Movers of the Day 20-Jun-2023

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

Top movers of the day are Stacks and Optimism. Since 7 pm Stacks has surged 14.80%, Optimism has increased by 10.43%.

In the evening the crypto markets were still going up and finished the day in green. 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 +1.82% and +4.75% (NWSOT50). 2100NEWS Total Index (NWST1100) ended +3.67%. Bitcoin ended +5.18%, Ether ended +2.72%.

Please read the notes to find out by what criteria they have been selected. The market information provided only reflects the state of the market up to 7 pm in the last 24 hours. Therefore, it may not accurately represent the current market conditions at the time of your inquiry.

Optimism (OP)

Optimism is a layer-two blockchain on top of Ethereum. Optimism benefits from the security of the Ethereum mainnet and helps scale the Ethereum ecosystem by using optimistic rollups. That means transactions are trustlessly recorded on Optimism but ultimately secured on Ethereum.

Top movers of the day at 19:10 are Stacks and Kaspa. Since 2 pm Stacks has increased by 3.08%, Kaspa is 5.44% higher. The crypto markets went up significantly. Since 2 pm 2100NEWS Indices which measure the performance of different groups of tokens and coins have increased up to 1.44%. 2100NEWS Total Index (NWST1100) is 1.00% higher. Ether has increased by 0.61%, Bitcoin even 1.80%.

Stacks (STX)

Stacks 2.0 is a layer-1 blockchain that connects to Bitcoin and brings smart contracts and decentralized apps to it. Smart contracts and apps developed on the Stacks platform are natively integrated with Bitcoin’s security, stability, and economic power.

The day’s top movers (at 2 pm) are Kaspa and Stacks. Amp has risen by 10.98% since 9 am. The cryptocurrency markets are currently in a stable phase, suggesting that the market is experiencing relative calm and balance. Notably, the 2100NEWS Total Index (NWST1100), a benchmark for evaluating the performance of 1100 significant crypto assets based on their market capitalization, has risen by 0.90% over the last 24 hours. Bitcoin has experienced a substantial surge in its price, soaring by 1.62% over the same 24-hour period. On the other hand, Ether has witnessed a more moderate rise of 0.40% during the same timeframe.

Amp (AMP)

Amp is the new digital collateral token offering instant, verifiable assurances for any kind of value transfer. Using Amp, networks like Flexa can quickly and irreversibly secure transactions for various asset-related use cases. Amp claims to offer a straightforward but versatile interface for verifiable collateralization through a system of collateral partitions and collateral managers. Where collateral partitions can be designated to collateralize any account, application, or even transaction and carry balances directly verifiable on the Ethereum blockchain, collateral managers are smart contracts that can lock, release, and redirect collateral in these partitions as needed to support value transfer activities. Amp supports a wide variety of use cases for collateralization and also introduces the concept of predefined partition strategies, which can enable special capabilities such as collateral models through which tokens can be staked without ever leaving their original address.

The day’s top movers (at 9 am) were SafePal and Stacks. Kaspa has risen by 5.63% since midnight. The cryptocurrency markets experienced a period of stability. Notably, the 2100NEWS Total Index (NWST1100), a benchmark for evaluating the performance of 1100 significant crypto assets based on their market capitalization, has demonstrated a modest upturn of 0.66%. In particular, Bitcoin has observed a notable surge of 1.43% in its price over the past 24 hours, while Ether has experienced a more modest increase of 0.23%. These developments demonstrate the cryptocurrency sector’s potential for growth and resilience.

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.

SafePal (SFP)

Founded in 2018, SafePal is a secure and powerful cryptocurrency wallet that helps users protect and grow their decentralized assets. It is also the first hardware wallet invested and backed by Binance. SafePal provides hardware and software wallet product lines, all paired and managed through the SafePal App. Users can easily store, manage, swap, trade, and grow their crypto wealth without compromising asset security. SafePal is now serving users in 87 countries globally.