Movers of the Day 16-Mar-2023

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

The day’s top movers are Prom and UMA, rising by 6.00% 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 risen. Since 7 pm, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported gains between 0.22% and 1.10%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen by 2.12%, Bitcoin by 2.06%, and Ether by 1.95%.

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

UMA (UMA)

UMA is designed to power the financial innovations made possible by permissionless, public blockchains like Ethereum. UMA defines an open-source protocol that allows any two counterparties to design and create their own financial contracts using fiat financial derivatives concepts. But unlike traditional derivatives, UMA contracts are secured with economic incentives alone, making them self-enforcing and universally accessible.

The crypto markets trended sideways. The Top movers of the day at 19:10 were Gains Network and Talken. Since 2 pm, Gains Network has increased by 6.01%, and Talken was 8.66% higher. Over the last 24 hours, the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have increased by 3.39%. 2100NEWS Total Index (NWST1100) was 2.16% higher. Bitcoin has risen by 1.68%, and Ether by 1.39%.

Gains Network (GNS)

Gains Network is developing gTrade, a liquidity-efficient, powerful, and user-friendly decentralized leveraged trading platform. Their uniquely designed synthetic architecture makes gTrade more capital efficient than any existing platform, allows for low trading fees, and a wide range of leverages and pairs (up to 150x on cryptos, up to 1000x on forex, and up to 100x on stocks). The protocol revolves around the ecosystem’s ERC20 utility token (GNS) and ERC721 utility token (NFTs). GNS and the NFTs are designed to be actively used within the platform (utility) and to allow ownership of the protocol through revenue capture & governance (soon). It includes GNS holders receiving platform fees through Single Sided Staking, burning of GNS using platform revenue, NFT holders getting reduced spread and boosted rewards, as well as NFT bots executing limit orders and liquidations.

The day’s top movers (at 2 pm) are Gains Network and Prom. Voyager Token has risen by 8.36% since 9 am. The crypto markets have consolidated. On the day, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported gains between 0.29% and 1.21%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, fell 1.93%, Bitcoin 0.44%, and Ether 1.94%.

Voyager Token (VGX)

Voyager is a licensed crypto broker, not just another exchange. Voyager connects to the world’s leading market makers and liquidity providers to ensure their users get a better price on their trades, maximum liquidity on every order, and excellent access to the crypto market. Voyager offers investors commission-free trading of dozens of top crypto assets from one secure and trusted app.

The crypto markets consolidated. The day’s top movers (at 9 am) were GMX and Prom, soaring 43.10% since midnight. On the day, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported gains between 0.39% and 2.11%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, fell 2.97%, Bitcoin 1.03%, and Ether 2.95%.

Prom (PROM)

Prometeus Network is a secure and decentralized ecosystem designed to solve real-world data brokerage problems created for the Influencer Marketing, Medical, and Insurance data market industries. Prometheus Labs,  a data scientist and entrepreneur company, develops the Prometeus Network. Existing data scientists and entrepreneurs have worked for more than 15 years on machine learning, business development, and marketing.

Mask Network (MASK)

Mask Network is a protocol that allows users to send encrypted messages over Twitter and Facebook. It essentially acts as a bridge between the internet and a decentralized network running on top.