Movers of the Day 10-May-2023

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

The day’s top movers are TomoChain and Open Campus. Aragon has risen by 9.40% since 7 pm.

In the past 24 hours, the cryptocurrency markets experienced a downward spike followed by consolidation, as indicated by the NWSBCT (Blue Chips) Index movement displayed in the accompanying chart. From 7 pm onwards, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported losses ranging between -0.47% and -2.23%. Within the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, exhibited a slight increase of 0.1%. However, both Ether and Bitcoin experienced a decline of 0.43% and 0.44%, respectively.

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

Aragon (ANT)

Aragon is a decentralized platform built on the Ethereum network that offers a modularized way to create and manage dApps, cryptoprotocols, and decentralized autonomous organizations (DAO). The ANT ERC-20 token will enable its holders to govern the Aragon Network. The project is led by Luis Cuende, who was featured in the ‘Forbes 30 under 30’ category in ‘Technology.

The crypto markets fell significantly. What does it mean? We will find out in the next couple of hours. Based on the CPI report, we believe this will only be a short-term decline. The top movers of the day at 19:10 are TomoChain and ARPA. Since 2 pm TomoChain has increased by 7.35%, and ARPA is 5.26% higher. Volt Inu V2 has risen by 4.08%.

TomoChain (TOMO)

TomoChain is an innovative solution to the scalability problem with the Ethereum blockchain in particular and with all current blockchain networks in general. TomoChain plans to support horizontal scaling by adding more second-layer blockchains with good performance integrated with the Ethereum network for backup and atomic cross-chain transfer.

The day’s top movers (at 2 pm) TomoChain and Kava, rising by 3.21% since 9 am. In the world of cryptocurrencies, the markets are taking a breather with little movement in the past 24 hours, remaining in a sideways trend. This lack of momentum has led to a slight decline of 0.37% in the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance. Bitcoin has fallen by 0.16%, while Ether has managed to stay afloat with a minor increase of 0.05%.

Kava (KAVA)

The Kava blockchain is the first cross-blockchain DeFi platform enabling users to leverage and hedge using a multi-collateral CDP system and collateral-backed stablecoin (USDX).

The crypto markets were trading sideways. The day’s top movers (at 9 am) Bitcoin SV and TerraClassicUSD, rising by 10.91% since midnight. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have remained mostly stagnant over the last 24 hours, suggesting that the overall cryptocurrency market is currently maintaining a level of stability. With a slight gain of 0.06%, Bitcoin has been practically unchanged.

TerraClassicUSD (USTC)

Terra is an open-source blockchain hosting a vibrant ecosystem of decentralized applications (dApps) and top-tier developer tools. Using proof-of-stake consensus and ground-breaking technologies like Mantlemint, Terrain, and Terra Station, the Terra blockchain is one of the fastest chains in existence, giving users an unparalleled DeFi experience. As a permissionless, borderless economy, Terra enables next-generation financial products to be accessible to anyone with an Internet connection.

Bitcoin SV (BSV)

Bitcoin SV stands for Satoshi Vision. Stemming from Bitcoin Cash, BSV is a hard fork (community-activated update to the protocol or code) established as distinct from BCH after the network upgrade scheduled for November 15th, 2018, resulting in a hash war determining the chains would be split. According to their website, the Bitcoin SV project is primarily backed by CoinGeek Mining, with development work by nChain.