Movers of the Day 10-Feb-2022

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

The day’s top movers are BinaryX and Clover Finance, surging by 20.27% since 7 pm.

As is illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the past 24 hours, the crypto markets have experienced jitter because of a high print on inflation. Since 7 pm, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -1.87% and -3.24%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has dropped by 2.78%, Ether even 4.02%, and  Bitcoin by 1.46%.

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

Clover Finance (CLV)

Clover Finance (CLV), or simply Clover, is a blockchain operating system. It provides a one-stop, easy‑to‑use blockchain infrastructure and an ethereum virtual machine (EVM) compatible framework for Substrate‑based applications. Clover Finance, another offspring of the Substrate-based Polkadot parachain, aims at bridging the compatibility gap when building and operating across blockchains. The project was founded in May 2020, and the mainnet of Clover Finance was launched in July 2021.

The crypto markets were still trending sideways. The top movers of the day at 19:10 are Pirate Chain and BinaryX. Since 2 pm, Pirate Chain has surged 18.25%, BinaryX 9.87%.  In that time, the coins (without Bitcoin and Ether) measured by 2100NEWS DA Coin Index (NWSCo100) have fallen by 0.73%. On the other hand, Bitcoin has increased by 2.68% and Ether by 0.33%. Our main 2100NEWS Digital Assets Total Index (NWST1100) is 0.98% higher.

Pirate Chain (ARRR)

PirateChain is a 100% private send cryptocurrency. It uses a privacy protocol that cannot be compromised by other users’ activity on the network. Most privacy coins are riddled with holes created by optional privacy. PirateChain uses ZK-Snarks to shield 100% of the peer-to-peer transactions on the blockchain making for highly anonymous and private transactions.

The day’s top movers (at 2 pm) are Bonfida and Smooth Love Potion. BinaryX has surged by 21.08% since 9 am, and the crypto markets have trended sideways. In the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen by 1.35%, Ether even 2.11%, and  Bitcoin by 1.51%.

BinaryX (BNX)

Cyber Dragon is a Play to Earn Gam based on Binance Smart Chain. The BinaryX team powers this game. Players can create characters, collect rare pieces of equipment, and challenge Dungeon. The final challenge is to defeat the ultimate boss, the Cyber Dragon. A hero will receive the dragon treasure house rewards by defeating the dragon. BNX is Cyber Dragon’s governance token. BNX token holders can participate in community governance and vote on significant game decisions. Some key operations of the game require consuming BNX tokens, such as creating heroes, forging rare equipment, challenging the Cyber Dragon dungeon and some top dungeons.

The crypto markets trended sideways. The day’s top movers (at 9 am) are Bonfida and Smooth Love Potion. Ellipsis has surged by 23.29% since midnight. Over the past 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen by 1.68%, Ether even 3.00%, and  Bitcoin by 0.93%.

Ellipsis (EPS)

EPS is a Revenue Earning token where token stakers will earn fees from the Ellipsis protocol. Ellipsis is an exchange for stable coins on the Binance Smart Chain, and it allows for stable coins swap with very low slippage and minimal fees. Ellipsis Finance was officially launched on March 2021 and is an authorized fork of Curve Finance; as such, those that are familiar with Curve Finance will understand the functionality of Ellipsis Finance. As a result of this agreement, veCRV holders will receive 25% of the token supply airdropped monthly over the next 12 months based on a set of conditions.

Smooth Love Potion (SLP)

Small Love Potion is an ERC-20 token that can be used on the Ethereum blockchain. Axie Infinity is a game (dapp) that runs on the Ethereum blockchain, where users can collect, raise, breed, and battle virtual creatures called axies. Axies are really similar to real-life pets, and each one has its own unique traits and appearance.

Bonfida (FIDA)

Bonfida is known as the top infrastructure developer on Solana. Bonfida was the first project in the Serum Ecosystem. Initially, they provided API services and hosted the flagship Serum DEX since its launch in September 2020. With Bonfida initially offering its Serum UI and API services, it was obvious that there was a demand for products to enrich the experience of users in Decentralised Finance (DEFI). Strong demand for their products encouraged them to launch the ‘FIDA’ token on the 22nd of December 2020. From these beginnings in Q4 – 2020, Bonfida has established itself with several products and revenue streams to synergistically benefit their tokenomics by their Buy & Burn program.