Movers of the Day 2-Mar-2022

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

The day’s top movers are TitanSwap and Liquity, surging by 27.19% since 7 pm.

As illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the past 24 hours, the crypto markets have continued trending sideways. At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen by 0.09%, while Ether has risen by 0.05%, and Bitcoin by 0.01%.

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

Liquity (LQTY)

Liquity is a decentralized borrowing protocol that allows you to draw 0% interest loans against Ether used as collateral. Loans are paid out in LUSD – a USD pegged stablecoin, and need to maintain a minimum collateral ratio of only 110%.

The crypto markets were significantly lower than at 2 pm. The top movers of the day at 19:10 are BinaryX and Kyber Network Crystal v2 which has surged 11.45% since 2 pm. BinaryX has increased by 5.30%, TitanSwap 2.88%. Since 2 pm 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins, have fallen between 0.40% and 1.61%, and most of them are lower than yesterday’s closing. 2100NEWS Digital Assets Total Index (NWST1100) has decreased by 0.82%. Bitcoin has decreased by 0.35%, Ether 1.14%.

Kyber Network Crystal v2 (KNC)

Kyber Network is a multi-chain crypto trading and liquidity hub that connects liquidity from different sources to enable trades at the best rates. KNC is a utility and governance token and an integral part of Kyber Network and the glue that connects various stakeholders in Kyber’s ecosystem. KNC is dynamic and can be upgraded, minted, or burned by KyberDAO to support liquidity and growth better. Holding KNC means having a stake in all the important innovation and liquidity protocols created for DeFi.

The day’s top movers (at 2 pm) are Fetch.ai and Frontier, surging by 26.22% since 9 am. 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 fallen by 0.54%, Bitcoin 1.125%, while Ether has risen by 1.37%.

Frontier (FRONT)

Frontier is a chain-agnostic DeFi aggregation layer. With applications, users can participate in protocol tracking and management, staking, best-rate asset swapping, liquidity provision, CDP creation & monitoring, and more. In short, Frontierʼs core mission is to bring the essential pieces of DeFi to users across whichever platforms they prefer.

The crypto markets consolidated. The day’s top movers (at 9 am) are THORChain and Frontier, rising by 19.80% since midnight. At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen by 0.99%, Bitcoin 1.10%, and Ether even 1.75%.

Fetch.ai (FET)

Fetch.ai is a platform that aims to connect Internet of Things (IoT) devices and algorithms to enable collective learning. It was launched in 2017 by a team based in Cambridge, UK. Fetch.ai is built on a high-throughput sharded ledger and offers smart contract capabilities to deploy machine learning and artificial intelligence solutions for decentralized problem-solving. These open-source tools are designed to help users create ecosystem infrastructure and deploy commercial models.

Lisk (LSK)

Established in May 2016, Lisk is an open-source project focused on blockchain accessibility. Lisk’s ecosystem offers everyone the opportunity to benefit from blockchain technology through developer tools, cryptocurrency wallets, and a vibrant community.