Movers of the Day 28-Aug-2023

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

Top movers of the day are Syscoin and API3. Since 7 pm Syscoin has surged 39.84% while API3 has decreased by 1.77%.

The crypto markets finished the day slightly lower as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS Indices ended between -0.03% and -1.50%. 2100NEWS Total Index (NWST1100) ended -0.31%. Similarly, Bitcoin ended -0.32%, Ether ended -0.41%.

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.

Syscoin (SYS)

As well as a cryptocurrency, Syscoin is meant to be a global network, a distributed ledger, a decentralized database, and a blockchain. Aiming to help developers create and implement decentralized applications and enable the development of custom decentralized marketplaces, Syscoin aims to cut out the middlemen of online retail.

Top movers of the day at 19:10 are HEX and Galxe which has increased 9.44% since 2 pm. HEX is 7.66% higher. In the afternoon the crypto markets went up. Since 2 pm 2100NEWS Indices have increased up to 1.11%. 2100NEWS Total Index (NWST1100) is 0.77% higher. Similarly, Ether has increased by 0.73&, Bitcoin by 0.62%.

Galxe (GAL)

Galxe is the leading platform for building the web3 community. With over 10 million unique users to date, Galxe has propelled the growth of Optimism, Polygon, Arbitrum, and more than 2100 partners with reward-based loyalty programs.

The day’s top movers (at 2 p.m.) are Blur and API3, surging by 23.46% since 9 a.m. Over the past 24 hours, 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. Additionally, the 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from 0.48 to 1.76% since midnight, providing insights into how different segments of the cryptocurrency market are performing. 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 0.62% over the last 24 hours. Ether (ETH) has fallen by 0.71% and Bitcoin (BTC) by 0.35% during the same 24-hour period.

API3 (API3)

API3 is a token of API that drives a collaborative effort to create a new generation of blockchain-native, decentralized APIs, or dAPIs for short. dAPIs are composed of first-party oracles operated by API providers and thus are more secure and cost-efficient than alternative solutions that employ intermediaries. Staking the token will grant its holders full governing rights over the API3 DAO and all associated rewards. Staked API3 tokens will be used as collateral for the on-chain insurance service to provide quantifiable and trustless security guarantees to dAPI users.

The day’s top movers (at 9 a.m.) were Akash Network and Blur, rising 4.66% since midnight. Over the past 24 hours, the cryptocurrency market has fallen. 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 fallen.
2. Additionally, the 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from 0.43 to 1.68% 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 declined by 0.67% over the last 24 hours. This index offers a comprehensive overview of the collective movement within the cryptocurrency market.
4. Ether (ETH) has fallen by 0.43% and Bitcoin (BTC) by 0.39% during the same 24-hour period.

Blur (BLUR)

Blur is a unique non-fungible token (NFT) marketplace and aggregator platform that offers advanced features such as real-time price feeds, portfolio management, and multi-marketplace NFT comparisons. It claims to have faster NFT sweeps and a more intuitive interface than comparable platforms. As a result, many professional NFT traders increasingly prefer to use Blur for their trading activities — although it may be due to incentives like the recent airdrop of 360 million BLUR tokens — worth around $355M at the time of writing. An Ethereum-based platform has raised over $14m from world-class investors and traders, including Paradigm, 6529, Cozomo Medici, dhof, Bharat Krymo, Zeneca, OSF, MoonOverlord, icebergy, Deeze, Andy8052, Keyboard Monkey and many more. BLUR became prominent after launching in October 2022, when it promised airdrops of BLUR tokens to the top platform users.

WEMIX (WEMIX)

Wemix is a blockchain-based Global Gaming Platform developed by Wemade Tree, a subsidiary company of WEMADE as its flagship blockchain gaming services arm. “Wemix” is a platform for gaming dApps providing users with wallets and a marketplace for digital assets (fungible tokens, non-fungible tokens). Wemix envisions nurturing a blockchain gaming ecosystem with users’ “experiential value” at the core, while existing blockchain gaming projects focus on digital asset exchange. Core competencies for Wemix setting a new standard in the blockchain gaming scene are: “Sustainability” Wemade has been serving the global gaming industry for over 20 years; “Substance” Wemade has reached more than 600 million users worldwide with global mega-hit game titles, including ChuanQi (Legend of Mir); “Support” Wemade has ten subsidiaries and 10+ investments made into gaming companies with resources accessible for Wemix; “Scalability” Wemix platform adopted a hybrid “multi-chain” infrastructure (public-bridge-private) to address inherent scalability and transaction cost issues.