Movers of the Day 25-Feb-2024

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

Top movers of the day are Verge and Nervos Network. Since morning Verge has surged 39.62%, Nervos Network has increased by 24.73%.

Led by Ether, the crypto markets finished the day higher as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS Indices which measure the performance of different groups of tokens and coins ended between +0.30% and +2.27%. Our main 2100NEWS Total Index (NWST1100) ended +1.10%. Bitcoin ended +0.25%, Ether ended +3.71%.

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.

Verge (XVG)

Verge is a cryptocurrency designed for people and everyday use. It improves upon the original Bitcoin blockchain and aims to fulfill its initial purpose of providing individuals and businesses with a fast, efficient, and decentralized way of making direct transactions while maintaining your privacy.

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.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.

Top movers of the day are COTI and Arkham. Since midnight COTI has surged 24.10%, Arkham is 18.45% higher. Nervos Network has increased by 11.40%.

Most cryptocurrencies moved higher this morning. Since midnight the mid caps (the cryptocurrencies with market cap from $15 million to $70 million) measured by 2100NEWS 200 Mid Cap Index (NWSM200) have increased by 0.42%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 0.37% higher. Bitcoin has increased by 0.31%, Ether even by 1.39%.

COTI (COTI)

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.

Arkham (ARKM)

Arkham is a blockchain analysis platform that uses artificial intelligence (AI) to deanonymize the blockchain and on-chain data. The platform’s two main components are the Analytics Platform and Intel Exchange. The Analytics Platform covers analytics on various entities, exchanges, funds, whales and tokens. For instance, you can check the portfolio holdings, transaction history, exchange flows, network relationships and other on-chain analytics. The Intel Exchange allows anyone to buy and sell address labels and other intelligence, either through bounties, auctions or the DATA Program.