Movers of the Day 16-Aug-2024

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

Top Movers of the Day:

• Amp and Altlayer: These cryptocurrencies have grown remarkably over the past day.
• Curve DAO Token has increased by 7.66% since 7 p.m.

Overview: The crypto market has experienced a strong surge over the last 24 hours, characterized by significant volatility, where sharp movements in both directions were observed.

2100NEWS NWSBCT Index for Blue Chips: This index focuses on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has mirrored the overall market sentiment. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.74% to 1.53% since 7 p.m. 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 surged by 2.01% over the last 24 hours. Bitcoin and Ether: Bitcoin has soared by 2.81%, while Ether has shown a rise of 1.48% over the past day.

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.

Curve DAO Token (CRV)

CRV is a governance token on the Curve platform with time-weighted voting and value accrual mechanisms.

Top Movers of the Day (at 7 p.m. update):

• Amp and SuperRare: These cryptocurrencies have grown remarkably over the past 24 hours, with SuperRare surging by 27.65% since 2 p.m.

Overview: The recent crypto market movements indicate a consolidation.

1. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has tracked the broader market’s movements.
2. 2100NEWS Total Index (NWST1100): This index represents a broad spectrum of the crypto market and tracks 1100 significant cryptocurrencies based on their market cap. It has fallen by 2.35% over the last 24 hours.
3. Bitcoin and Ether: Bitcoin has fallen by 1.69%, while Ether has dropped by 2.35% over the previous 24 hours.

SuperRare (RARE)

SuperRare 2.0 introduces web-scale curation, independently running storefronts on the platform, and sovereign minting contracts for the artists to mint, promote, and sell their works directly to collectors. By embarking on this path of progressive decentralization, SuperRare shifted ownership and governance of the network to the community. SuperRare 2.0 is a decentralized DAO organization that oversees key platform parameters, allocates funds from the Community Treasury, and votes on proposed improvements to the network and protocol.

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

• OriginTrail and Amp: These cryptocurrencies have grown remarkably over the past 24 hours, with Amp increasing by 4.73% since the morning update.

Overview: The crypto market has experienced a consolidation following a retrace. 2100NEWS NWSBCT Index for Blue Chips: This index focuses on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has mirrored the overall trend, reflecting similar patterns of decline and consolidation. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.26% to 1.76% 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 fallen by 0.95% over the last 24 hours. Bitcoin and Ether: Bitcoin has decreased by 0.63%, while Ether has fallen by 0.87% over the past 24 hours.

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.

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

• OriginTrail and THORChain: These cryptocurrencies have grown remarkably over the past 24 hours, with THORChain increasing by 7.46% since midnight.

Overview: The crypto market has experienced strong initial gains followed by a sharp sell-off. Recovery efforts stabilized the market overnight and showed signs of renewed strength in the morning.

1.  NWSBCT Index for Blue Chips: This index focuses on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has mirrored overall market sentiment.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 1.1% to 2.55% since midnight.
3. 2100NEWS Total Index (NWST1100): This index represents a broad spectrum of the crypto market and tracks 1100 significant cryptocurrencies based on their market cap. It has increased by 0.56% over the previous 24 hours.
4. Bitcoin and Ether: Bitcoin has risen by 0.83%, while Ether has slightly increased by 0.16% over the last 24 hours.

THORChain (RUNE)

THORChain is a decentralized exchange protocol designed to power the next generation of digital asset exchanges, wallets, and payment services. It is not intended to compete with any existing token, platform, or other solution. Rather, THORChain aims to bind all cryptocurrencies together with an accessible, secure, and lightning-fast bridging protocol.