Tokens and coins that moved the most in the last 24 hours:
The day’s top movers are Ribbon Finance and Optimism, rising by 12.49% 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. At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen by 1.10% and Bitcoin 0.84%, while Ether has fallen by 0.58%.
Please read the notes to find out which criteria have been selected.
Optimism is a layer-two blockchain on top of Ethereum. Optimism benefits from the security of the Ethereum mainnet and helps scale the Ethereum ecosystem by using optimistic rollups. That means transactions are trustlessly recorded on Optimism but ultimately secured on Ethereum.
In the afternoon, the crypto markets were going up. The top movers of the day at 19:10 are Bounce Finance Governance Token and CUDOS, which has surged 14.85% since 2 pm. Bounce Finance Governance Token has increased by 8.63%, Seedify.fund by 7.96%. Since 2 pm 2100NEWS DA Indexes have increased up to 1.39%. 2100NEWS Digital Assets Total Index (NWST1100) is 0.64% higher. Bitcoin has increased by 0.33%, Ether 0.11%.
Cudos is a staking and computing token engineered to power the CUDOS network and transfer part of the value generated on the Cudo network to users who stake CUDOS. The CUDOS token is a qualification, discount, and staking token. As a discount token, it is used to transact and stake in the CUDOS network and to transfer part of the value generated on the Cudo network to users who stake CUDOS. CUDOS can also be kept, shared, or donated to charity. In the CUDOS network, the key functions of the token are: 1) Staking 2,000,000 CUDOS to become a CUDOS Validator Node and get rewards; 2) Delegated staking to support other CVNs; 3) MoE powering the on-chain CUDOS network; 4) Staking for discounts. In the Cudo ecosystem, the token can be used for: 1) Staking to receive a discount in fees or share the revenue from fees; 2) Staking to qualify for jobs and earn more significant revenue.
The day’s top movers (at 2 pm) were Alpaca Finance and Perpetual Protocol, rising by 13.37% since 9 am. The crypto markets have rebounded. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported gains between 0.84% and 2.09%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has surged by 2.77%, Bitcoin 1.94%, and Ether even 4.32%.
Perpetual Protocol (PERP)
Perpetual Protocol is a decentralized perpetual contract protocol for every asset, made possible by a Virtual Automated Market Maker (vAMM). Like Uniswap, traders can trade with our vAMMs directly without needing counterparties. The vAMMs provide guaranteed on-chain liquidity with predictable pricing set by constant product curves. The vAMMs are also designed to be market neutral and fully collateralized. PERP holders can become stakers by staking the PERP tokens in their possession to a Staking Pool. In return, stakers are rewarded with a portion of the transaction fees in stablecoins plus staking rewards in PERP.
The crypto markets trended sideways. The day’s top movers (at 9 am) were Alpaca Finance and RSK Infrastructure Framework, surging by 23.59% 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 1.59%, Bitcoin 0.53%, and Ether even 2.92%.
RSK Infrastructure Framework (RIF)
RIF aims to create the building blocks to construct a fully decentralized internet. All RIF services are designed to facilitate the interaction of the global community of developers and blockchain technology.
Alpaca Finance (ALPACA)
ALPACA is the governance token of the Alpaca Finance platform. Alpaca Finance is a leveraged-yield farming protocol built on the Binance Smart Chain. It allows yield farmers to earn a higher return by opening leveraged positions. Alpaca Finance is a fair launch project with no pre-sale, no investor, or pre-mine. Like many fair launch projects, it will reward various participants who help bootstrap our ecosystem. This will be the only way to earn ALPACA tokens. ALPACA token will capture the economic benefits of the protocol. There will be a maximum of 188 million ALPACA tokens.
Rari Governance Token (RGT)
The Rari Governance Token is the native token behind Rari Capital. Rari Capital is a non-custodial DeFi Robo-advisor that autonomously earns users’ yield.