{"id":337087,"date":"2021-09-09T23:20:48","date_gmt":"2021-09-09T20:20:48","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/presearch-frontier-and-algorand-book-double-digit-gains-as-altcoins-soar\/"},"modified":"2021-09-09T23:20:48","modified_gmt":"2021-09-09T20:20:48","slug":"presearch-frontier-and-algorand-book-double-digit-gains-as-altcoins-soar","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/presearch-frontier-and-algorand-book-double-digit-gains-as-altcoins-soar\/","title":{"rendered":"# Presearch, Frontier and Algorand book double-digit gains as altcoins soar"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 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-6a3be5e91d2f9\" 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-6a3be5e91d2f9\" 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\/presearch-frontier-and-algorand-book-double-digit-gains-as-altcoins-soar\/#Presearch_integrates_Wyre_into_its_marketplace\" >Presearch integrates Wyre into its marketplace<\/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\/presearch-frontier-and-algorand-book-double-digit-gains-as-altcoins-soar\/#Frontier_prepares_to_go_mobile\" >Frontier prepares to go mobile<\/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\/presearch-frontier-and-algorand-book-double-digit-gains-as-altcoins-soar\/#Algorand_adoption_on_the_rise\" >Algorand adoption on the rise<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># Presearch, Frontier and Algorand book double-digit gains as altcoins soar <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-128018ef>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.\u00a0<\/p>\n<p>The strong performance from the altcoins gives further credence to the argument that the market is in an &#8216;altseason&#8217;, a phase that is typically characterized by surging altcoin prices when BTC is range-bound.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-09\/5f2696dd-3153-4b53-98bd-09016a1f6504.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 Presearch (PRE), Frontier (FRONT) and Algorand (ALGO).<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Presearch_integrates_Wyre_into_its_marketplace\"><\/span>Presearch integrates Wyre into its marketplace<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Presearch, a blockchain-based decentralized search protocol, registered a 61.3% gain in the past 24-hours and it <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 that investors reacted positively to the project&#8217;s recent addition as a search engine option on Android phones. <\/p>\n<p>VORTECS\u2122 data from Cointelegraph Markets Pro began to detect a bullish outlook for PRE on Sept. 5, prior to the recent price rise. <\/p>\n<p>The VORTECS\u2122 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 <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\/2021-09\/3360da46-46de-40d2-99e9-4a429fc88013.png\"><figcaption style=\"text-align: center;\"><em>VORTECS\u2122 Score (green) vs. PRE price. Source: <\/em><em>Cointelegraph Markets Pro<\/em><\/figcaption><\/figure>\n<p>As seen in the chart above, the VORTECS\u2122 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. <\/p>\n<p>The renewed interest in PRE comes following the platform\u2019s <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/presearchnews\/status\/1435699134384599045\">integration<\/a> with Wyre that allows users to purchase PRE tokens directly through the marketplace with a credit card. <\/p>\n<h2><span class=\"ez-toc-section\" id=\"Frontier_prepares_to_go_mobile\"><\/span>Frontier prepares to go mobile<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>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. <\/p>\n<p>VORTECS\u2122 data from Cointelegraph Markets Pro began to detect a bullish outlook for FRONT on Sept. 4, prior to the recent price rise.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-09\/6c4add12-65cd-48ee-ba69-d91c5fecda37.png\"><figcaption style=\"text-align: center;\"><em>VORTECS\u2122 Score (green) vs. FRONT price. Source: <\/em><em>Cointelegraph Markets Pro<\/em><\/figcaption><\/figure>\n<p>As seen in the chart above, the VORTECS\u2122 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. <\/p>\n<p>The surge in price on Sept. 9 comes as the project <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/FrontierDotXYZ\/status\/1435931179706814466\">dropped<\/a> a teaser video in their Twitter feed hinting at \u201cA New Frontier\u201d for the project and provided a screengrab of the Frontier protocol interface on a smartphone. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>El Salvador adoption a \u2018coming of age\u2019 for Bitcoin, says Fidelity exec<\/em><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Algorand_adoption_on_the_rise\"><\/span>Algorand adoption on the rise<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>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.<\/p>\n<p>According to data from Cointelegraph Markets Pro, market conditions for ALGO have been favorable for some time. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-09\/a2ad2620-9270-40c8-a618-18f409ed2b70.png\"><figcaption style=\"text-align: center;\"><em>VORTECS\u2122 Score (green) vs. ALGO price. Source: <\/em><em>Cointelegraph Markets Pro<\/em><\/figcaption><\/figure>\n<p>As seen in the chart above, the VORTECS\u2122 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%.<\/p>\n<p>The continued bullishness for ALGO comes as the protocol prepares to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/AlgoFoundation\/status\/1432248468387532800\">roll out<\/a> 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&#8217;s blockchain infrastructure. <\/p>\n<p>The overall cryptocurrency market cap now stands at $2.143 trillion and Bitcoin\u2019s dominance rate is 41.1%.<\/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 <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> 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\/presearch-frontier-and-algorand-book-double-digit-gains-as-altcoins-soar\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Presearch, Frontier and Algorand book double-digit gains as altcoins soar &#8221; 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.\u00a0 The strong performance from the altcoins gives further credence to the argument that the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":337088,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDkvNWRkYjcwYWMtYTU2OS00MjE0LTlmZmQtNTk3MTI3YzQ1ZGYyLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[75866,74867,81262,74868,75150,105688,114365,74876,61965,73785],"class_list":["post-337087","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-algorand","tag-altcoin","tag-cryptomarket","tag-defi","tag-market-update","tag-markets-pro","tag-presearch","tag-proof-of-stake","tag-frontier","tag-markets"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/337087","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=337087"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/337087\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/337088"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=337087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=337087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=337087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}