Movers of the Day 25-Jun-2023
Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are NEST Protocol and Compound. Since morning NEST Protocol has surged 50.99% while Compound has decreased by 7.32%. Ampleforth has increased by 6.17%.
Most cryptocurrencies finished the day higher as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. The large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) ended +1.59%. Ether ended +1.05% while Bitcoin ended -0.23%.
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 midnight in the last 24 hours. Therefore, it may not accurately represent the current market conditions at the time of your inquiry.
NEST Protocol (NEST)
| 2100NEWS ranking: 247, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSDM100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 14.1 (Average for Mid-caps: 13.1) |
NEST Protocol is a decentralized price oracle based on Ethereum. NEST provides a creative solution, including collateral asset quotation, arbitrage verification, price chain, beta coefficients, and other modules to form a complete NEST-Protocol.
Top movers of the day are Compound and Aave. Since midnight Compound has surged 38.13%, Aave is 25.65% higher. Synthetix has increased by 20.87%.
Today the crypto markets started out higher again. Since midnight 2100NEWS Indices which measure the performance of different groups of tokens and coins have increased up to 4.15%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 2.02% higher. Bitcoin has increased by 1.17%, Ether even 2.46%.
Compound (COMP)
| 2100NEWS ranking: 106, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 15.5 (Average for Tokens: 16.3) |
Compound is an algorithmic, autonomous interest rate protocol built for developers, to unlock a universe of open financial applications. Compound is a protocol on the Ethereum blockchain that establishes money markets, which are pools of assets with algorithmically derived interest rates, based on the supply and demand for the asset. Suppliers (and borrowers) of an asset interact directly with the protocol, earning (and paying) a floating interest rate, without having to negotiate terms such as maturity, interest rate, or collateral with a peer or counterparty.
Aave (AAVE)
| 2100NEWS ranking: 39, Large-cap Ethereum-based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSET100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 19.2 (Average for Large-caps: 18.4) |
Aave is a decentralised non-custodial liquidity market protocol where users can participate as suppliers or borrowers. Suppliers provide liquidity to the market to earn a passive income, while borrowers are able to borrow in an overcollateralised (perpetually) or undercollateralised (one-block liquidity) fashion.
Synthetix (SNX)
| 2100NEWS ranking: 50, Large-cap Ethereum-based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSET100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 18.5 (Average for Large-caps: 18.4) |
Synthetix, formerly Havven, is a cryptoasset-backed network that enables the creation of on-chain synthetic assets. Synthetix is a decentralized payment network where users transact directly in a price-stable cryptocurrency. Those who use the stablecoin pay fees to those who collateralize the network, compensating them for the risks of providing collateral and stability. Collateral providers control the money supply, and fees are distributed proportionately to each individual’s stabilization performance. Thus, Synthetix rewards suppliers with stability and charges those who demand it.
Branko
Litecoin