Movers of the Day 6-Jun-2023

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

Top movers of the day are TrueFi and Radiant Capital. Since 7 pm TrueFi has increased by 6.02%, Radiant Capital +2.51%.

In the evening the crypto markets continued to go up and finished the day much higher. 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 +2.81% and +5.01%. 2100NEWS Total Index (NWST1100) ended +4.41%. Ether ended +4.10%, Bitcoin ended even +5.44%.

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

TrueFi (TRU)

TrueFi is a protocol for creating interest-bearing pools with a high APR for liquidity providers. TrueFi includes utility and rewards mechanisms using TrustTokens (TRU) and rewards participants for maintaining stable, high APRs.

Top movers of the day at 19:10 are TomoChain and tomiNet which has increased by 11.45% since 2 pm. TomoChain is 7.92% higher. In the afternoon the crypto markets went up significantly. Since 2 pm 2100NEWS Indices have increased up to 2.60%. 2100NEWS Total Index (NWST1100) is 2.18% higher. Bitcoin has increased by 2.55%, Ether even 2.70%.

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.

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The day’s top movers (at 2 pm) are tomiNet and Synapse, rising by 5.09% since 9 am. The cryptocurrency markets have undergone a consolidation phase after a significant decline. This consolidation is evident in the data provided by the 2100NEWS Indices, which monitor the performance of various groups of tokens and coins. Since midnight, the indices have reported a small increase ranging from 0.25% to 1.25%, indicating a period of stabilization and consolidation. Despite this overall consolidation in the market, cryptocurrencies have experienced notable downward movements over the last 24 hours. The 2100NEWS Total Index (NWST1100), which measures the performance of 1100 significant crypto assets based on their market capitalization, has declined by 4.58%. Moreover, Ether has experienced a decline of 3.06% within the market, while Bitcoin has seen a significant plunge of 4.08%.

Synapse (SYN)

Synapse is a cross-chain layer ∞ protocol powering frictionless interoperability between blockchains. Synapse provides decentralized, permissionless transactions between any L1, sidechain, or L2 ecosystem. It powers integral blockchain activities such as asset transfers, swaps, and generalized messaging with cross-chain functionality – enabling new primitives based on its cross-chain architecture. While Synapse focuses on cross-chain transactions, at its core, there has been and continues to be an AMM that enables low slippage swaps between pegged assets on any chain. At any point, users can use Synapse to swap between native stablecoins at the best rates on all Synapse-enabled chains.

The day’s top movers (at 9 am) were Metal DAO and Nano, surging by 19.52% since midnight. The cryptocurrency markets consolidated after a significant decline. Since midnight, the 2100NEWS Indices, which monitor the performance of various groups of tokens and coins, have slightly increased from 0.46% to 1.44%, indicating a period of stabilization and consolidation following the recent price plunge. However, despite the overall consolidation in the market, cryptocurrencies have experienced notable downward movements over the last 24 hours. It is important to note that the 2100NEWS Total Index (NWST1100), which measures the performance of 1100 significant crypto assets based on their market capitalization, has declined by 4.42%. Additionally, within the market, Ether has declined by 3.04%, while Bitcoin has seen a plunge of 3.77%.

Nano (XNO)

Nano is decentralized, secured, and sustainable digital money focused on addressing the inefficiencies present in existing financial systems. Uniquely designed to provide simple peer-to-peer transfer of value, nano empowers individuals with the most efficient and accessible digital money possible, connecting them to the global economy with minimal impact. Nano provides an intuitive experience that feels like digital currency should – no fuss, fees, or waiting. It’s what accessible and easy-to-use digital money should feel like.

Metal DAO (MTL)

Metal is a digital currency for MetalPay that enables instant global payment by utilizing just a phone number. MTL is fairly decentralized with the support of a process called Proof of Processed Payments (PoPP). Members and participants could earn rewards in MTL by spending or purchasing. The maximum supply is 66.5 million MTL. Users can get up to 5% MTL on every purchase. They can also receive high interest when investing in MTL.