{"id":416031,"date":"2022-03-14T20:30:45","date_gmt":"2022-03-14T17:30:45","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/todays-biggest-crypto-gainers-why-req-mft-and-key-rallied-over-20\/"},"modified":"2022-03-14T20:30:45","modified_gmt":"2022-03-14T17:30:45","slug":"todays-biggest-crypto-gainers-why-req-mft-and-key-rallied-over-20","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/todays-biggest-crypto-gainers-why-req-mft-and-key-rallied-over-20\/","title":{"rendered":"# Today&#8217;s biggest crypto gainers: Why REQ, MFT and KEY rallied over 20%"},"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-6a3df9ce29c4c\" 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-6a3df9ce29c4c\" 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-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/todays-biggest-crypto-gainers-why-req-mft-and-key-rallied-over-20\/#%E2%80%9D_Todays_biggest_crypto_gainers_Why_REQ_MFT_and_KEY_rallied_over_20_%E2%80%9C\" >&#8221; Today&#8217;s biggest crypto gainers: Why REQ, MFT and KEY rallied over 20% &#8220;<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/todays-biggest-crypto-gainers-why-req-mft-and-key-rallied-over-20\/#Metaverse_payments_with_Request_Network\" >Metaverse payments with Request Network<\/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\/todays-biggest-crypto-gainers-why-req-mft-and-key-rallied-over-20\/#Hifi_Finance_adds_community_governance\" >Hifi Finance adds community governance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/todays-biggest-crypto-gainers-why-req-mft-and-key-rallied-over-20\/#Decentralized_identity_management\" >Decentralized identity management<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Todays_biggest_crypto_gainers_Why_REQ_MFT_and_KEY_rallied_over_20_%E2%80%9C\"><\/span>&#8221; Today&#8217;s biggest crypto gainers: Why REQ, MFT and KEY rallied over 20% &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-128018ef>Cryptocurrency bulls continued to face stiff headwinds headed into the week of March 14 that began with a vote in Europe about whether to outlaw proof-of-work cryptocurrencies, which was ultimately <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/finbold.com\/breaking-eu-parliament-votes-against-ban-on-proof-of-work-mechanism-underlying-cryptos-like-bitcoin\/\">rejected<\/a>.\u00a0<\/p>\n<p>Despite these pressures, however, several cryptocurrency projects have managed to post gains in excess of 20% on March 14, thanks to new partnerships and protocol updates.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-03\/d2c128e7-9b6c-4fdc-9d0b-7335ae3c5943.png\" alt=\"\" title=\"\"><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 Request Network (REQ), Hifi Finance (MFT) and Selfkey (KEY). <\/p>\n<h2><span class=\"ez-toc-section\" id=\"Metaverse_payments_with_Request_Network\"><\/span>Metaverse payments with Request Network<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Request Network (REQ) is an Ethereum-based decentralized payment system that allows users to create, share or fulfill a request for payment through secure channels without the need for an inter<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>ry.<\/p>\n<p>VORTECS\u2122 data from Cointelegraph Markets Pro began to detect a bullish outlook for REQ on March 13, 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 Twitter activity.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-03\/c3d8b4f0-bb19-4c4e-9787-c2b56d19aefe.png\" alt=\"\" title=\"\"><figcaption style=\"text-align: center;\"><em>VORTECS\u2122 Score (green) vs. REQ price. Source: <\/em><em>Cointelegraph Markets Pro<\/em><\/figcaption><\/figure>\n<p>As seen in the chart above, the VORTECS\u2122 Score for REQ began to pick up on March 13, around eight hours before the price increased 45% over the next day.<\/p>\n<p>The increase in momentum for REQ comes following the addition of support for the Jarvis Network\u2019s Euro stablecoin (jEUR) to go along with the project\u2019s ongoing push to become the go-to payment provider for activities in the evolving Metaverse. <\/p>\n<h2><span class=\"ez-toc-section\" id=\"Hifi_Finance_adds_community_governance\"><\/span>Hifi Finance adds community governance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Hifi Finance is a decentralized lending protocol that allows crypto holders to borrow against the value in their assets using bond-like instruments that represent an on-chain obligation that settles on a specified date in the future. <\/p>\n<p>Data from Cointelegraph Markets Pro and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/\">TradingView<\/a> shows that since hitting a low of $0.006 on March 6, the price of MFT climbed 5% to hit a daily high at $0.009 on March 14 as its 24-hour trading volume spiked 1,131% to $235 million. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-03\/f7776839-6af5-44ff-bfb6-0e90a1848917.png\"><figcaption style=\"text-align: center;\"><em>MFT\/USDT 4-hour chart. Source: TradingView<\/em><\/figcaption><\/figure>\n<p>The sudden spike in price and trading volume for MFT follows an announcement that Hifi Finance will soon be integrating governance capabilities for MFT holders who will be able to create and vote on proposals regarding the future development of the protocol. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Bitcoin could crush Russian ruble by rising another 140%, classic technical setup suggests<\/em><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Decentralized_identity_management\"><\/span>Decentralized identity management<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Selfkey (KEY) is a blockchain-based identity platform that is looking to advance the Know Your Customer (KYC) process and support the ethos of Self-Sovereign Identity through its KYC-Chain. <\/p>\n<p>VORTECS\u2122 data from Cointelegraph Markets Pro began to detect a bullish outlook for REQ on March 7, prior to the recent price rise. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-03\/db7c194a-010e-4796-ba70-a25125818191.png\" alt=\"\" title=\"\"><figcaption style=\"text-align: center;\"><em>VORTECS\u2122 Score (green) vs. KEY price. Source: <\/em><em>Cointelegraph Markets Pro<\/em><\/figcaption><\/figure>\n<p>As seen in the chart above, the VORTECS\u2122 Score for KEY elevated into the green on March 7 and hit a high of 85 around 72 hours before the price began to increase 35.6% over the next four days.<\/p>\n<p>The turnaround in the price of KEY comes as the project works to integrate SelfKey and its KYC-Chain decentralized identity management system across the cryptocurrency ecosystem as a way to satisfy global KYC\/Anti-Money Laundering regulations. <\/p>\n<p>The overall cryptocurrency market cap now stands at $1.732 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>\n<\/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\/today-s-biggest-crypto-gainers-why-req-mft-and-key-rallied-over-20\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Today&#8217;s biggest crypto gainers: Why REQ, MFT and KEY rallied over 20% &#8220; Cryptocurrency bulls continued to face stiff headwinds headed into the week of March 14 that began with a vote in Europe about whether to outlaw proof-of-work cryptocurrencies, which was ultimately rejected.\u00a0 Despite these pressures, however, several cryptocurrency projects have managed to&#8230;<\/p>\n","protected":false},"author":1,"featured_media":416032,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDMvNDVjZjg2NmItZDcxZi00NmZjLWIzODYtNjllMTFmODg2ODM5LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,88119,74863,74877,74868,76174,75150,105688,74889,73785],"class_list":["post-416031","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-altcoin-watch","tag-cryptocurrencies","tag-decentralized-exchange","tag-defi","tag-identity","tag-market-update","tag-markets-pro","tag-payments","tag-markets"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/416031","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=416031"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/416031\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/416032"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=416031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=416031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=416031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}