{"id":375597,"date":"2021-12-03T00:09:10","date_gmt":"2021-12-02T21:09:10","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/wazirx-presearch-and-komodo-rally-after-data-shows-a-surge-in-user-activity\/"},"modified":"2021-12-03T00:09:10","modified_gmt":"2021-12-02T21:09:10","slug":"wazirx-presearch-and-komodo-rally-after-data-shows-a-surge-in-user-activity","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/wazirx-presearch-and-komodo-rally-after-data-shows-a-surge-in-user-activity\/","title":{"rendered":"# WazirX, Presearch and Komodo rally after data shows a surge in user activity"},"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-6a3df3da943b6\" 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-6a3df3da943b6\" 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\/wazirx-presearch-and-komodo-rally-after-data-shows-a-surge-in-user-activity\/#WazirX_benefits_from_listing_new_tokens\" >WazirX benefits from listing new tokens<\/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\/wazirx-presearch-and-komodo-rally-after-data-shows-a-surge-in-user-activity\/#Presearch_surpasses_3_million_users\" >Presearch surpasses 3 million users<\/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\/wazirx-presearch-and-komodo-rally-after-data-shows-a-surge-in-user-activity\/#Komodo_launches_a_low_fee_DEX\" >Komodo launches a low fee DEX<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># WazirX, Presearch and Komodo rally after data shows a surge in user activity <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-128018ef>The characteristically volatile nature of the cryptocurrency market is back in full force on Dec. 2 after the optimism of the past couple of days has transformed into fear and Bitcoin price slid back below $57,000.<\/p>\n<p>Despite the pressure being exerted on many of the top cryptocurrencies, several altcoins have managed to buck the trend and post double-digit gains on Dec. 2.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-12\/7608d403-8a34-4bbb-8ac1-3f3e28032adf.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 WazirX (WRX), Presearch (PRE) and Komodo (KMD). <\/p>\n<h2><span class=\"ez-toc-section\" id=\"WazirX_benefits_from_listing_new_tokens\"><\/span>WazirX benefits from listing new tokens<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>WazirX is a India-based cryptocurrency exchange based in India that claims to be the fastest growing and most trusted exchange in the country. <\/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 $1.07 on Nov. 28, the price of WRX surged 74% to reach a daily high of $1.87 on Dec. 2 as its 24-hour trading volume spiked 630% to $432 million. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-12\/684c1657-ead1-4341-a9d6-1efd749e11e1.png\"><figcaption style=\"text-align: center;\"><em>WRX\/USDT 4-hour chart. Source: TradingView<\/em><\/figcaption><\/figure>\n<p>The climbing price of WRX comes as the exchange has been listing new tokens, including popular metaverse tokens like Gala (GALA) and Cocos-BCX (COCOS). <\/p>\n<h2><span class=\"ez-toc-section\" id=\"Presearch_surpasses_3_million_users\"><\/span>Presearch surpasses 3 million users<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Presearch is a blockchain-based decentralized search protocol that allows users to maintain control over their data, conduct searches in private and receive rewards for their search activity <\/p>\n<p>VORTECS\u2122 data from Cointelegraph Markets Pro began to detect a bullish outlook for PRE on Nov. 26, 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\/2021-12\/09fa1923-196f-408c-b663-69bba87fe931.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 began to pick up on Nov. 26, around 57 hours before the price increased 53.78 over the next three days.<\/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 PRE comes as activity on the search engine is on the rise and the protocol now hosts more than three million registered users who conduct more than four million searches per day on average. In November, the network hit a record 103 million searches. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Bitcoin tests traders\u2019 nerves as analyst reissues $400K BTC price forecast<\/em><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Komodo_launches_a_low_fee_DEX\"><\/span>Komodo launches a low fee DEX<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Komodo is an open, composable, multi-chain platform focused on creating business-friendly blockchain solutions that are scalable and interoperable. <\/p>\n<p>VORTECS\u2122 data from Cointelegraph Markets Pro began to detect a bullish outlook for KMD on Nov. 28, prior to the recent price rise. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-12\/668e5eb7-3ed3-4011-8fa1-bb80f037f53d.png\"><figcaption style=\"text-align: center;\"><em>VORTECS\u2122 Score (green) vs. KMD price. Source: <\/em><em>Cointelegraph Markets Pro<\/em><\/figcaption><\/figure>\n<p>As seen in the chart above, the VORTECS\u2122 Score for KMD climbed into the green zone and hit a high of 77 on Nov. 28, around 39 hours before the price increased 80% over the next two days.<\/p>\n<p>The surging interest in KMD comes as the protocol&#8217;s AtomicDEX decentralized exchange underwent an increase in activity thanks to the low fee environment. <\/p>\n<p>The overall cryptocurrency market cap now stands at $2.608 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<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\/wazirx-presearch-and-komodo-rally-after-data-shows-a-surge-in-user-activity\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# WazirX, Presearch and Komodo rally after data shows a surge in user activity &#8221; The characteristically volatile nature of the cryptocurrency market is back in full force on Dec. 2 after the optimism of the past couple of days has transformed into fear and Bitcoin price slid back below $57,000. Despite the pressure being&#8230;<\/p>\n","protected":false},"author":1,"featured_media":375598,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTIvMWVjMjlhNjAtYWQyMy00ZjFjLThiNjEtMzUxYTYzNTRhMGJmLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,88119,74862,74863,74860,74877,74868,75916,120808,105688,114365,73785],"class_list":["post-375597","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-altcoin-watch","tag-bitcoin","tag-cryptocurrencies","tag-cryptocurrency-exchange","tag-decentralized-exchange","tag-defi","tag-dex","tag-komodo","tag-markets-pro","tag-presearch","tag-markets"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/375597","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=375597"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/375597\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/375598"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=375597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=375597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=375597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}