Movers of the Day 5-May-2022

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

The day’s top movers are Anyswap and Multichain, rising by 6.36% 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 plunged. At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has plunged 7.67%, Bitcoin 8.17%, and Ether 6.57%.

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

Multichain (MULTI)

Multichain is the ultimate Router for web3. It is an infrastructure developed for arbitrary cross-chain interactions. Multichain was born as Anyswap on the 20th of July 2020 to serve the clear needs of different and diverse blockchains to communicate with each other. Each blockchain has its own unique services that it provides, its own community, and its own development ecosystem.

In the afternoon, the crypto markets fell sharply. The top mover of the day at 19:10 is Unifty which has increased by 5.71% since 2 pm. The others are lower. Since 2 pm 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins, have dropped between 5.45% and 8.77%. 2100NEWS Digital Assets Total Index (NWST1100) is 6.67% lower. Bitcoin has fallen by 6.21%, Ether 5.81%.

Unifty (NIF)

Unifty provides CAAS (Contracts As A Service) solutions to enable digital artists and any collectible issuer to create their contracts for different purposes without coding knowledge. The services include a collection of contracts and pre-made dapps like erc1155 collection creation, farms, pre-sale auctions, NFT swapping, and more. Every contract created with Unifty is fully owned and controlled by the user, and the list of our services is growing continuously.

The day’s top movers (at 2 pm) are Synapse and Steem, rising by 16.22% 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 surged by 2.35%, Bitcoin 1.35%, and Ether 1.95%.

Steem (STEEM)

Steem bills itself as a social blockchain that grows communities and makes revenue streams possible for users by rewarding them for sharing content. It also powers real applications via social apps like Steemit. Steem started as the cryptocurrency on the Steemit platform that rewards users for community building through upvoting and posting meaningful content. Founded in 2016 by Ned Scott and BitShares creator Dan Larimer, the Steemit platform, built atop the Steem blockchain, is a social media network that seeks to be a source of community-driven curated content such as news, Q&A, and job boards. The more value a particular piece of content can deliver across a more significant number of people, the greater the reward received by the creator. Steemit users can cast votes to create a hierarchy of content. The higher the upvote count received on a content piece, the more Steem is earned by its publisher. Steemit’s meritocratic system also enables users that hold more currency to cast more meaningful, more significant influence votes.

The crypto markets soared because Fed hiked interest rates by 50 basis points. The day’s top movers (at 9 am) are Synapse and Zilliqa, rising by 11.24% 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 soared 4.69%, Bitcoin 3.20%, and Ether 4.27%.

Zilliqa (ZIL)

Zilliqa is a high-throughput public blockchain platform designed to scale to thousands of transactions per second. It is built to deliver performance, scalability, and security. Zilliqa aims to drive the blockchain industry forward by developing the highest quality technology infrastructure to create measurable real-world impact. We have sought to establish partnerships across industry verticals that have emerged as clear beneficiaries of innovative, decentralized technologies, with participation across digital advertising, financial services, payments, gaming, and digital entertainment. With our platform, we hope users and businesses can leverage the full potential of decentralized technology.

Synapse (SYN)

Synapse is a cross-chain layer ∞ protocol powering frictionless interoperability between blockchains. By providing decentralized, permissionless transactions between any L1, sidechain, or L2 ecosystem, Synapse powers integral blockchain activities such as asset transfers, swaps, and generalized messaging with cross-chain functionality – and in so doing, enables new primitives based on its cross-chain architecture. While Synapse’s focus is on cross-chain transactions, at its core, there has been and continues to be an AMM that enables low slippage swaps between pegged assets on any chain. At any point, users can use Synapse to swap between native stablecoins at the best rates on all Synapse-enabled chains.

Mines of Dalarnia (DAR)

Mines of Dalarnia is an action-adventure game with a blockchain real-estate market. MoD is based on a simple and simultaneously captivating gameplay, where users can mine and combine in-game items, then utilize them to upgrade their characters (skills and equipment), thereby increasing their rank in the game. Players can go in search of rare artifacts/relics/minerals, complete quests, team up with other players to defeat monsters, and unlock rewards.