{"id":330806,"date":"2021-08-26T23:15:24","date_gmt":"2021-08-26T20:15:24","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/altcoins-sell-off-while-exchange-listings-boost-coti-and-conflux-network\/"},"modified":"2021-08-26T23:15:24","modified_gmt":"2021-08-26T20:15:24","slug":"altcoins-sell-off-while-exchange-listings-boost-coti-and-conflux-network","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/altcoins-sell-off-while-exchange-listings-boost-coti-and-conflux-network\/","title":{"rendered":"# Altcoins sell-off while exchange listings boost COTI and Conflux Network"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_89 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-6aef24f5f2dde\" 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-6aef24f5f2dde\" 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-sell-off-while-exchange-listings-boost-coti-and-conflux-network\/#COTI_rallies_after_listing_on_Coinbase\" >COTI rallies after listing on Coinbase<\/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-sell-off-while-exchange-listings-boost-coti-and-conflux-network\/#XYO_volume_surges\" >XYO volume surges<\/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-sell-off-while-exchange-listings-boost-coti-and-conflux-network\/#Conflux_Network_expands_its_NFT_ecosystem\" >Conflux Network expands its NFT ecosystem<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># Altcoins sell-off while exchange listings boost COTI and Conflux Network <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-128018ef>Bears pressed harder on the market today after Bitcoin (BTC)\u00a0\u00a0continued its pullback to an intra-day low at $46,250 and altcoins nursed near double-digit losses.<\/p>\n<p>While most of the market is seeing red a few altcoins managed to notch notable gains due to exchange listings and new staking opportunities.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-08\/f07b9ed7-88e7-4427-85e9-228977f4d4bc.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 COTI (COTI), XYO Network (XYO) and Conflux Network (CFX).<\/p>\n<h2><span class=\"ez-toc-section\" id=\"COTI_rallies_after_listing_on_Coinbase\"><\/span>COTI rallies after listing on Coinbase<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The top-performing coin over the past 24-hours was COTI, an enterprise-grade fintech platform focused on decentralized payments. <\/p>\n<p>VORTECS\u2122 data from Cointelegraph Markets Pro began to detect a bullish outlook for COTI on Aug. 22, 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\/90c897c5-bea7-47f4-ba26-3271ecb3b1c7.png\"><figcaption style=\"text-align: center;\"><em>VORTECS\u2122 Score (green) vs. COTI price. Source: <\/em><em>Cointelegraph Markets Pro<\/em><\/figcaption><\/figure>\n<p>As seen in the chart above, the VORTECS\u2122 Score for COTI turned solidly green on Aug. 22 and proceeded to climb to a high of 79 on Aug. 25, around 2 hours before the price increased 81% over the next day. <\/p>\n<p>The burst of momentum for COTI came after it was\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CoinbasePro\/status\/1430676268836589570\">announced<\/a> that the token would list on Coinbase Pro and Huobi, two of the largest cryptocurrency exchanges by daily trading volume. <\/p>\n<h2><span class=\"ez-toc-section\" id=\"XYO_volume_surges\"><\/span>XYO volume surges<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The XYO Network is comprised of a network of devices that anonymously collect and validate data with a geographic component (geospatial). All data obtained from the tracking devices on the network are stored on the XYO blockchain.<\/p>\n<p>VORTECS\u2122 data from Cointelegraph Markets Pro began to detect a bullish outlook for XYO on Aug. 21, prior to the recent price rise. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-08\/9614eee7-3552-4643-90bc-620c9eb97100.png\"><figcaption style=\"text-align: center;\"><em>VORTECS\u2122 Score (green) vs. XYO price. Source: <\/em><em>Cointelegraph Markets Pro<\/em><\/figcaption><\/figure>\n<p>As seen in the chart above, the VORTECS\u2122 Score for XYO climbed into the green zone on Aug. 21 and reached a high of 72, around 67 hours before its price increased 36% over the next two days. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Forget Lambos, NFTs are the new crypto status symbol<\/em><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conflux_Network_expands_its_NFT_ecosystem\"><\/span>Conflux Network expands its NFT ecosystem<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Conflux Network is a public, permissionless blockchain network that has the goal of bridging the communities and economies of Asian and Western societies in order to facilitate the secure and interoperable flow of assets and data.<\/p>\n<p>Data from Cointelegraph Markets Pro and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/CFXUSDT\/\">TradingView<\/a> shows that after hitting a low of $0.269 on Aug. 25, the price of CFX rallied 40% to an intraday high at $0.377 on Aug. 26 as its 24-hour trading volume surged by 242% to $66 million. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-08\/4aac2abb-f76f-4ae7-b249-574ec11ac4b4.png\"><figcaption style=\"text-align: center;\"><em>CFX\/USDT 4-hour chart. Source: <\/em><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/CFXUSDT\/\"><em>TradingView<\/em><\/a><\/figcaption><\/figure>\n<p>The sudden price surge comes as the CFX ecosystem works on\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/ART101_Org\/status\/1430373461839343624\">building out<\/a> its NFT ecosystem and the token <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ears to have also benefited from recently being listed on the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Conflux_Network\/status\/1428717688256405509\">Mexo<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Conflux_Network\/status\/1429983849963003906\">Tokocrypto<\/a>\u00a0exchange. <\/p>\n<p>The overall cryptocurrency market cap now stands at $1.993 trillion and Bitcoin\u2019s dominance rate is 41.2%.<\/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. 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While most of the market is seeing red a few altcoins managed to notch notable gains due to exchange&#8230;<\/p>\n","protected":false},"author":1,"featured_media":330807,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDgvYjQxY2VlZWMtMGM5OC00NWMxLThjNGUtNjc5ZjdhYjMxOTM2LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,88119,74956,74863,74860,75591,75150,105688,114946,73785],"class_list":["post-330806","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-altcoin-watch","tag-coinbase","tag-cryptocurrencies","tag-cryptocurrency-exchange","tag-huobi","tag-market-update","tag-markets-pro","tag-xyo-network","tag-markets"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/330806","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=330806"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/330806\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/330807"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=330806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=330806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=330806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}