Movers of the Day 2-Mar-2023

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

The day’s top movers are Rally and Sologenic, surging by 22.48% since 7 pm.

As illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the last 24 hours, the crypto markets have rebounded. Since 7 pm, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported gains between 1.09% and 1.68%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen by 0.81%, Bitcoin by 0.16%, and Ether by 0.24%.

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

Sologenic (SOLO)

Sologenic is merging traditional finance with blockchain. The Sologenic ecosystem aims to make it effortless for crypto investors to exchange assets and invest in different conventional financial instruments. The ecosystem aims to eliminate entry barriers for individual and institutional crypto investors. Sologenic allows them to trade non-blockchain asset classes, such as stocks, ETFs, and commodities, with one cryptocurrency, SOLO. SOLO holders can access many stocks from more than 30 global exchanges in North America, Europe, Asia, and Oceania. SOLO will enable people worldwide to buy and sell stock in their favorite companies without the need for traditional brokerages. Sologenic generates stablecoins backed by 1:1 with real-world assets. Each stablecoin represents the ownership of real-world assets. Once tokenized, the asset issued on the blockchain is denominated with the suffix Ƨ; for example, a tokenized asset of TSLA is represented as TSLAƨ.

In the afternoon, the crypto markets were still sliding down. The top movers of the day at 19:10 are Perpetual Protocol and Kleros. Since 2 pm, Perpetual Protocol has increased by 9.83% and Kleros by 10.01%. Since 2 pm 2100NEWS Indices have fallen between 0.40% and 1.16%. 2100NEWS Total Index (NWST1100) is 0.49% lower. Bitcoin has decreased by 0.31% and Ether by 0.57%.

Perpetual Protocol (PERP)

Perpetual Protocol is a decentralized perpetual contract protocol for every asset, made possible by a Virtual Automated Market Maker (vAMM). Like Uniswap, traders can trade with our vAMMs directly without needing counterparties. The vAMMs provide guaranteed on-chain liquidity with predictable pricing set by constant product curves. The vAMMs are also designed to be market neutral and fully collateralized. PERP holders can become stakers by staking the PERP tokens in their possession in a Staking Pool. In return, stakers are rewarded with a portion of the transaction fees in stablecoins plus staking rewards in PERP.

The day’s top movers (at 2 pm) are Rally and Keep Network, rising by 6.24% since 9 am. The crypto markets have fallen. On the day, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported losses between -0.92% and -2.98%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen by 1.92%, Bitcoin by 1.65%, and Ether by 1.15%.

Keep Network (KEEP)

Keep is an incentivized network for storing and encrypting private data on the public blockchain. The network is made of off-chain containers for private data known as keeps, while the KEEP work token enables it to be completely permissionless. KEEP solves the main problem holding back blockchain adoption: that data on public blockchains are public. With Keep, developers can finally build fully decentralized apps. tBTC, a Bitcoin bridge on Ethereum, is the first application built on top of the Keep network. It is an open-source project supported by groups including Keep, Summa, and the Cross-Chain Group. tBTC is a fully Bitcoin-backed ERC-20 token pegged to the price of Bitcoin. It facilitates Bitcoin holders acting on the Ethereum blockchain, accessing the DeFi ecosystem, and earning with their Bitcoin.

The crypto markets fell. The day’s top movers (at 9 am) were Kaspa and Rally, soaring 83.28% since midnight. On the day, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported losses between -0.59% and -2.4%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen by 1.34%, Bitcoin by 1.35%, and Ether by 0.47%.

Rally (RLY)

Rally.io is a platform for creators and their communities to build their own independent digital economies by enabling creators, artists, celebrities, communities, and brands to launch their own social tokens and NFTs. Rally takes no fees, has a low environmental impact, requires no crypto experience, and seamlessly integrates with platforms thanks to its APIs.

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%.