Movers of the Day 25-Aug-2024

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

Top movers of the day are Telos and Arcblock. Since morning Telos has surged 29.63%, Arcblock has increased by 10.57%.

Most cryptocurrencies 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 up to +0.92%. Our main 2100NEWS Total Index (NWST1100) ended +0.57%. Bitcoin ended +0.92%, Ether ended +0.93%.

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.

Telos (TLOS)

Telos is a networked ecosystem enabling visionary leaders and communities to work together to build a new global economy. Telos is a new blockchain network based on EOSIO software. Telos has modified the Eos genesis snapshot and some rules to make the network more responsible to the majority of token holders, be more attractive to DApp developers, and generally run more responsively and sustainably.

Top movers of the day are Beta Finance and Arcblock which has surged 14.82% since midnight. Beta Finance is 11.22% higher. Rally has increased by 2.53%.

Most cryptocurrencies moved 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 1.21%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 0.19% lower. On the other hand Bitcoin and Ether were still higher: BTC +0.37%, ETH +0.04%.

Beta Finance (BETA)

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.

Arcblock (ABT)

Arcblock is a platform and an ecosystem for building and deploying decentralized blockchain applications. The platform goes beyond providing the necessary foundational components for using blockchain to power complex business rules. It connects your existing system to blockchain networks, enabling you to automate business processes using the data and identities associated with existing systems.

Rally (RLY)

Rally.io is a platform for creators and their communities to build their own independent digital economies. It enables creators, artists, celebrities, communities, and brands to launch their own social tokens and NFTs. Rally charges no fees, has a low environmental impact, requires no crypto experience, and seamlessly integrates with platforms thanks to its APIs.