Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are Zap and Idle which has soared 48.42% since 10 am. In the same period Zap has increased by 7.73% and dForce by 4.17%.
During the day the crypto markets were going up and finished in green. 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 non-Ethereum tokens measured by 2100NEWS DA NonEthereum Based Index (NWSOT50) ended +4.49%. The coins represented by 2100NEWS DA Coin Index (NWSCo100) ended only +0.68%. Our main 2100NEWS Digital Assets Total Index (NWST1100) ended +3.12%. Bitcoin ended +4.07%, Ether ended +3.78%.
To find out based on which criteria have been selected, please read the notes.
Idle is a decentralized rebalancing protocol that allows users to automatically and algorithmically manage their digital asset allocation among different third-party DeFi protocols. You can choose to maximize your interest rate returns through our MaxYield strategy or minimize your risk exposure through our RiskAdjusted allocation strategy.
Top movers of the day are dForce and Base Protocol. Since midnight dForce has soared 60.03% and Base Protocol 66.35%. In the same time Zap has surged 55.50%.
The crypto markets moved higher this morning. Since midnight 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins have increased between 0.13% and 3.04% (NWSM200 which measures the performance of mid caps). 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the top 1100 crypto assets by market capitalization has decreased by 1.12%. Bitcoin and Ether also moved higher: BTC +1.34%, ETH +1.12%.
DF is the platform utility token of the dForce network, an integrated and interoperable DeFi platform. It will be used for transaction services, community governance, system stabilizer, incentivization, and validator deposits.
Base Protocol (BASE)
The Base Protocol (BASE) is a synthetic crypto asset that derives its price from the total market cap (cmc) of all cryptocurrencies at a ratio of 1 : 1 trillion. BASE exists to maintain a market rate that is stably pegged to its underlying asset – the crypto industry. BASE’s peg to cmc is held stable through an elastic supply protocol. This protocol utilizes rebasing, a process which expands or contracts token supply to correct price.
Zap is a decentralized tokenized bonding curve curation market providing access to data and other services.