Movers of the Day 10-Dec-2023

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

Top movers of the day are OKT Chain and BENQI which has surged 37.81% since morning. OKT Chain is 40.36% higher.

Most cryptocurrencies finished the day higher as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. The tokens built on Ethereum measured by 2100NEWS Ethereum Based Index (NWSET100) ended +0.72%. Our main 2100NEWS Total Index (NWST1100) ended +0.24%. Ether ended +0.29% while Bitcoin ended -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.

 

OKT

OKT Chain (OKT)

2100NEWS ranking: 204, Mid-cap , Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 12.9 (Average for Coins: 15)

OKX is an innovative cryptocurrency exchange with advanced financial services. We rely on blockchain technology to provide everything you need for wise trading and investment.

 

QI

BENQI (QI)

2100NEWS ranking: 419, Small cap Non-Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 13.5 (Average for Small caps: 10)

BENQI is a suite of decentralized finance protocols built on Avalanche. It consists of the BENQI MarketsBENQI 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.

 

Top movers of the day are OKT Chain and BitTorrent [New]. Since midnight OKT Chain has surged 56.16%, BitTorrent [New] is 34.60% higher. MultiversX has increased by 10.35%.

Today the crypto markets started out at the same levels as they finished last night. In the last 24 hours the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have fallen by 2.25%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 1.07% lower. Bitcoin has decreased by 0.38%, Ether by 1.16%.

 

BTT

BitTorrent [New] (BTT)

2100NEWS ranking: 84, Large-cap Non-Ethereum-based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSOT50
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 15 (Average for Large-caps: 18.3)

BitTorrent is a popular peer-to-peer (P2P) file sharing and torrent platform which has become increasingly decentralized in recent years. Originally released in July 2001, BitTorrent was purchased by blockchain platform TRON in July 2018. Since its acquisition, BitTorrent has added various new tools, with a dedicated native cryptocurrency token, BTT, released in February 2019. BTT was launched on TRON’s own blockchain, using its TRC-10 standard. According to its official literature, BitTorrent is currently the “largest decentralized P2P communications protocol” in the world.

 

EGLD

MultiversX (EGLD)

2100NEWS ranking: 36, Large-cap, Index member: NWST1100, NWSL100, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 20.7 (Average for Large-caps: 18.3)

MultiversX is a a technology ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things. Its smart contracts execution platform is reportedly capable of 15,000 transactions per second, six-second latency and a $0.001 transaction cost. MultiversX rewards the community and active participants with EGLD tokens. EGLD, or Electronic Gold, is Elrond’s native token. It acts as a store of value currency to pay for network usage. The coin also serves as a medium of exchange between platform users and validators. Users pay transaction fees in EGLD and validators provide services. EGLD allows developers to deploy smart contracts, protocols, and dApps on the platform. It empowers participants to perform any network action. Through staking and validation rewards, as well as transaction fees, EGLD manages the Elrond network. Plus, EGLD is endowed with the functionality of a governance token, so its holders can vote on network decisions. MultiversX was first announced in August 2019, and its mainnet went live in July 2020.

 


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