Cryptocurrency

Ethereum up 20% in April while Markets Pro sees 379% gain in one day

Cointelegraph Markets Pro stunned traders on April 8th with a massive 379% gain from a single alert. The AI-powered crypto trading platform detects market-moving events as they happen. One of the indicators pointing to these events is the VORTECS™ score.

On April 7th, the OG Fan Token was getting ready for a remarkable rally. OG Fan Token is a cryptocurrency created for esports clubs to interact easier with their fans. In partnership with the blockchain mobile applications Socios.com, the OG esports club powered by the CHZ token aims to enhance the sporting experience. OG’s rally this week was followed by an interest spike in fan tokens like CITY and BAR.

The token was trading at $2.90 when its VORTECS™ score — a historical “snapshot” comparison between current and past market conditions for individual coins — rose above 75. Over the next 24 hours, OG’s price skyrocketed to $13.90. That’s a remarkable jump of 379%!

Five days later, traders could have captured additional gains as OG took off again. On April 13th, a VORTECS™ score of 80 lit up. Over the next 24 hours, the token saw a rapid rise of 40%.

Anyone with access to Markets Pro had a chance to capture these gains which stand in stark contrast to Ethereum’s performance so far in April. Ethereum had the historic “Shanghai Capella” upgrade allowing token withdrawals to be made from the deposit contract.

The upgrade effectively unlocked $36.4 billion in staked ETH and drove the token’s price from $1,775 at the start of April to as high as $2,132 — a lackluster gain of just over 20%.

Cointelegraph Markets Pro, on the other hand, delivered multiple alerts that led to significant gains in the underlying tokens associated with those alerts. A summary of these results are provided in the weekly VORTECS™ Report. Since March 26th a number of winning trade opportunities stand out.

VORTECS™ Alerts

Rocket Pool (RPL) — 45% gain

RPL was one of many high VORTECS™ assets this week! On April 13th a strong score of 80 was flashing when the asset was trading at $42.18. The price soon began a sharp ascent, peaking at $60.97 on April 17th! That’s an increase of 45%!

A green score of 75 also briefly flashed on April 15th when RPL was trading at $52.53. Traders who bought this price point could’ve seen a 16% gain in just 2 days!

RPL is the utility and governance token of Rocket Pool, a liquid staking protocol on Ethereum. The project is the first Ethereum staking pool that is fully decentralized.

Tweet & Trade Volume Gainers

Swipe (SXP) — 163% gain

SXP appeared on the Tweet, Trade, and Most Active On-Chain 24hr charts from March 28th-31st. At the time of its appearance on March 28th it was trading at $0.29 and on April 3rd it peaked at $0.764. That’s a whopping increase of 163%!

SXP is the native token of Swipe, a cryptocurrency wallet ecosystem that allows easy exchanges of fiat money on different transactions and trading platforms.

Trade Volume Gainers

Icon (ICX) — 76% gain

ICX topped the Trading Volume chart on April 2nd when it was trading at $0.282. Just three days later, its price rose to $0.464, an impressive increase of 76%!

ICX is the native token of ICON, a blockchain network that aims to create a digital economy in which the ICON Network hosts other blockchain-based networks.

A history of positive weekly gains

Cointelegraph Markets Pro delivered more than 204 alerts that led to double-digit gains in 2022. That is an average of four winning alerts per week and 17 winning alerts per month. This year the crypto trading platform continues to alert members to these kinds of potential winning trades regardless of market conditions.

With new upgrades to the platform, Markets Pro 2.0 now includes not only the legacy AI indicators such as — the VORTECS™ Score and Newsquakes™ alerts — but also a diversified range of new indicators including Top Exchange Inflows, Top Exchange Outflows, and Most Active On-Chain.

The additional indicators offer members of the Markets Pro community an opportunity to find more trading opportunities than ever before.

See how Cointelegraph Markets Pro delivers market-moving data before this information becomes public knowledge.

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 or as otherwise specified. Live-tested strategies are not recommendations. Consult your financial adviser before making financial decisions.

All ROIs quoted are accurate as of April 24, 2023…

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