The cryptocurrency market found itself in a property pattern on Aug. 17 as the price of Bitcoin (BTC) lingered below $46,000 and bulls regrouped to plan their adjacent effort to push the price higher.

Despite the struggles faced by many of the top cryptocurrencies, several altcoins were buoyed by positive developments, and Cointelegraph Markets Pro's top marketplace gainers index shows many producing double-digit gains.

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

Information from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were Audius (AUDIO), Raydium (RAY) and Helium (HNT).

Audius partners with TikTok

The height-performing coin over the past 24 hours has been that of Sound, the native token of Audius — a decentralized music-sharing and streaming protocol that enables direct transactions between listeners and creators and helps to cut out the middlemen who tap into artists' revenue streams.

Co-ordinate to data from Cointelegraph Markets Pro, marketplace atmospheric condition for AUDIO have been favorable for some time.

The VORTECS™ Score, exclusive to Cointelegraph, is an algorithmic comparing of historic and electric current market conditions derived from a combination of information points including market sentiment, trading book, recent toll movements and Twitter activity.

VORTECS™ Score (green) vs. Sound cost. Source: Cointelegraph Markets Pro

Every bit seen in the chart to a higher place, the VORTECS™ Score for Sound has been in the green zone for near of the past week and reached a high of 80 on Aug. 13, around 66 hours before the price increased 156% over the next day.

The cause for the sudden spike in price was an declaration from Audius that it had partnered with TikTok to enable crypto-powered music streaming, a development that was registered by the NewsQuake™ alert system shortly after the cost initially began to rise.

Solana's rising tide lifts RAY toll

Raydium is an automatic market place maker (AMM) and liquidity provider congenital on the Solana blockchain for the Serum decentralized exchange (DEX). The Solana ecosystem has been gaining traction as of tardily, and Raydium appears to have benefited from the increased interest in the network.

Information from Cointelegraph Markets Pro and TradingView evidence that after striking a low at $four.64 on Aug. 12, the price of Raydium's RAY token has spiked 75% to an intraday high at $8.eleven on Aug. 17, with $317 million worth of 24-hour trading volume.

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

Momentum for RAY began to pick up starting on Aug. 9 when it was announced that Binance would list the token in its innovation zone. The price moved higher following another announcement on Aug. 17 that the exchange would launch perpetual futures contracts for the project.

Related : Solana is now in price discovery equally SOL shows forcefulness below $70 all-time highs

HNT rallies as the network's node count expands

Helium is a project focused on creating a decentralized blockchain-powered network for Internet of Things (IoT) devices, and the project is powered by nodes run past community members.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for Helium'due south HNT token on Aug. 12, before the recent price rise.

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

Every bit seen in the chart in a higher place, the VORTECS™ Score for HNT has been elevated over the by calendar week and reached a loftier of 77 on Aug. 16, around four hours before its price increased 37% over the next 24-hour interval.

Momentum for the project has been steadily increasing since it completed a $111-million token sale on Aug. xi.

The overall cryptocurrency market capitalization now stands at $one.977 trillion, and Bitcoin'south dominance rate is 43.vi%.

The views and opinions expressed here are solely those of the author and exercise not necessarily reflect the views of Cointelegraph. Every investment and trading move involves adventure, and you should acquit your own research when making a decision.