Movers of the Day 23-Feb-2024
Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are Uniswap and COTI which has surged 19.83% since 7 pm. Uniswap has increased by 0.20%.
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. 2100NEWS Indices ended between -0.39% and -2.81%. 2100NEWS Total Index (NWST1100) ended -1.60%. Bitcoin ended -1.36%, Ether ended -2.24%.
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.
COTI (COTI)
2100NEWS ranking: 242, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100 |
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 16.1 (Average for Coins: 15.1) |
Currency Of The Internet (COTI) is a decentralized payment platform that aims to become a payment mechanism for cryptocurrency users. It can instantly convert and transact digital assets through the Trustchain, a protocol developed by the COTI platform to replace third-party entities. In addition, COTI uses a blockless payment system based on a directed acyclic graph (DAG) to improve the protocol scalability. The COTI token is the cryptocurrency created to fuel the payment platform. It can be used on the Currency Of The Internet exchange mechanisms to pay for goods and services or earn fee discounts.
7:10 p.m. update: Top movers of the day are Uniswap and OriginTrail. Since 2 pm Uniswap has surged 54.68%, OriginTrail is 16.26% higher.
The crypto markets trended sideways. In the last 24 hours the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have decreased by 0.92%. 2100NEWS Total Index (NWST1100) is 1.13% lower. Similarly, Bitcoin has fallen by 1.13%, Ether by 1.39%.
Uniswap (UNI)
2100NEWS ranking: 18, Blue chip Ethereum-based Token, Index member: NWST1100, NWSL100, NWS30, NWSTo100, NWSET100 |
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 20.9 (Average for Blue chips: 23.6) |
Since its inception, the Uniswap Protocol (”Uniswap”) has served as trustless and highly decentralized financial infrastructure. Having proven product-market fit for highly decentralized financial infrastructure with a platform that has thrived independently, Uniswap is now particularly well-positioned for community-led growth, development, and self-sustainability. The introduction of UNI (ERC-20) serves this purpose, enabling shared community ownership and a vibrant, diverse, and dedicated governance system, which will actively guide the protocol towards the future.
Top Movers of the Day (at 2 a.m. update):
- Arcblock and SingularityNET: These cryptocurrencies have outperformed others with gains over the past 24 hours. SingularityNET has risen by 11.54% since the morning update.
Overview: Over the last 24 hours, the cryptocurrency market has demonstrated a pullback, retreating from recent highs. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has witnessed a substantial peak followed by a significant decline, indicating that the previous day’s momentum could not be sustained. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -1.25% to -2.57% 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 fallen by 1.42% in the last 24 hours. Bitcoin and Ether: Ether has experienced a sharper drop of 1.68%, while Bitcoin has faced a more moderate decrease of 1.05%, underscoring the broader market’s current cautious stance.
SingularityNET (AGIX)
2100NEWS ranking: 127, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100, NWSDM100 |
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 14.7 (Average for Tokens: 16.4) |
SingularityNET is the protocol specifically designed to solve these problems while opening the AI market to the entire world. SingularityNET enables AI-as-a-service on a permissionless platform so anyone can use AI services easily.
Top Movers of the Day (at 9 a.m. update):
- Arcblock and Amp: These cryptocurrencies have outperformed others with gains over the past 24 hours.
- Flare has risen by 12.58% since midnight.
Overview: Over the last 24 hours, the cryptocurrency market has continued considerable fluctuations, experiencing selling pressure after the previous day’s high, leading to a broader retreat across various cryptocurrency sectors.
- NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has witnessed a downward trend over the last 24 hours, characterized by a significant peak followed by a decline into the early morning hours.
- The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -1.21% to -2.37% 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 fallen by 1.67% in the last 24 hours.
- Bitcoin and Ether: Ether has seen a sharper decline of 1.90% compared to Bitcoin’s 1.65% fall.
Flare (FLR)
2100NEWS ranking: 94, Large-cap, Index member: NWST1100, NWSL100, NWSCo100, NWSDM100 |
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 9.6 (Average for Large-caps: 17.9) |
Flare is an EVM-based Layer 1 blockchain designed to allow developers to build interoperable applications with blockchains and the internet. Flare enables new use cases and monetization models by providing decentralized access to high-integrity data. Flare’s native interoperability protocols, the State Connector and the FTSO, are secured by the network itself, allowing it to reliably deliver data from a wide variety of off-chain sources in a decentralized way. The Flare Time Series Oracle delivers highly-decentralized price and data feeds to dapps on Flare without relying on centralized providers.
Arcblock (ABT)
2100NEWS ranking: 307, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300 |
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 10.1 (Average for Small caps: 10) |
Arcblock is a platform and an ecosystem for building and deploying decentralized blockchain applications. The platform goes beyond providing the necessary foundational components for using blockchain to power complex business rules. It connects your existing system to blockchain networks, enabling you to automate business processes using the data and identities associated with existing systems.
JasmyCoin (JASMY)
JasmyCoin is based on the ERC 20 standard. The Token can also be used by an unspecified number of individuals and businesses to transfer tokens using digital devices as proof of value exchange or payment for services. The Token can have a wide range of purposes by not limiting its usability.
2100NEWS ranking: 150, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100 |
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 15.2 (Average for Tokens: 16.4) |