{"id":346586,"date":"2021-09-30T22:15:33","date_gmt":"2021-09-30T19:15:33","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/rari-telos-and-polymath-rally-as-bitcoin-price-hits-44k\/"},"modified":"2021-09-30T22:15:33","modified_gmt":"2021-09-30T19:15:33","slug":"rari-telos-and-polymath-rally-as-bitcoin-price-hits-44k","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/rari-telos-and-polymath-rally-as-bitcoin-price-hits-44k\/","title":{"rendered":"# Rari, Telos and Polymath rally as Bitcoin price hits $44K"},"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-6a245dad8bfc9\" 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-6a245dad8bfc9\" 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\/rari-telos-and-polymath-rally-as-bitcoin-price-hits-44k\/#Rari_Capital_TVL_surpasses_500_million\" >Rari Capital TVL surpasses $500 million<\/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\/rari-telos-and-polymath-rally-as-bitcoin-price-hits-44k\/#Telos_pops_as_holders_expect_airdrops\" >Telos pops as holders expect airdrops<\/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\/rari-telos-and-polymath-rally-as-bitcoin-price-hits-44k\/#Polymath_adds_new_security_tokens\" >Polymath adds new security tokens<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># Rari, Telos and Polymath rally as Bitcoin price hits $44K <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-128018ef>Crypto traders breathed a sigh of relief on Sept. 30 after <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a> headlines reflected positive <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> regarding adoption and future regulation in the crypto sector. Early in the day, Visa announced that it has developed a layer-2-based\u00a0blockchain interoperability hub that will support cryptocurrency payments and Federal Reserve chair Jerome Powell stated that the regulator has no intention to ban cryptocurrencies.<\/p>\n<p>The rise in sentiment coincided with a positive day for the price action in Bitcoin, which is up 5.74% and trading near $44,000 at the time of writing.\u00a0<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-09\/b2271664-1826-4fdc-998a-6758fd06721e.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 Rari Governance Token (RGT), Polymath (POLY) and Telos (TLOS). <\/p>\n<h2><span class=\"ez-toc-section\" id=\"Rari_Capital_TVL_surpasses_500_million\"><\/span>Rari Capital TVL surpasses $500 million<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Rari Governance Token is the native token of Rari Capital that allows users to direct the future of the project&#8217;s DeFi protocol. <\/p>\n<p>According to data from Cointelegraph Markets Pro, market conditions for RGT have been favorable for some time. <\/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 Twitter activity.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-09\/ab51becb-e844-49a2-abf5-c16d6ab39576.png\"><figcaption style=\"text-align: center;\"><em>VORTECS\u2122 Score (green) vs. RGT price. Source: <\/em><em>Cointelegraph Markets Pro<\/em><\/figcaption><\/figure>\n<p>As shown in the chart above, the VORTECS\u2122 Score for RGT first climbed into the green zone on Sept. 25 and eventually reached a high of 82 on Sept. 28, around 33 hours before its price began to increase by 29% over the next day. <\/p>\n<p>The boost in the price of RGT comes as the community celebrates the Rari Capital protocol surpassing $500 million in total value locked as it strives to now break above the $1 billion mark. <\/p>\n<h2><span class=\"ez-toc-section\" id=\"Telos_pops_as_holders_expect_airdrops\"><\/span>Telos pops as holders expect airdrops<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Telos is a blockchain network based on the EOSIO network that focuses on enabling the creation of smart contracts for nonfungible tokens (NFT), DeFi, gaming and social media.<\/p>\n<p>According to data from Cointelegraph Markets Pro, market conditions for TLOS have been favorable for some time. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-09\/ed962ee0-6b47-4ca4-8d7a-f04bf6b82b91.png\"><figcaption style=\"text-align: center;\"><em>VORTECS\u2122 Score (green) vs. TLOS price. Source: <\/em><em>Cointelegraph Markets Pro<\/em><\/figcaption><\/figure>\n<p>As shown in the chart above, the VORTECS\u2122 Score for TLOS has been elevated in the green zone for the majority of the past week and reached a high of 73 on Sept. 28, around the same time as the price began to increase by 42% over the next two days. <\/p>\n<p>The surge in price for TLOS comes as the community has been active and excited about an ongoing airdrop for the Fortis and Destiny World projects which was designed to show the Ethereum Virtual Machine&#8217;s (EVM) capabilities of the Telos network&#8217;s capacity to offer a flat gas price. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>$1B <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/sciencee\/\" data-internallinksmanager029f6b8e52c=\"5\" title=\"Science\" target=\"_blank\" rel=\"noopener\">science<\/a> fund seeks blockchain projects to expand human lifespan<\/em><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Polymath_adds_new_security_tokens\"><\/span>Polymath adds new security tokens<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Polymath is a decentralized protocol that operates on the Ethereum (ETH) network and focuses on the developing <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> that allows for the creation, issuance and management of digital securities on the blockchain. <\/p>\n<p>Data from Cointelegraph Markets Pro and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/\">TradingView<\/a> shows that after hitting a low of $0.51 on Sept. 29, the price of POLY has rallied 51.58% to a daily high at $0.772 on Sept. 30 as its 24-hour trading volume spiked from an average of $21 million to $544 million. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-09\/31bdfb79-5601-4704-b655-6d3928bc6f99.png\"><figcaption style=\"text-align: center;\"><em>POLY\/USDT 4-hour chart. Source: TradingView<\/em><\/figcaption><\/figure>\n<p>The spike in price and trading volume for POLY come as the developers behind the protocol continue to update and expand the network\u2019s capabilities while new projects such as RedSwan and its commercial real estate marketplace launch on the Polymath network. <\/p>\n<p>The overall cryptocurrency market cap now stands at $1.91 trillion and Bitcoin\u2019s dominance rate is 42.7%.<\/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<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\/rari-telos-and-polymath-rally-as-bitcoin-price-hits-44k\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Rari, Telos and Polymath rally as Bitcoin price hits $44K &#8221; Crypto traders breathed a sigh of relief on Sept. 30 after media headlines reflected positive news regarding adoption and future regulation in the crypto sector. Early in the day, Visa announced that it has developed a layer-2-based\u00a0blockchain interoperability hub that will support cryptocurrency&#8230;<\/p>\n","protected":false},"author":1,"featured_media":346587,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDkvNTdjMDBhNGEtNDg3Mi00ZGU5LWFjMjEtNjY5ZWYyZWUxODIxLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[84148,74867,74862,74937,74863,74860,74868,74904,74891,75150,105688,95118,73785,72287],"class_list":["post-346586","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-airdrop","tag-altcoin","tag-bitcoin","tag-bitcoin-price","tag-cryptocurrencies","tag-cryptocurrency-exchange","tag-defi","tag-eos","tag-ethereum","tag-market-update","tag-markets-pro","tag-nft","tag-markets","tag-security"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/346586","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=346586"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/346586\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/346587"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=346586"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=346586"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=346586"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}