Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are Unifi Protocol DAO and Venus. Since 7 pm Unifi Protocol DAO has surged 20.01%, Venus 16.72%.
The crypto markets finished the day mixed. The large caps measured by 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) ended +0.92%. Their movement can be seen on the adjacent NWSLT chart over the past 24 hours. On the other hant Bitcoin and Ether ended lower: BTC -0.48%, ETH -1.65%.
Please read the notes to find out which criteria have been selected.
Unifi Protocol DAO (UNFI)
Unifi Protocol DAO is a group of non-custodial, interoperable, decentralized, and multi-chain smart contracts providing the building blocks for the next generation of DeFi development. The Unifi Protocol is designed to provide developers with functional DeFi building blocks linking multiple blockchains into one large DeFi marketplace. uTrade is the working proof-of-concept for harnessing multi-chain and multi-platform liquidity mining to power UNFI, Unifi’s Global Governance Token.
Top mover of the day at 19:10 is HyperDAO which has surged 84.46% since 2 pm. Bitcoin Standard Hashrate Token has increased by 1.15%, Prom 4.80%.
The crypto markets still trended sideways. In the last 24 hours 2100NEWS DA Indexes have increased up to 1.35%. 2100NEWS Digital Assets Total Index (NWST1100) has increased by 0.11%. Bitcoin is 0.19% higher while Ether is 2.05% lower.
HyperDAO is committed to creating an efficient, transparent, and achievable autonomous digital asset financial ecosystem that serves as a one-stop platform for all your financial needs. HyperDAO will gradually transform its existing centralized business model into a decentralized one governed by our community members. By implementing the concepts of decentralization and community governance, HyperDAO will take a step towards a truly decentralized society, one in which decision-making processes are both transparent and autonomous.
Top movers of the day at 14:10 are Wing Finance, Ampleforth Governance Token which has surged 97.13% since 9 am. Wing Finance is 43.19% higher.
The crypto markets trended sideways. In the last 24 hours the large caps measured by 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) have increased by 3.96%. Moreover, the mid caps represented by 2100NEWS Digital Assets 200 Mid Cap Index (NWSM200) are 4.95% higher. Bitcoin has increased by 2.64%, Ether 2.71%.
Ampleforth Governance Token (FORTH)
FORTH is a new governance token that completes the AMPL ecosystem by putting control of the protocol in the hands of the community. Anyone who has interacted with the AMPL ecosystem on-chain can claim FORTH tokens. FORTH is the mechanism by which the community will vote on parameter changes to the core AMPL protocol and, more broadly, the tool the community will use to steer the continued evolution of the Ampleforth ecosystem. Where AMPL represents an independent currency that functions as a unit of account, FORTH is the governing mechanism that oversees its evolution. FORTH is an inflationary token that can be directly utilized or delegated to propose and vote on changes to the Ampleforth protocol. Its model is an extension of Compound Finance’s COMP. To ensure a fair system that offers proper incentives for all network participants, initial governance parameters will be set when deploying on-chain governance. Additionally, you will be able to delegate your FORTH to “representatives” who will then be able to utilize your voting power to propose changes or vote on your behalf.
Top movers of the day are Wing Finance and Bitcoin Standard Hashrate Token. Since midnight Wing Finance has soared 85.92%, Bitcoin Standard Hashrate Token 71.58%. Livepeer has increased by 14.27%.
Most cryptocurrencies started out higher today. Since midnight 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins have increased up to 2.43%. Bitcoin and our main 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization are 0.38% higher both . On the other hand Ether has decreased by 1.30%.
Wing Finance (WING)
Wing is described to be a credit-based, cross-chain DeFi lending platform dedicated to the crypto asset lending and cross-chain interactions between DeFi products. The project’s decentralized governance model and risk control mechanism are described to promote a mutually beneficial relationship between borrowers, creditors, and guarantors. Wing has also developed a credit evaluation module as a showcase example of credit-based decentralized lending.
Bitcoin Standard Hashrate Token (BTCST)
Bitcoin Standard Hashrate Token solves the limited number of exit options – a significant impediment to participation in Bitcoin mining by bringing exchange-grade liquidity to Bitcoin mining. Each BTCST is collateralized by 0.1 terahash per second (“TH/s”) of Bitcoin mining power. By staking BTCSTs, holders of the tokens will receive daily Bitcoin distributions corresponding to the mining power staked. What is more, because the market price of BTCST is determinable as the discounted cash flow of the underlying mining power, BTCST in secondary trading will perform as a leveraged Bitcoin token free from liquidation risk. BTCST will create an efficient market for Bitcoin mining power.
Livepeer is an open-source video infrastructure service built on the Ethereum Blockchain. It was created to provide decentralized, affordable, and reliable video encoding to enable new use cases and business models. Token holders can reportedly bond their token towards a Transcoder to perform work on their behalf and earn newly minted tokens and fees.