Movers of the Day 28-Mar-2023

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

Top movers of the day are AirSwap and Rocket Pool. Since 7 pm AirSwap has increased by 3.99%, Rocket Pool has increased by 1.09%.

In the evening the crypto markets went up and finished the day in green. 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. 2100NEWS Indices ended between +1.09% and +3.66%. 2100NEWS Total Index (NWST1100) ended +1.57%. Bitcoin ended +0.12%, Ether ended +3.31%.

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

AirSwap (AST)

AirSwap is a decentralized token exchange based on the Swap protocol whitepaper. Swap provides a decentralized trading solution based on a peer-to-peer design. The design solves two problems encountered in a peer-to-peer trading environment: counterparty discovery and pricing suggestions. AirSwap core services include a searchable index of traders with “intent to trade” and a pricing oracle. For those looking to trade ERC20 tokens, the Index will be a destination to advertise that you’d like to trade and to search for others looking to trade. Once matched, traders connect and interact directly. To assist with the pricing process, the Oracle provides pricing suggestions, generated from multiple data sources. Once agreed on the price, one trader makes an order and the second takes and submits the order to an Ethereum smart contract for settlement.

Top movers of the day at 19:10 are Kaspa and Rocket Pool which has increased by 9.74% since 2 pm. Kaspa is 1.89% higher. The crypto markets still trended sideways. In the last 24 hours the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have increased by 0.99%. The mid caps represented by 2100NEWS 200 Mid Cap Index (NWSM200) are 0.21% higher. Ether has increased by 1.03% while Bitcoin has decreased by 0.89%.

Rocket Pool (RPL)

Rocket Pool is a first-of-its-kind, next-generation decentralized Ethereum proof of stake (PoS) pool in alpha and built to be compatible with Casper, the new consensus protocol due in 2018. Unlike traditional centralized Proof of Work (PoW) pools, Rocket Pool utilizes the power of smart contracts to create a self-regulating, decentralized network of smart nodes. Users can then engage these smart nodes with any amount of Ether to earn interest on their deposits while helping to secure the Ethereum network.

The day’s top movers (at 2 pm) are JOE and Flare, rising by 7.96% since 9 am. The crypto markets have trended sideways. On the day, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported gains between 0.12% and 1.55%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has retraced 2.50%, Bitcoin 2.84%, and Ether 1.06%.

Flare (FLR)

Flare is an EVM-based Layer 1 blockchain designed to allow developers to build interoperable applications with blockchains and the internet. Flare enables new use cases and monetization models by providing decentralized access to high-integrity data. Flare’s native interoperability protocols, the State Connector and the FTSO, are secured by the network itself, allowing it to reliably deliver data from a wide variety of off-chain sources in a decentralized way. The Flare Time Series Oracle delivers highly-decentralized price, and data feeds to dapps on Flare without relying on centralized providers.

The crypto markets consolidated after a step-down. The day’s top movers (at 9 am) were Komodo and JOE, rising by 11.16% since midnight; it has soared 134% in March. On the day, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported gains between 0.15% and 0.88%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has retraced 2.22%, Bitcoin 2.55%, and Ether 1.24%.

JOE (JOE)

JOE is a token developed by Trader Joe, your one-stop decentralized trading platform on the Avalanche network. JOE is a governance token that rewards holders with a share of exchange revenues. The token distribution follows a fixed supply, decaying emission model. 0.05% of all trades are paid to the xJOE staking pool. A share of fees from lending interest and liquidations will also be paid to the xJOE staking pool. The % will be determined at the launch of the lending product. JOE token holders may stake their JOE to xJOE and receive a share of the revenues. In the long term, the founding team envisions Trader Joe as a community-governed protocol, such as a DAO. JOE is a governance token allowing holders to vote on community proposals.

Kaspa (KAS)

Kaspa is the fastest and most scalable instant confirmation transaction layer ever built on a proof-of-work engine. Transactions sent to miners can be included immediately in the ledger, structured as a revolutionary blockDAG. Kaspa is based on the GhostDAG/PHANTOM protocol, a scalable Nakamoto Consensus (Bitcoin consensus) generalization. Its design is faithful to the principles Satoshi embedded into Bitcoin — proof-of-work mining, UTXO-formed isolated state, deflationary monetary policy, no premine, and no central governance. Kaspa is unique in its ability to support high block rates while maintaining the level of security offered by the most secure proof-of-work environments. Kaspa’s current mainnet operates with one block per second. After the ongoing rust language rewrite, the core developers’ goal is to substantially increase the number of blocks per second, attracting the development of smart contracts and DeFi.

Komodo (KMD)

Komodo describes itself as an open, composable multi-chain platform. With blockchain development roots going back to 2014, Komodo is reportedly one of the pioneers of multi-chain architecture in the blockchain space. As of Aug 2019, Komodo focuses on providing secure, scalable, interoperable, and adaptable., business-friendly blockchain solutions. Komodo’s current technology suite, the Antara framework, offers tools for end-to-end blockchain development, including a customizable, application-specific Smart Chain complete with a library of built-in modules and an open API for building blockchain-based applications.