Movers of the Day 20-Jul-2024
Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are Non-Playable Coin and LayerZero which has surged 27.94% since morning. Non-Playable Coin is 24.66% higher. cat in a dogs world has increased by 10.92%.
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 +0.21% and +1.51%. Our main 2100NEWS Total Index (NWST1100) ended +0.49%. Bitcoin ended +0.26%, Ether ended +0.07%.
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.
LayerZero (ZRO)
| 2100NEWS ranking: 109, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 15.4 (Average for Tokens: 16) |
LayerZero is an omnichain interoperability protocol that supports censorship-resistant messages and permissionless development through immutable smart contracts called Endpoints. The protocol exists in perpetuity. Anyone can use it. No one can tamper with the data packets it moves between chains.
Top movers of the day are Alephium and Raydium. Since midnight Alephium has increased by 9.00%, Raydium even by 9.69%. Turbo is 3.51% higher.
The crypto markets started out at the same levels as they finished last night. In the last 24 hours the tokens built on Ethereum measured by 2100NEWS Ethereum Based Index (NWSET100) have increased by 3.24%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 3.45% higher. Bitcoin has increased by 3.80%, Ether by 1.92%.
Alephium (ALPH)
| 2100NEWS ranking: 414, Small cap , Index member: NWST1100, NWSS300 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 6 (Average for Small caps: 10.4) |
Alephium is a cutting-edge blockchain platform designed to support scalable and secure decentralized applications (dApps). It combines innovative sharding technology with a stateful UTXO (sUTXO) model to ensure efficient and scalable dApps. The platform employs Proof-of-Less-Work (PoLW), reducing energy consumption to 1/8th of Bitcoin’s requirements. Alephium also features a custom virtual machine, Alphred, enhancing the security and development experience while introducing trustless peer-to-peer smart contract transactions. Addressing key blockchain challenges—accessibility, scalability, and security—Alephium offers a robust, energy-efficient, and developer-friendly environment for real-world dApps.
Turbo (TURBO)
| 2100NEWS ranking: 231, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSDM100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 8.5 (Average for Mid-caps: 13.3) |
Turbo is a community-driven crypto adventure. Birthed from a wild idea: GPT-4 guided & the quest to create the next great memecoin.
Raydium (RAY)
| 2100NEWS ranking: 95, Large-cap Non-Ethereum-based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSOT50, NWSDM100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 16.5 (Average for Large-caps: 18) |
Raydium is an automated market maker (AMM) platform built on Solana, where users can swap, trade, and provide liquidity to earn a yield on digital assets. However, unlike other AMM platforms, Raydium’s AMM provides on-chain liquidity to Serum’s central limit order book, meaning that Raydium’s users and liquidity pools have access to the order flow and liquidity of the entire Serum ecosystem and vice versa.
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