Movers of the Day 20-Dec-2023

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

Top Movers of the Day:

• BakeryToken and ALEX Lab: These cryptocurrencies have retained significant gains over the day. BakeryToken has risen by 8.42% since the 7 p.m. update.

Overview: The market has shown a generally bullish trend over the last day despite the pullback from the day’s highest point.  NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index exhibited strong momentum, with a substantial rise starting at 3 a.m. and peaking around 4 p.m. Subsequently, the index has demonstrated a pattern of smaller fluctuations. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, report losses ranging from -0.57 to -1.60% since 7 p.m.  2100NEWS Total Index (NWST1100): Representing a broad spectrum of the crypto market, this index tracks 1100 significant cryptocurrencies based on their market cap. It has surged by 2.84% in the last 24 hours, pointing to a strong positive trend across various cryptocurrencies. Bitcoin and Ether have shown divergent trends, with Ether modestly rising by 0.69%, while Bitcoin has seen a more significant surge of 3.04% over the previous day.

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.

BakeryToken (BAKE)

BakerySwap bills itself as the next iteration of Uniswap, and it aims to be a faster, cheaper, and tastier version of Uniswap. Liquidity providers will be rewarded with BAKE tokens from which they can earn a share of BakerySwap’s trading fees and use them for voting as part of BakerySwap’s governance. A team is an anonymous group of developers who believe in the future of decentralized autonomous organizations (DAO).

7:10 p.m. update: The top movers of the day are Elastos and BakeryToken. Since 2 p.m., Elastos has surged 29.48%, and BakeryToken is 29.43% higher. ALEX Lab has increased by 14.46%.

In the afternoon, the crypto markets continued to go up, as illustrated by an adjacent chart showing the NWSBCT Index (Blue Chips) movement over the past 24 hours. Since 2 p.m., the mid-caps measured by 2100NEWS 200 Mid Cap Index (NWSM200) have increased by 1.92%. Moreover, the large caps represented by the 2100NEWS 100 Large Cap Index (NWSL100) have increased by 2.13%. Ether has increased by 0.85%, Bitcoin even by 2.24%.

2:10 p.m. update: The top movers of the day are Elastos and DIA Token, which has surged 23.94% since 9 a.m. Similarly, Elastos has increased by 23.14%. SuperRare is 17.52% higher.

Most cryptocurrencies were still up. Since 9 a.m., 2100NEWS Indices, which measure the performance of different groups of tokens and coins, have increased up to 1.07%. 2100NEWS Total Index (NWST1100) is 0.26% higher. Bitcoin has increased by 0.09%, while Ether has decreased by 0.21%.

Elastos (ELA)

Elastos is open-source software whose development process has been sponsored by industry giants such as the Tsinghua Science Park, the TD-SCDMA Industrial Alliance, and the Foxconn Group for more than 200 million RMB. Elastos has published over ten million lines of source code, including four million lines of source code. Elastos aims to create a new kind of Internet powered by blockchain technology. People can own digital assets and generate wealth from this new Internet.

The top movers of the day are Streamr DATAcoin and Stacks. Since midnight, Streamr DATAcoin has surged 45.73%, and the token of Stacks is 18.94% higher.

The crypto markets started out higher today. Since midnight, the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have increased by 2.54%. Ether and our main 2100NEWS Total Index (NWST1100), which measures the performance of the significant 1100 crypto assets by market capitalization, have increased by 1.77%. Bitcoin is 1.42% higher.

Streamr (DATA)

Streamr is a usage token on the Streamr network and a payment token on the Streamr marketplace. Streamr provides a complete system to create unstoppable real-time data apps, even without writing code. Currently, the valuable data one produces is at the mercy of large corporations. This coin can be used to buy and sell through a decentralized peer-to-peer network.

Stacks (STX)

Stacks 2.0 is a layer-1 blockchain that connects to Bitcoin and brings smart contracts and decentralized apps to it. Smart contracts and apps developed on the Stacks platform are natively integrated with Bitcoin’s security, stability, and economic power.

NEAR Protocol (NEAR)

NEAR Protocol is a decentralized platform where developers can host serverless applications and smart contracts that have easy access to “open finance” networks (networks facilitate digital value transfer and storage using tokens and tokenized assets) and benefit from an ecosystem of “open web” components (components are re-usable smart contracts that share state, making for easy composability of applications that still protect user data). Unlike other blockchain-based platforms, the NEAR Protocol has been built from the ground up to be the easiest in the world for both developers and their end-users while still providing the scalability and security necessary to serve those users.