Movers of the Day 25-Sep-2023

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

Top movers of the day are Moonbeam and Loom Network. Since 7 pm Loom Network has increased by 4.72%, Moonbeam only by 0.02%.

Most cryptocurrencies 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 measured by 2100NEWS 100 Large Cap Index (NWSL100) ended -0.08%. 2100NEWS Total Index (NWST1100) ended -0.51%. Bitcoin ended -0.96%, Ether ended -0.23%.

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.

Loom Network (LOOM)

Loom Network is a Platform as a Service built on top of Ethereum, allowing developers to run large-scale decentralized applications. This lets developers build DApps with the trust and security of the world’s most secure public blockchain, along with the computing resources necessary to run commercial-scale services. Like Filecoin tokenized disk space, Loom aims to be the tokenized application protocol of the new decentralized web.

Top movers of the day at 19:10 are Moonbeam and Storj which has surged 11.13% since 2 pm. Moonbeam is 10.57% higher. In the afternoon the crypto markets turned up. Since 2 pm 2100NEWS Indices have increased up to 1.19%. 2100NEWS Total Index (NWST1100) is 1.07% higher. Bitcoin has increased by 1.02%, Ether even by 1.43%.

Moonbeam (GLMR)

Moonbeam offers an Ethereum-like environment on top of Substrate (rather than a Geth-based solution). This lets developers redeploy their existing smart contracts easily, using the same tools and integrations they already use, and take advantage of the modern Substrate framework on which all Polkadot parachains are built. The Moonbeam network makes it possible for developers with Solidity or Vyper-based smart contracts to “go multi-chain” and extend their influence into the Polkadot ecosystem. Polkadot’s blockchain ensures seamless sharing of workloads on a new layer. Through Moonbeam, developers can port their existing Ethereum DApps to Polkadot or easily create new permissionless decentralized applications (dApps) using familiar Ethereum development tools. The tools on Moonbeam ensure that there is minimal change when front-end dApps are moved between chains. By using Moonbeam, Ethereum developers (which is the largest market of existing blockchain developers) will be able to bypass the scalability challenges due to the expense and constraints of the Ethereum network.

The day’s top movers (at 2 p.m.) are Moonbeam and Loom Network, rising by 18.02% since 9 a.m. The cryptocurrency market has experienced a significant drop in the last 24 hours. Here are the essential details: The NWSBCT Index for Blue Chips, representing prominent cryptocurrencies, often called Blue Chips in the crypto space, has dropped. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from 0.17% to 1.64% since midnight, indicating that different segments of the cryptocurrency market have experienced declines. The 2100NEWS Total Index (NWST1100), reflecting the overall market sentiment by tracking the performance of 1100 significant cryptocurrencies based on their market capitalization, has fallen by 1.73% over the last 24 hours, suggesting a general downward trend in the broader cryptocurrency market. Additionally, Bitcoin (BTC) has dropped by 2.07%, while Ether (ETH) has fallen by 1.66% during the same period.

Loom Network (LOOM)

The day’s top movers (at 9 a.m.) were FTX Token and Worldcoin. Enjin Coin has risen by 3.89% since midnight. The cryptocurrency market has experienced a slight downturn in the last 24 hours. Here are the essential details:

1. The NWSBCT Index for Blue Chips, representing prominent cryptocurrencies, often called Blue Chips in the crypto space, has decreased.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from 0.10% to 0.73% since midnight. This indicates that some segments of the cryptocurrency market have experienced slight declines, but these losses are relatively modest.
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 fallen by 0.66% over the last 24 hours, suggesting a general downward trend in the broader cryptocurrency market.
4. In the same 24-hour period, Bitcoin (BTC) has fallen by 0.89%, while Ether (ETH) has decreased by 0.55%.

Enjin Coin (ENJ)

Enjin builds a user-first blockchain product suite that enables anyone to easily create, manage, distribute, and integrate blockchain assets. The Enjin Platform is a blockchain PaaS (Platform as a Service) that allows you to create and manage blockchain games without the complexity of building and maintaining the infrastructure typically associated with developing and launching a blockchain game. It is a robust, flexible, powerful suite of tools and services for creating groundbreaking blockchain games.

Worldcoin (WLD) 

Worldcoin is an open-source protocol supported by a global community of developers, individuals, economists, and technologists committed to expanding participation in and access to the global economy. The Worldcoin Foundation is the steward and will support and grow the Worldcoin community until it becomes self-sufficient. Tools for Humanity helped launch Worldcoin and currently serves as the advisor to the Foundation and operators of the World App.