Swipe, IoTeX and CyberVein lead altcoins higher after Bitcoin hits $46K

Data from CryptoPumpNews Markets Pro shows IOTX, SXP and CVT racking up double-digit gains right as bulls pushed BTC price above $46,000.

Swipe, IoTeX and CyberVein lead altcoins higher after Bitcoin hits $46K

The cryptocurrency market has shown a new level of resilience on Aug. 9 as a majority of tokens have managed to maintain recent gains and Bitcoin price hit a new 3 month high at $46,293.  

Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were IoTeX (IOTX), CyberVein (CVT) and Swipe (SXP).

IOTX/USDT

IoTeX (IOTX), a platform focused on the decentralized internet of things, has been the best performer over the past 24-hours with a gain of 27%.

Data from Cointelegraph Markets Pro and TradingView shows that the price of IOTX rallied 53% from a low of $0.0213 in the early trading hours on Aug. 9 to an intraday high at $0.0326.

Excitement for the project comes following the Aug. 6 launch of ioTube v5 which includes a new cross-chain bridge with Polygon, an Ethereum (ETH) layer-two solution, that enables two-way token swaps between both protocols.

SXP/USD

Over the past 24-hours the project Swipe, which focuses on the development of a card payment infrastructure for the cryptocurrency economy, has seen its token rally by 17.12%.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for SXP on Aug. 8, prior to the recent price rise.

The VORTECS™ Score, exclusive to CryptoPumpNews, is an algorithmic comparison of historic and current market conditions derived from a combination of data points including market sentiment, trading volume, recent price movements and Twitter activity.

As seen on the chart above, the VORTECS™ Score for SXP climbed into the green zone on Aug. 7 and reached a high of 74 on Aug. 8, around seven hours before its price began to increase 23% over the next day.

The surge in excitement for the token came following an announcement from Visa that it had partnered with Swipe, along with 49 other platforms, in an effort “to launch card programs that make it easy to convert and spend digital currency at 70 million merchants worldwide.”

Read the article:  The biggest challenge for crypto exchanges is global price fragmentation

Related: Ethereum could pave way for $100,000 Bitcoin, Bloomberg analyst asserts

CVT/USD

CyberVein, a project which looks to reinvent decentralized databases and the way people store, secure and monetize information, has also seen its price increase 17% on Monday.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for CVT on Aug. 8, prior to the recent price rise.

As seen on the chart above, the VORTECS™ Score for CVT turned green on Aug. 8 and reached a high of 76, around 14 hours before its price began to increase 35% over the next five hours.

The price recovery for CVT comes following the announcement that the daily operations of the project are now being handled by the CyberVein Foundation.

Every trader who trades cryptocurrency on the Binance exchange wants to know about the upcoming pumping in the value of coins in order to make huge profits in a short period of time.
This article contains instructions on how to find out when and which coin will participate in the next “Pump”. Every day, the community on Telegram channel Crypto Pump Signals for Binance publishes 10 free signals about the upcoming “Pump” and reports on successful “Pumps” which have been successfully completed by the organizers of the VIP community.
Watch a video on how to find out about the upcoming cryptocurrency pump and earn huge profits.
These trading signals help earn huge profit in just a few hours after purchasing the coins published on the Telegram channel.Are you already making a profit using these trading signals? If not, then try it!We wish you good luck in trading cryptocurrency and wish to receive the same profit as VIP subscribers of the Crypto Pump Signals for Binance channel.
John Lesley/ author of the article

John Lesley is an experienced trader specializing in technical analysis and forecasting of the cryptocurrency market. He has over 10 years of experience with a wide range of markets and assets - currencies, indices and commodities.John is the author of popular topics on major forums with millions of views and works as both an analyst and a professional trader for both clients and himself.

Leave a Reply