Mask Network, 1inch and Shiba Inu ignore Bitcoin’s downtrend, up 20%

The crypto market made a strong comeback on October 27th as many top assets were in the red the day after Bitcoin (BTC) price fell to $ 58,000 in its first trading session.

Despite the broader market wars, some altcoins managed to generate profits greater than 22% as major protocol integrations and stock market listings helped cushion them against a broad market downturn.

Data from Cointelegraph Markets Pro and TradingView shows that the biggest winners over the past 24 hours are 1inch (1INCH), Shiba Inu (SHIB) and Mask Network (MASK).

1 inch integrated with Exodus Wallet

1Inch is a distributed network and decentralized exchange aggregator (DEX) that connects decentralized protocols across multiple blockchain networks, including Ethereum (ETH), Binance Smart Chain, Polygon (MATIC) and Arbitrum.

Cointelegraph Markets Pro’s VORTECS ™ data began to see a bullish 1INCH outlook on October 26, ahead of the recent price rally.

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

As can be seen in the graph above, the VORTECS ™ Score for 1INCH climbed into the green on October 26th, hitting a high of 72 in about two hours before rising 100.5% the next day.

The price of 1INCH suddenly spiked following an earlier announcement that the protocol was being built into the Exodus wallet to bring its functionality straight to a cross-platform, multi-currency wallet.

Shiba Inu continues to reach new heights

Shiba Inu is a canine theme and gained momentum in 2021 as the project moved from a simple meme to a growing ecosystem that offers decentralized funding (DeFi) and non-infectious tokens (NFT).

According to data from Cointelegraph Markets Pro, market conditions have been quite favorable for SHIB for some time.

As can be seen in the graph above, the VORTECS ™ Score for SHIB climbed into the green for the first time on October 23, hitting a high of 89 on October 24, about seven hours before the price rose 119% over the next three days. rise .

The strong upward momentum for SHIB comes as the token was listed on new exchanges last month and the developers behind the protocol introduced Shiboshi NFTs, which are offered for purchase with the exchange’s LEASH token.

Related: Shiba Inu can overtake Dogecoin after SHIB 700% bullish in October

Update Mask Network NFT avatar

Mask Network is a social networking protocol that allows users to encrypt posts and chats on platforms such as Twitter and Facebook and make them so that only friends and contacts can decrypt and access them.

Data from Cointelegraph Markets Pro and TradingView show that after hitting a low of $ 9.29 on October 26, MASK price rose 98.9% to an intraday high of $ 18.47 on October 27 climbed as its 24-hour trading volume rose 1.610% to $ 599.42 million. .

The sudden boom in MASK prices followed an update to the ‘NFT Avatar’ protocols, which allows users to replace their Twitter avatar with a custom NFT-based avatar that the user also owns.

The total crypto market cap is $ 2.475 trillion and the dominance of Bitcoin is 44.9%.