Movers of the Day 5-Aug-2023

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

The day’s top movers are Merit Circle and Yield Guild Games, soaring 75.03% since 9 am.

Over the past 24 hours, the crypto market has remained stable, with only minor price fluctuations. Here are the main points:

1. The NWSBCT Index for Blue Chips, which represents Blue Chips in the crypto space, has trended sideways, as indicated by the adjacent chart.
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 increased modestly by 0.28% over the last 24 hours. This indicates that the overall market sentiment has slightly improved.
3. Both Bitcoin and Ether have shown a slight upward movement. Bitcoin’s price increased by 0.08%, while Ether’s increased by 0.37%.

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.

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  Yield Guild Games and Bancor. Siacoin has risen by 12.53% since midnight. Over the past 24 hours, the crypto market experienced a bearish sentiment, with only minor price fluctuations. Here are the main points: The NWSBCT Index for Blue Chips, which represents Blue Chips in the crypto space, has fallen. 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 modestly by 0.52% over the last 24 hours. This indicates that the majority of cryptocurrencies in the market have experienced a slight dip in their prices. Both Bitcoin and Ether have witnessed a price decrease. Bitcoin’s price decreased by 0.46%, while Ether’s by 0.14%.

Siacoin (SC)

Sia is a decentralized storage system. Users worldwide can contribute disk storage from their computers to create a decentralized network. With Sia cryptos, users can easily rent storage from hosts on the Sia system, which is achieved through smart storage contracts saved on the distributed Sia blockchain.

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.