{"id":328165,"date":"2021-08-20T21:01:31","date_gmt":"2021-08-20T18:01:31","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/altcoins-rally-higher-while-bitcoin-bulls-target-50000\/"},"modified":"2021-08-20T21:01:31","modified_gmt":"2021-08-20T18:01:31","slug":"altcoins-rally-higher-while-bitcoin-bulls-target-50000","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/altcoins-rally-higher-while-bitcoin-bulls-target-50000\/","title":{"rendered":"# Altcoins rally higher while Bitcoin bulls target $50,000"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a27e27314750\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a27e27314750\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/altcoins-rally-higher-while-bitcoin-bulls-target-50000\/#Syscoin_celebrates_its_seventh_birthday\" >Syscoin celebrates its seventh birthday<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/altcoins-rally-higher-while-bitcoin-bulls-target-50000\/#TrustSwap_pops_ahead_of_its_NFT_drop\" >TrustSwap pops ahead of its NFT drop<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/altcoins-rally-higher-while-bitcoin-bulls-target-50000\/#New_features_excite_the_PARSIQ_community\" >New features excite the PARSIQ community<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># Altcoins rally higher while Bitcoin bulls target $50,000 <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-128018ef>Bulls officially made their claim clear today as Bitcoin\u00a0price rallied 4.18% to $49,163 and captured the attention of investors who&#8217;ve been waiting for (BTC) to reclaim the $50,000 mark.<\/p>\n<p>The uptick in bullish momentum translated into a wave of green candles from altcoins and the majority of the tokens in the top 200 registered gains.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-08\/4b6d263d-9ea4-40fb-9509-67a325a9c952.png\"><figcaption style=\"text-align: center;\"><em>Top 7 coins with the highest 24-hour price change. Source: <\/em><em>Cointelegraph Markets Pro<\/em><\/figcaption><\/figure>\n<p>Data from Cointelegraph Markets Pro and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/\">TradingView<\/a> shows that the biggest gainers over the past 24-hours were Syscoin (SYS), TrustSwap (SWAP) and PARSIQ (PRQ). <\/p>\n<h2><span class=\"ez-toc-section\" id=\"Syscoin_celebrates_its_seventh_birthday\"><\/span>Syscoin celebrates its seventh birthday<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The best performing coin over the past 24-hours has been Syscoin, a platform that offers low-cost tokens, assets and NFTs secured by the hash rate and censorship resistance of the Bitcoin network. <\/p>\n<p>VORTECS\u2122 data from Cointelegraph Markets Pro began to detect a bullish outlook for SYS on Aug. 15, prior to the recent price rise. <\/p>\n<p>The VORTECS\u2122 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 <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> activity.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-08\/ee2200cb-2a44-45e9-bccc-9306609ee87f.png\"><figcaption style=\"text-align: center;\"><em>VORTECS\u2122 Score (green) vs. SYS price. Source: <\/em><em>Cointelegraph Markets Pro<\/em><\/figcaption><\/figure>\n<p>As seen in the chart above, the VORTECS\u2122 Score for SYS climbed into the green on Aug. 15 and reached a high score of 72, around four days before its price increased by 96%. <\/p>\n<p>The sudden surge in price comes as the Syscoin protocol celebrates its seventh year of operation and is preparing for the upcoming upgrade to Taproot, which will go live in November. <\/p>\n<h2><span class=\"ez-toc-section\" id=\"TrustSwap_pops_ahead_of_its_NFT_drop\"><\/span>TrustSwap pops ahead of its NFT drop<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>TrustSwap is a distributed protocol that refers to itself as a \u201cfull-service digital asset ecosystem\u201d that offers the promise of bringing a new evolution to decentralized finance (DeFi). It specializes in the creation of multi-chain token swaps and is rapidly expanding to include staking features, the ability to mint new tokens and an in-house launchpad. <\/p>\n<p>According to data from Cointelegraph Markets Pro, market conditions for SWAP have been favorable for some time. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-08\/c180475a-9648-43cb-929b-0b67e063c59d.png\"><figcaption style=\"text-align: center;\"><em>VORTECS\u2122 Score (green) vs. SWAP price. Source: <\/em><em>Cointelegraph Markets Pro<\/em><\/figcaption><\/figure>\n<p>As seen in the chart above, the VORTECS\u2122 Score for SWAP had been in the green for the majority of the past week and reached a high of 78 on Aug. 16, around 68 hours before the price increased 51% over the next day.<\/p>\n<p>Excitement for the token has picked up over the past couple of days thanks to an upcoming <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TrustSwap\/status\/1428747175647973380\">NFT drop<\/a>\u00a0scheduled to occur on Aug. 21.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Nifty <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a>: Mike Tyson\u2019s ear-biting tokens, the NFT that makes you a TV star, and more\u2026<\/em><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"New_features_excite_the_PARSIQ_community\"><\/span>New features excite the PARSIQ community<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>PARSIQ, a blockchain-based analytics platform, rallied by 38.53% over the past 24 hours.<\/p>\n<p>VORTECS\u2122 data from Cointelegraph Markets Pro began to detect a bullish outlook for PRQ on Aug. 18, prior to the recent price rise. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-08\/3a3fa406-f4bd-4a8b-8831-43fc47dde3b8.png\"><figcaption style=\"text-align: center;\"><em>VORTECS\u2122 Score (green) vs. PRQ price. Source: <\/em><em>Cointelegraph Markets Pro<\/em><\/figcaption><\/figure>\n<p>As seen in the chart above, the VORTECS\u2122 Score for PRQ climbed into the green on Aug. 18 and reached a high of 71 roughly 26 hours before its price surged by 70% over the next day. <\/p>\n<p>The rapid price escalation came following the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/parsiq_net\/status\/1428339130904236035\">release<\/a> of PARSIQ&#8217;s \u2018User Defined Streams\u2019 which allow projects and developers to \u201cimport their contract and select what contract events they want to enable Smart Triggers for, immediately upon deployment of their contract.\u201d<\/p>\n<p>The overall cryptocurrency market cap now stands at $2.091 trillion and Bitcoin\u2019s dominance rate is 43.7%.<\/p>\n<p class=\"post-content__disclaimer\">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.\n<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/altcoins-rally-higher-while-bitcoin-bulls-target-50-000\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Altcoins rally higher while Bitcoin bulls target $50,000 &#8221; Bulls officially made their claim clear today as Bitcoin\u00a0price rallied 4.18% to $49,163 and captured the attention of investors who&#8217;ve been waiting for (BTC) to reclaim the $50,000 mark. The uptick in bullish momentum translated into a wave of green candles from altcoins and the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":328166,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDgvYWFiNjFkOTEtODM0OS00MDVjLWJhZTEtYWZjZDdlMmJmZTNjLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,88119,74862,74863,74868,74939,105688,104803,73785],"class_list":["post-328165","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-altcoin-watch","tag-bitcoin","tag-cryptocurrencies","tag-defi","tag-market-analysis","tag-markets-pro","tag-syscoin","tag-markets"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/328165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=328165"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/328165\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/328166"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=328165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=328165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=328165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}