Movers of the Day 26-Aug-2023

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

The day’s top movers are EthereumPoW and Merit Circle. ECOMI has risen 11.73% since 9 a.m.

Over the past day, the cryptocurrency market has trended sideways. 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 trended sideways, as depicted on the adjacent chart. 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 increased by 0.04% over the last 24 hours. Ether (ETH) has decreased slightly by 0.04% and Bitcoin (BTC) by 0.07% during the same 24-hour period.

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.

ECOMI (OMI)

ECOMI is a technology company based in Singapore and is leading the way in the emerging digital collectible space. ECOMI offers a one-stop-shop for digital collectibles through the ECOMI Collect app, bringing pop culture and entertainment into the 21st century. The Collect app allows users to experience true ownership of premium digital collectibles. Through the app marketplace, users can obtain common, rare, or one-of-a-kind digital collectibles, share these across the social network service, and exchange them with the Collect community, all from the palm of their hand. ECOMI sees digital collectibles as a new asset class that offers intellectual property owners the opportunity for new revenue streams in the digital landscape. Digital streaming, gaming, and in-app purchasing have become a multibillion-dollar market,t and the next to join this digital trend is the pop culture and collectibles industry.

The day’s top movers (at 9 a.m.) were Sui and Livepeer, rising 9.66% since midnight. Over the past 24 hours, the cryptocurrency market has trended sideways. 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, has trended sideways.
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 modestly increased by 0.34% over the last 24 hours. This index offers a comprehensive overview of the collective movement within the cryptocurrency market.
3. Ether (ETH) has decreased modestly by 0.24% and Bitcoin (BTC) by 0.21% during the same 24-hour period.

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.

Sui (SUI)

Sui is a permissionless layerone1 blockchain designed to be both developer and user-friendly. It can support a wide range of application development with unrivaled speed at low cost. Like most other blockchains,  Sui uses objects as its basic data storage unit rather than accounts. Developers define, create, and manage these programmable objects representing user-level assets. An object has distinct attributes, including ownership, whose values can be updated based on the governing logic of the smart contract that created it.