Movers of the Day 31-Dec-2023

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Happy new year 2024

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

Top Movers of the Day:

  • Ontology and Braintrust: These cryptocurrencies have grown remarkably over the past day. Breaintrust has surged by 24.89% since the morning update.

Overview: The crypto market experienced a significant downturn, indicating potential sell-off actions or profit-taking by investors, especially noticeable in the last hours of the year. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index faced a downturn. 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 fallen by 0.95% in the last 24 hours. Bitcoin and Ether have shown divergent trends, with Ether decreasing by 0.67%; in contrast, Bitcoin has gained 0.30% 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.

 

BTRST

Braintrust (BTRST)

2100NEWS ranking: 308, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 15.7 (Average for Small caps: 10)

Braintrust is the first decentralized talent network that connects highly skilled technical freelancers with the world’s most reputable brands like Nestle, Porsche, Atlassian, Goldman Sachs, and Nike. Braintrust’s unique business model allows talent to retain 100% of their earnings and enables organizations to spin up flexible, skilled teams on-demand at a fraction of the cost of traditional staffing firms. A blockchain token uniquely enables this new business model that limits fee extraction and enables community ownership.

 

The top movers of the day are Internet Computers and Ontology. Since midnight, Internet Computers have increased by 13.82%, and Ontology is 19.64% higher.

Today, the crypto markets started out higher. Since midnight, the 2100NEWS 100 Large Cap Index (NWSL100), which measures the performance of the large caps, has increased by 1.19%. Our main 2100NEWS Total Index (NWST1100), which measures the performance of significant 1100 crypto assets by market capitalization, is 0.86% higher. Similarly, Bitcoin has increased by 0.85%, and Ether has increased by only 0.29%.

 

ICP

Internet Computer (ICP)

2100NEWS ranking: 26, Blue chip, Index member: NWST1100, NWSL100, NWS30, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 16.5 (Average for Blue chips: 23.6)

The Internet Computer is an entirely novel public blockchain that can run at web speed and scale without bounds. The Internet Computer is created by a decentralized protocol (ICP) that weaves together the computing capacity of node machines running at independent data centers across the globe. The Internet Computer is the world’s first blockchain where web experiences can be built with smart contracts (canisters) served directly to end-users in a browser. This creatan entirelyely novel playground to build hyperscale, mass-market services, all on-chain. The world’s most popular social apps, e-commerce sites, DeFi platforms, and even enterprise systems can all be reimagined as open services run with tokenized governance.

 

ONT

Ontology (ONT)

2100NEWS ranking: 172, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 13.1 (Average for Coins: 15)

Ontology is an enterprise-grade blockchain network that provides secure and bespoke client chains. It combines several protocols to build a distributed trust system. These include protocols for smart contracts, identity, data, and information exchange. The Ontology network functions as a connector between several blockchains, and ONT is the network’s native token. Ontology was launched in 2017 by OnChain, an entity with ties to NEO.

 

API3

API3 (API3)

2100NEWS ranking: 205, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 13.1 (Average for Ethereum-based Tokens: 15.9)

API3 is a token of API that drives a collaborative effort to create a new generation of blockchain-native, decentralized APIs, or dAPIs for short. dAPIs are composed of first-party oracles operated by API providers and thus are more secure and cost-efficient than alternative solutions that employ intermediaries. Staking the token will grant its holders full governing rights over the API3 DAO and all associated rewards. Staked API3 tokens will be used as collateral for the on-chain insurance service to provide quantifiable and trustless security guarantees to dAPI users.

 


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