Over the weekend, Cointelegraph’s Markets Pro subscription service, which offers institutional-grade research tools for crypto traders, shared its latest VORTECS™ Report with its Discord community.
The report, available only to subscribers, highlights the past week’s biggest-gaining tokens as identified by the system’s artificial intelligence algorithm.
- Ten top altcoins made profits of 50% or greater, half of them rallying following either an 80+ VORTECS™ Score or a timely NewsQuake™.
- The longer, the better: High-scoring coins delivered robust average returns that increased after longer times.
- Listing announcements propelled SRM and Enjin Coin (ENJ) to solid gains.
Four out of ten top-gaining coins of the week were correctly identified by the VORTECS™ algorithm reaching a score of 80 or above. Subscribers who received alerts for those assets via the Markets Pro Discord server were armed with valuable data upon which to make their trading decisions. Among the top-performing coins identified by the platform are:
AUDIO saw a gain of 87.52%. The Audius platform’s token was created with “the mission to give everyone the freedom to distribute, monetize, and stream unstoppable audio,” according to the project’s website.
SOL saw a gain of 74.08%. SOL is the native token of Solana — a fast, secure, censorship-resistant blockchain. On Aug. 16, Solana’s VORTECS™ Score reached 88 against a price of $67.60. After a brief correction, the asset continued to climb, eventually going as high as $80.20.
RAY saw a gain of 55.03%. The platform token supports Raydium, an automated market maker built on the Solana blockchain that leverages the central order book of the Serum decentralized exchange (DEX) to enable lightning-fast trades, shared liquidity and new features for earning yield. RAY’s VORTECS™ Score began to rise sharply as the price of the asset was on the way down from $7.84 to $7.20, suggesting a forthcoming reversal of this negative trend. Sure enough, within a couple of hours, the rally resumed, culminating in a high of $8.24 registered the next day.
FTM saw a gain of 50.33%. The platform token supports Fantom, which is a fast, high-throughput open-source smart contract platform for digital assets and decentralized applications (DApps). On Aug. 15, its VORTECS™ Score began to rise sharply, and FTM approached a local peak of $0.45 some 40 hours later. Traders who entered at that point might have found the next 12 hours unnerving, as FTM briefly dipped back to $0.38. Yet this recoil later proved to be no more than a bump on the road to bigger gains. Having bottomed out at $0.38, the asset opened the second leg of the rally to reach $0.53.
In addition, SRM rode to returns of more than 50% on the news of a Huobi listing, delivered to CT Markets Pro users as a timely NewsQuake™ alert. The NewsQuakes™ algorithm detected the post on Huobi’s website at 2:30 am UTC and immediately alerted the Markets Pro community to the development.
CT Markets Pro is a data intelligence platform for crypto traders that is designed to enhance investors’ decision-making with industry-grade analytics. For more, the full report is available exclusively to members at pro.cointelegraph.com. Delivered every Monday Subscribe to
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