Movers of the Day 28-Jan-2023

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

Top movers of the day are Render Token and Concordium. Since morning Render Token has surged 23.71%, Concordium 29.74%.

The crypto markets finished the day in red as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours.  The tokens built on Ethereum represeted by 2100NEWS Ethereum Based Index (NWSET100) ended -0.55%. Similarly, our main 2100NEWS Total Index (NWST1100) ended -0.54%. Ether ended -1.64%, Bitcoin -0.02%.

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

Render Token (RNDR)

RenderToken is a distributed GPU rendering network built on top of the Ethereum blockchain. It aims to connect artists and studios needing GPU computing power with mining partners willing to rent their GPU capabilities out. RNDR is an ERC-20 utility token used by artists on the network to exchange for GPU compute power from GPU providers (node operators).

Concordium (CCD)

Concordium is a public-layer 1, science-backed blockchain, designed to balance privacy with accountability through its ID layer. The protocol level ID, ensures that every wallet is associated with a real-world identity that has been verified through a third-party ID provider so that people and companies can trust one another, while remaining private, with zero-knowledge-proof. With safe transactions, Concordium can unlock a global, multi-trillion-dollar economy, so bankers to regulators actually want to use blockchain.

Top movers of the day are Flux and Gala. Since midnight Flux has surged 15.87%, Gala 12.22%. MAGIC is 3.91% higher.

The crypto markets started out at the same levels as they finished last night. In the last 24 hours the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have increased by 2.24%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 0.80% higher. Ether has increased by 0.47% while Bitcoin is 0.30% lower.

MAGIC (MAGIC)

MAGIC is the standard native token of Treasure. Initially known as a Loot derivative, Treasure has transformed into a sprawling ecosystem at the intersection of DeFi, NFTs, and Gaming. Treasure is the decentralized video game console connecting games and communities through bottom-up driven IP and infrastructure, unified through a standard set of composable resources. Underpinning the Treasure ecosystem is $MAGIC – a fair launch token that powers key infrastructure and acts as a reserve asset across partner ‘game cartridges’.

Flux (FLUX)

Flux is the new generation of scalable decentralized cloud infrastructure. Develop, manage, and spawn your applications on multiple servers at once—Ready for Web 3.0, Dapps, and more. The Flux Ecosystem is a fully operational suite of decentralized computing services and blockchain-as-a-service solutions that offer an interoperable, AWS-like development environment. The Ecosystem consists of the following components, all fully deployed and operational: Flux, a native GPU mineable POW (Proof of Work) coin providing incentive for hardware hosters, XDAO governance on-chain, and lousy actor mitigation via staking requirements for running hardware.

Gala (GALA)

GALA claims to be designed to power the Gala Games ecosystem to support gaming re-imagined to benefit creators and players alike. Founded by greats from the gaming and blockchain industry, Gala Games is redefining the world of gaming. All OLD-school gamers remember the sound of blowing the dust out of a Nintendo cartridge to get ready to play their favorite game or the pride you took in lining up your Playstation games on a shelf in your bedroom.