Movers of the Day 18-Aug-2023

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

Top movers of the day are Orchid and Bluzelle. Since 7 pm Orchid has surged 20.08%, Bluzelle has increased by 3.90%.

Most crypto markets finished the day in green 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 +3.00%. 2100NEWS Total Index (NWST1100) ended +1.05%. Ether ended +2.78% while Bitcoin ended -0.84%.

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 pm in the last 24 hours. Therefore, it may not accurately represent the current market conditions at the time of your inquiry.

Orchid (OXT)

Orchid is a decentralized, market-based system for anonymous communication and virtual private networking. It includes a bandwidth market where node providers stake digital currency to advertise their services using the Ethereum blockchain and receive payment in OXT (Orchid’s native cryptocurrency). Orchid’s mission is to build Open Source software that keeps the Internet open and accessible — a natural resource for everyone, everywhere.

Top movers of the day at 19:10 are Bluzelle and Merit Circle. Since 2 pm Bluzelle has surged 23.22%, Merit Circle is 13.09% higher. In the afternoon the crypto markets were still down. Since 2 pm 2100NEWS Indices have decreased between 0.71% and 1.92%. 2100NEWS Total Index (NWST1100) is 1.70% lower. Bitcoin has fallen by 2.11%, Ether by 1.47%.

Bluzelle (BLZ)

Bluzelle is a decentralized data network for dapps to manage data securely, tamper-proof, and highly scalable. Cosmos and its BFT technology Tendermint power Bluzellet.

The day’s top movers (at 2 pm) are tomiNet and Injective. XDC Network has risen by 4.14% since 9 am. The cryptocurrency market has consolidated over the past 24 hours after experiencing a significant decline. Here’s a breakdown of the key points: The NWSBCT Index for Blue Chips, representing prominent cryptocurrencies, often called Blue Chips in the crypto space, has experienced a substantial drop. 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 6.45% over the last 24 hours. This index provides a comprehensive overview of how the cryptocurrency market performing collectively. Ether (ETH) and Bitcoin (TC) have both experienced declines over the same 24-hour period, with Ether’s value declining by 5.58% and Bitcoin dropping by 7.10%.

XDC Network (XDC)

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.

The day’s top movers (at 9 am) were Osmosis and Injective. Astar has risen by 17.61% since midnight. Over the past 24 hours, the cryptocurrency market went through a period of consolidation after a significant plunge. Here’s a breakdown of the key points

1. The NWSBCT Index for Blue Chips, representing prominent cryptocurrencies, often called Blue Chips in the crypto space, experienced a substantial plunge.
2. Additionally, the 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported rebounds ranging from 0.39 to 3.78% since midnight, providing insights into how different segments of the cryptocurrency market are performing.
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 plunged by a noteworthy 7.15% over the last 24 hours. This index offers a comprehensive overview of the collective movement within the cryptocurrency market.
4. Ether (ETH) has plunged by 7.45%, while Bitcoin (BTC) has dropped 6.09% during the same 24-hour period.

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 supporting 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.