Movers of the Day 2-Jul-2023

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

Top movers of the day are Verge and Compound. Since morning Verge has surged 62.23%, Compound is 17.98% higher.

The crypto markets finished the day mixed although they were down most of the day. The large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) ended +0.36%. Their movement can be seen on the adjacent NWSLT chart over the past 24 hours. On the other hand Bitcoin and Ether ended lower: BTC -0.13%, ETH -0.04%. Our main 2100NEWS Total Index (NWST1100) has stayed unchanged.

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.

Verge (XVG)

Verge is a cryptocurrency designed for people and for everyday use. It improves upon the original Bitcoin blockchain and aims to fulfill its initial purpose of providing individuals and businesses with a fast, efficient and decentralized way of making direct transactions while maintaining your privacy.

Top movers of the day are Storj and Solar. Since midnight Storj has increased by 6.81%, Solar by 7.39%. Celo is 4.02% higher.

The crypto markets moved lower this morning. Since midnight 2100NEWS Indices which measure the performance of different groups of tokens and coins have fallen between 0.02% and 1.14%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 0.40% lower. Similarly, Bitcoin has decreased by 0.36%, Ether by 0.45%.

Storj (STORJ)

Storj (pronounced: storage) aims to become a cloud storage platform that can’t be censored, monitored, or have downtime. It is the first decentralized, end-to-end encrypted cloud storage platform. Storj’s core technology is an enforceable, peer-to-peer storage contract. It’s a way for two people (or computers) to agree to exchange some amount of storage for money without knowing each other. We call the computer-selling space the “farmer” and the computer-purchasing space the “renter.” The renter and farmer meet, negotiate an agreement, and move data from the renter to the farmer for safekeeping.

Solar (SXP)

SXP is the native utility token of the Solar blockchain. Users can stake it to secure the network, earn rewards, and pay transaction fees on the Solar blockchain. They can also help govern the Solar blockchain by proposing and voting on changes to the protocol and earning rewards for providing liquidity. Additionally, Solar DApps use SXP as their primary currency. Solar is built on the Solar Core, a Layer-1 Blockchain Framework. The Solar blockchain uses the Delegated Proof-of-Stake Consensus (DPoS). The network is protected and supported through DPoS by 53 delegates, node operators, or validators. Solar is an enterprise-level blockchain ecosystem powered by open-source developers and community participation which aims to create a transparent governance ecosystem. Developers constructing DApps on the Solar platform have access to various features, such as smart contracts, decentralized storage, and numerous tools and resources, all of which are provided by Solar Core.

Celo (CELO)

The Celo protocol is a platform on which the community can create stabilized value digital assets. These digital assets aim to track the value of an existing real-world asset (for example, the first one, cUSD, tracks the US Dollar). The Celo protocol also includes mechanisms for lightweight identity and ultralight mobile validation. The platform aims to make the assets built on the protocol easy to use with a mobile device.