Movers of the Day 12-Mar-2024

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

Top movers of the day are Amp and Vanar Chain which has surged 13.80% since 7 pm. Amp is 7.01% lower.

Although the cryptocurrencies came back in the evening, most of them finished the day in red. More established cryptocurrencies, colloquially known as the “Blue Chips” measured by 2100NEWS 30 Blue Chip Index (NWS30) ended -1.68%. The large caps represented by 2100NEWS 100 Large Cap Index (NWSL100) ended -0.57%. 2100NEWS Total Index (NWST1100) ended -1.50%. Bitcoin ended -1.75%, Ether ended -2.76%.

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 7:10 p.m. Therefore, it may not accurately represent the current market conditions at the time of your inquiry.

Vanar Chain (VANRY)

Vanar is an L1 blockchain designed for real world adoption, based on our years of experience working with games, entertainment and brands. Vanar incorporates a series of products, including gaming, metaverse, AI, and brand solutions. Our products include Virtua Metaverse and the VGN games network. The VANRY token powers Vanar.

7:10 p.m. update: Top movers of the day are BENQI and Onyxcoin. Since 2 pm BENQI has surged 15.60%, Onyxcoin has increased by 2.67%. Amp is 0.46% higher.

In the afternoon the crypto markets turned down as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. Since 2 pm the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have decreased by 0.89%. 2100NEWS Total Index (NWST1100) is 1.71% lower. Bitcoin has fallen by 2.07%, Ether even by 2.16%.

BENQI (QI)

BENQI is a suite of decentralized finance protocols built on Avalanche. It consists of the BENQI Markets, BENQI Liquid Staking and Ignite. BENQI Markets enables users to effortlessly lend, borrow, and earn interest with their digital assets. Depositors providing liquidity to the protocol make yield, while borrowers can borrow in an over-collateralized manner. BENQI Liquid Staking is an Avalanche liquid staking solution that tokenizes staked AVAX. By tokenizing AVAX through liquid staking, users can use, swap, or collateralize the yield-bearing asset within Decentralized Finance applications.

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

• Amp and 0x Reef: These cryptocurrencies have outperformed others with gains over the past 24 hours.
• Vanar Chain has surged by 24.81% since the morning update.

Overview: The cryptocurrency market has remained stable 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 reflected the overall market trend. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -0.28% to -1.54% 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 slightly increased by 0.10% in the last 24 hours. Bitcoin and Ether: Bitcoin has seen a slightl increase of 0.24%, while Ether has modestly fallen by 0.80%.

Vanar Chain (VANRY)

Vanar is an L1 blockchain designed for real world adoption, based on our years of experience working with games, entertainment and brands. Vanar incorporates a series of products, including gaming, metaverse, AI, and brand solutions. Our products include Virtua Metaverse and the VGN games network. The VANRY token powers Vanar.

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

• Amp and Onyxcoin: These cryptocurrencies have outperformed others with gains over the past 24 hours. Amp has soared 116.79% since midnight.

Overview: Over the last 24 hours, the cryptocurrency market has consolidated after a leap yesterday.

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 risen by 1.43% in the last 24 hours.
3. Bitcoin and Ether: Bitcoin has surged by 1.53%, outpacing Ether’s modest rise of 0.69%.

Amp (AMP)

Amp is the new digital collateral token offering instant, verifiable assurances for any kind of value transfer. Using Amp, networks like Flexa can quickly and irreversibly secure transactions for various asset-related use cases. Amp claims to offer a straightforward but versatile interface for verifiable collateralization through a system of collateral partitions and collateral managers. Where collateral partitions can be designated to collateralize any account, application, or even transaction and carry balances directly verifiable on the Ethereum blockchain, collateral managers are smart contracts that can lock, release, and redirect collateral in these partitions as needed to support value transfer activities. Amp supports a wide variety of use cases for collateralization and also introduces the concept of predefined partition strategies, which can enable special capabilities such as collateral models through which tokens can be staked without ever leaving their original address.

Celo (CELO)

The Celo protocol is a platform on which the community can create stabilized value digital assets. These digital assets aim to track the value of an existing real-world asset (for example, the first one, cUSD, tracks the US Dollar). The Celo protocol also includes mechanisms for lightweight identity and ultralight mobile validation. The platform aims to make the assets built on the protocol easy to use with a mobile device.