Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are Callisto Network and Neblio which has increased by 5.06% since 7 pm. Callisto Network is 2.66% higher.
In the evening the crypto markets were still going down and most of them finished the day in red. Today’s crypto market movement is illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. The large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) ended -0.87%. 2100NEWS Total Index (NWST1100) ended -0.43%. Similarly, Bitcoin ended -0.46% while Ether ended +0.20%.
Please read the notes to find out which criteria have been selected.
Neblio is a secure, distributed platform built for enterprise applications and services.
Top mover of the day at 19:10 is Callisto Network which has increased by 9.12% since 2 pm. XCAD Network has stayed the same while OAX has decreased by 3.63%. In the afternoon the crypto market went down sharply. Since 2 pm 2100NEWS Indices have fallen between 2.18% and 5.24% but most of them are still higher than 24 hours ago. 2100NEWS Total Index (NWST1100) is 4.69% lower. Bitcoin has fallen by 5.62%, Ether 4.47%.
Callisto Network (CLO)
Callisto Network is a decentralized platform based on Ethereum protocol with its cryptocurrency (CLO). Launched by the developers of Ethereum Commonwealth (Ethereum Classic), Callisto Network focuses its attention on the weakness of the cryptocurrency space, namely the security. Since 2018, Callisto has made numerous contributions to improve Ethereum, Ethereum Classic, EOS and has conducted over 350 smart contracts audits, making us the leader of the crypto-security industry.
The day’s top movers (at 2 pm) are Bitgert and OAX, rising by 7.16% since 9 am. The crypto markets soared. On the day, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported gains between 2.34% and 5.86%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has soared 6.34%, Ether 7,50%, and Bitcoin 7.54%.
OAX Foundation was created to explore the future of decentralized exchanges and address their four main shortcomings: speed, scalability, interoperability, and trust. Digital asset trading is currently dominated by centralized exchanges, which are both counter-intuitive to the nature of blockchain and vulnerable to hacking. Existing decentralized exchanges, on the other hand, while tailored to the proposition of digital assets, have performance issues deep-rooted in their technology.
The crypto markets soared. The day’s top movers (at 9 am) were Terra Classic and Bitgert. Neo has risen by 15.1% since midnight. On the day, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported gains between 2.29% and 5.48%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has soared 7.13%, Ether and Bitcoin 8.05%.
Neo bills itself as a “rapidly growing and developing” ecosystem that aims to become the foundation for the next generation of the internet. Digitized payments, identities, and assets come together in this new economy. Initially known as Antshares, this project was believed to be China’s first-ever public blockchain when it was launched in February 2014. The open-source platform subsequently rebranded to Neo three years later. As well as creating a worldwide community of developers who create new infrastructure for the network and lower barriers to entry, the team behind this project operates an EcoBoost initiative designed to encourage people to build decentralized apps and smart contracts on its blockchain. It’s often been likened to the Chinese version of the Ethereum network.
Bitgert Is A Crypto Engineering Organization, Which Has Built The Fastest Blockchain Which Has The Speed Of 100,000 Transaction Per Second & Near Zero Transaction Fee; Bitgert Is The Fastest Blockchain Of 2022 And The Fastest Growing Ecosystem With Projects Spanning DeFi, NFTs, Web3 & Much More, Bitgert Also Has Developed A BRC20/ERC20/BEP20 Supported Wallet on Android & iOS, Bitgert Coin Exists on Binance Smart Chain & Bitgert Chain.
Terra Classic (LUNC)
Luna Classic is the first native token of Terra blockchain, released in August 2018. LUNC existed before the launch of the new chain — now branded Terra (LUNA) — and works with the original code of the Terra ecosystem. The primary function that the native token performed was to absorb the price deviation of the algorithmic stablecoin — $UST. The price of the UST stablecoin was pegged to the US dollar by minting and burning UST tokens to balance the supply and demand of the coin. In May 2022, UST lost its peg and collapsed. The UST stablecoin algorithm created trillions of LUNA tokens, fell into a hyperinflationary spiral, and reduced the value of the original LUNA token by 99%.
Terra (LUNA) and Terra Classic (LUNC) have the right to exist due to the implementation of a proposal called Terra Ecosystem Revival Plan 2. The essence of the plan is to split the current blockchain through forking, creating a new chain in the ecosystem, and preserving the previous version. According to the recovery plan, the existing chain and token have been rebranded as Terra Classic. The new LUNA tokens were airdropped to existing holders of LUNA and UST before the depeg, and the subsequent crash occurred.