Movers of the Day 9-Dec-2023

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

Top movers of the day are Onyxcoin and Decentralized Social. Since morning Onyxcoin has surged 64.69%, Decentralized Social is 23.49% higher.

Most cryptocurrencies finished the day higher. The large caps represented by 2100NEWS 100 Large Cap Index (NWSL100) ended +1.61%. Their movement can be seen on the adjacent NWSLT chart over the past 24 hours. Our main 2100NEWS Total Index (NWST1100) ended +0.05%. On the other hand Bitcoin and Ether ended lower: BTC -0.79%, ETH -0.33%.

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

Onyxcoin (XCN)

Onyx Protocol is an algorithmic money market designed to bring secure and trustless credit and lending to users on Ethereum Network. Onyx enables investors to lend and/or borrow cryptocurrencies, by pledging the platform an over-collateralized amount of cryptocurrency. Onyx does this by utilizing money markets, which are pools of assets with algorithmically derived interest rates, based on the supply and demand of each asset.

Decentralized Social (DESO)

DeSo is a new type of blockchain designed to power Web 3.0 decentralized social networks. Since its inception in 2019, DeSo has aimed to solve the problems created by present social media centralization. Today, a handful of private companies effectively control public discourse, earning monopoly profits; meanwhile, the creators who actually produce the content are often underpaid and under-engaged. In contrast, DeSo’s social blockchain treats social media content as a public utility, making it permissionless and available to anyone. DeSo combines the paradigm of an open P2P financial system offered by cryptocurrencies with an efficient and scalable database infrastructure tailored to bring about the next generation of Web 3.0 social networks.

Top movers of the day are Seedify.fund and WazirX which has surged 35.83% since midnight. Seedify.fund is 12.41% higher. BENQI has increased by 6.79%.

Most cryptocurrencies moved higher this morning. Since midnight the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have increased by 4.12%. The mid cap represented by 2100NEWS 200 Mid Cap Index (NWSM200) have increased by 2.15%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 1.18% higher. Ether has increased by 0.75% higher while Bitcoin has decreased by 0.33%.

BENQI (QI)

BENQI is a suite of decentralized finance protocols built on Avalanche. It consists of the BENQI Markets, BENQI Liquid Staking and Ignite. BENQI Markets enables users to effortlessly lend, borrow, and earn interest with their digital assets. Depositors providing liquidity to the protocol earn yield, while borrowers are able to borrow in an over-collateralized manner. BENQI Liquid Staking is an Avalanche liquid staking solution that tokenizes staked AVAX. By tokenizing AVAX through liquid staking, users are given the ability to use, swap or collateralize the yield-bearing asset within Decentralized Finance applications.

Seedify.fund (SFUND) 

Seedify is a blockchain gaming-focused incubator and launchpad that empowers innovators and project developers through access to funding, community and partnership building, and a full support system to help drive the future of gaming and blockchain. Its ecosystem also includes an NFT launchpad for gaming and metaverse assets, along with the industry’s first gaming-and-metaverse-asset-centric NFT marketplace, Seedify NFT Space.

WazirX (WRX)

WazirX is a Cryptocurrency exchange with an advanced trading interface and features to Buy, Sell & Trade cryptocurrencies. It’s an exchange with a Live Open Order Book system that lets you trade digital assets like Bitcoin, Bitcoin Cash, Litecoin, Dash & many more.