The cryptocurrency marketplace once once more finds itself waiting for some class of catalyst to become the prices moving, and this week commenced with the market place moving sideways as Bitcoin (BTC) struggles to detect its footing near $48,000.

Several altcoins have managed to break free of the wider market malaise and post impressive gains, giving credence to Cointelegraph'south Markets Pro information intelligence service, which is indicating that altseason has arrived.

Top 7 coins with the highest 24-hour cost change. Source: Cointelegraph Markets Pro

Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Celo (CELO), Fantom (FTM) and Keep3rV1 (KP3R).

Celo launches a "DeFi for the People" initiative

The top gainer over the past 24 hours was Celo, a blockchain ecosystem that focuses on increasing cryptocurrency adoption amid smartphone users as a way to increase global financial inclusion.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for CELO on Aug. 29, prior to the recent cost increase.

The VORTECS™ Score, exclusive to Cointelegraph, is an algorithmic comparison of historic and electric current market weather condition derived from a combination of data points, including market sentiment, trading volume, contempo price movements and Twitter activity.

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

As seen in the chart above, the VORTECS™ Score for CELO turned green on Aug. 29 and reached a high of 75 effectually 20 hours earlier its price spiked past 170% over the next 24-hour interval.

The sudden surge in the toll of CELO came subsequently the launch of a $100 million "DeFi for the People" initiative by Celo in conjunction with multiple partners, including Aave, SushiSwap, Bend, 0x and PoolTogether. The initiative is built on the Celo blockchain and looks to harness the decentralized nature of the blockchain ecosystem to increase financial inclusivity for the world's half-dozen billion mobile phone users.

Fantom's liquidity mining program lures investors

Fantom is a layer-1 smart contract platform that utilizes a directed acyclic graph compages to endeavor to solve the common problems faced by other blockchain networks, including wearisome transaction speeds and high costs.

According to data from Cointelegraph Markets Pro, marketplace weather condition for FTM accept been favorable for some time.

VORTECS™ Score (greenish) vs. FTM toll. Source: Cointelegraph Markets Pro

As seen in the chart above, the VORTECS™ Score for FTM began to pick up on Aug. 28 and climbed to a high of 70 on Aug. 29, around four hours earlier the price increased lxxx% over the side by side day.

The surge in interest for FTM came following the Aug. 30 announcement of a 370 million FTM incentive program for builders, protocols and teams who bridge assets to the Fantom blockchain and engage with the ecosystem.

Related: Recommending regulations: Crypto working groups make push for adoption

Keep3rV1 rallies later a protocol upgrade

Keep3rV1 is a decentralized task board of sorts that is designed to aid projects in demand of external development operations connect with individuals or organizations who can provide the required services.

VORTECS™ information from Cointelegraph Markets Pro began to detect a bullish outlook for KP3R on Aug. 25, prior to the recent price increase.

VORTECS™ Score (light-green) vs. KP3R price. Source: Cointelegraph Markets Pro

Every bit seen in the nautical chart above, the VORTECS™ Score for KP3R began to pick upwardly on Aug. 24 and reached a loftier of 75 on Aug. 25, around 48 hours before its cost began to increase past 93% over the next three days.

Momentum for the projection is on the ascent, following the release of Keep3r expansion and consolidation, which includes options liquidity mining (olm), stock-still forex and v3 liquidity incentives.

The overall cryptocurrency market place cap now stands at $2.08 trillion, and Bitcoin's dominance rate is 43.5%.

The views and opinions expressed here are solely those of the writer and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading movement involves risk, you should bear your own research when making a decision.