{"id":364653,"date":"2021-11-09T22:42:49","date_gmt":"2021-11-09T19:42:49","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/livepeer-loopring-and-keep3rv1-rally-while-bitcoin-tests-underlying-support\/"},"modified":"2021-11-09T22:42:49","modified_gmt":"2021-11-09T19:42:49","slug":"livepeer-loopring-and-keep3rv1-rally-while-bitcoin-tests-underlying-support","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/livepeer-loopring-and-keep3rv1-rally-while-bitcoin-tests-underlying-support\/","title":{"rendered":"# Livepeer, Loopring and Keep3rV1 rally while Bitcoin tests underlying support"},"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-6a2aa5ce56f6f\" 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-6a2aa5ce56f6f\" 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\/livepeer-loopring-and-keep3rv1-rally-while-bitcoin-tests-underlying-support\/#Livepeer_co-hosts_COLLIDE\" >Livepeer co-hosts COLLIDE<\/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\/livepeer-loopring-and-keep3rv1-rally-while-bitcoin-tests-underlying-support\/#Loopring_ramps_up_its_presence_in_the_layer-two_race\" >Loopring ramps up its presence in the layer-two race<\/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\/livepeer-loopring-and-keep3rv1-rally-while-bitcoin-tests-underlying-support\/#Keep3rV1_has_a_community_vote\" >Keep3rV1 has a community vote<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># Livepeer, Loopring and Keep3rV1 rally while Bitcoin tests underlying support <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-128018ef>Altseason rumors are on the rise on Nov. 9 as altcoins capitalize on Bitcoin&#8217;s move to a new all-time high and the ensuing consolidation that tends to occur after (BTC)\u00a0pulls back to retest underlying support levels.<\/p>\n<p>As is often the case when Bitcoin has pullbacks during a bull market, some of the outflows find their way into the altcoin market and the chart below shows this dynamic is at play on Nov. 9.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-11\/1aeff4d8-a4b8-4c21-b064-058d200697fc.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 Livepeer (LPT), Loopring (LRC) and Keep3rV1 (KP3R).<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Livepeer_co-hosts_COLLIDE\"><\/span>Livepeer co-hosts COLLIDE <span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Livepeer is a decentralized video streaming platform built on the Ethereum (ETH) network that looks to offer a viable blockchain-based alternative to centralized broadcasting solutions. <\/p>\n<p>VORTECS\u2122 data from Cointelegraph Markets Pro began to detect a bullish outlook for LPT on Nov. 7, 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\/2021-11\/9198961b-bfb4-40d1-8ce9-7227a7509528.png\"><figcaption style=\"text-align: center;\"><em>VORTECS\u2122 Score (green) vs. LPT price. Source: <\/em><em>Cointelegraph Markets Pro<\/em><\/figcaption><\/figure>\n<p>As seen in the chart above, the VORTECS\u2122 Score for LPT began to pick up on Nov. 7 and climbed to a high of 75 around one hour before the price increased 226% over the next two days to a new record high at $99.83.<\/p>\n<p>The price <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>reciation for LPT comes after the protocol co-hosted the COLLIDE event with the Glass streaming platform, which was the first-ever live concert to include live minting of video nonfungible tokens (NFT).<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Loopring_ramps_up_its_presence_in_the_layer-two_race\"><\/span>Loopring ramps up its presence in the layer-two race<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Loopring is a layer-two (L2) scaling solution for the Ethereum network that utilizes zk-Rollups to help decrease fees and increase throughput for decentralized exchanges (DEX) and payment protocols. <\/p>\n<p>VORTECS\u2122 data from Cointelegraph Markets Pro began to detect a bullish outlook for LRC on Nov. 5, prior to the recent price rise.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-11\/dbc80463-c302-427c-a35d-f00f998e8524.png\"><figcaption style=\"text-align: center;\"><em>VORTECS\u2122 Score (green) vs. LRC price. Source: <\/em><em>Cointelegraph Markets Pro<\/em><\/figcaption><\/figure>\n<p>As seen in the chart above, the VORTECS\u2122 Score for LRC began to pick up on Nov. 4 and reached a high of 72 on Nov. 5, around five hours before the price increased 142% over the next four days.<\/p>\n<p>The sustained momentum for Loopring comes as the layer-two protocol continues to offer lower transaction fees compared to other L2 solutions including Arbitrum and Optimism as fees on the Ethereum network remain elevated. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Kraken predicts $96K BTC price top as analyst says $1T Bitcoin market cap is \u2018now cemented\u2019<\/em><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Keep3rV1_has_a_community_vote\"><\/span>Keep3rV1 has a community vote<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Keep3rV1 is a project designed to help connect projects with outside development sources through the creation of a decentralized, blockchain-based job board.<\/p>\n<p>VORTECS\u2122 data from Cointelegraph Markets Pro began to detect a bullish outlook for KP3R on Nov. 5, prior to the recent price rise. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-11\/77438f90-248a-4826-829f-fb7ce0185a7f.png\"><figcaption style=\"text-align: center;\"><em>VORTECS\u2122 Score (green) vs. KP3R price. Source: <\/em><em>Cointelegraph Markets Pro<\/em><\/figcaption><\/figure>\n<p>As seen in the chart above, the VORTECS\u2122 Score for KP3R was elevated in the green zone for several days and reached a high of 71 on Nov. 5, around 23 hours before the price increased 79% over the next three days. <\/p>\n<p>The spike in price for KP3R comes as the protocol is undergoing a governance vote where token holders get to vote for the top pools on its Fixed Forex decentralized stable coin framework. <\/p>\n<p>The overall cryptocurrency market cap now stands at $2.902 trillion and Bitcoin\u2019s dominance rate is 43.3%.<\/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><\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. 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As is often the case when Bitcoin&#8230;<\/p>\n","protected":false},"author":1,"featured_media":364654,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTEvOWM0YTMzYjQtY2IwMS00ZGM5LThjMDEtYTc3MzliNWU0OTM3LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,74862,74937,74863,74891,74865,95119,75150,105688,73785,1372],"class_list":["post-364653","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-bitcoin","tag-bitcoin-price","tag-cryptocurrencies","tag-ethereum","tag-job","tag-layer2","tag-market-update","tag-markets-pro","tag-markets","tag-streaming"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/364653","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=364653"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/364653\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/364654"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=364653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=364653"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=364653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}