Movers of the Day 24-Dec-2023
Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are BarnBridge and BakeryToken. Since morning BarnBridge has surged 62.84%, BakeryToken is 24.58% higher.
Most cryptocurrencies finished the day in red 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 -1.07%. Our main 2100NEWS Total Index (NWST1100) ended -1.35%. Bitcoin ended -1.85%, Ether ended -1.73%.
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.
BarnBridge (BOND)
| 2100NEWS ranking: 455, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 12.5 (Average for Small caps: 10) |
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.
BakeryToken (BAKE)
| 2100NEWS ranking: 373, Small cap Non-Ethereum-based Token, Index member: NWST1100, NWSS300 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Excellent, Score: 16.8 (Average for Small caps: 10) |
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).
Top movers of the day are Moonriver and Uquid Coin. Since midnight Moonriver has surged 21.82%, Uquid Coin has increased by 7.14%. Acala Token is 5.17% higher.
Today most cryptocurrencies started out higher. Since midnight the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have increased by 1.11%. The small caps represented by 2100NEWS 300 SmallCap Index (NWSS300) have increased by 0.77%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 0.15% higher. On the other hand Bitcoin and Ether started out lower: BTC -0.29%, ETH -0.13%.
Moonriver (MOVR)
| 2100NEWS ranking: 339, Small cap, Index member: NWST1100, NWSS300, NWSCo100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 13 (Average for Coins: 15.1) |
Moonriver is the utility token of the Moonriver Network, Moonbeam’s Kusama deployment that serves as a “CanaryNet” to the Moonbeam Network. As such, the token utility behaviors on Moonriver will mirror that of Moonbeam. Moonbeam is a developer-oriented blockchain that strives to provide compatibility with the existing Ethereum developer toolchain and network. It does this by providing a full EVM implementation, a Web3-compatible API, and bridges that connect Moonbeam to existing Ethereum networks. This allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonbeam with minimal changes. Supply and other token economic behaviors on Moonriver will be the same as on Moonbeam, but token distribution will be different to support the unique goals and attributes of the network. Moonriver will serve as a “CanaryNet” for Moonbeam, but it will also be a community-led experiment where the community will decide the direction it takes. Among other things, Moonriver used a large parachain crowdloan to obtain its initial parachain slot on Kusama.
Uquid Coin (UQC)
| 2100NEWS ranking: 568, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 5.9 (Average for Small caps: 10) |
UQC is a decentralized virtual currency based on the ERC20 – token, one of the EthereumTechnological trends. The goal of this blockchain asset is to supplement the development of the UQUID Ecosystem. In this virtual revolution, coin holders will benefit from instantly and effortlessly cashing out their coins.
Acala Token (ACA)
| 2100NEWS ranking: 322, Small cap , Index member: NWST1100, NWSS300, NWSCo100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 13.3 (Average for Coins: 15.1) |
Acala is a specialized stablecoin and liquidity blockchain that is decentralized, cross-chain by design, and future-proof with forkless upgradability. Acala stablecoin protocol uses a multi-collateral-backing mechanism to create a stablecoin soft-pegged to the US Dollar. The Acala stablecoin protocol is essentially a decentralized monetary reserve that creates a stable currency from a basket of reserve assets, where holders of the reserve assets can spend, trade, and access other services without price volatility while retaining their exposure to (without selling) the reserve assets.
Branko
Litecoin