Movers of the Day 19-May-2024

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

Top movers of the day are Cream Finance and Harvest Finance. Since morning Cream Finance has surged 52.20%, Harvest Finance is 21.87% higher.

During the day the crypto markets were going down and finished finished in red. Today’s crypto market movement is 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 -1.08% and -3.94%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization ended -1.53%. Bitcoin ended -0.94%, Ether ended -1.50%.

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.

Cream Finance (CREAM)

C.R.E.A.M. Finance is a decentralized lending protocol for individuals and protocols to access financial services. The protocol is permissionless, transparent, and non-custodial. Currently, C.R.E.A.M. is live on Ethereum, Binance Smart Chain, and Fantom. C.R.E.A.M. Finance’s smart contract money markets are focused on longtail assets — with the goal of increasing capital efficiency for all assets in crypto markets. Users can lend any supported assets on our markets and use the provided capital as collateral to borrow another supported asset.

Top movers of the day are Marlin and Tellor. Since midnight Marlin has surged 15.44%, Tellor has increased by 5.67%. Bonk is 4.76% higher.

Most cryptocurrencies started out lower. Since midnight the large caps (the cryptocurrencies with market cap from $200 million to $50 billion) measured by 2100NEWS 100 Large Cap Index (NWSL100) have decreased by 0.04%. Moreover, the small caps (the cryptocurrencies with market cap from $3 million to $15 million) represented by 2100NEWS 300 SmallCap Index (NWSS300) have fallen by 0.58%. Ether has decreased by 0.23% while Bitcoin has increased by 0.15%.

Marlin (POND)

Marlin is an open protocol that provides high-performance programmable DeFi and Web 3.0 network infrastructure. The nodes in the Marlin network, called Metanodes, operate the MarlinVM, which provides a virtual router interface for developers to deploy customized overlays and perform edge computations.

Tellor (TRB)

Tellor is a decentralized Oracle for bringing high-value off-chain data onto Ethereum. The system utilizes a network of staked miners that compete to solve a PoW challenge to submit the official value for requested data. Tokens are mined with every successful Tellor data point, and the company takes a 10% dev share to support the development of the ecosystem.

Bonk (BONK)

BONK is the first dog-themed coin on Solana “for the people, by the people,” with 50% of the total supply of the cryptocurrency airdropped to the Solana community. BONK is similar to Shiba Inu (SHIB) and Dogecoin (DOGE) meme coin; it was launched on December 25, 2022, and led to an increase in the price of the SOL token (a rise of 34% in 48 hours). Trading began on December 30, 2022, arousing genuine interest from the crypto community. The team’s primary goal is to bring back liquidity to Solana-based decentralized exchanges (DEXs). The idea of the developers was to create a full-fledged community coin that would be used across all the dApps built on Solana, and each user would have the opportunity to become part of the ecosystem “where everyone gets a fair shot.”