Movers of the Day 16-Jan-2024

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

Top movers of the day are Bounce Token and Maverick Protocol. Since 7 pm Bounce Token has increased by 1.91%, Maverick Protocol by 1.99%.

In the evening the crypto markets went up and finished the day in green. Today’s crypto market movement is illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS Indices ended between +1.32% and +2.88%. 2100NEWS Total Index (NWST1100) ended +1.95%. Bitcoin ended +1.51%, Ether ended +3.34%.

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.

Bounce Token (AUCTION)

Bounce is a decentralized auction platform incorporating liquidity mining, decentralized governance, and staking mechanisms. The first principle of Bounce is a scarcity of resources, which creates a competitive swap environment. The idea of “swap” originated from Uniswap, where infinite liquidity is provided for participants. While this concept is excellent, Bounce focuses on the opposite scenario instead. Bounce offers a competitive environment for a limited supply of tokens or other assets like NFTs. The assets can be auctioned off in various ways, such as Token sales. Various types of auctions where a limited amount of tokens are auctioned off with different auction principles and time limits, such as fixed price (fixed swap auction), decreasing price (Dutch auction), or hidden price (sealed-bid auction) NFT auctions NFTs are auctioned off with similar auction principles as token sales. However, there are usually fewer NFTs (or only a unique piece) for sale.

7:10 p.m. update: Top movers of the day are Bounce Token and Maverick Protocol which has increased by 5.56% since 2 pm. Similarly, Bounce Token is 5.37% higher.

The crypto markets trended sideways. In the last 24 hours the tokens built on Ethereum measured by 2100NEWS Ethereum Based Index (NWSET100) have increased by 1.09%. 2100NEWS Total Index (NWST1100) is 0.86% higher. Bitcoin has increased by 0.82%, Ether even by 1.27%.

Maverick Protocol (MAV)

Maverick Protocol is a new infrastructure for decentralized finance, built to facilitate the most liquid markets for traders, liquidity providers, DAO treasuries, and developers, powered by a revolutionary Automated Market Maker (AMM).

Top Movers of the Day (at 2 p.m. update):

• Multibit and Bounce Token: These cryptocurrencies have showcased remarkable growth over the past 24 hours. Bounce Token has risen by 18.41% since the morning update.

Overview: The crypto market has had a period of recovery and positive momentum in the past 24 hours.  NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has reflected the overall market trend. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.48% to 1.62% since midnight. 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 risen modestly by 0.75% in the last 24 hours. Bitcoin and Ether: Ether exhibited a minor increase of 0.09%, while Bitcoin experienced a more significant rise of 1.05% over the 24 hours.

Bounce Token (AUCTION)

Top Movers of the Day (at 9 a.m. update):

• Multibit and Klaytn: These cryptocurrencies have grown over the past 24 hours. Klaytn has surged by 24.69% since midnight.

Overview: The crypto market has trended sideways. There appears to be an underlying trend of stabilization and moderate growth in the past 24 hours.

1. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has reflected the overall market trend.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.12% to 1.29% since midnight.
3. 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 slightly increased by 0.22% in the last 24 hours.
4. Bitcoin and Ether: Bitcoin exhibited a minor increase of 0.14%, while Ether experienced a more significant rise of 0.61% over the 24 hours.

Klaytn (KLAY)

Klaytn is a public blockchain focused on the metaverse, gamefi, and the creator economy. Officially launched in June 2019, it is the dominant blockchain platform in South Korea and is now undergoing global business expansion from its international base in Singapore.

Flare (FLR)

Flare is an EVM-based Layer 1 blockchain designed to allow developers to build interoperable applications with blockchains and the internet. Flare enables new use cases and monetization models by providing decentralized access to high-integrity data. Flare’s native interoperability protocols, the State Connector and the FTSO are secured by the network itself, allowing it to reliably deliver data from a wide variety of off-chain sources in a decentralized way. The Flare Time Series Oracle delivers highly-decentralized price, and data feeds to dapps on Flare without relying on centralized providers.