Movers of the Day 3-Aug-2024
Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are Ultima and Sologenic. Since morning Ultima has increased by 10.53%, Sologenic by 9.22%.
During the day the crypto markets were going to finish deep 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 -2.46% and -6.35%. Our main 2100NEWS Total Index (NWST1100) ended -3.17%. Bitcoin ended -2.25%, Ether ended -3.07%.
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.
Ultima (ULTIMA)
| 2100NEWS ranking: 459, Small cap , Index member: NWST1100, NWSS300 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 5.8 (Average for Small caps: 10.3) |
ULTIMA is a powerful cryptocurrency ecosystem centered on the ULTIMA token. Our ecosystem unites a range of innovative products: modern crypto wallets, a unique crypto debit card, a crowdfunding platform, its own marketplace and more. A lot of our products are unique in the crypto market.Ultima’s mission is to create a flawless cryptocurrency product to transform the way people interact with cryptocurrency around the world and provide them with instant cross-border payments in crypto.
Sologenic (SOLO)
| 2100NEWS ranking: 479, Small cap Non-Ethereum-based Token, Index member: NWST1100, NWSS300 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 7.6 (Average for Small caps: 10.3) |
Sologenic is merging traditional finance with blockchain. The Sologenic ecosystem aims to make it effortless for crypto investors to exchange assets and invest in different conventional financial instruments. The ecosystem aims to eliminate entry barriers for individual and institutional crypto investors. Sologenic allows them to trade non-blockchain asset classes, such as stocks, ETFs, and commodities, with one cryptocurrency, SOLO. SOLO holders can access many stocks from more than 30 global exchanges in North America, Europe, Asia, and Oceania. SOLO will enable people worldwide to buy and sell stock in their favorite companies without the need for traditional brokerages. Sologenic generates stablecoins backed by 1:1 with real-world assets. Each stablecoin represents the ownership of real-world assets. Once tokenized, the asset issued on the blockchain is denominated with the suffix Ƨ; for example, a tokenized asset of TSLA is represented as TSLAƨ.
Top movers of the day are Ultima and Beta Finance. Since midnight Ultima has increased by 6.16%, Beta Finance is 9.24% higher.
Most cryptocurrencies started out lower today. 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 0.22%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 0.45% lower. Bitcoin has fallen by 0.51%, Ether even by 0.61%.
Zcash (ZEC)
| 2100NEWS ranking: 104, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 17.4 (Average for Coins: 15.2) |
Zcash is a cryptocurrency built to empower economic freedom. It is similar to Bitcoin in its design — in fact, Zcash was created from the original Bitcoin code base — but it uses a privacy technology that encrypts transaction information and allows users to shield their assets. Zcash was conceived by scientists at MIT, Johns Hopkins, and other respected academic and scientific institutions.
Beta Finance (BETA)
| 2100NEWS ranking: 431, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 10.7 (Average for Small caps: 10.3) |
Beta Finance is a permissionless money market on Ethereum for borrowing, lending, and shorting crypto assets. It allows users to access a scalable and accessible money market where tokens can be listed permissionless and automatically and where users can short these tokens. Beta Finance plans to launch on additional layer one and layer two solutions after its Ethereum Mainnet launch. Users have three options: lending, borrowing, and shorting. Lenders can lend crypto assets for any market on Beta Finance and earn interest on it. Borrowers can take the contrary position, while short-sellers can use collateral to initiate short positions. Unlike centralized exchanges, Beta Finance does not use an order book to execute shorts but routes the trade through decentralized exchanges that use automated market makers. As part of its Phase 2 launch, the platform plans to release permissionless money market creation.
Branko
Litecoin