Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are Anchor Protocol and Mirror Protocol. Since morning Anchor Protocol has surged 28.66%, Mirror Protocol 27.99%.
The crypto markets finished the day in red as illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the past 24 hours. 2100NEWS DA Indexes ended between -0.63% and -3.30%. Our main 2100NEWS Digital Assets Total Index (NWST1100) ended -1.20%. Bitcoin ended -0.97%, Ether ended -1.76%.
Please read the notes to find out which criteria movers have been selected.
Mirror Protocol (MIR)
The 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 Anchor Protocol and PlayDapp. Since midnight Anchor Protocol has soared 128.82%. PlayDapp has increased by 25.02%, Decentraland 19.23%.
The crypto markets started out lower today. Since midnight 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins have fallen between 0.85% (NWSM200) and 2.24% (NWSS300). Our main 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 1.40% lower. Bitcoin has decreased by 1.62%, Ether 1.21%.
Anchor Protocol (ANC)
Anchor Protocol is a lending and borrowing protocol on the Terra blockchain. It uses an over-collateralized architecture to allow users to lend, borrow and earn interest with their digital assets. Anchor is a savings protocol on the Terra blockchain that enables fast withdrawals and pays depositors a low-volatility interest rate, which is amongst the highest among stablecoins at ~19.5%. Anchor makes deposits available to borrowers who pledge liquid-staked PoS assets, bLUNA and bETH, as security.
PlayDapp is a dApp game portal that provides a C2C Marketplace. All PlayDapp games are interoperable, thus providing a portfolio of game content that gamers can enjoy with their non-fungible tokens(NFT). Gamers can also trade their characters and items in the C2C marketplace in addition to increasing the value of the NFT by leveling up, strengthening, and amalgamating them.
Decentraland is a virtual reality platform powered by the Ethereum blockchain. Users can create, experience, and monetize their content and applications. Land in Decentraland is permanently owned by the community, giving them complete control over their creations. Users claim ownership of virtual land on a blockchain-based ledger of parcels.