Movers of the Day 8-Oct-2023

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

Top movers of the day are Bancor and 0x Protocol. Since morning Bancor has surged 32.53%, 0x Protocol is 14.91% higher. COTI has increased by 12.46%.

Most cryptocurrencies finished the day lower. The large caps represented by 2100NEWS 100 Large Cap Index (NWSL100) ended -0.20%. Their movement can be seen on the adjacent NWSLT chart over the past 24 hours. Our main 2100NEWS Total Index (NWST1100) ended -0.04%. On the other hand Bitcoin and Ether ended slightly higher: BTC +0.05%, ETH +0.04%.

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.

Bancor (BNT)

Bancor is an on-chain liquidity protocol that enables automated, decentralized exchange on Ethereum and across blockchains. The protocol is made up of a series of smart contracts that are designed to pool liquidity and perform peer-to-contract trades in a single transaction with no counterparty. Users stake BNT in automated market makers in exchange for trading fees, BNT staking rewards, and voting rights in the Bancor DAO. Bancor has processed more than $2 billion in trade volume across thousands of tokens, with millions in fees generated by stakers.

Top movers of the day are Orbs and Loom Network. Since midnight Orbs has surged 42.96%, Loom Network has increased by 13.52%. Verasity is 4.51% higher.

The crypto markets moved lower this morning. Since midnight 2100NEWS Indices which measure the performance of different groups of tokens and coins have fallen between 0.14% and 0.62%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 0.23% lower. Bitcoin has decreased by 0.12%, Ether by 0.33%.

Orbs (ORBS) 

Orbs is a public blockchain infrastructire designed for enterpries. Unlike private and permissioned blockchain solutions tipically used for enterprise, the Orbs infrastructure is open and permissionless. The Orbs protocol is decentralized and executed by a public network of permissionless validators using Proof- of-Stake consensus. The Orbs protocol relies on the ORBS token used for the settlement of fees related to app execution and provides  the system of incentives used to elect validators in a secure and decentralized manner.

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.

Verasity (VRA) 

Verasity is a leading video platform providing unique Rewarded Player Technology to major global publishers. Its patent-pending Video Rewards Player enables VRA rewards, monetization, and loyalty schemes within the player’s wallet. Verasity’s player technology is already available to 2 million publishers with 110 billion monthly views. This brings engagement, audiences, and revenues back to publisher sites. The attention-based model creates a thriving VRA token economy between viewers, publishers, and advertisers.