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.

• Newsquakes™, which inform traders of potentially price-moving news alerts in real time, was triggered by Sommelier (SOMM) on Friday, March 17.
• The Twitter Volume indicator, which measures a project’s mentions and activity on the social media platform Twitter, exposed Immutable X (IMX) as a potential candidate for a significant price move before the move occurred in full.
• One of Cointelegraph Markets Pro’s newest indicators, Most Active On-Chain, shows the projects with the biggest increase in the number of addresses on-chain over the last 24 hours and on Monday, March 20 highlighted Ren (REN).

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.

Sommelier (SOMM) — 62% gain

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 (REN) — 35%

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) — 20% gain

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…