Movers of the Day 12-Feb-2024

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

Top movers of the day are Secret Network and ATOR Protocol which has surged 20.74% since 7 pm. Secret Network has increased by 1.50%.

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 +2.31% and +4.48%. 2100NEWS Total Index (NWST1100) ended +4.03%. Bitcoin ended +3.85%, Ether ended +6.19%.

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.

ATOR Protocol (ATOR)

ATOR empowers decentralized internet relay operators through on-chain recognition rewards, and facilitates wider provision of open and anonymous protocols through our hardware.

7:10 p.m. update: Top movers of the day are Secret Network and Multibit. Since 2 pm Secret Network has surged 22.12%, Multibit is 18.64% higher.

In the afternoon the crypto markets went up significantly. Since 2 pm 2100NEWS Indices have increased up to 4.82%. 2100NEWS Total Index (NWST1100) is 4.06% higher. Bitcoin has increased by 3.97%, Ether by 4.81%.

Secret (SCRT)

Secret Network is the first blockchain with privacy-preserving smart contracts. That means applications built on Secret can utilize encrypted data without revealing it to anyone, even the nodes in the network. For the first time, Secret Network allows developers to build powerful, permissionless, privacy-preserving applications – Secret Apps.

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

• Centrifuge and API3: These cryptocurrencies have outperformed others with gains over the past 24 hours. UMA has risen by 17.12% since the morning update.

Overview: Over the last 24 hours, the cryptocurrency market has experienced a slight retraction with the cautious sentiment that can often follow strong market rallies, with investors potentially taking profits and reassessing their positions in anticipation of the market’s next moves. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has mirrored the market’s consolidative behavior, hinting at a breather following a spell of bullish activity. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -0.41% to -1.47% 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 retraced by 0.61% in the last 24 hours. Bitcoin and Ether: Bitcoin has dipped by 0.72%, while Ether has recorded a more pronounced fall of 1.48%.

UMA (UMA)

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.

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

• Powerledger and API3: These cryptocurrencies have outperformed others with gains over the past 24 hours. API3  has risen by 16.65% since midnight.

Overview: Over the last 24 hours, the cryptocurrency market has experienced a pullback after substantial gains.

1. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index mirrored overall retracement, sharply declining in the early morning after a period of volatility. This suggests a potential sell-off as investors may be taking profits following the recent gains.
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 retraced by 0.71% in the last 24 hours. This slight retraction could indicate market consolidation after a bullish period.
3. Bitcoin and Ether: Bitcoin showed resilience with a slight increase of 0.16%, while Ether experienced a more notable decline, falling by 0.96%.

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.

Powerledger (POWR)

Power Ledger, based in Australia, encourages us to imagine a world where electricity is dependable, affordable, and clean for everyone. Powered by contracts on the Ethereum network, the peer-to-peer energy exchange platform, their most mature platform, aims to democratize energy trading with transparent systems that allow individuals and communities to select their power source. POWR is the utility token that users would escrow to use the platform in their dual token model, while Sparkz represents electricity credits tied to local fiat for marketplace participants. Both are used to create part of an economy where households that generate electricity can trade with their neighbors for a fair return.