Movers of the Day 27-Oct-2022

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

The day’s top movers are Klaytn and JOE, surging by 20.92% since 7 pm.

The crypto markets have retraced, as illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the last 24 hours. Since 2 pm, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported losses between -1.04% and -1.89%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen 1.62%, Ether by 2.29%, and Bitcoin by 1.82%.

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

JOE (JOE)

JOE is a token developed by Trader Joe, your one-stop decentralized trading platform on the Avalanche network. JOE is a governance token that rewards its holders with a share of exchange revenues. The token distribution follows a fixed supply, decaying emission model. 0.05% of all trades are paid to xJOE staking pool. A share of fees from lending interest and liquidations will also be paid to the xJOE staking pool. The % will be determined at the launch of the lending product. JOE token holders may stake their JOE to xJOE and receive a share of the revenues. In the long term, the founding team envisions Trader Joe as a community-governed protocol, such as a DAO. JOE is a governance token allowing holders to vote on community proposals.

The crypto markets trended sideways- The top movers of the day at 19:10 are Klaytn and WhiteBIT Token. Since 2 pm, Klaytn has increased by 4.07% and WhiteBIT Token by 6.78%. Mask Network is 3.07% higher. Over the last 24 hours, the tokens built on Ethereum measured by 2100NEWS Ethereum Based Index (NWSET100) have decreased by 0.13%. 2100NEWS Total Index (NWST1100) is 0.36% lower. Bitcoin has fallen by 0.94%, while Ether has returned to the same level.

WhiteBIT Token (WBT)

WhiteBIT is the largest European cryptocurrency exchange. The platform was established in 2018 and has already become one of the leading crypto exchanges with 3+ mln users worldwide. WhiteBIT’s goal is to contribute to blockchain technology’s mass adoption and popularization by implementing the most effective trading and staking tools on the most convenient terms. The most popular and efficient trading orders for spot and margin trading, up to 20x leverage for margin and perpetual Bitcoin futures trading, unique passive income tools, a referral program, and the lowest trading fees on the market are only part of the functionality available on WhiteBIT.

The day’s top movers (at 2 pm) are Klaytn and QuarkChain. Alchemix has risen by 7.61% since 9 am. The crypto markets have consolidated. During the same period, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen 0.36% and Ether by 1.24%, while Bitcoin has fallen by 0.11%.

Alchemix (ALCX)

Alchemix Finance is a future-yield-backed synthetic asset platform and community DAO. The platform gives you advances in yield farming via a synthetic token representing a fungible claim on any underlying collateral in the Alchemix protocol. The DAO will focus on funding projects to help the Alchemix ecosystem grow and the greater Ethereum community.

The crypto markets surged. The day’s top movers (at 9 am) are Klaytn and QuarkChain, surging by 26.49% since midnight. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has surged by 2.87%, Bitcoin by 2.63%, and Ether even 4.13%.

QuarkChain (QKC)

QuarkChain aims to provide a secure, decentralized, and scalable blockchain solution to deliver 1,000,000+ on-chain TPS (transactions per second). The main features of Quarkchain are its reshardable two-layered blockchain, collaborative mining, horizontal scalability, cross-shard transactions, and streamlined account management.

Klaytn (KLAY)

Klaytn is a public blockchain focused on the metaverse, gamefi, and the creator economy. Officially launched in June 2019, it is the dominant blockchain platform in South Korea and is now undergoing global business expansion from its international base in Singapore.