Movers of the Day 6-Sep-2023

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

The day’s top movers are Enjin Coin and Worldcoin, rising by 9.74% since 7 p.m.

Over the past day, the cryptocurrency market has experienced some slight upward movements in prices. Here are the main takeaways:

1. 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.
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 slightly increased by 0.10% over the last 24 hours.
3. During the same period, the price of Bitcoin and Ether experienced minor increases of 0.02% and 0.11%, respectively.

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.

Worldcoin (WLD)

2100NEWS ranking: 107, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100

2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 18.6 (Average for Tokens: 16.3)

The mission of the Worldcoin project is to build the world’s largest identity and financial network as a public utility, giving ownership to everyone. The Worldcoin system revolves around World ID, a privacy-preserving global identity network. World ID enables users to verify their humanness online (“Proof of Personhood”) while maintaining their privacy through zero-knowledge proofs. To engage with the Worldcoin protocol, individuals must first download World App, the first wallet app that supports the creation of a World ID. Individuals visit a physical imaging device called the Orb to get their World ID Orb-verified. Most Orbs are operated by a network of independent local businesses called Orb Operators. The Orb uses multispectral sensors to verify humanness and uniqueness, with all images being promptly deleted on-device per default (absent explicit consent to Data Custody).

The top movers of the day at 19:10 are Unifi Protocol DAO and Perpetual Protocol. Since 2 p.m., Unifi Protocol DAO has increased by 12.00%, Perpetual Protocol is 6.41% higher. In the afternoon, the crypto markets were going down. Since 2 p.m., the tokens built on Ethereum measured by 2100NEWS Ethereum Based Index (NWSET100) have fallen by 0.67%. 2100NEWS Total Index (NWST1100) is 0.53% lower. Bitcoin has decreased by 0.45% and Ether by 0.50%.

Unifi Protocol DAO (UNFI)

Unifi Protocol DAO is a group of non-custodial, interoperable, decentralized, and multi-chain smart contracts providing the building blocks for the next generation of DeFi development. The Unifi Protocol is designed to provide developers with functional DeFi building blocks linking multiple blockchains into one large DeFi marketplace. uTrade is the working proof-of-concept for harnessing multi-chain and multi-platform liquidity mining to power UNFI, Unifi’s Global Governance Token.

The day’s top movers (at 2 p.m.) were Enjin Coin and Ampleforth Governance Token. Worldcoin has risen by 8.49% since 9 a.m. The cryptocurrency market remained stable over the past 24 hours, with a sideways trend. Here are the key points to keep in mind: The NWSBCT Index for Blue Chips, representing prominent cryptocurrencies, often called Blue Chips in the crypto space, has trended sideways. The 2100NEWS Total Index (NWST1100), reflecting the overall market sentiment by tracking the performance of 1100 significant cryptocurrencies based on their market capitalization, has seen a minor dip of 0.09% over the last 24 hours. During the same period, Bitcoin’s price decreased by 0.19%, and Ether saw a slightly smaller decrease of 0.13%.

Worldcoin (WLD)

The day’s top movers (at 9 a.m.) were Perpetual Protocol and Ampleforth Governance Token, surging by 28.42% since midnight. Over the past 24 hours, the cryptocurrency market experienced a modest increase. Here are the key points to keep in mind:

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 risen by 0.42% over the last 24 hours. This indicates a slight positive shift in the broader cryptocurrency market.
3. During the same period, Bitcoin’s price has risen by 0.26%, and Ether has seen a slightly larger increase of 0.47%.

Ampleforth Governance Token (FORTH)

FORTH is a new governance token that completes the AMPL ecosystem by putting control of the protocol in the hands of the community. Anyone who has interacted with the AMPL ecosystem on-chain can claim FORTH tokens. FORTH is the mechanism by which the community will vote on parameter changes to the core AMPL protocol and, more broadly, the tool the community will use to steer the continued evolution of the Ampleforth ecosystem. Where AMPL represents an independent currency that functions as a unit of account, FORTH is the governing mechanism that oversees its development. FORTH is an inflationary token that can be directly utilized or delegated to propose and vote on changes to the Ampleforth protocol. Its model is an extension of Compound Finance’s COMP. Initial governance parameters will be set when deploying on-chain governance to ensure a fair system that offers proper incentives for all network participants. Additionally, you can delegate your FORTH to “representatives,” who will then utilize your voting power to propose changes or vote on your behalf.

Perpetual Protocol (PERP)

Perpetual Protocol is a decentralized perpetual contract protocol for every asset, made possible by a Virtual Automated Market Maker (vAMM). Like Uniswap, traders can trade with our vAMMs directly without needing counterparties. The vAMMs provide guaranteed on-chain liquidity with predictable pricing set by constant product curves. The vAMMs are also designed to be market-neutral and fully collateralized. PERP holders can become stakers by staking the PERP tokens in their possession in a Staking Pool. In return, stakers are rewarded with a portion of the transaction fees in stablecoins plus staking rewards in PERP.