Cryptocurrency prices and investor sentiment reversed course on Dec. 15 afterwards Federal Reserve chairman Jerome Powell confirmed the depository financial institution'south plan to hike interest rates in 2022 and slow downwards the bail purchasing program that had been in play since the emergence of the coronavirus in March 2022.

Following the announcement, Bitcoin (BTC) price tacked on a 1.65% proceeds, bringing the price above $49,000 and Ether (ETH) trekked back in a higher place the $four,000 marker. Altcoins followed suit with their usual double-digit gains and for the moment, it appears as if bulls have taken back control of the market.

Summit vii coins with the highest 24-hour toll alter. Source: Cointelegraph Markets Pro

Information from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were ECOMI (OMI), Aragon (Pismire) and RAMP (RAMP).

ECOMI migrates to Immutable

ECOMI is a technology company focused on building a blockchain-based digital collectibles marketplace where users tin buy and share nonfungible tokens (NFTs) across the social network service using the project's native OMI token every bit a medium of commutation.

VORTECS™ information from Cointelegraph Markets Pro began to notice a bullish outlook for OMI on December. 1, prior to the contempo toll rising.

The VORTECS™ Score, sectional 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 toll movements and Twitter activity.

VORTECS™ Score (green) vs. OMI toll. Source: Cointelegraph Markets Pro

Equally seen in the nautical chart in a higher place, the VORTECS™ Score for OMI climbed into the green zone and reached a high of 81 on Dec. ane, around 96 hours earlier the price began to increase 39% over the adjacent ten days.

The building momentum for OMI comes every bit the ECOMI ecosystem migrates to Immutable, an Ethereum scaling solution specifically designed for NFT projects.

Aragon hosts a DAO hackathon

Aragon is an Ethereum network-based protocol that supports decentralized autonomous organizations (DAOs), developing governance structures to encourage customs engagement.

VORTECS™ data from Cointelegraph Markets Pro began to notice a bullish outlook for ANT on Dec. 12, prior to the recent price rise.

VORTECS™ Score (night grey) vs. Emmet toll. Source: Cointelegraph Markets Pro

As seen in the nautical chart above, the VORTECS™ Score for Emmet began to pick upward on Dec. 12 and reached a high of 70 effectually two hours before the cost began to increase sixty% over the next two days.

The rally in Ant cost is taking identify at the same fourth dimension as a DAO global hackathon aims to attract developers to the Aragon ecosystem and in that location are rumors that the DAOpunks NFT projection volition conduct an airdrop to Pismire holders.

Related: Bitcoin sheds 'dumb money' equally retail buys most BTC since March 2022 crash

RAMP benefits from liquidity mining incentives

RAMP (RAMP) is a multi-chain decentralized finance (DeFi) protocol that helps investors become more upper-case letter efficient.

Data from Cointelegraph Markets Pro and TradingView shows that afterward hitting a low of $0.179 on Dec. 14, the price of RAMP spiked 52.56% to a daily high at $0.274 on Dec. 15 as its 24-hr trading volume surged 800% to $54.2 million.

RAMP/USDT iv-hour chart. Source: TradingView

The price spike for RAMP came afterward the launch of a liquidity mining incentive program resulted in a sharp uptick in the total value locked in the protocol. Currently, there is $63.3 million invested across Ethereum, Polygon and Binance Smart Chain.

The overall cryptocurrency market cap now stands at $two.126 trillion and Bitcoin's dominance rate is 41.vii%.

The views and opinions expressed hither are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves hazard, you lot should behave your own inquiry when making a decision.