Movers of the Day 9-Oct-2023

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

Top movers of the day at 19:10 are Loom Network and Core DAO. Since 2 pm Loom Network has increased by 8.88%, Core DAO is 4.98% higher.

In the afternoon the crypto markets were still down as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. Since 2 pm the tokens built on Ethereum measured by 2100NEWS Ethereum Based Index (NWSET100) have fallen by 1.05%. 2100NEWS Total Index (NWST1100) is 0.76% lower. Bitcoin has decreased by 0.32%, Ether even by 1.58%.

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 7:10 p.m. 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.

The day’s top movers (at 2 p.m.) are Liquity and Storj. Stratis has risen by 13.02% since 9 a.m. In the past 24 hours, the cryptocurrency market has dropped. Take a closer look: The NWSBCT Index for Blue Chips, representing prominent cryptocurrencies, often called Blue Chips in the crypto space, has trended dropped. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -2.00% to -4.43% since midnight, indicating that various segments of the cryptocurrency market have experienced significant declines, with some tokens and coins seeing more substantial losses than others. The 2100NEWS Total Index (NWST1100), reflecting the overall market sentiment by tracking the performance of 1100 significant cryptocurrencies based on their market capitalization, has dropped by 1.47% over the last 24 hours, signifying a noteworthy decline in the overall cryptocurrency market. During this same time, Bitcoin and Ether have experienced drops of 1.27% and 1.69%, respectively, contributing to the overall market’s downward trend.

Stratis (STRAX)

Stratis is a cryptocurrency used on a platform that provides flexible and affordable end-to-end solutions. These solutions can be applied to the experiment, construction, and deployment of C# blockchain applications based on the .net framework. They are also attached to users’ needs at a quite competitive price.

The day’s top movers (at 9 a.m.) were Bancor and Storj, rising by 12.78% since midnight. In the past 24 hours, the cryptocurrency market has remained stable, with slight declines in the total market index. Taking a closer look:

1. The NWSBCT Index for Blue Chips, representing prominent cryptocurrencies, often called Blue Chips in the crypto space, has trended sideways.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -0.15% to -0.57% since midnight.
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 slightly decreased by 0.11% over the last 24 hours.
4. However, during this same time, Bitcoin and Ether have experienced minor increases of 0.01% and 0.03%, respectively.

Storj (STORJ)

Storj (pronounced: storage) aims to become a cloud storage platform that can’t be censored, monitored, or have downtime. It is the first decentralized, end-to-end encrypted cloud storage platform. Storj’s core technology is an enforceable, peer-to-peer storage contract. It’s a way for two people (or computers) to agree to exchange some amount of storage for money without knowing each other. We call the computer-selling space the “farmer” and the computer-purchasing space the “renter.” The renter and farmer meet, negotiate an agreement, and move data from the renter to the farmer for safekeeping.

Bancor (BNT)

Bancor is an on-chain liquidity protocol that enables automated, decentralized exchange on Ethereum and across blockchains. The protocol comprises a series of smart contracts 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 over $2 billion in trade volume across thousands of tokens, with millions in fees generated by stakers.