Movers of the Day 14-Jul-2023
Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are Verge and Osmosis. Since 7 pm Verge has increased by 7.77%, Osmosis by 3.03%.
In the evening the crypto markets went down significantly and finished the day lower. 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 -1.03% and -3.33% (NWSCo100). 2100NEWS Total Index (NWST1100) ended -2.92%. Bitcoin ended -3.29%, Ether ended -2.80%.
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)
| 2100NEWS ranking: 201, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100, NWSDM100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 11.3 (Average for Coins: 15.4) |
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 at 19:10 are Loom Network and Liquity. Since 2 pm Loom Network has surged 31.57%, Liquity is 13.74% higher. Synthetix has increased by 11.33%. The crpto markets trended sideways. In the last 24 hours the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have increased by 5.09%. 2100NEWS Total Index (NWST1100) is 2.09% higher. Bitcoin has increased by 0.82%, Ether by 0.85%.
Loom Network (LOOM)
| 2100NEWS ranking: 251, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 13.3 (Average for Mid-caps: 13) |
Loom Network is a Platform as a Service built on top of Ethereum, allowing developers to run large-scale decentralized applications. This lets developers build DApps with the trust and security of the world’s most secure public blockchain, along with the computing resources necessary to run commercial-scale services. Like Filecoin tokenized disk space, Loom aims to be the tokenized application protocol of the new decentralized web.
The day’s top movers (at 2 am) are XRP and Stellar. Synthetix has risen by 13.86% since 9 am.
In the past 24 hours, the crypto markets have experienced consolidation following a jump after a significant court decision regarding Ripple’s sale of XRP. Here are the key details: The NWSBCT Index for Blue Chips has shown an apparent market increase. The 2100NEWS Indices, which monitor the performance of various groups of coins and tokens, have reported gains ranging from 0.03% to 2.38% since midnight. The 2100NEWS Total Index (NWST1100), which measures the performance of 1100 significant crypto assets based on their market capitalization, has experienced a remarkable upswing of 6.23% over the last 24 hours, further reinforcing the positive impact of the Ripple court decision. The 2100NEWS Coin Index (NWSCo100) has witnessed an extraordinary rise of 20.90% in the last 24 hours. This substantial increase suggests that specific cryptocurrencies included in this index (XRP, XLM …) have seen a surge in value. Among the top cryptocurrencies, Ether (ETH) has soared by 5.79%, while Bitcoin (BTC) has climbed by 2.18% over the past 24 hours.
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: 18.5) |
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.
The day’s top movers (at 9 am) were XRP and Stellar. Liquity has risen by 11.41% since midnight. Over the past 24 hours, there was a significant court decision regarding Ripple’s sale of XRP. It was determined that this sale does not qualify as an investment contract. As a result, there has been an increase in prices across various indices and leading cryptocurrencies. Here are the key details:
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- NWSBCT Index for Blue Chips shows a noticeable jump in the markets, as seen in the chart, showcasing the remarkable increase in prices
- The 2100NEWS Indices, which monitor the performance of various groups of coins and tokens, have reported substantial gains since midnight, ranging from 0.42% to 2.59% in the case of the 2100NEWS Coin Index (NWSCo100).
- 2100NEWS Total Index (NWST1100), which measures the performance of 1100 significant crypto assets based on their market capitalization, has experienced a remarkable upswing of 6.56% over the last 24 hours, further reinforcing the positive impact of the Ripple court decision.
- 2100NEWS Coin Index (NWSCo100) has witnessed an extraordinary rise of 22.21% in the last 24 hours. This substantial increase suggests that specific cryptocurrencies included in this index have seen a surge in value.
- Among the leading cryptocurrencies, Ether (ETH) has soared by an impressive 7.24%, while Bitcoin (BTC) has surged by 3.17% over the past 24 hours.
Liquity (LQTY)
| 2100NEWS ranking: 151, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100, NWSDM100 |
| 2100NEWS DA Orderbook Quality Evaluation Score: Ordinary, Score: 15.4 (Average for Tokens: 15.8) |
Liquity is a decentralized borrowing protocol that allows you to draw 0% interest loans against Ether used as collateral. Loans are paid out in LUSD – a USD-pegged stablecoin and need to maintain a minimum collateral ratio of only 110%.
Stellar (XLM)
| 2100NEWS ranking: 18, Blue chip, Index member: NWST1100, NWSL100, NWS30, NWSCo100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 25.3 (Average for Blue chips: 23.9) |
Stellar is an open-source network optimized for payments and asset issuance. On Stellar, you can create, send, and trade digital representations of all forms of value — U.S. dollars, Argentine pesos, Bitcoin, real estate, pretty much anything. It’s designed so that all the world’s financial systems can freely interoperate with each other, all on a single network.
XRP (XRP)
| 2100NEWS ranking: 4, Blue chip, Index member: NWST1100, NWSL100, NWS30, NWSCo100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 14 (Average for Blue chips: 23.9) |
XRP is a digital asset native to the XRP Ledger—an open-source, permissionless, decentralized blockchain technology. Created in 2012 specifically for payments, XRP can settle transactions on the ledger in 3-5 seconds. It was built to be a better Bitcoin—faster, cheaper, and greener than any other digital asset. Ripple is a technology company that makes building a high-performance, global payments business easier. XRP is a digital asset independent of this.
Lily
Litecoin