Movers of the Day 8-Mar-2024

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

Top movers of the day are FLOKI and Livepeer which has surged 20.26% since 7 pm. FLOKI has stayed on the same level.

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 ended between +0.48% and +2.94%. 2100NEWS Total Index (NWST1100) ended +1.55%. Bitcoin ended at $68,309 (+1.79%), Ether ended at $3,888.6 (+0.85%).

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.

Livepeer (LPT)

Livepeer is a video infrastructure network for live and on-demand streaming. It is designed to give developers the freedom to innovate, creators autonomy from platforms, and viewers a choice in their experience.

7:10 p.m. update: Top movers of the day are FLOKI and AirSwap which has surged 31.05% since 2 pm. FLOKI is 17.86% higher. AIOZ Network has increased by 5.75%.

In the afternoon the movement of the crypto markets was quite dynamic. The most important news is definitely Bitcoin, which reached $70,000, followed by other cryptocurrencies. In the last 24 hours 2100NEWS Indices have increased up to 3.17%. 2100NEWS Total Index (NWST1100) has gained 1.95%. Ether is 2.50% higher.

AirSwap (AST)

AirSwap is a decentralized token exchange based on the Swap protocol whitepaper. Swap provides a decentralized trading solution based on a peer-to-peer design. The design solves two problems encountered in a peer-to-peer trading environment: counterparty discovery and pricing suggestions. AirSwap core services include a searchable index of traders with “intent to trade” and a pricing oracle. For those looking to trade ERC20 tokens, the Index will be a destination to advertise that you’d like to trade and to search for others looking to trade. Once matched, traders connect and interact directly. To assist with the pricing process, the Oracle provides pricing suggestions, generated from multiple data sources. Once agreed on the price, one trader makes an order and the second takes and submits the order to an Ethereum smart contract for settlement.

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

• Tribe and FLOKI : These cryptocurrencies have outperformed others with gains over the past 24 hours. Tribe has soared 26.63% since the morning update.

Overview: The cryptocurrency market has surged over the last 24 hours. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has reflectd the overall market trend. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.99% to 3.60% 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 surged by 2.96% in the last 24 hours. Bitcoin and Ether: Ether has soared by 4.64%, outpacing Bitcoin’s rise of 1.41%.

Tribe (TRIBE)

Tribe is the governance token for the FEI algorithmic stablecoin. Fei aims to provide a new decentralized solution to the stablecoin market. Existing stablecoins are either fiat-collateralized and, therefore, centralized or crypto-collateralized, making them capital-inefficient. Other algorithmic stablecoins suffer from no liquidity backing the peg, making them inherently unstable or centralize rewards to seigniorage stakeholders. FEI proposes a model similar in design to fractional reserve central banking, where the protocol issues FEI for a subsidized price against ETH at its genesis event and subsequently uses the incurred Ether as a treasury to maintain the peg.

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

• AIOZ Network and THORChain: These cryptocurrencies have outperformed others with gains over the past 24 hours.
• FLOKI has surged by 28.12% since midnight.

Overview: The cryptocurrency market has trended sideways.

1. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has mirrored the overall market sentiment.
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 surged by 2.54% in the last 24 hours.
3. Bitcoin and Ether: Ether has soared by 3.36%, outpacing Bitcoin’s rise of 1.54%.

FLOKI (FLOKI)

Floki is the people’s cryptocurrency and the utility token of the Floki Ecosystem. It is a cryptocurrency birthed by fans and members of the Shiba Inu (SHIB) community and is inspired by (and named after) Elon Musk’s Shiba Inu. Floki Inu wants to differentiate itself from other meme coins by combining memes with utility. The team’s long-term vision is to create an autonomous and decentralized ecosystem, including strategic partnerships, building utility on the token, and developing use cases for the Floki Inu brand through NFTs, games, and decentralized finance features.