Movers of the Day 25-Jul-2023

Stay-Balanced-in-a-Soaring-Stock-Market

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

Top movers of the day are FUNToken and Dogecoin. Since 7 pm FUNToken has increased by 3.33%, Dogecoin by 2.07%.

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 represented by 2100NEWS 100 Large Cap Index (NWSL100) ended +0.18%. 2100NEWS Total Index (NWST1100) ended +0.32%. Bitcoin ended +0.19%, Ether ended +0.68%.

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.

 

FUN

FUNToken (FUN)

2100NEWS ranking: 256, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 12.9 (Average for Mid-caps: 12.9)

Through blockchain technology, FUNToken enables gaming operators, players, and developers transparency, provably fair gaming, and seamless integration to the world’s leading crypto iGaming solutions, helping to unlock greater economic opportunity and to tokenize value for users globally.

 

Top movers of the day at 19:10 are Amp and FUNToken. Since 2 pm Amp has surged 21.39%, FUNToken is 13.95% higher. OriginTrail has increased by 0.59%. In the afternoon the crypto markets still trended sideways. In the last 24 hours the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have increased by 0.17%. Moreover, the mid caps represented by 2100NEWS 200 Mid Cap Index (NWSM200) have increased by 0.68%. Similarly, Ether has increased by 0.64%, Bitcoin only 0.42%.

 

FUN

FUNToken (FUN)

 

The day’s top movers (at 9 am) are Kyber Network and XDC Network. Amp has risen by 9.14% since 9 am. Over the past day, the crypto industry has been relatively stable. The NWSBCT Index for Blue Chips, which represents Blue Chips in crypto, has trended sideways, indicating that these major cryptocurrencies have not seen significant gains or losses during this period. Meanwhile, the 2100NEWS Total Index (NWST1100), reflecting the overall market sentiment by tracking the performance of 1100 significant cryptocurrencies based on their market capitalization, has slightly decreased by 0.36% over the last 24 hours. Bitcoin’s price has decreased by 0.42%, while Ether has seen a slight increase of 0.05% during the same timeframe.

AMP

Amp (AMP)

2100NEWS ranking: 190, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 12.6 (Average for Ethereum-based Tokens: 15.9)

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 Kyber Network and XDC Network, rising by 9.91% since midnight. Over the past day, the cryptocurrency industry was consolidating following a recent price drop. The NWSBCT Index for Blue Chips, which represents Blue Chips in crypto, has trended sideways. 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 2.10% over the last 24 hours. This decline suggests a temporary bearish sentiment among the 1100 significant cryptocurrencies. Bitcoin’s price has decreased by 2.18%, and Ether’s price has fallen by 0.99% over the past 24 hours.

 

XDC

XDC Network (XDC)

2100NEWS ranking: 115, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 10.6 (Average for Coins: 15.4)

XinFin is an enterprise-ready hybrid BlXinFin technology company optimized for international trade and finance. The XinFin network is powered by the native coin called XDC. The XDC protocol is architected to support smart contracts, 2000TPS, 2 seconds transaction time, and KYC to Masternodes (Validator Nodes). The XDC Chain (XinFin Digital Contract) uses XinFin Delegated Proof of Stake (XDPoS), intending to create a ‘highly-scalable, secure, permission, and commercial-grade blockchain network. XinFin mainnet token XDC also creates an opportunity to utilize XinFin’s real-world use cases, such as TradeFinex.org, which helps small and medium businesses or institutions originate their own financial requirements in a digital, fully structured manner so that they can distribute them to the bank or non-bank funders themselves using a common distribution standard.

OGN

Origin Protocol (OGN)

2100NEWS ranking: 311, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Excellent, Score: 16 (Average for Small caps: 10)

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.

 

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