Movers of the Day 24-Jul-2023

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

Top movers of the day are Amp and Trust Wallet Token which has increased by 4.07%  since 7 pm. Amp is 1.62% higher.

The crypto markets finished the day lower as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS Indices ended between -2.18% and -4.15% (NWSM200). Bitcoin and our main 2100NEWS Total Index (NWST1100) ended -2.60% both. Ether ended -1.64%.

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.

Trust Wallet Token (TWT)

Trust Wallet Token is a crypto developed by Trust Wallet. Trust Wallet stores your coins and tokens in a single, secure wallet. More than 40 blockchains and 160k+ assets are supported. Trust Wallet development team continues to add support for more cryptocurrencies every month.

Top movers of the day at 19:10 are Amp and XDC Network. Since 2 pm Amp has surged 12.12%, XDC Network is 19.51% higher. In the afternoon the crypto markets were still down. Since 2 pm tokens built on Ethereum measured by 2100NEWS Ethereum Based Index (NWSET100) have fallen by 0.60%. 2100NEWS Total Index (NWST1100) is 0.46% lower. Similarly, Ether has decreased by 0.41%, Bitcoin by 0.51%.

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 2 pm) are Trust Wallet Token and Dogecoin, rising by 6.55% since 9 am. Over the past 24 hours, the cryptocurrency industry has experienced a significant downturn. Various key indicators have reported losses, including the NWSBCT Index for Blue Chips, representing Blue Chips in crypto. This index has dropped. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, report losses ranging from 1.80 to 3.71% since midnight, highlighting the widespread decline across the market. The 2100NEWS Total Index (NWST1100), reflecting the overall market sentiment by tracking the performance of 1100 significant cryptocurrencies based on their market capitalization, has experienced a substantial drop of 2.37% over the last 24 hours. This decline indicates a negative sentiment prevailing in the cryptocurrency market during this period. Bitcoin has fallen by 2.19% in price over the past day, while Ether has experienced a decline of 1.25% during the same period.

The day’s top movers (at 9 am) were Origin Protocol and Theta Fuel, rising by 5.01% since midnight. In the past 24 hours, the cryptocurrency industry was experiencing a sideways trend, indicating a lack of strong directional momentum. The NWSBCT Index for Blue Chips, which represents Blue Chips in the crypto space, has trended sideways. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, report losses ranging from 0.41 to 1.14% since midnight, indicating a slight downturn in the market. The 2100NEWS Total Index (NWST1100), reflecting the overall market sentiment by tracking the performance of 1100 significant cryptocurrencies based on their market capitalization, has declined by 1.09% over the last 24 hours. Despite this dip, it’s important to note that the index remains relatively stable. Bitcoin’s price has decreased by 0.46%, and Ether’s price has fallen slightly by 0.26% over the past 24 hours, demonstrating the market’s lack of strong directional momentum.

Theta Fuel (TFUEL)

The Theta Network and protocol aim to solve various challenges the video streaming industry faces today. Theta Fuel is the operational token of the Theta protocol. TFUEL powers on-chain operations like payments to relayers for sharing a video stream or deploying or interacting with smart contracts. Relayers earn TFUEL for every video stream they relay to other users on the network. You can think of Theta Fuel as the “gas” of the protocol. At the Mainnet launch on March 15th, TFUEL will be created as a native token on the Theta blockchain.

Origin Protocol (OGN)

Origin is an open-source platform that enables the creation of peer-to-peer marketplaces and e-commerce applications. The Origin Platform initially targets the global sharing economy, allowing buyers and sellers of fractional use goods and services (car-sharing, service-based tasks, home-sharing, etc.) to transact on the distributed, open web. Using the Ethereum blockchain and Interplanetary File System (IPFS), the platform and its community participants can interact peer-to-peer, allowing for creating and booking services and goods without traditional intermediaries.