Movers of the Day 22-Jan-2024

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

Top movers of the day are Maverick Protocol and UMA which has increased by 8.03% since 7 pm. Maverick Protocol is 3.34% higher.

The crypto markets 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. 2100NEWS Indices ended between -4.64% and -6.30%. 2100NEWS Total Index (NWST1100) ended -4.92%. Bitcoin ended -4.31%, Ether ended -5.80%.

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.

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).

7:10 p.m. update: Top movers of the day are Amp and Maverick Protocol. Since 2 pm Amp has increased by 8.80%, Maverick Protocol by 4.25%.

In the afternoon the crypto markets made another step down. Since 2 pm the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have fallen by 0.55%. 2100NEWS Total Index (NWST1100) is 0.37% lower. Similarly, Bitcoin has decreased by 0.38%, Ether only by 0.01%.

Amp (AMP)

Amp is the new digital collateral token offering instant, verifiable assurances for any kind of value transfer. Using Amp, networks like Flexa can quickly and irreversibly secure transactions for various asset-related use cases. Amp claims to offer a straightforward but versatile interface for verifiable collateralization through a system of collateral partitions and collateral managers. Where collateral partitions can be designated to collateralize any account, application, or even transaction and carry balances directly verifiable on the Ethereum blockchain, collateral managers are smart contracts that can lock, release, and redirect collateral in these partitions as needed to support value transfer activities. Amp supports a wide variety of use cases for collateralization and also introduces the concept of predefined partition strategies, which can enable special capabilities such as collateral models through which tokens can be staked without ever leaving their original address.

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

• Cartesi and Axelar: These cryptocurrencies have outperformed others with gains over the past 24 hours. Cartesi has risen 14.02% since the morning update.

Overview: The crypto market has shown a gradual decline with some fluctuations; the pattern suggests a bearish trend with selling pressure. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has mirrored the overall market trend. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -0.79% to -2.07% 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 dropped by 2.59% in the last 24 hours. Bitcoin and Ether have also been affected by the market slump. Bitcoin has seen a 2.12% fall, while Ether has experienced a more significant 3.88% plunge during the same period.

Cartesi (CTSI)

Cartesi is building an operating system for dApps. The project enables complex and intensive computations to run in a Linux environment outside the blockchain without compromising decentralization. Cartesi aims to make dApps significantly more powerful, cost-effective, more accessible to develop, and portable. The goal is to bring mainstream productivity to developers and a satisfying experience for users.

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

• Cartesi and tomiNet: These cryptocurrencies have outperformed others with significant gains over the past 24 hours.
• Loopring has risen 12.35% since midnight.

Overview: After relative stability, the crypto market began to decline steadily, with a more significant drop occurring in the early morning hours. This pattern suggests a sell-off in the market.

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 losses ranging from -1.41% to -2.40% 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 dropped by 1.90% in the last 24 hours.
4. Bitcoin and Ether have followed this negative trend, with Bitcoin dropping by 1.51% and Ether by 2.11%, underscoring the current bearish market conditions in the same timeframe.

Loopring (LRC)

Loopring is a protocol for building decentralized exchanges. Besides the protocol smart contracts, Loopring offers open-sourced software to help you build decentralized exchanges. Loopring provides higher liquidity and better prices by matching orders in the form of order-rings. Each ring may consist of 2 to 16 orders, and tokens will be transferred atomically in a circular way during ring settlement. Loopring is designed to provide matching-as-a-service. Its orders are unidirectional and do not differentiate takers and makers. Loopring’s order ring is a generalized model of trading pair; it enables a built-in mechanism for performing arbitrage.

MobileCoin (MOB)

MobileCoin is an encrypted-focused cryptocurrency designed for use in everyday transactions. MobileCoin addresses four fundamental issues: Security, Transaction Speed, Energy Consumption, and Optimization for Mobile devices. No one except the sender and receiver can see the transaction details, and the public blockchain is encrypted to ensure security. MobileCoin is an unrivaled cryptocurrency designed to be fast and secure enough for mobile transactions.