Movers of the Day 28-Jan-2024

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

Top movers of the day are MAP Protocol and Multichain. Since morning MAP Protocol has surged 21.38%, Multichain is 3.08% higher.

The crypto markets finished the day lower as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. The large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) ended -0.84%. Our main 2100NEWS Total Index (NWST1100) ended -0.88%. Bitcoin ended -0.80%, Ether ended -0.78%.

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.

MAP Protocol (MAP)

MAP Protocol is an open, fully decentralized, chain-to-chain interoperation protocol that enables the interoperability of multiple independently verifiable consensus blockchains without a relay chain. MAP Protocol expects to construct a future inter-chain-net, which is interoperable and chain-to-chain based. The ecosystem built on MAP Protocol can provide a solid infrastructure for DeFi, DEX, AI, IoT, traceability, and governance filed by cross-chain communication, privacy computation, shared storage, etc.

Top movers of the day are Multichain and BENQI. Since midnight Multichain has surged 16.55%, BENQI has increased by 8.96%. API3 is 4.16% higher.

The crypto markets moved higher this morning. Since midnight 2100NEWS Indices which measure the performance of different groups of tokens and coins have increased up to 0.96%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 0.61% higher. Bitcoin has increased by 0.57%, Ether by 0.76%.

API3 (API3)

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.

Multichain (MULTI)

Multichain is the ultimate Router for web3. It is an infrastructure developed for arbitrary cross-chain interactions. Multichain was born as Anyswap on the 20th of July 2020 to serve the clear needs of different and diverse blockchains to communicate with each other. Each blockchain has unique services that it provides, its own community, and its development ecosystem.

BENQI (QI)

BENQI is a suite of decentralized finance protocols built on Avalanche. It consists of the BENQI Markets, BENQI Liquid Staking and Ignite. BENQI Markets enables users to effortlessly lend, borrow, and earn interest with their digital assets. Depositors providing liquidity to the protocol make yield, while borrowers can borrow in an over-collateralized manner. BENQI Liquid Staking is an Avalanche liquid staking solution that tokenizes staked AVAX. By tokenizing AVAX through liquid staking, users can use, swap, or collateralize the yield-bearing asset within Decentralized Finance applications.