These 3 Cointelegraph Markets Pro alerts generated a cumulative profit of over 100%
Last week, Cointelegraph Markets Pro, an institutional-grade crypto intelligence and alerts platform, provided subscribers the opportunity to trade three coins that embarked on momentum-fueled price moves.
The advanced data analysis tools at Cointelegraph Markets Pro used three alert systems to highlight these coins.
Collectively, the alerts helped traders spot assets that moved up to 62% in a very short period of time, and altogether, the three coins moved more than 100%. Let’s see how Cointelegraph Markets Pro helped subscribers spot these movers.
On Friday March 17, a Newsquakes™ alert was triggered on Sommelier (SOMM) due to an announcement on Gate.io about its upcoming sale result and listing schedule. The news also came with a 61.86% move to the good for the price of the coin, which could have been captured by subscribers minding their alerts and doing their due diligence.
Ren experienced a flurry of on-chain activity over the last 24 hours, experiencing nearly a 160% increase in the number of active addresses on chain. At the same time, the coin’s price saw a rise of nearly 35%.
Note that this isn’t a causal relationship: Some coins experience an increase in on-chain activity but no subsequent price increases (like API3 and PYR) in the example above. These alerts are an indication of when prices can have potential price moves.
Immutable X (IMX)’s market capitalization rose nearly 20% after a 1,397% surge in Twitter Volume. The rationale behind using this data is that widespread, community-driven discussions on social media such as Twitter can sometimes foreshadow asset price movement.
Cointelegraph Markets Pro is a premium subscription service designed to provide retail traders and investors with real-time market
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