Movers of the Day 14-Oct-2023

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

Top movers of the day are BarnBridge and Loom Network which has surged 28.57% since morning. BarnBridge is even 29.90% higher.

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. 2100NEWS Coin Index (NWSCo100) which measures the performance of the coins (without Bitcoin and Ether) ended -0.10%. Our main 2100NEWS Total Index (NWST1100) ended -0.39%. Bitcoin ended -0.72%, Ether ended -0.33%.

The criteria by which these specific cryptocurrencies and indices have been highlighted are detailed in supplemental notes. The provided data offers a snapshot until midnight in the last 24 hours. Therefore, it may not accurately represent the current market conditions at the time of your inquiry.

BarnBridge (BOND)

BarnBridge is a token of BarnBridgeDAO. BarnBridgeDAO will be the DAO that is controlled by the $BOND community. The BarnBridgeDAO will have complete control over the protocol and the features that are built into it. BarnbridgeDAO will be the final protocol DAO, and BarnBridgeDAO will be the final DAO where the community can vote with their $BOND tokens. The BarnBridge DAO will become the core component of the BarnBridge Platform as it enables decentralized decision-making to enforce actions in the community’s interest.

Top movers of the day are Orbs and Beta Finance. Since midnight Orbs has surged 26.93%, Beta Finance is 11.15% higher. Akash Network has increased by 7.64%.

Most cryptocurrencies started out lower today. Since midnight the large caps represented by 2100NEWS 100 Large Cap Index (NWSL100) have decreased by 0.45%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 0.58% lower. Similarly, Bitcoin has fallen by 0.58%, Ether by 0.91%.

Orbs (ORBS) 

Orbs is a public blockchain infrastructure designed for enterprises. Unlike private and permissioned blockchain solutions typically 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. It provides the system of incentives used to elect validators in a secure and decentralized manner.

Beta Finance (BETA) 

Beta Finance is a permissionless money market on Ethereum for borrowing, lending, and shorting crypto assets. It allows users to access a scalable and accessible money market where tokens can be listed permissionless and automatically and where users can short these tokens. Beta Finance plans to launch on additional layer one and layer two solutions after its Ethereum Mainnet launch. Users have three options: lending, borrowing, and shorting. Lenders can lend crypto assets for any market on Beta Finance and earn interest on it. Borrowers can take the contrary position, while short-sellers can use collateral to initiate short positions. Unlike centralized exchanges, Beta Finance does not use an order book to execute shorts but routes the trade through decentralized exchanges that use automated market makers. As part of its Phase 2 launch, the platform plans to release permissionless money market creation.

Akash Network (AKT)

Akash DeCloud is a faster, better, and lower-cost cloud built for DeFi, decentralized projects, and high-growth companies, providing unprecedented scale, flexibility, and price performance. 10x lower in cost, our serverless computing platform is compatible with all cloud providers and all applications that run on the cloud.