Movers of the Day 26-Jan-2024

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

Top movers of the day are Maverick Protocol and Conflux. Since 7 pm Maverick Protocol has increased by 4.06%, Conflux by 3.98%.

The crypto markets finished the day in green as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS Indices ended between +2.98% and +5.99%. 2100NEWS Total Index (NWST1100) ended +4.13%. Bitcoin ended +4.87%, Ether ended +2.06%.

 

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.

 

MAV

Maverick Protocol (MAV)

2100NEWS ranking: 206, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 15.5 (Average for Mid-caps: 13.5)

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 Conflux and SATS which has increased by 7.16% since 2 pm. Conflux is 5.28% higher.

In the afternoon the crypto markets were still up. Since 2 pm 2100NEWS Indices have increased up to 2.09%. 2100NEWS Total Index (NWST1100) is 1.53% higher. Bitcoin has increased by 1.87%, Ether by 0.98%.

 

1000SATS

SATS (1000SATS)

2100NEWS ranking: 56, Large-cap , Index member: NWST1100, NWSL100, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 18.7 (Average for Large-caps: 17.9)

SATS is a BRC-20 token that pays homage to satoshi. SATS is the abbreviation for satoshi, the smallest unit of Bitcoin. One satoshi equals to 0.00000001 BTC. Please note that the token is a meme token and is inscribed by an anonymous team. 1000SATS is 1000 times of SATS.

 

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

  • Tellor and SATS: These cryptocurrencies have outperformed others with significant gains over the past 24 hours. SATS has risen by 15.17% since the morning update.

Overview: After consolidation, the crypto market steadily climbed throughout the early hours and saw a significant jump around 11 a.m. 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 gains ranging from 1.87% to 3.66% 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 reflected this positive trend, showcasing a notable rise of 3.03% in the last 24 hours. Bitcoin and Ether: Bitcoin registered a robust surge of 3.19%, and Ether followed with a substantial 1.66% gain in the same time frame.

 

TRB

Tellor (TRB)

2100NEWS ranking: 157, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 12 (Average for Ethereum-based Tokens: 16.3)

Tellor is a decentralized Oracle for bringing high-value off-chain data onto Ethereum. The system utilizes a network of staked miners that compete to solve a PoW challenge to submit the official value for requested data. Tokens are mined with every successful Tellor data point, and the company takes a 10% dev share to support the development of the ecosystem.

 

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

  • UMA and Dusk: These cryptocurrencies have outperformed others with significant gains over the past 24 hours. Dusk has risen by 12.14% since midnight.

Overview: The crypto market has decreased.

  1. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has mirrored the overall market.
  2. 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 decreased by 0.41% in the last 24 hours.
  3. Bitcoin and Ether: Bitcoin has shown a modest decrease of 0.41%, while Ether has encountered a decline of 1.18% in the same time frame.

 

DUSK

Dusk Network (DUSK)

2100NEWS ranking: 315, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade:  Good, Score: 15 (Average for Small caps: 9.9)

Dusk Network is a cryptographically transparent digital ledger. A high-throughput and scalable permissionless blockchain provides confidential proof of ownership, compliance, and funds. It satisfies global privacy requirements yet enables public and regulator audits.

 

UMA

UMA (UMA)

2100NEWS ranking: 199, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade:  Ordinary, Score: 15.9 (Average for Ethereum-based Tokens: 15.7)

UMA is designed to power the financial innovations made possible by permissionless, public blockchains like Ethereum. UMA defines an open-source protocol that allows any two counterparties to design and create their own financial contracts using fiat financial derivatives concepts. But unlike traditional derivatives, UMA contracts are secured with economic incentives alone, making them self-enforcing and universally accessible.

 


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