Movers of the Day 7-Sep-2023

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

The day’s top movers are Venus and Hashflow, rising by 9.54% since 7 p.m.

In the past day, the cryptocurrency market has experienced a rise. Here are the key details:

1. The NWSBCT Index for Blue Chips, representing prominent cryptocurrencies, often called Blue Chips in the crypto space, has risen as depicted in the adjacent chart.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.16% to 1.23% since 7 p.m. These gains indicate that various segments of the cryptocurrency market have seen positive price movements, which is a positive sign for investors and traders.
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 risen by 1.26% over the last 24 hours.
4.  In the same 24-hour period, Ether (ETH) has risen by 0.95%, while Bitcoin (BTC) has surged by 1.80%.

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.

Hashflow (HFT)

Hashflow is a decentralized exchange designed for interoperability, zero slippage, and MEV-protected trades. It allows you to trade any asset on any chain in seconds simply by connecting your wallet. All trades are commission-free, and all price quotes are executed at their displayed price, giving you the most value for your buck on every trade.

The top movers of the day at 19:10 are Venus and Perpetual Protocol. Since 2 p.m., Venus has surged 48.03%, Perpetual Protocol is 12.64% higher. The crypto markets trended sideways, as illustrated by an adjacent chart showing the NWSBCT Index (Blue Chimovement ps) over the past 24 hours. In that time, the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have increased by 0.98%. 2100NEWS Total Index (NWST1100) is 0.98% higher. Bitcoin has increased by 088%, and Ether by 0.64%.

Venus (XVS)

Venus Protocol is an algorithmic-based money market system designed to bring a complete decentralized finance-based lending and credit system othe nto Binance Smart Chain. Venus enables users to utilize their cryptocurrencies by supplying collateral to the network that may be borrowed by pledging over-collateralized cryptocurrencies. This creates a secure lending environment where the lender receives a compounded interest rate annually (APY) paid per block while the borrower pays interest on the cryptocurrency borrowed.

The day’s top movers (at 2 p.m.) are Flux and Unifi Protocol DAO, rising by 7.54% since 9 a.m. Over the past 24 hours, the cryptocurrency market has experienced minor price fluctuations, resulting in a relatively calm market. Here are the main points: The NWSBCT Index for Blue Chips, representing prominent cryptocurrencies, often called Blue Chips in the crypto space, has remained steady. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from 0.20% to 1.07% since midnight. 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 reduced by 0.26% over the last 24 hours. Within the same period, Ether decreased modestly by 0.32%, while Bitcoin experienced a minor decrease of 0.11%.

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 9 a.m.) were Worldcoin and Flux, surging by 19.17% since midnight. Slight upward movements suggested the cryptocurrency market has had a relatively calm 24 hours with minor price fluctuations. Here are the main takeaways:

1. The NWSBCT Index for Blue Chips, representing prominent cryptocurrencies, often called Blue Chips in the crypto space, has remained steady.
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 0.22% over the last 24 hours.
3. During the same period, Ether increased modestly by 0.47%, while Bitcoin experienced a minor increase of 0.03%.

Flux (FLUX)

Flux is the new generation of scalable decentralized cloud infrastructure. Develop, manage, and spawn your applications on multiple servers at once—Ready for Web 3.0, Dapps, and more. The Flux Ecosystem is a fully operational suite of decentralized computing services and blockchain-as-a-service solutions that offer an interoperable, AWS-like development environment. The Ecosystem consists of the following components, all fully deployed and operational: Flux, a native GPU mineable POW (Proof of Work) coin providing incentive for hardware hosters, XDAO governance on-chain, and lousy actor mitigation via staking requirements for running hardware.

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).