Movers of the Day 25-Feb-2023

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

Top movers of the day are Liquity and Quickswap. Since morning Liquity has surged 17.63%, Quickswap 19.34%. Boba Network is 13.04% higher.

During the day the crypto markets were going down and most of them finished the day in red. Today’s crypto market movement is illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. The large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) ended -0.51%. Our main 2100NEWS Total Index (NWST1100) ended -0.34%. Ether ended -0.75% while Bitcoin ended +0.12%.

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

Liquity (LQTY)

Liquity is a decentralized borrowing protocol that allows you to draw 0% interest loans against Ether used as collateral. Loans are paid out in LUSD – a USD pegged stablecoin, and need to maintain a minimum collateral ratio of only 110%.

QuickSwap (QUICK)

QuickSwap is a fork of the originator of Automated Market Makers in the now rapidly expanding DeFi sector of the Cryptocurrency industry, Uniswap. Both, of course, are magical. Only, rather than settling for the magic of unicorns, we’ve opted for the magic of dragons. It’s a much faster kind of magic, currently only available in a land far, far away, known by the locals as Layer 2.

Top movers of the day are Phantasma and Loom Network. Since midnight Phantasma has surged 19.63%, Loom Network 18.23%. BinaryX is 14.72% higher.

Today the crypto markets started out at the same levels as they finished last night. In the last 24 hours, 2100NEWS Indices which measure the performance of different groups of tokens and coins have fallen between 3.08% and 5.81%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 3.73% down. Bitcoin has decreased by 3.08%, Ether 3.07% down.

BinaryX (BNX)

Cyber Dragon is a Play to Earn Gam based on Binance Smart Chain. The BinaryX team powers this game. Players can create characters, collect rare pieces of equipment, and challenge Dungeon. The final challenge is to defeat the ultimate boss, the Cyber Dragon. A hero will receive the dragon treasure house rewards by defeating the dragon. BNX is Cyber Dragon’s governance token. BNX token holders can participate in community governance and vote on significant game decisions. Some key game operations require consuming BNX tokens, such as creating heroes, forging rare equipment, and challenging the Cyber Dragon dungeon and some top dungeons.

Phantasma (SOUL)

Phantasma is an innovative platform to revolutionize application development in the key area of data management and content-sharing. Phantasma introduces a decentralized content distribution system running on the blockchain, emphasizing privacy and security. Phantasma is a platform where users control their own content instead of relying on third-party entities to host, secure, and manage it for them.

Loom Network (LOOM)

Loom Network is a Platform as a Service built on top of Ethereum, allowing developers to run large-scale decentralized applications. This lets developers build DApps with the trust and security of the world’s most secure public blockchain, along with the computing resources necessary to run commercial-scale services. Like Filecoin tokenized disk space, Loom aims to be the tokenized application protocol of the new decentralized web.