Movers of the Day 12-Aug-2023

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

Top movers of the day are Livepeer and THORChain. Since morning Livepeer has surged 20.46%, THORChain has increased by 10.42%. Gods Unchained has increased by 8.55%.

The crypto markets 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 measured by 2100NEWS 100 Large Cap Index (NWSL100) ended +0.42%. Our main 2100NEWS Total Index (NWST1100) ended +0.24%. Bitcoin ended +0.08%, Ether ended +0.28%.

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.

Livepeer (LPT) 

Livepeer is an open-source video infrastructure service built on the Ethereum Blockchain. It was created to provide decentralized, affordable, and reliable video encoding to enable new use cases and business models. Token holders can reportedly bond their tokens towards a Transcoder to perform work on their behalf and earn newly minted tokens and fees.

Top movers of the day are Astar Network and Shiba Inu. Since midnight Astar Network has increased by 7.47%, Shiba Inu is 3.38% higher. Akash Network has increased by 1.89%.

The crypto markets moved slightly higher this morning. Since midnight 2100NEWS Indices which measure the performance of different groups of tokens and coins have increased up to 0.57%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 0.16% higher. Ether has increased by 0.24%, Bitcoin only 0.03%.

Akash Network (AKT)

Akash DeCloud is a faster, better, and lower-cost cloud built for DeFi, decentralized projects, and high-growth companies, providing unprecedented scale, flexibility, and price performance. 10x lower in cost, our serverless computing platform is compatible with all cloud providers and all applications that run on the cloud.

Astar (ASTR) 

Astar Network is a dApp hub on Polkadot that supports Ethereum, WebAssembly, and layer two solutions like ZK Rollups. Astar aims to be a multi-chain intelligent contract platform that will support multiple blockchains and virtual machines. Polkadot Relay Chain doesn’t support smart contracts. That’s why the ecosystem needs to have a parachain that enables this for all developers who want to build in the Polkadot ecosystem. Astar is here to provide the best solution for all developers by supporting EVM and making a parachain where EVM and WASM smart contracts can co-exist and communicate with each other.

Shiba Inu (SHIB)

SHIB is the main token of the Shiba Inu ecosystem, bringing the power of a decentralized, community-led currency to millions across the globe. Since its inception in late 2020, the Ethereum-based SHIB token has grown to become a worldwide phenomenon, and is now accepted as a form of payment at hundreds of locations, either directly or through third-party intermediaries. Shiba Inu coin was created anonymously in August 2020 under the pseudonym “Ryoshi.” Ryoshi says about himself that he is a nobody and not important and that the efforts to unmask his identity, even if successful, would be underwhelming. This meme coin quickly gained speed and value as a community of investors was drawn in by the cute charm of the coin paired with headlines and tweets from personalities like Elon Musk and Vitalik Buterin. Vitalik Buterin was long believed to be the originator of Shiba Inu, but denied such rumors on the Lex Fridman podcast on June 5, 2021.