Movers of the Day 3-Jan-2023

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

Top movers of the day are Songbird and XYO. Since 7 pm Songbird has surged 33.23%, XYO 11.10%.

Most cryptocurrencies finished the day lower. The tokens built on Ethereum measured by 2100NEWS Ethereum Based Index (NWSET100) ended -0.63%. Their movement can be seen on the adjacent NWSET chart over the past 24 hours. 2100NEWS Total Index (NWST1100) ended -0.15%. Bitcoin ended -0.18%, Ether ended -0.27%.

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

Songbird (SGB)

Flare is a new Layer-1 blockchain which enables secure universal interoperability between chains – scaling the use of blockchain by enabling all digital assets and onchain information to flow freely. This is cross-chain interoperability with the security of multi-chain. Songbird, Flare’s Canary Network marks a key step for the entire industry in enabling tokens on networks without smart contracts to be used trustlessly and in a non-custodial manner for the first time with scalable smart contracts.

Top movers of the day at 19:10 are XYO and Songbird. Since 2 pm XYO has surged 17.60%, Songbird 7.81%. In the afternoon the crypto markets went down. Since 2 pm 2100NEWS Indices which measure the performance of different groups of tokens and coins have fallen between 0.08% and 0.92%. Bitcoin and 2100NEWS Total Index (NWST1100) have decreased by 0.49%, both. Ether is 0.56% lower.

XYO (XYO)

XYO is a decentralized data oracle that can validate data from multiple sources without requiring a trusted relationship. XYO means you can keep a permanent record of invaluable data between two devices, even if owned and controlled independently, whether it’s a photo of your dog or the temperature in a shipping truck. Use XYO to establish the validity of your data or the data of others, and join us in our movement to transform industries and everyday life with our technology.

The day’s top movers (at 2 pm) are XYO and Alpha Venture DAO, rising by 14.43% 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 0.01%, while Ether has fallen 0.14% and Bitcoin by 0.09%.

Alpha Venture DAO (ALPHA)

Alpha Finance Lab is an ecosystem of cross-chain DeFi products that will interoperate to bring optimal alpha returns to users. Alpha products focus on capturing unaddressed demand in DeFi in an innovative and user-friendly way.

The crypto markets rose. The day’s top movers (at 9 am) were JasmyCoin and Kava, rising by 10.34% since midnight. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen 0.44% and Ether by 0.25%, while Bitcoin has fallen 0.04%.

Kava (KAVA)

The Kava blockchain is the first cross-blockchain DeFi platform enabling users to leverage and hedge using a multi-collateral CDP system and collateral-backed stablecoin (USDX).

JasmyCoin (JASMY)

JasmyCoin is based on the ERC 20 standard. The Token can also be used by an unspecified number of individuals and businesses to transfer tokens using digital devices as proof of value exchange or payment for services. By not limiting its usability, the Token can have a wide range of purposes.

Creditcoin (CTC)

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, banks do not accept credit records from non-banks since they cannot trust the data. The project aims to solve the problem by recording credit transaction history objectively on a public blockchain.