Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are Creditcoin and TerraClassicUSD which has increased by 9.87% since 7 pm. Creditcoin is 3.15% higher.
The crypto markets finished the day in red as illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the last 24 hours. 2100NEWS Indices ended between -0.83% and -2.63%. 2100NEWS Total Index (NWST1100) ended -1.41%. Bitcoin ended -1.25%, Ether ended -1.20%.
Please read the notes to find out which criteria have been selected.
Terra is an open-source blockchain hosting a vibrant ecosystem of decentralized applications (dApps) and top-tier developer tools. Using proof-of-stake consensus and ground-breaking technologies like Mantlemint, Terrain, and Terra Station, the Terra blockchain is one of the fastest chains in existence, giving users an unparalleled DeFi experience. As a permissionless, borderless economy, Terra enables next-generation financial products accessible to anyone with an Internet connection.
Top movers of the day at 19:10 are Creditcoin and Mdex. Since 2 pm Creditcoin has surged 31.36%, Mdex 9.04%. The crypto markets still trended sideways. According to the yesterday’s closings 2100NEWS Indices which measure the performance of different groups of tokens and coins have fallen between 1.20% and 2.65%. 2100NEWS Total Index (NWST1100) is 1.68% lower. Bitcoin has fallen 1.64%, Ether 1.45%.
Launched by a team based in the US, Canada, South Korea, Nigeria, and Estonia, Creditcoin aims to address the lack of a credit system among the unbanked in the emerging market. People who cannot access the banking system have to borrow from non-banks. However, credit records with non-banks are not accepted by the banks since they cannot trust the data. The project aims to solve the problem by recording credit transaction history objectively on a public blockchain.
The day’s top movers (at 2 pm) are TerraClassicUSD and Mdex, surging by 28.38% since 9 am. The crypto markets have trended sideways. During the same period, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen by 0.14%, while Bitcoin has fallen by 0.77% and Ether by 0.74%.
Mdex is an automatic market-making decentralized exchange based on the concept of fund pools. It is similar in function to some DEXs on the market, but on this basis, it proposes and implements a dual-chain DEX model based on the Huobi Eco Chain and Ethereum. It combines the advantages of the low transaction fees of the Huobi Eco Chain and the prosperity of the Ethereum ecosystem. It supports the dual mining mechanism of liquidity and transactions.
The crypto markets trended sideways. The day’s top movers (at 9 am) were TerraClassicUSD and JUST, rising by 15.50% since midnight. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen by 0.69% and Bitcoin by 0.10%, while Ether has risen by 0.08%.
JUST aims to build a fair, decentralized financial system that provides stablecoin lending and governance mechanisms for users worldwide. JUST is a two-token system. The first token, USDJ, is a stablecoin pegged to the US Dollar at a 1:1 ratio and is generated by collateralizing TRX via JUST’s CDP portal. JST, the second token, can be used for paying interest, platform maintenance, participating in governance through voting, and other activities on the JUST platform. JUST allows all transactions, collateralization, and governance to be transparently executed on-chain. JUST is built on the TRON Network, the largest decentralized application ecosystem, and aims to provide a set of easy-to-use and transparent financial services for all its members.
Clearpool is a decentralized marketplace for unsecured institutional capital. It allows institutions to borrow funds from a decentralized network of lenders without the need for collateral. On Clearpool, whitelisted institutional borrowers can create and launch individual single-borrower liquidity pools. Lenders can earn attractive risk-adjusted interest rates for supplying liquidity to a borrower pool. Anybody can be a lender, and yields are enhanced with additional CPOOL rewards, making Clearpool one of the most attractive venues for DeFi lenders.