Movers of the Day 15-May-2023

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

Top movers of the day are Ontology and JOE. Since 7 pm Ontology has increased by 10.02% while JOE is only 0.07% higher.

The crypto markets finished the day higher as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS Indices ended between +0.78% and +1.71%. 2100NEWS Total Index (NWST1100) ended +1.41%. Bitcoin ended +1.58%, Ether ended +1.33%.

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

Ontology (ONT)

Ontology is an enterprise-grade blockchain network that provides secure and bespoke client chains. It combines several protocols to build a distributed trust system. These include protocols for smart contracts, identity, data, and information exchange. The Ontology network functions as a connector between several blockchains, and ONT is the network’s native token. Ontology was launched in 2017 by OnChain, an entity that has ties with NEO.

Top movers of the day at 19:10 are JOE and Lido DAO Token which has increased by 3.44% since 2 pm. JOE is 1.99% higher. The crypto markets are still up. Since 2 pm the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have increased by 0.20%. 2100NEWS Total Index (NWST1100) is 0.46% higher. Moreover, Bitcoin has increased by 0.60%, Ether by 0.58%.

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.

The day’s top movers (at 2 pm) are Conflux Network and Oridnals. Ankr Network has risen by 7.80% since 9 am. The crypto markets have experienced a rebound. The gains reported by 2100NEWS Indices, which gauge the performance of various groups of tokens and coins, ranging from 1.01% to 1.75%, highlight a positive shift in the market. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), the metric that measures 1100 significant (by market capitalization) crypto assets’ performance, has risen by 1.91%. Bitcoin has displayed a strong performance, with a gain of 1.88%. The positive growth of Ether at 1.22% is also notable.

Ankr (ANKR)

Ankr is a distributed computing platform that aims to leverage idle computing resources in data centers and edge devices. Ankr enables a Sharing Economy model where enterprises and consumers can monetize their spare computing capacities from their devices, on-premise servers, private cloud, and even public cloud. This enables Ankr to provide computing power much closer to users at a much lower price.

The day’s top movers (at 9 am) are Open Campus and Oridnals, rising by 11.14% since midnight. In the latest developments, the crypto markets experienced a rebound. This resurgence has led to gains in the 2100NEWS Indices, which gauge the performance of various groups of tokens and coins. The reported gains on the day have ranged between 0.70% and 1.82%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), the metric that measures 1100 significant (by market capitalization) crypto assets’ performance, has risen by 1.90%. Bitcoin has a strong performance with a gain of 2.22%, while Ether has also demonstrated positive growth at 1.31%.

Ordinals (ORDI)

The Ordinal theory concerns itself with satoshis, giving them individual identities and allowing them to be tracked, transferred, and imbued with meaning. Satoshis, not Bitcoin, is the atomic, native currency of the Bitcoin network. One bitcoin can be subdivided into 100,000,000 satoshis, but no further. The ordinal theory does not require a sidechain or token aside from Bitcoin and can be used without any changes to the Bitcoin network. It works right now. Ordinal theory imbues satoshis with numismatic value, allowing them to be collected and traded as curios. Individual satoshis can be inscribed with arbitrary content, creating unique Bitcoin-native digital artifacts that can be held in Bitcoin wallets and transferred using Bitcoin transactions. Inscriptions are as durable, immutable, secure, and decentralized as Bitcoin itself.

Open Campus (EDU)

The Open Campus Protocol is a decentralized solution for educators, content creators, parents, students, and co-publishers designed to address the major challenges in education today. Despite the critical role of educators in shaping the future generation, they are often undervalued and underpaid. Additionally, parents frequently lack control over their children’s educational content. At its core, the Open Campus Protocol is a community-driven initiative that harnesses the power of blockchain technology to create a fairer education system. By decentralizing the creation and distribution of educational content, the Open Campus Protocol empowers students to access more diverse educational content while providing educators with new opportunities to earn revenue and gain recognition for their contributions. The ultimate goal of the Open Campus Protocol is to revolutionize the US$5 trillion Education industry by returning control to educators and learners.

ARPA (ARPA)

ARPA describes itself as a privacy-preserving computation network based on cryptography. It reportedly enables private smart contracts on blockchains like Ethereum and IOST, secure data exchange, joint data analysis, and monetization among enterprises/individuals.