A renewed sense of optimism has returned to the cryptocurrency ecosystem on July 26 as Bitcoin’s (BTC) recovery above $38,900 has sparked a market-wide rally in the altcoins.
Data from Cointelegraph Markets Pro and TradingView shows that the top movers over the past 24 hours are Amp (AMP), Venus (XVS) and Reserve Rights (RSR).
AMP/USD
The top performer over the past 24-hours has been Amp (AMP), a digital collateral token protocol that offers instant, verifiable assurances for any kind of value transfer.
XVS/USDT
Venus (XVS), a Binance Smart Chain-based algorithmic money market and synthetic stablecoin protocol also saw a strong breakout today.
According to the latest data provided by Venus, the protocol currently has more than $3 billion in total value locked on the platform and over $1.8 billion in available liquidity.
RSR/USD
The third-biggest gainer on Monday was Reserve Rights (RSR), a dual-token stablecoin platform comprised of the Reserve stablecoin (RSV), which is backed by a basket of assets managed by smart contracts and the RSR token which helps to keep the price of RSV stable through a system of arbitrage opportunities.
VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for RSR on July 24, prior to the recent price rise.
The VORTECS™ Score, exclusive to Cointelegraph, 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.
The jump in price follows the July 24 upgrade to the protocol which now allows app users to “deposit and withdraw money on Saturdays and Sundays from 6:00 am to 6:00 pm.”
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