Movers of the Day 26-Feb-2022

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

Top movers of the day are Syscoin and Mirror Protocol which has surged 17.32% since morning. Syscoin has increased by 7.45%, Waves 6.69%.

After a strong daily volatility most cryptocurrencies managed to finish the day in green. The coins measured by 2100NEWS DA Coin Index (NWSCo100) ended +2.04%. Their movement can be seen on the adjacent NWSCOT chart over the past 24 hours. Our main 2100NEWS Digital Assets Total Index (NWST1100) ended +0.74%. Ether ended +1.43% while Bitcoin ended slightly lower (-0.17%).

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

Mirror Protocol (MIR)

Mirror is a DeFi protocol powered by smart contracts on the Terra network that enables the creation of synthetic assets called Mirrored Assets (mAssets). mAssets mimic the price behavior of real-world assets and give traders anywhere in the world open access to price exposure without the burdens of owning or transacting real assets. The minting of mAssets is decentralized and is undertaken by users throughout the network by opening a position and depositing collateral. Mirror ensures that there is always sufficient collateral within the protocol to cover mAssets, and also manages markets for mAssets by listing them on Terraswap against UST.

Top movers of the day are Cream Finance and Aergo. Since midnight Cream Finance has surged 25.27%, Aergo 44.63%. Golem is 20.07% higher.

Most tokens and coins moved higher this morning. Since midnight 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins have increased up to 1.52%. Our main 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 0.35% higher. Ether has increased by 0.76% while Bitcoin has decreased by 0.23%.

Cream Finance (CREAM)

C.R.E.A.M. Finance is a decentralized lending protocol for individuals and protocols to access financial services. The protocol is permissionless, transparent, and non-custodial. Currently, C.R.E.A.M. is live on Ethereum, Binance Smart Chain, and Fantom. C.R.E.A.M. Finance’s smart contract money markets are focused on longtail assets — with the goal of increasing capital efficiency for all assets in crypto markets. Users can lend any supported assets on our markets and use the provided capital as collateral to borrow another supported asset.

Aergo (AERGO)

Aergo describes itself as an open-source enterprise blockchain platform optimized for hybrid deployments, consisting of permissioned and permissionless blockchain architectures. It includes support for SQL, allowing for easy data handling and familiar smart contract programming for developers. The platform is built and utilized by Blocko, the Samsung-backed South Korean blockchain technology company that, according to Korean media sources, has deployed production blockchain solutions for large-scale clients, including Lotte Card, Shinhan Bank, Korea Exchange, Hyundai Motors, and more.

Golem (GLM)

Golem is a decentralized peer-to-peer marketplace for computing power. The project aims to be an alternative to centralized cloud service providers with its lower price point and open-source community of developers. The Golem network pools global computing power and enables users to access these resources with GNT. Token holders pay resource owners to complete tasks requiring computational resources. The network is composed of the aggregated power of user devices. Golem is reportedly able to compute tasks that run the gamut from CGI rendering to machine learning. Transactions between participants are deemed to be safe because computations take place in sandbox environments that are sequestered from hosts’ systems.