Movers of the Day 18-Feb-2023

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

Top movers of the day are Cocos-BCX and Velo. Since morning Cocos-BCX has surged 84.75%, Velo 31.18%. StaFi has increased by 18.86%.

Most tokens and coins finished the day higher. The large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) ended +0.64%. Their movement can be seen on the adjacent NWSLT chart over the past 24 hours. Our main 2100NEWS Total Index (NWST1100) ended +0.27%. Bitcoin ended +0.12% while Ether ended -0.27%.

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

Cocos-BCX (COCOS)

Cocos-BCX, fully named ‘Cocos BlockChain Expedition,’ aims to create an integrated multi-platform runtime environment for games, providing developers with convenience and completeness in game development while bringing users a whole new gaming experience, unprecedented gaming status, and with all the assets obtained in the games being wholly owned by the users.

Top movers of the day are Velo and Blur. Since midnight Velo has surged 17.14%, Blur 19.41%. Moonriver is 6.77% higher.

The crypto markets trended sideways this morning. In the last 24 hours 2100NEWS Indices which measure the performance of different groups of tokens and coins have increased up to 4.35%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 3.36% higher. Bitcoin has increased by 3.71%, Ether 2.17%.

Velo (VELO)

Velo is a token of Velo, a blockchain-based financial protocol enabling digital credit issuance and borderless asset transfer for businesses using a smart contract system. VELO tokens are utility tokens designed to ensure the settlement of digital credits issued in the ecosystem by being used as smart contract-locked collateral for value transfers. Value for VELO token holders will increase as demand for digital credits grows and transfer volumes increase with the addition of more business partners and end-users. Velo’s core mission is to build a decentralized settlement network that allows its Trusted Partners to securely transfer value among one another in a timely and transparent manner. Velo’s initial focus would be on business partners in the remittance and money transfer spaces in Southeast Asia, followed by the wider Asia Pacific region and beyond.

Moonriver( MOVR) 

Moonriver is an Ethereum-compatible, smart-contract parachain on Kusama. It is intended to be a companion network to Moonbeam, where it will provide a permanently incentivized canary network. New code will ship to Moonriver first, where it can be tested and verified under real economic conditions. Once proven, the same code will ship to Moonbeam on Polkadot. It does this by providing a full EVM implementation, a Web3-compatible API, and bridges that connect Moonriver to existing Ethereum networks.This allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonriver with minimal changes.

Blur (BLUR)

Blur is a unique non-fungible token (NFT) marketplace and aggregator platform that offers advanced features such as real-time price feeds, portfolio management and multi-marketplace NFT comparisons. It claims to have faster NFT sweeps, and a more intuitive interface than other comparable platforms. As a result, many professional NFT traders increasingly prefer to use Blur for their trading activities — although it may be due to incentives like the recent airdrop of 360 million BLUR tokens — worth around $355M at the time of writing. It is an Ethereum-based platform that has raised over $14m from world class investors and traders including Paradigm, 6529, Cozomo Medici, dhof, Bharat Krymo, Zeneca, OSF, MoonOverlord, icebergy, Deeze, Andy8052, Keyboard Monkey and many more. BLUR came to prominence after launching in October 2022, when it promised airdrops of BLUR tokens to the top platform users.