Movers of the Day 13-Oct-2022

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

The day’s top movers are SingularityNET and Mdex. TerraCassicUSD has risen by 6.49% since 7 pm.

As illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the last 24 hours, the crypto markets swung 5%; they plunged to bear market lows on a hot inflation report, then a massive rally following an inflation reading. A trough-to-peak run-up regained a majority of the losses in intraday trading. Since 2 pm, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported gains between 2.54% and 5.97%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen by 0.31% and Bitcoin by 1.17%, while Ether has fallen by 0.56%.

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

TerraClassicUSD (USTC)

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 to be accessible to anyone with an Internet connection.

In the afternoon, the crypto markets came back. The top movers of the day at 19:10 are SingularityNET and PIVX, which has surged 15.53% since 2 pm. SingularityNET has increased by 9.70%.  Since 2 pm, 2100NEWS Indices have increased up to 4.22%, but half is still more than 2% lower than 24 hours ago. 2100NEWS Total Index (NWST1100) is 2.41% higher (-1.09% in the last 24 hours). Bitcoin has increased by 1.77%, Ether by 1.54%.

PIVX (PIVX)

PIVX is an open-source digital token concentrating on fast individual transactions with low transaction fees as well as an environmental footprint. PIVX employs a custom Proof of Stake protocol for ensuring its network. It utilizes an innovative variable seesaw reward mechanism balancing dynamically 90% of its block reward size between masternodes and staking nodes and 10% for budget proposals. PIVX aims to gain a distributed sustainable virtual token with near-instant full-time private transactions, fair governance, and community intelligence.

The day’s top movers (at 2 pm) are SingularityNET and Mdex, surging by 20.31% since 9 am. The crypto markets have plunged. On the day, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported losses between -2.79% and -5.94%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has plunged 3.73%, Ether by 4.00%, and Bitcoin by 1.83%.

NWST100 index has broken support (symmetrical triangle); next support is 3% lower.

Mdex (MDX)

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 dropped. The day’s top movers (at 9 am) were RichQUACK.com and SingularityNET, soaring 44.37% since midnight. On the day, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported losses between -0.78% and -3.78%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen by 1.78%, Ether by 1.00%, and Bitcoin by 0.47%.

SingularityNET (AGIX)

SingularityNET is the protocol specifically designed to solve these problems while opening the AI market to the entire world. SingularityNET enables AI-as-a-service on a permissionless platform so anyone can use AI services easily.