Movers of the Day 3-Mar-2022

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

The day’s top movers are Tornado Cash and Goldfinch. Trust Wallet Token has risen by 12.44% since 7 pm.

As illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the past 24 hours, the crypto markets ended in the red. Since 7 pm, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported gains between 0.31% and 1.21%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has plunged 3.41%, Ether even 4.40%, and Bitcoin 3.55%.

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

Trust Wallet Token (TWT)

Trust Wallet Token is a crypto developed by Trust Wallet. Trust Wallet stores your coins and tokens in a single, secure wallet. More than 40 blockchains and 160k+ assets are supported. Trust Wallet development team continues to add support for more cryptocurrencies every month.

In the afternoon, the crypto markets fell sharply. The top movers of the day at 19:10 are Tornado Cash and Propy. Since 2 pm, Tornado Cash has surged 31.88%, Propy 12.74%. Biconomy has increased by 7.85%. Since 2 pm 2100NEWS DA Indexes have fallen between 1.76% and 3.40%. 2100NEWS Digital Assets Total Index (NWST1100) has decreased by 2.86%. Bitcoin has fallen 2.55%, Ether 3.21%.

Tornado Cash (TORN)

Tornado Cash is a fully decentralized non-custodial protocol allowing private transactions in the crypto-space. As a decentralized protocol, Tornado Cash smart contracts have been implemented within the Ethereum blockchain, which makes them immutable. They can neither be changed nor tampered with. Therefore, nobody – including initial developers – can modify or shut them down. All governance and mining smart contracts are deployed by the community in a decentralized manner. As a non-custodial protocol, users keep custody of their cryptocurrencies while operating Tornado Cash. Indeed, at each deposit, they are provided with a private key enabling access to the deposited funds, which gives users complete control over their assets.

The day’s top movers (at 2 pm) are Unifty and Goldfinch, soaring 36.20% since 9 am. The crypto markets have trended sideways. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -0.42% and -1.45%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen by 1.41%, Bitcoin 0.95%, and Ether even by 2.24%.

Goldfinch (GFI)

Goldfinch is a decentralized credit protocol for crypto loans without crypto collateral. By incorporating the principle of “trust through consensus” and using different types of off-chain collateral, the Goldfinch protocol creates a way for borrowers to show creditworthiness based on more than just their crypto assets. This is the missing piece that finally unlocks crypto lending in emerging markets and other places where crypto can truly empower financial inclusion. The protocol serves thousands of end borrowers across India, Mexico, Nigeria, and Southeast Asia.

The crypto markets fell. The day’s top movers (at 9 am) are Liquity and Goldfinch, rising by 11.91% since midnight. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -0.79% and -2.03%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen by 1.37%, Bitcoin 1.06%, and Ether even by 2.23%.

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%.