Calls for the inflow of an altseason are growing louder on Nov. 3 after the cost activeness for altcoins is on the ascension and Bitcoin (BTC) cost lingers at the $62,000 support level.

At the moment, gaming tokens, supply chain-related projects and decentralized finance (DeFi) protocols are scorching hot and as shown beneath, many altcoins posted double and triple-digit gains on Nov. 3.

Top vii coins with the highest 24-hr price change. Source: Cointelegraph Markets Pro

Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were OriginTrail (TRAC), XYO Network (XYO) and Maker (MKR).

TRAC gets a boost from the "Coinbase effect"

OriginTrail is a protocol that refers to itself as "the world'south kickoff decentralized noesis graph" and is designed to assist people organize important assets and brand them discoverable and verifiable on a blockchain network.

According to data from Cointelegraph Markets Pro, marketplace conditions for TRAC have been favorable for some time.

The VORTECS™ Score, exclusive to Cointelegraph, is an algorithmic comparison of historical and current marketplace conditions derived from a combination of data points including marketplace sentiment, trading volume, recent price movements and Twitter activity.

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

Every bit seen in the chart higher up, the VORTECS™ Score for TRAC climbed into the night green zone on Oct. 30 and reached a high of 81 around 49 hours earlier the price began to increase 232% over the adjacent two days.

The sudden surge in price for TRAC comes equally the token was listed on several new cryptocurrency exchanges, including Coinbase.

XYO Network surpasses 3 1000000 nodes

The XYO protocol is a geospatial oracle network comprised of a decentralized ecosystem of devices that anonymously collect, validate and record data on the XYO blockchain.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for XYO on Oct. 30, prior to the recent price rise.

VORTECS™ Score (dark-green) vs. XYO price. Source: Cointelegraph Markets Pro

As seen in the chart above, the VORTECS™ Score for XYO climbed into the light-green zone on October. thirty and reached a loftier of 76 around 67 hours before the price increased 88% over the next 2 days.

The building momentum for XYO comes every bit the network surpassing the 3 1000000 node marker on Oct. fourteen.

Related: Bitcoin reverses Tuesday gains, while Solana joins Ethereum in fresh all-time highs

Maker's TVL hits a new high

Maker is the native token of the MakerDAO DeFi lending protocol that allows users to lock up avails to mint DAI stablecoins.

VORTECS™ information from Cointelegraph Markets Pro began to detect a bullish outlook for MKR on Nov. 1, prior to the recent cost rising.

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

As seen in the nautical chart above, the VORTECS™ Score for MKR turned green on Nov. 1 and reached a high of lxx around iii hours before the cost began to increase 51.4% over the next two days.

The boost in price and momentum for MKR comes as the total value locked (TVL) on the protocol reached a record $17.98 billion, according to data from DeFi Llama. This makes Maker the second-ranked DeFi protocol by TVL.

The overall cryptocurrency market cap now stands at $2.711 trillion and Bitcoin'southward potency rate is 43.two%.

The views and opinions expressed here are solely those of the author and do not necessarily reverberate the views of Cointelegraph.com. Every investment and trading move involves chance, y'all should conduct your ain research when making a conclusion.