Bullish sentiment returned to the cryptocurrency ecosystem on Oct. i afterwards a 10% fasten in the toll of Bitcoin (BTC) lifted it above the $47,500 level and resulted in the liquidation of more than $270 million in brusk positions.

The altcoin market quickly followed suit with a bulk of the tokens in the elevation 200 registering double-digit gains for the day.

Top vii coins with the highest 24-hour price modify. Source: Cointelegraph Markets Pro

Information from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the by 24 hours were Oasis Network'due south ROSE token, Axie Infinity Shards (AXS) and Icon's ICX token.

The allure of privacy draws traders to Oasis Network

Oasis Network is a privacy-enabled blockchain designed for open up finance and the creation of a responsible data economy.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for ROSE on Sept. 30, prior to the recent toll rise.

The VORTECS™ Score, exclusive to Cointelegraph, is an algorithmic comparison of historical and current market conditions derived from a combination of data points including market sentiment, trading volume, recent cost movements and Twitter activity.

VORTECS™ Score (light-green) vs. ROSE price. Source: Cointelegraph Markets Pro

Every bit seen in the chart above, the VORTECS™ Score for ROSE began to choice up on Sept. 29 and climbed to a high of 74 on Sept. thirty, around 3 hours before the price increased 60% over the next two days.

The spike in price for ROSE comes as Ethereum-uniform networks that offering better scalability rise in prominence with the Oasis Network, outperforming many competitors thanks to its congenital-in privacy features.

Axie Infinity launches staking and sends airdrops to early adopters

Axie Infinity is a blockchain-based play-to-earn battling game that allows players to collect, breed, raise, boxing and merchandise token-based creatures known equally Axies, and earn an income in the process.

According to information from Cointelegraph Markets Pro, marketplace conditions for AXS have been favorable for some time.

VORTECS™ Score (green) vs. AXS price. Source: Cointelegraph Markets Pro

As seen in the chart higher up, the VORTECS™ Score for AXS spiked into the dark green zone on Sept. 26 and reached a high of 87 around 35 hours earlier the cost began to increment by 55% over the adjacent 3 days.

The surge in price for AXS comes post-obit the implementation of staking capabilities for AXS holders besides as a community airdrop that distributed 800,000 AXS tokens to early adopters of the game.

Related: NFT trading game Axie Infinity launches AXS staking plan

ICX rallies alee of its mainnet upgrade

Icon is a general-purpose blockchain protocol and aggregator chain designed to host decentralized applications and facilitate interoperability between divide networks.

Data from Cointelegraph Markets Pro and TradingView shows that after hitting a low of $1.38 on Sept. 29, the price of ICX rallied 45% to a daily high at $1.93 on Oct. 1 as its 24-hour trading volume spiked 385% to $362 million.

ICX/USDT 4-hour nautical chart. Source: TradingView

The jump in ICX price comes later on the release of wrapped ICX, which is compliant with the ERC-20 standard and can exist used interoperably with decentralized finance on Ethereum. The upgrade is office of the protocol's terminal preparation before implementing the Icon 2.0 mainnet upgrade.

The overall cryptocurrency market capitalization now stands at $2.079 trillion, and Bitcoin's dominance rate is 43%.

The views and opinions expressed here are solely those of the author and practice not necessarily reverberate the views of Cointelegraph. Every investment and trading move involves risk, and you should conduct your ain research when making a determination.