"Uptober" is over, but equally Zhu Su tweeted earlier on Nov. ane, the crypto marketplace rally could extend through "Upvember, Upcember" and beyond. The month of October was stellar for Bitcoin (BTC) and Ether (ETH), primarily because each hit new all-fourth dimension highs. And even though the prices are consolidating at present, traders are all the same wildly bullish.

The steady emergence of the Metaverse is also driving excitement within the crypto sector, equally it promises to be i of the driving forces backside development in the space. The concept of a Metaverse is also impacting the "existent globe," a prime example being Facebook'southward contempo rebrand to "Meta."

As the market place heads into the month of Nov and bullish expectations run hot, let's take a expect at some projects where the data hints at possible upside breakouts.

Polkadot's parachain auctions approach

The Polkadot network is a sharding, multichain protocol designed to facilitate cross-chain transfers of any information or asset blazon, and the project is focused on increasing interoperability betwixt separate networks across the blockchain ecosystem.

Information from Cointelegraph Markets Pro and TradingView shows that momentum for Polkadot's native DOT coin has been on the rise over the by couple of months, with its price ascension 95% from a low of $26.05 on Sept. 29 to a new all-fourth dimension high at $51.57 on Nov. one every bit its 24-hour trading volume surged 135% to $ii.93 billion.

DOT/USDT one-day chart. Source: TradingView

The rising strength of DOT is largely due to the upcoming launch of parachain auctions on the Polkadot protocol. It'southward likely that traders are looking at the success of the parachain auctions that took place on Polkadot's sister network, Kusama, and expecting the same to occur for Polkadot.

Polkadot's parachain auctions have been in evolution throughout 2022, and the excitement surrounding their Nov. 4 launch appears to be the driving forcefulness behind DOT rallying to a new all-fourth dimension high at $51.57 on Nov. 1.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for DOT on October. 27, prior to the contempo toll rise.

The VORTECS™ Score, exclusive to Cointelegraph, is an algorithmic comparing of historical and current market weather derived from a combination of data points including market sentiment, trading book, recent price movements and Twitter activity.

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

Every bit seen in the chart above, the VORTECS™ Score for DOT began to pick up on October. 27 and reached a high of 80 around two hours earlier the price began to increase 28% over the adjacent five days.

Revolve Games selects Chromia

Chromia is a layer-one blockchain network that is Ethereum Virtual Motorcar-compatible and capable of enhancing layer-two performance on Ethereum and Binance Smart Chain.

Data from TradingView shows that since hitting a depression of $0.296 on Oct. 27, the price of Chromia's CHR token has surged 101% to a daily loftier at $0.595 on Oct. 31 every bit its 24-hour trading book spiked to $371 million.

CHR/USDT ane-mean solar day nautical chart. Source: TradingView

The surging price of CHR comes equally the project's gaming ecosystem has had several positive developments, including the announcement that blockchain gaming firm Revolve Games chose Chromia to build and host its play-to-earn ecosystem, besides equally the list of DAR, the token of Chromia-based Mines of Dalarnia, on Binance.

Related: 'Uptober' closes at record loftier in best month of 2022 — 5 things to watch in Bitcoin this calendar week

Theta expands its NFT ecosystem

Theta is a blockchain-based video streaming protocol designed to operate equally a decentralized network where users are rewarded for sharing bandwidth and computing resources with others on the network.

Momentum for its eponymous THETA token has been on the rise over the past couple of months every bit Theta's nonfungible token (NFT) ecosystem has expanded and is now preparing to host the launch of Katy Perry's NFT project in Dec.

The token likewise got a boost after it was revealed that THETA stakers will be airdropped its TDROP governance token in February 2022, with the allocation each holder receives determined by the average number of THETA staked during the evaluation period.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for THETA on Oct. 28, prior to the contempo price rise.

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

As seen in the nautical chart higher up, the VORTECS™ Score for THETA climbed into the green zone on October. 27 and reached a high of 81 on Oct. 28 around 3 hours earlier the price began to increment 42.iii% over the next iii days.

The overall cryptocurrency market capitalization now stands at $2.63 trillion, and Bitcoin's dominance rate is 43.8%.

The views and opinions expressed hither are solely those of the author and practice not necessarily reflect the views of Cointelegraph. Every investment and trading movement involves risk, and you should conduct your ain inquiry when making a conclusion.