Movers of the Day 1-Aug-2024

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

Top movers of the day are Convex Finance and Nakamoto Games. Since 7 pm Convex Finance has increased by 4.07%, the token of Nakamoto Games is 7.88% higher. XYo has increased by 3.20%.

The crypto markets finished the day in red as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS Indices ended between -0.53% and -3.55%. Our main 2100NEWS Total Index (NWST1100) ended -1.20%. Bitcoin ended -0.07%, Ether ended -1.85%.

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.

Nakamoto Games (NAKA)

2100NEWS ranking: 364, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300

2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 7.8 (Average for Small caps: 10.3)

Nakamoto Games is a play-to-earn gaming platform offering multiple fun and addictive crypto games. The platform will bring massive earning opportunities to both gamers and non-gamers as we expect crypto gaming will continue to grow.

7:10 p.m. update: Top movers of the day are Electroneum and  AIOZ Network. Since 2 pm Electroneum has increased by 2.15%, AIOZ Network is 0.33% higher.

In the afternoon the crypto markets went down again. Since 2 pm 2100NEWS Indices which measure the performance of different groups of tokens and coins have fallen between 2.67% and 4.13%. Our main 2100NEWS Total Index (NWST1100) is 3.00% lower. Bitcoin has fallen by 2.71%, Ether by 2.58%.

Electroneum (ETN)

Electroneum is a Layer 1 EVM-compatible blockchain, catering to 4+ million users worldwide. The network boasts transaction speeds of just 5 seconds with instant finality and potentially the lowest smart contract fees available. Powered by the IBFT consensus mechanism and supported by known validators (targeting universities and Web3 infrastructure companies), the network is incredibly fast, secure and energy efficient. ETN provides the backbone for AnyTask.com a successful freelance platform in the crypto space.

2:10 p.m. update: Top movers of the day are XYO and Convex Finance. Since 9 am XYO has increased by 11.44%, Convex Finance by 9.34%.

The crypto markets stopped falling. In the last 24 hours the mid caps (the cryptocurrencies with market cap from $15 million to $70 million) represented by 2100NEWS 200 Mid Cap Index (NWSM200) have fallen by 3.46%. Moreover, the small caps (the cryptocurrencies with market cap from $3 million to $15 million) hav dropped by 4.08%. Bitcoin has fallen by 2.17%, Ether even by 3.95%.

XYO (XYO)

XYO is a decentralized data oracle that can validate data from multiple sources without requiring a trusted relationship. XYO means you can keep a permanent record of invaluable data between two devices, even if owned and controlled independently, whether it’s a photo of your dog or the temperature in a shipping truck. Use XYO to establish the validity of your data or the data of others, and join us in our movement to transform industries and everyday life with our technology.

Top movers of the day are Aleph Zero and Electroneum. Since midnight Aleph Zero has increased by 6.48%, Electroneum is 4.13% higher.

The crypto markets started out lower this morning. 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 fallen by 2.01%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 1.51% lower. Bitcoin has fallen by 1.00%, Ether by 1.99%.

Aleph Zero (AZERO)

Aleph Zero is a layer 1 blockchain platform based on a novel, peer-reviewed consensus protocol, AlephBFT. The consensus utilizes a Directed Acyclic Graph architecture as an intermediary data structure, resulting in a rapid time to finality. In the end, however, Aleph Zero is still a blockchain—not a DAG. The consensus is integrated into Substrate, an open framework built by Parity and the Polkadot developer community—however, it doesn’t make Aleph Zero a parachain, but rather an independent Layer 1.

Decred (DCR)

Decred is a self-funding cryptocurrency with a system of community-based governance integrated into its blockchain. Decred iterates on Bitcoin by employing an innovative hybrid Proof-of-Work (PoW)/Proof-of-Stake (PoS) system and the Politeia governance platform to solve the issues of centralization, funding, and governance. In Decred’s hybrid system, PoW acts similarly to Bitcoin, but miners only receive 60% of the block reward. Thirty percent of the Decred block reward goes to PoS voters who quality control the miners’ work, reducing the miners’ power, emphasizing the coin holders’ hands, and securing the network. The final 10% block reward goes into the Treasury to fund development and operations. The self-funding element ensures that Decred is sustainable over the long term.