Movers of the Day 4-Aug-2023

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

The day’s top movers are Helium and Bancor, surging by 28.08% since 7 pm.

Over the past 24 hours, the crypto market has experienced a bearish sentiment, resulting in losses across various segments. Here are the main points: The NWSBCT Index for Blue Chips, which represents Blue Chips in the crypto space, has fallen, as indicated by the adjacent chart. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, report losses ranging from 0.50 to 2.31% since 7 pm. The 2100NEWS Total Index (NWST1100), reflecting the overall market sentiment by tracking the performance of 1100 significant cryptocurrencies based on their market capitalization, has decreased by 0.91% over the last 24 hours. Both Bitcoin and Ether have witnessed a price decrease. Bitcoin’s price fell by 0.77%, while Ether’s declined by 0.74%.

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.

Bancor (BNT)

Bancor is an on-chain liquidity protocol that enables automated, decentralized exchange on Ethereum and across blockchains. The protocol is made up of a series of smart contracts that are designed to pool liquidity and perform peer-to-contract trades in a single transaction with no counterparty. Users stake BNT in automated market makers in exchange for trading fees, BNT staking rewards, and voting rights in the Bancor DAO. Bancor has processed more than $2 billion in trade volume across thousands of tokens, with millions in fees generated by stakers.

The day’s top movers (at 7 pm) were Yield Guild Games and Bancor, surging by 20.75% since 2 pm. In the past 24 hours, the cryptocurrency market remained fairly steady, with only minor price fluctuations. Here are the main points to note:

1. The NWSBCT Index for Blue Chips, which represents Blue Chips in the crypto space, has maintained its level.
2. The 2100NEWS Total Index (NWST1100), reflecting the overall market sentiment by tracking the performance of 1100 significant cryptocurrencies based on their market capitalization, has decreased marginally by 0.07% over the last 24 hours. A relatively stable market indicates a lack of significant movement.
3. Bitcoin’s price fell slightly by 0.15%, while Ether’s remained unchanged.

The day’s top movers (at 2 pm) were XDC Network and Yield Guild Games, rising by 15.02% since 9 am. Over the past 24 hours, the crypto market remained stable, with only small losses since midnight. Here’s what you should know: The NWSBCT Index for Blue Chips, which represents Blue Chips in the crypto space, has maintained its level. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, report losses ranging from 0.13 to 0.87% since midnight. 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 slight 0.10% decrease over the last 24 hours. A relatively stable market indicates a lack of significant movement. Bitcoin and Ether have shown mixed performance over the past 24 hours. During the same time, the performance of Bitcoin and Ether has been mixed. Bitcoin’s price rose slightly by 0.09%, while Ether’s saw a minor decline of 0.13%.

Yield Guild Games (YGG)

Yield Guild Games is a decentralized autonomous organization (DAO) that invests in virtual world non-fungible tokens (NFTs). The organization aims to develop the world’s largest virtual economy, optimize its assets to maximize utility and share revenues with its stakeholders.

The day’s top movers (at 9 am) were Illuvium and Yield Guild Games, rising by 15.97% since midnight. The crypto market remained stable over the past 24 hours, with only minor losses since midnight. Here is what you need to know:

1. The NWSBCT Index for Blue Chips, which represents Blue Chips in the crypto space, trended sideways.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, report losses ranging from 0.19 to 0.87% since midnight.
3. 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 slight decline of 0.10% over the last 24 hours. Relatively stable market sentiment indicates that there haven’t been significant swings in a bullish or bearish direction.
4. Bitcoin and Ether have shown mixed performance over the past 24 hours. Bitcoin’s price increased slightly by 0.32%, while Ether’s price saw a minor decrease of 0.13%.

HEX (HEX)

HEX is an ERC20 token launched on the Ethereum network. HEX is designed to be a store of value to replace the Certificate of Deposit as the blockchain counterpart of that financial product used in traditional financial markets. HEX is also designed to leverage the emerging DeFi (Decentralised Finance) ecosystem in cryptocurrencies within the Ethereum network. HEX uses the Ethereum network for the transaction layer (sending and receiving HEX tokens and interacting with the HEX smart contract). At the same time, the consensus code and staking mechanism are contained in the HEX smart contract.