On Oct. 4, the wider cryptocurrency market was under pressure as the momentum generated from Bitcoin's ( BTC) weekend peak above $49,000 was overshadowed more globally related concerns about the global financial system and rising inflation.
Many altcoins rallied despite these difficulties and, at the time this article was written, both crypto gaming and decentralized financial sectors continue to grow in popularity.
Data from Cointelegraph Markets Pro, TradingView show that the largest gainers in the last 24 hours were AxieInfinity (AXS), PowerPol (CVP), and Polkastarter(POLS).
Axie Infinity has released new details about its characters
Axie infinity, a blockchain-based battle-and-collecting game, has been a breakout star of 2021. In addition to a stunning 5,000% rally it also helped to expose the public to the potential of play-to earn games and the income possibilities that they offer.
According to Cointelegraph Markets Pro data, the market conditions for AXS are favorable for some time.
Cointelegraph's exclusive VORTECS(tm), Score is an algorithmic comparison between historical and current market conditions. It's based on a combination data points, including trading volume, market sentiment and recent price movements, and tweet activity.
The chart shows that the VORTECS(tm), Score for AXS started to pick up on October 2nd and reached the dark green zone on October 3rd, just an hour before its price rose 51% the following day.
As a result of the rally in price Oct. 4, a live chat with developers leaked new details about future updates including Axie scores that each character will receive to add new abilities and effects to gameplay.
Power Pool Lists on Binance
PowerPool, a decentralized finance protocol, specializes in helping users accumulate governance power through the creation token pools and community vote.
Data from Cointelegraph Markets Pro showing a bullish outlook on CVP, VORTECS(tm), began to be detected on Sept. 29, before the recent price increase.