Movers of the Day 25-May-2022

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

The day’s top movers are WEMIX and Radicle, rising by 15.41% 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 trended sideways. Since 7 pm, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported gains between 0.16% and 1.35%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen by 0.04%, Bitcoin by 0.82%,  while Ether has fallen by 0.63%.

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

Radicle (RAD)

Radicle is a decentralized network for code collaboration. The project’s mission is to develop resilient infrastructure for open-source communities that is secure, sovereign, and exclusively built on open protocols, not platforms. Radicle’s protocols enable developers to collaborate on code without relying on trusted intermediaries. Its peer-to-peer network is complemented by an opt-in Ethereum smart contract system that enables global names, decentralized organizations, and protocols that help maintainers sustain their open-source work. With Ethereum, Radicle is harnessing the power of Ethereum and DeFi to enable developers to own their collaboration infrastructure truly. Since launching in beta this past December, Radicle has seen over 1,000 projects published to the network and garnered substantial interest from across the Web3 ecosystem.

Generally, the crypto markets were higher. The top movers of the day at 19:10 are SuperRare and Gods Unchained. Since 2 pm SuperRare has increased by 8.04% and Gods Unchained by 8.57%. Radicle is 2.03% higher. Since 2 pm 2100NEWS DA Indexes have increased up to 0.69%. 2100NEWS Digital Assets Total Index (NWST1100) is 0.35% higher. Bitcoin has increased by 0.40%, Ether only 0.19%.

SuperRare (RARE)

SuperRare 2.0 introduces web-scale curation, independently running storefronts on the platform, and sovereign minting contracts for the artists to mint, promote, and sell their works directly to collectors. By embarking on this path of progressive decentralization, SuperRare shifted ownership and governance of the network to the community. SuperRare 2.0 is a DAO, a decentralized organization that oversees key platform parameters, allocates funds from the Community Treasury, and votes on proposed improvements to the network and protocol.

The day’s top movers (at 2 pm) are Burger Swap and Tranchess, surging by 23.08% 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 -0.01% and -2.19%. 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 0.20%, Ether by 0.98%,  while Bitcoin has risen by 0.55%.

Tranchess (CHESS)

Tranchess is a yield-enhancing asset tracker with various risk-return solutions. Tranchess provides a different risk/return matrix from a single main fund that tracks a specific underlying asset. The name Tranchess was inspired by the game of chess and the French word “Tranche,” which is often associated with tranche funds that cater to different classes of investors with varying risk appetites.

The crypto markets rose. The day’s top movers (at 9 am) are Astar Network and Burger Swap, soaring 44.66% 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 risen by 0.81%, Bitcoin even 1.61%, and Ether by 0.23%.

Burger Swap (BURGER)

BurgerSwap is the first democratized decentralized AMM on the Binance Smart Chain, built without the control of any centralized entity through smart contracts. BurgerSwap has been developed based on the DEMAX decentralized finance platform built on Binance Smart Chain, enabling a swapping mechanism with democratic, decentralized mechanics, which allows changing parameters by the community through transparent voting.

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, the highest among stablecoins at ~19.5%. Anchor makes deposits available to borrowers who pledge liquid-staked PoS assets, bLUNA and bETH, as security.