOs

PolkaBridge is a decentralized multichannel protocol designed to function as the primary bridge between Polkadot and other networks. The platform also supports an all-in-one platform that includes an Automated Market Maker (AMM) with agriculture, lending, token launch pads, prediction markets, and an NFT marketplace. .

Data from Cointelegraph Markets Pro and TradingView shows that after hitting a low of $ 0.85 on December 6, the ACB price catapulted 99.4% to a daily high of $ 1.71 on December 7 as its 24-hour trading volume declined. increased 80% to $ 10.2 million.

The rapid turnaround in the price of PBR comes as the platform has opened registration for several up-and-coming decentralized exchange offers that require users to wager at least 10,000 PBR tokens to qualify for an allocation.

BitTorrent Prepares For Mainnet Launch

BitTorrent is an established peer-to-peer file and torrent sharing platform that has evolved into a more decentralized design over the past two years after being integrated into the Tron ecosystem.

Cointelegraph Markets Pro’s VORTECS â„¢ data began to detect a bullish outlook for BTT on December 4th, ahead of the recent price hike.

The VORTECS â„¢ Score, exclusive to Cointelegraph, is an algorithmic comparison of historical and current market conditions derived from a combination of data points including market sentiment, trade volume, recent price movements and activity Twitter.

VORTECS â„¢ score (green) compared to the price of the BTT. Source: Cointelegraph Markets Pro

As shown in the graph above, the VORTECS â„¢ score for BTT moved into the green zone on December 4 and peaked at 82 about 29 hours before the price rose 75% the following day.

The building momentum for BTT comes as the project makes final preparations for the launch of the BitTorrent chain’s mainnet, which will include a token renaming plan where current BTT holders will receive 1,000 new BTT tokens for each old one. BTT held in their wallet.

The overall cryptocurrency market cap is now $ 2.384 billion and Bitcoin’s dominance rate is 40.7%.

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 comes with risk, you should do your own research before making a decision.


Comments are closed.