Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are Wing Finance and OctoFi. Since 6 pm Wing Finance has increased by 10.58% and OctoFi by 13.70%. PEAKDEFI is 13.59% higher.
In the evening the crypto markets made another step down and they finished deep 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. 2100NEWS DA Indexes ended between -2.95% and -6.62%. Our main 2100NEWS Digital Assets Total Index (NWST1100) ended -3.92%. Bitcoin ended -2.51%, Ether ended -4.90%.
To find out based on which criteria have been selected, please read the notes.
OctoFi is an open source platform (app.octo.fi) for aggregating thousands of decentralized finance investment opportunities.
Top movers of the day at 18:10 are Wing Finance and Injective Protocol which has surged 20.33% since 1 pm. Wing Finance is 16.35% higher.
Generally, the crypto markets are still down. In the last 24 hours the coins measured by 2100NEWS DA Coin Index (NWSCo100) have fallen by 4.28% (-0.34% as of pm). The tokens built on Ethereum measured by 2100NEWS DA Ethereum Based Index (NWSET100) are 4.01% lower. Our main 2100NEWS Digital Assets Total Index (NWST1100) has decreased by 2.77%. Bitcoin has decreased by 1.80%, Ether has fallen by 3.36%.
Injective Protocol (INJ)
Injective Protocol describes itself as the first layer-2 DEX that unlocks the full potential of decentralized derivatives and borderless DeFi. The Injective Chain is implemented as a Cosmos SDK module, built with Ethermint (EVM on Tendermint). It utilizes a Tendermint-based Proof-of-Stake to facilitate cross-chain derivatives trading across Cosmos, Ethereum, and many other layer-1 protocols. In addition, the protocol is collision-resistant and utilizes Verifiable Delay Functions (VDFs) to prevent front-running. INJ is the token utilized on Injective and was launched via a public offering in 2020, becoming the first project backed by Binance Labs to debut on Binance Launchpad. The use cases intended for INJ include but are not limited to: protocol governance, exchange fee value capture, derivatives collateralization, liquidity mining, and staking.
Top movers of the day at 13:10 are Venus and Wing Finance. Since 8 am Venus has surged 17.58% and Wing Finance 11.76%. Massnet is 8.10% higher.
The crypto markets went down significantly. Since 8 am 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins have fallen between 1.90% and 3.56% (NWSET100). Our main 2100NEWS Digital Assets Total Index (NWST1100) is 2.29% lower. Bitcoin and Ether also went down: BTC -1.76%, ETH -2.50%.
Venus Protocol is an algorithmic-based money market system designed to bring a complete decentralized finance-based lending and credit system onto Binance Smart Chain. Venus enables users to utilize their cryptocurrencies by supplying collateral to the network that may be borrowed by pledging over-collateralized cryptocurrencies. This creates a secure lending environment where the lender receives a compounded interest rate annually (APY) paid per block, while the borrower pays interest on the cryptocurrency borrowed.
Top movers of the day are Unifi Protocol DAO and Metal. Since midnight Unifi Protocol DAO has surged 33.90% and Metal 34.78%. In the same time Nsure.Network has increased by 22.71%.
Today the crypto markets started out mixed. Since midnight the tokens built on Ethereum measured by 2100NEWS DA Ethereum Based Index (NWSET100) have increased +0.44%. Contrarily, the coins measured by 2100NEWS DA Coin Index (NWSCo100) have decreased by 0.17%. 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the top 1100 crypto assets by market capitalization has increased by 0.21%. Bitcoin and Ether started out higher: BTC +0.35%, ETH +0.22%.
Unifi Protocol DAO (UNFI)
Unifi Protocol DAO is a group of non-custodial, interoperable, decentralized, and multi-chain smart contracts providing the building blocks for the next generation of DeFi development. The Unifi Protocol is designed to provide developers with functional DeFi building blocks linking multiple blockchains together into one large DeFi marketplace. uTrade is the working proof-ofconcept for harnessing multi-chain and multi-platform liquidity mining to power UNFI, Unifi’s Global Governance Token.
Nsure.Network works like an insurance company that is governed by Nsure stakers. By taking a risk from an individual, and spreading that risk around a community, the individual is able get their risk in the open finance world covered. Nsure.Network is built to protect and hedge your DeFi risk on different protocols.
Metal is a digital currency for MetalPay that enables global instant payment by utilizing just a phone number. MTL is fairly decentralized with the support of a process called Proof of Processed Payments (PoPP). By spending or making a purchase, members and participants could earn rewards in MTL. The maximum supply is 66.5 million MTL. Users can get up to 5% MTL on every purchase. They can also receive high interests when investing in MTL.