Movers of the Day 2-Oct-2023
Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are Bitcoin SV and Acala Network which has increased by 12.42% since 7 pm. Bitcoin SV is 2.01% lower.
Most cryptocurrencies finished the day in red. The large caps represented by 2100NEWS 100 Large Cap Index (NWSL100) ended -1.29%. Their movement can be seen on the adjacent NWSLT chart over the past 24 hours. 2100NEWS Total Index (NWST1100) ended -0.27%. Ether ended -1.54% while Bitcoin ended +0.96%.
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.
Acala Token (ACA)
| 2100NEWS ranking: 323, Small cap , Index member: NWST1100, NWSS300, NWSCo100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 13.3 (Average for Coins: 15.5) |
Acala is a specialized stablecoin and liquidity blockchain that is decentralized, cross-chain by design, and future-proof with forkless upgradability. Acala stablecoin protocol uses a multi-collateral-backing mechanism to create a stablecoin soft-pegged to the US Dollar. The Acala stablecoin protocol is essentially a decentralized monetary reserve that creates a stable currency from a basket of reserve assets, where holders of the reserve assets can spend, trade, and access other services without price volatility while retaining their exposure to (without selling) the reserve assets.
Top movers of the day at 19:10 are Bitcoin SV and TomoChain. Since 2 pm Bitcoin SV has increased by 4.83%, TomoChain is 1.79% higher. In the afternoon the crypto markets took a break for a while but they are still much higher than yesterday’s closings. Since then the coins measured (without Bitcoin and Ether) by 2100NEWS Coin Index (NWSCo100) have increased by 0.78%. 2100NEWS Total Index (NWST1100) is 1.68% higher. Ether has increased by 0.53%, Bitcoin even by 3.06%.
Bitcoin SV (BSV)
| 2100NEWS ranking: 50, Large-cap, Index member: NWST1100, NWSL100, NWSCo100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 18 (Average for Large-caps: 18.3) |
Bitcoin SV stands for Satoshi Vision. Stemming from Bitcoin Cash, BSV is a hard fork (community-activated update to the protocol or code) established as distinct from BCH after the network upgrade scheduled for November 15th, 2018, resulting in a hash war determining the chains would be split. According to their website, the Bitcoin SV project is primarily backed by CoinGeek Mining, with development work by nChain.
The day’s top movers (at 2 p.m.) are IoTeX and Bitcoin SV. Liquity has risen 7.40% since 9 a.m.
In the past 24 hours, the cryptocurrency market has seen positive movements across various indices and cryptocurrencies, including major ones like Bitcoin and Ether. Let’s take a closer look at the key details: The NWSBCT Index for Blue Chips, representing prominent cryptocurrencies, often called Blue Chips in the crypto space, has soared. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 1.17% to 3.67% since midnight. These gains across different categories of cryptocurrencies indicate a broad-based uptrend in the market. The 2100NEWS Total Index (NWST1100), reflecting the overall market sentiment by tracking the performance of 1100 significant cryptocurrencies based on their market capitalization, has soared 2.74% over the last 24 hours, indicating an overall increase in the cryptocurrency market during this time. Bitcoin has seen a notable 3.83% jump in its price in the previous 24 hours, while Ether has surged by 2.25%.
Liquity (LQTY)
| 2100NEWS ranking: 188, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSET100, NWSDM100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 15.4 (Average for Ethereum-based Tokens: 15.9) |
Liquity is a decentralized borrowing protocol that allows you to draw 0% interest loans against Ether used as collateral. Loans are paid out in LUSD – a USD-pegged stablecoin and need to maintain a minimum collateral ratio of only 110%.
The day’s top movers (at 9 a.m.) were Livepeer and Solana. Bitcoin SV has risen 11.17% since midnight. Over the last 24 hours, the cryptocurrency market has experienced significant positive movements. Let’s take a closer look at the key details:
- The NWSBCT Index for Blue Chips, representing prominent cryptocurrencies, often called Blue Chips in the crypto space, has soared.
- The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 1.04% to 3.22% since midnight, suggesting that many cryptocurrencies, not just the major ones, have seen positive price movements. This diversity in gains means a broader uptrend in the market.
- The 2100NEWS Total Index (NWST1100), reflecting the overall market sentiment by tracking the performance of 1100 significant cryptocurrencies based on their market capitalization, has soared 2.96% over the last 24 hours, indicating a general uptick in the cryptocurrency market during this period.
- Bitcoin has seen a 3.52% jump in its price over the last 24 hours, while Ether has experienced a 2.65% gain.
Livepeer (LPT)
| 2100NEWS ranking: 147, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100, NWSDM100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 12.8 (Average for Tokens: 16.2) |
Livepeer is a video infrastructure network for live and on-demand streaming. Designed to give developers the freedom to innovate, creators autonomy from platforms, and viewers a choice in their experience.
Lily
Litecoin