Happy New Year 2022

Tokens and coins that moved the most in the last 24 hours:

The day’s top movers are Rarible and ssv.network, soaring 96.00% since 9 am.

As illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the past 24 hours, the crypto markets have surged.  At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has surged by 2.54%,  Bitcoin 2.30%, and  Ether by 1.93%.

Please read the notes to find out which criteria movers have been selected.

ssv.network (SSV)

Once holding SSV tokens, users have the right to vote on protocol changes and improvements. Influence grant distributions and operator ranking. Additionally, holders can also use SSV tokens as fees for running validators and generating rewards for stakers. SSV Network emphasizes decentralization, security, and liveness across the Ethereum consensus layer and forms the foundation of SSV.network, a fully decentralized and robust ETH staking network. Millions of users join this ecosystem and find the network simple for anyone wanting to run an Ethereum validator; from DIY users all the way to staking pools and big institutional staking services. This can apply to using the network not only as a user but also as a service provider; regardless of staking configuration, as long as duties are properly executed, anyone is eligible to provide service and reap the rewards for doing so.

The crypto markets rose. The day’s top movers (at 9 am) are Ribbon Finance and Sentivate, surging by 27.59% since midnight. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported gains between 0.67% and 2.02%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen by 0.68%,  Bitcoin 0.16%, and  Ether by 0.26%.

Sentivate (SNTVT)

Sentivate is a hybrid web built to be a viable replacement for the modern web faster, safer, and more scalable than any solely centralized or decentralized web.

Frax Share (FXS)

The Frax Protocol is the first fractional-algorithmic stablecoin system. Frax is open-source, permissionless, and entirely on-chain – currently implemented on Ethereum (with possible cross-chain implementations in the future). The end goal of the Frax protocol is to provide highly scalable, decentralized, algorithmic money in place of fixed-supply digital assets like BTC. The protocol incorporates the following concepts: Fractional-Algorithmic – Frax is a unique stablecoin with parts of its supply backed by collateral and parts of the supply algorithmic. The ratio of collateralized and algorithmic depends on the market’s pricing of the FRAX stablecoin. If FRAX is trading at above $1, the protocol decreases the collateral ratio. If FRAX is trading at under $1, the protocol increases the collateral ratio. Frax Shares (FXS) is the governance token that accrues fees, seigniorage revenue, and excess collateral value.