Movers of the Day 15-Jun-2023

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

The day’s top movers are Kaspa and Ocean Protocol, rising by 15.78% since 7 pm.

The NWSBCT Index for Blue Chips chart and the data from the 2100NEWS Indices, which track the performance of different groups of tokens and coins, indicate a rebound in the cryptocurrency markets over the past 24 hours. According to the data, various indices have experienced gains ranging from 1.29% to 2.45% since 7 pm. Additionally, the 2100NEWS Total Index (NWST1100), which measures the performance of 1100 significant crypto assets based on their market capitalization, has also risen by 1.28% over the last 24 hours. Furthermore, there have been increases of 0.91% and 1.94% in the values of Ether and Bitcoin, respectively, within the last 24 hours.

Please read the notes to find out which criteria have been selected. The market information provided only reflects the state of the market up to midnight in the last 24 hours. Therefore, it may not accurately represent the current market conditions at the time of your inquiry.

Ocean Protocol (OCEAN)

Ocean Protocol describes itself as a decentralized data exchange protocol that lets people share and monetize data while providing control, auditability, transparency, and compliance with all actors involved.

The top movers of the day at 19:10 are Kaspa and DeXe.network. Since 2 pm, Kaspa has surged 14.09%, and DeXe is 11.97% higher. Trust Wallet Token has increased by 8.43%. In the afternoon, the crypto markets stopped falling. Over the past 24 hours, 2100NEWS Indices have dropped between 3.30% and 5.34%. 2100NEWS Total Index (NWST1100) is 4.63% lower. Bitcoin has fallen by 3.89% and Ether even by 5.78%.

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 Satoshi’s principles in 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.

The day’s top movers (at 2 pm) are DeXe and TerraClassicUSD. Band Protocol has risen by 9.20% since 9 am. The crypto market has been led downward by Ether, which has dropped by 6.05%. The 2100NEWS Indices, which track the performance of different groups of tokens and coins, have reported losses ranging from -0.29% to -1.31% across indices since midnight. Additionally, the 2100NEWS Total Index (NWST1100), which measures the performance of 1100 significant crypto assets based on their market capitalization, has plunged by 4.60% over the mentioned 24-hour period. Bitcoin has also experienced a decline of 3.83% during the same period.

Band Protocol (BAND)

Band Protocol offers a decentralized data oracle by making data readily available to be queried on-chain, using a delegated proof of stake (“dPoS”) to ensure data integrity. It aims to be the go-to data infrastructure layer for Web 3.0 applications. It provides decentralized, curated off-chain data to smart contracts through oracles managed by its dPoS consensus mechanism.

The day’s top movers (at 9 am) are Trust Wallet Token and Kaspa. Augur has risen by 9.80% since midnight. The cryptocurrency market declined. The reason behind this fall is believed to be the Federal Reserve’s decision to skip a rate hike, which has impacted Ether, resulting in a 5.98% drop and leading the markets downward. Data from the 2100NEWS Indices, which track the performance of different groups of tokens and coins, also confirms this observation, revealing losses ranging from -0.48% to -1.00% across indices since midnight. Additionally, the 2100NEWS Total Index (NWST1100), which measures the performance of 1100 significant crypto assets based on their market capitalization, has plunged by 4.48%. Additionally, Bitcoin has experienced a decline of 3.78% during the same period.

Augur (REP)

Augur is a public source and a distributed prediction market system created on Ethereum, a blockchain technology that allows the execution of smart contracts. JavaScript is also employed for a browser-based GUI supplementing the command line.