It’s been another great week for altcoins as the total market capitalization of all cryptocurrencies moves within spitting distance of the $2 trillion mark.
And it’s been equally positive for the Cointelegraph Markets Pro platform, which tracks crypto market conditions and real-time headline news in the blockchain industry to deliver market intelligence for every investor.
Markets Pro offers two unique features: The VORTECS
In this weekly report we analyze the most important highlights from the week’s events on Markets Pro.
Score gains this week
Between March 26 and April 1, the three best-performing assets identified by Cointelegraph Markets Pro were Storj (+121%), Filecoin (+115%), and Holochain (+111%). All three rode green waves powered by patterns of trading and social activity that the VORTECS
As the graph above demonstrates, the cloud storage token STORJ recorded a streak of high VORTECS
This price increase could also be explained by the effect of Storj-USDT margin swaps being listed on Huobi Futures the same day, an announcement captured in a NewsQuake
Analyzing Filecoin (FIL) and Holochain (HOT)
Indeed, this has been a good week for storage coins. The second-best performer, Filecoin, pulled off a rally that saw it appreciate from around $125 to $233 in two days.
As seen in the graph above, some 24 hours before the price took off Filecoin’s VORTECS
The rise of another big winner of the week, Holochain (seen below), also unfolded following a sequence of strong VORTECS
: The relationship between the score and Newsquakes
Some users wondered whether NewsQuakes
In fact, some of the NewsQuakes
That said, oftentimes the two work in conjunction. The example of Filecoin already mentioned above showcases how a high VORTECS
In other cases, a positive VORTECS
Analyzing 0x (ZRX)
The graph above shows the price of 0x starting to climb steadily after the news of the asset’s listing on OKEx went public — all while the VORTECS
Testing results: Week’s top strategies
This week, 17 of the 42 VORTECS
The table below contains information on ROI that the top-5 strategies of the week have generated up to April 1st 2021. For more context, you can also see these strategies’ monthly and all-time returns (tracked since January 5th 2021).
These strategies are designed to represent benchmarks for the VORTECS
Testing results: All-time leaders
The table below presents three best all-time strategies in each category (score-based and time-based) and their performance this week. As the table demonstrates, strategies that do well in the long run can have a downward blip in any given week: Buy at 90 / Sell after 168 hours is a particularly conspicuous example this time. At the same time, two of the all-time best have also had a solid showing this week.
New alerts system
A total of 107 VORTECS
One of the most frequent requests we’ve been getting from the community is to enable notifications at different levels of the VORTECS
A total of 86 NewsQuake
Markets Pro also tracks the most consequential news identified by NewsQuakes
· Storj listing on Coinbase: +161% peak return
· Ankr Network listing on Coinbase: +109% peak return
· Filecoin’s partnership with Chainlink: +48% peak return
Cointelegraph Markets Pro is available exclusively to subscribers on a monthly basis at $99 per month, or annually with two free months included. It carries a 14-day money-back policy to ensure that it fits the crypto trading and investing research needs of subscribers, and members can cancel anytime.
Cointelegraph is a publisher of financial information, not an investment adviser. We do not provide personalized or individualized investment advice. Cryptocurrencies are volatile investments and carry significant risk including the risk of permanent and total loss. Past performance is not indicative of future results. Figures and charts are correct at the time of writing. Consult your financial advisor before making financial decisions. Full terms and conditions.