Movers of the Day 11-May-2023

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

The day’s top movers are LUKSO and Decred. tomiNet has risen by 17.03% since 7 pm.

The NWSBCT (Blue Chips) Index movement over the last 24 hours shows a downward trend. The 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported losses ranging from -0.09% to -1.16% since 7 pm. The 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has decreased by 2.50% over the last 24 hours. Ether and Bitcoin have also experienced a decline, with Ether dropping by 2.41% and Bitcoin by 1.92%.

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

tomiNet (TOMI)

Tomi is a Web 3 company with eight offices worldwide besides the central office in New York. tomi utilizes decentralized DNS, high-performance computing technology, a multi-chain wallet, and a unique browser, all of this with the goal to further decentralize digital assets and cloud services and provide the infrastructure for a web 3 internet that provides free speech and allows web 3 projects to become fully decentralized.

In the afternoon, the crypto markets moved down. The top mover of the day at 19:10 is Constellation which has surged 14.20% since 2 pm. ARPA is 0.99% higher, while HEX has decreased by 1.74%. Since 2 pm 2100NEWS Indices have fallen between 0.93% and 2.07% (NWSM200). 2100NEWS Total Index (NWST1100) is 1.10% lower. Bitcoin has decreased by 0.95% and Ether by 0.90%.

Constellation (DAG)

Constellation provides infrastructure tools for an open, decentralized data marketplace and an enterprise-grade software solution for data provenance and integrity. It’s secure, cost-effective, scalable, and easy to integrate. Furthermore, Constellation provides data dependency graphs on a decentralized DAG (directed acyclic graph) network – an evolution of existing blockchain technologies. The solution secures data pipelines through encryption and creates an audit trail of data downstream to enable a live overview of the status of any data source.

The day’s top movers (at 2 pm) are Aragon and HEX. Liqutiy has risen by 5.62% since 9 am. In the past 24 hours, the cryptocurrency markets have exhibited a sideways trend. However, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported losses ranging between -0.58% and -2.54% for the day. Moreover, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen by 0.83% in the last 24 hours, similarly Ether by 1.50%, and Bitcoin by 0.85%.

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%.

The day’s top movers (at 9 am) were Aragon and HEX, surging by 27.46% since midnight. In the past 24 hours, the cryptocurrency markets experienced a downward spike followed by consolidation. The 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported losses ranging between -0.15% and -2.14% for the day. The 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, witnessed a decline of 0.26% in the last 24 hours. Ether and Bitcoin also experienced a drop in value, with Ether decreasing by 0.58% and Bitcoin by 0.44%.

HEX (HEX)

HEX is an ERC20 token launched on the Ethereum network. HEX is designed to be a store of value to replace the Certificate of Deposit as the blockchain counterpart of that financial product used in traditional financial markets. HEX is also designed to leverage the emerging DeFi (Decentralised Finance) ecosystem in cryptocurrencies within the Ethereum network. HEX uses the Ethereum network for the transaction layer (sending and receiving HEX tokens and interacting with the HEX smart contract). At the same time, the consensus code and staking mechanism are contained in the HEX smart contract.

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.

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.