Bitcoin’s surge to $67,000 also helped to spark double-digit gains for multiple altcoins as the age-old adage of a rising tide lifting all boats appears to be in full effect.
OriginTrail makes a move
OriginTrail is a protocol that operates on the Ethereum (ETH) network and specializes in harnessing blockchain technology to improve logistics and supply chain management.
According to data from Cointelegraph Markets Pro, market conditions for TRAC have been favorable for some time.
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 price movements and Twitter activity.
As seen in the chart above, the VORTECS™ Score for TRAC began to pick up on Oct. 19 and reached a score of 72 around one hour before the price increased 48% over the next day.
The spike in price for TRAC comes as the project is in the process of rebranding its image as the “world’s first decentralized knowledge graph” and