Tokens and coins that moved the most in the last 24 hours:
Top mover of the day is Theta Fuel (TFUEL) which has soared 33.85% since 6 pm. Theta Token (THETA) has surged 22.70% and Top Network 15.85%. Metadium is 8.07% higher.
In the evening the crypto markets rebounded from the afternoon drop but nevertheless they finished the day in red. Today’s crypto market movement is illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. The large caps measured by 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) ended -0.65%. Our main 2100NEWS Digital Assets Total Index (NWST1100) ended -1.24%. Bitcoin and Ether ended the day much lower: BTC -1.63%, ETH -1.29%.
To find out based on which criteria have been selected, please read the notes.
Theta Fuel (TFUEL)
The Theta Network and protocol aim to solve various challenges the video streaming industry faces today. Theta Fuel is the operational token of the Theta protocol. TFUEL powers on-chain operations like payments to relayers for sharing a video stream, or for deploying or interacting with smart contracts. Relayers earn TFUEL for every video stream they relay to other users on the network. You can think of Theta Fuel as the “gas” of the protocol. At Mainnet launch on March 15th, TFUEL will be created as a native token on the Theta blockchain.
Top movers of the day at 6 pm are Metadium and Theta Token which has increased by 3.19% since 1 pm.
Crypto markets dropped. Since 1 pm 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins have reported losses between 2.37% and 3.74%. In the last 24 hours, 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the top 1100 crypto assets by market capitalization has declined by 1.84%, Bitcoin by 2.33%, and Ether by 1.88%.
THETA is an open-source protocol that powers a decentralized streaming network. It will allow for decentralized apps (DApps) to be built on top of the platform to enable use cases that span esports, entertainment, and peer-to-peer streaming. SLIVER.tv’s DApp was the first application built on the Theta network leveraging its existing user base of millions of esports viewers. In Nov 2018, Tencent Games announced a collaboration with SLIVER.tv to bring Theta rewards to Ring of Elysium players. The founding team has a combined 30+ years of experience in the video streaming space with advisors including Steve Chen, Co-Founder of YouTube, and Justin Kan, Co-Founder of Twitch.
Top movers of the day at 1 pm are Switch and Steem. Travala.com has soared by 32.29% on the day. Crypto markets experienced consolidation. 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins have reported gains between 0.48% and 0.95% since midnight. In the last 24 hours, 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the top 1100 crypto assets by market capitalization has decreased by 0.12%, Bitcoin by 0.02%, and Ether has increased by 0.08%.
Founded in 2017, Travala.com claims to be the leading blockchain-based travel booking platform offering over 2,000,000 hotels and accommodations in 230 countries with cheaper prices than mainstream travel booking platforms. As the native cryptocurrency of Travala.com, AVA is a Binance Chain-based token that can be used for payments, givebacks, loyalty rewards, activating discounts, a store of value and several other use cases. Their team comprises individuals from the travel, FinTech, and blockchain industry. Travala.com’s vision is to align travel booking with the ethos of decentralized technology, promote accessibility, offer censorship-resistant and peer-to-peer transactions, and build open-source technology for the travel industry.
Top movers of the day at 8 am are Switch and Steem which has surged by 27.32% since midnight (the second wave up). Generally, crypto markets started higher. Over the past 24 hours, 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins have reported gains between 1.27% and 2.38% (index NWSET100). 2100NEWS Digital Assets Total Index (NWST1100), the top 1100 crypto assets by market capitalization has increased by 1.84%, Bitcoin by 1.94%, and Ether by 0.96%.
Switch describes itself as a token exchange that aims to give users the ability to seamlessly “switch” between other assets, buy gift cards, donate to non-profits, and gamble. Switch tokens (ESH) represent a revenue share of 50% of all fees collected by Switch and SwitchDex.ag, which is airdropped to Switch (ESH) token holders every month.
Steem bills itself as ‘a social blockchain that grows communities and makes revenue streams possible for users by rewarding them for sharing content’. It also powers real applications via social apps like Steemit. Steem started out as the cryptocurrency on the Steemit platform that rewards users for community building through the upvoting and the posting of meaningful content. Founded in 2016 by Ned Scott and BitShares creator Dan Larimer, the Steemit platform, built atop the Steem blockchain, is a social media network that seeks to be a source of community-driven curated content such as news, Q&A and job boards. The more value a particular piece of content is able to deliver across a greater number of people, the greater the reward received by the creator. Steemit users can cast votes to create a hierarchy of content. The higher the upvote count received on a content piece, the more Steem is earned by its publisher. Steemit’s meritocratic system also enables users that hold more currency to cast more meaningful, greater influence votes.
A live-streaming platform based on blockchain incentives for everyone. The Castweet ecosystem combines live-streamed contents sharing with blockchain technology, thus creating an ecosystem that rewards everyone. Not only will streamers be rewarded, but also the users who participate on the platform. The main objective of the Castweet Ecosystem is to create a cycle of use within the platform by providing real use cases within the platform for both the viewers and content creators.