Movers of the Day 4-Oct-2023

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

The day’s top movers are Trust Wallet Token and Avalanche. Liquity has risen by 5.51% since 7 p.m.

The cryptocurrency market has risen in the last day. 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 risen, as shown in the chart nearby. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.07% to 0.83% since 7 p.m. The 2100NEWS Total Index (NWST1100), reflecting the overall market sentiment by tracking the performance of 1100 significant cryptocurrencies based on their market capitalization, has modestly increased by 0.42% over the last 24 hours. During this same time, Bitcoin has risen by 1.18%, while Ether has modestly decreased by 0.60%.

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.

Liquity (LQTY)

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 top movers of the day at 19:10 are SwissBorg and Trust Wallet Token, which has increased by 8.83% since 2 p.m. SwissBorg is 1.56% higher. The crypto markets trended sideways. Over the past 24 hours, the tokens built on Ethereum represented by 2100NEWS Ethereum Based Index (NWSET100) have fallen by 0.91%. 2100NEWS Total Index (NWST1100) is 0.11% lower. Ether has decreased by 0.80%, while Bitcoin has increased by 0.46%.

Trust Wallet Token (TWT)

Trust Wallet Token is a crypto developed by Trust Wallet. Trust Wallet stores your coins and tokens in a single, secure wallet. More than 40 blockchains and 160k+ assets are supported. Trust Wallet development team continues to add support for more cryptocurrencies every month.

The day’s top movers (at 2 p.m.) are XRP and SwissBorg, rising by 6.59% since 9 a.m. Over the last 24 hours, the cryptocurrency market has been relatively stable with a sideways trend. 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 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 slightly decreased by 0.28% over the last 24 hours. Bitcoin has experienced a minor increase of 0.08% in the previous 24 hours, while Ether has seen a modest decrease of 0.60%. Still, this decline is also relatively small and consistent with a sideways market trend.

SwissBorg (CHSB)

The SwissBorg project aims to revolutionize wealth management with a community-centric approach powered by Ethereum and smart shares. SwissBorg will be the first Swiss cyber bank to offer tailor-made crypto investment services. SwissBorg is a decentralized wealth management platform managed by a team of 90+ years of experience, from private banking all the way to Wall Street. Thanks to their extensive experience in hedge funds management and algorithmic/ quantitative trading, their investment team will actively manage crypto-wealth with best-of-breed technologies (blockchain & Al).

The day’s top movers (at 9 a.m.) were Pundi X and Raydium, rising by 11.75% since midnight. Over the last 24 hours, the cryptocurrency market has fallen. Let’s take a closer look at the key details:

1. The NWSBCT Index for Blue Chips, representing prominent cryptocurrencies, often called Blue Chips in the crypto space, has fallen.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from 0.15% to 1.24% since midnight. These indices represent various segments of the cryptocurrency market, and the losses suggest a retracement.
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 1.27% over the last 24 hours.
4. Bitcoin has decreased by 0.90% over the last 24 hours, while Ether has seen a more significant decline, falling by 1.73%.

Raydium (RAY)

Raydium is an automated market maker (AMM) platform built on Solana, where users can swap, trade, and provide liquidity to earn a yield on digital assets. However, unlike other AMM platforms, Raydium’s AMM provides on-chain liquidity to Serum’s central limit order book, meaning that Raydium’s users and liquidity pools have access to the order flow and liquidity of the entire Serum ecosystem and vice versa.