Movers of the Day 8-Sep-2023

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

Top movers of the day are Origin Protocol and Flamingo which has increased by 2.33% since 7 pm. Origin Protocol has decreased by 1.79%. Adventure Gold is 3.03% higher.

The crypto markets finished the day lower as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. The large caps represented by 2100NEWS 100 Large Cap Index (NWSL100) ended -0.86%. Our main 2100NEWS Total Index (NWST1100) ended -0.92%. Bitcoin ended -1.12%, Ether ended -0.73%.

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.

Flamingo (FLM)

Flamingo Finance is a Decentralized Finance (DeFi) platform where users can convert assets, wrap assets, provide liquidity, and earn yield through staking. Flamingo’s SmartStake feature enables users to perform all of these actions in a single click. The Flamingo token functions as the rewards token users can earn by adding liquidity to liquidity pools and staking their liquidity pool tokens (LP tokens). The platform facilitates automated transactions between cryptocurrency tokens on the Neo N3 blockchain through the use of smart contracts.

Top movers of the day at 19:10 are tomiNet and Flamingo. Since 2 pm tomiNet has increased by 8.93%, Flamingo is 8.05% higher. The crypto markets trended sideways. In the last 24 hours the tokens built on Ethereum measured by 2100NEWS Ethereum Based Index (NWSET100) have fallen by 0.87%. 2100NEWS Total Index (NWST1100) is 0.39% lower. Bitcoin has decreased by 0.27%, Ether by 0.46%.

tomiNet (TOMI) 

Tomi is a Web 3 company with eight offices worldwide besides the central office in New York. Tomi utilizes decentralized DNS, high-performance computing technology, a multi-chain wallet, and a unique browser to further decentralize digital assets and cloud services and provide the infrastructure for a Web 3 internet that provides free speech and allows Web 3 projects to become fully decentralized.

The day’s top movers (at 2 p.m.) are DeFiChain and Origin Protocol. Terra has risen by 8.09% since 9 a.m. Over the last 24 hours, the cryptocurrency market has trended sideways. Here are the essential details: The NWSBCT Index for Blue Chips, representing prominent cryptocurrencies, often called Blue Chips in the crypto space, has trended sideways. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from 0.10% to 1.56% 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 increased by 0.30% over the last 24 hours. In the same 24-hour period, Ether (ETH) has decreased by 0.10%, while Bitcoin (BTC) has modestly risen by 0.53%.

Terra (LUNA)

Terra (LUNA) is a public blockchain protocol that emerged from Terra Classic. Terra Classic is home to the algorithmic stablecoin TerraClassicUSD (UST). Its now-renamed LUNC token collateralized UST, which crashed in a bank run in May 2022. That devalued LUNA to virtually zero and caused the launch of a new chain — resulting in Terra Classic and Terra.

The day’s top movers (at 9 a.m.) were Venus and Origin Protocol, soaring 42.07% since midnight. Over the last 24 hours, the cryptocurrency market has had some positive movement and consolidation. Here are the essential details:

1. The NWSBCT Index for Blue Chips, representing prominent cryptocurrencies, often called Blue Chips in the crypto space, has risen.
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 1.14% over the last 24 hours, indicating an overall positive market sentiment.
3.  In the same 24-hour period, Ether (ETH) has risen by 0.43%, while Bitcoin (BTC) has experienced a more significant surge, with its price rising by 1.75%.

Origin Protocol (OGN)

Origin is an open-source platform that enables the creation of peer-to-peer marketplaces and e-commerce applications. The Origin Platform initially targets the global sharing economy, allowing buyers and sellers of fractional-use goods and services (car-sharing, service-based tasks, home-sharing, etc.) to transact on the distributed, open web. Using the Ethereum blockchain and Interplanetary File System (IPFS), the platform and its community participants can interact peer-to-peer, allowing for creating and booking services and goods without traditional intermediaries.

Venus (XVS)

Venus Protocol is an algorithmic-based money market system designed to bring a complete decentralized finance-based lending and credit system to the 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.