Movers of the Day 30-Jan-2024

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

Top movers of the day are Nervos Network and DeFiChain which has increased by 7.45% since 7 pm.

Most crypto currencies 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. The non-Ethereum tokens represented by 2100NEWS NonEthereum Based Index (NWSOT50) ended +1.13%. 2100NEWS Total Index (NWST1100) ended +0.65%. Bitcoin ended +0.55%, Ether ended +2.40%.

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.

DeFiChain (DFI)

DeFiChain is a blockchain platform built with the mission of maximizing the full potential of DeFi within the Bitcoin (BTC) ecosystem. The software platform is supported by a distributed network of computers and is designed to facilitate fast and transparent transactions. The development team positions DeFiChain as an innovative blockchain project and offers solutions to problems like scalability, security and decentralization. The project was launched in the fall of 2019 with the aim of offering financial services that commercial banks typically provide (borrowing, lending, investing, keeping funds). Yet there is a key difference between DeFiChain and a banking network: DeFiChain is a decentralized platform. This provides a number of advantages: authorities and entities cannot control the network and anyone has the right to participate in the launch of the network protocol. All actions support the entire network and participants in the process receive DFI tokens.

7:10 p.m. update: Top movers of the day are Nervos Network and Maverick Protocol which has increased by 13.42% since 2 pm. Nervos Network is 4.00% higher.

In the afternoon the crypto markets were going up again. Since 2 pm 2100NEWS Indices which measure the performance of different groups of tokens and coins have increased up to 1.90%. 2100NEWS Total Index (NWST1100) is 0.81% higher. Bitcoin has increased by 0.11%, Ether even by 2.80%.

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):

• Bittensor and Nervos Network: These cryptocurrencies have outperformed others with gains over the past 24 hours. Nervos Network has surged by 19.48% since the morning update.

Overview: The crypto market has consolidated after substantial gains. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has mirrored the overall market. 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 soared 2.76% in the last 24 hours. Bitcoin and Ether: Bitcoin has soared by 3.01%, while Ether has surged by 2.16% over the same period.

Nervos Network (CKB)

The Nervos Network is an open-source, public blockchain ecosystem and collection of protocols solving the biggest challenges facing blockchains like Bitcoin and Ethereum today. The Nervos CKB (Common Knowledge Base) is layer 1, proof of work public blockchain protocol of the Nervos Network. It allows any crypto-asset to be stored with Bitcoin’s security, immutability, and permissionless nature while enabling smart contracts and layer 2 scalings. It captures the total network value through its “store of value” crypto-economic design and native token, the CKByte.

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

• Bittensor and FC Barcelona Fan Token: These cryptocurrencies have outperformed others with gains over the past 24 hours. FC Barcelona Fan Token has surged by 19.02% since midnight.

Overview: The crypto market has demonstrated a strong performance, marked by substantial gains and a trend toward stabilization. This across-the-board recovery highlights a robust and optimistic market outlook in the short term, signaling sustained investor interest and a potentially healthy market environment.

1. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has maintained its upward momentum, as evidenced by the significant rise in the late afternoon of the previous day.
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 soared 2.91% in the last 24 hours.
3. Bitcoin and Ether registered impressive gains. Bitcoin has ascended by 3.13%, while Ether has also enjoyed a rise of 2.23% over the same period.

FC Barcelona Fan Token (BAR)

FC Barcelona Fan Token is the fan token on Socios – a new app for football fans, where you acquire voting rights to influence the clubs you love. Every club that joins Socios.com generates a supply of Fan Tokens, blockchain-secured digital assets that give you the right to vote on club matters. When you own Fan Tokens, you join a pool of supporters with absolute collective decision-making power. As well as voting rights, Fan Tokens serve as your ‘membership card’ to access rewards, merchandise & experiences, including leaderboards, games, and much more.

Bittensor (TAO)

Bittensor is an open-source protocol that powers a decentralized, blockchain-based machine-learning network. Machine learning models train collaboratively and are rewarded in TAO according to the informational value they offer the collective. TAO also grants external access, allowing users to extract information from the network while tuning its activities to their needs. Ultimately, our vision is to create a pure market for artificial intelligence, an incentivized arena in which consumers and producers of this valuable commodity can interact in a trustless, open, and transparent context. Bittensor enables a novel, optimized strategy for developing and distributing artificial intelligence technology by leveraging the possibilities of a distributed ledger. Specifically, it facilitates open access/ownership, decentralized governance, and the ability to harness globally distributed computing power resources and innovation within an incentivized framework. An open-source repository of machine intelligence, accessible to anyone, anywhere, thus creating the conditions for open and permission-less innovation on a global internet scale; Distribution of rewards and network ownership to users in direct proportion to the value they have added.