Movers of the Day 31-Aug-2024

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

Top movers of the day are Clearpool and Radiant Capital. Since morning Clearpool has increased by 11.62%, Radiant Capital by 4.70%. PlatON Network is 3.30% higher.

Most cryptocurrencies finished the day lower as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. The large caps (the cryptocurrencies with market cap from $200 million to $50 billion) measured by 2100NEWS 100 Large Cap Index (NWSL100) ended -0.33%. Our main 2100NEWS Total Index (NWST1100) ended -0.06%. On the other hand Bitcoin and Ether finished higher: BTC +0.11%, ETH +0.17%.

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.

Clearpool (CPOOL)

Clearpool is a decentralized marketplace for unsecured institutional capital. It allows institutions to borrow funds from a decentralized network of lenders without the need for collateral. On Clearpool, whitelisted institutional borrowers can create and launch individual single-borrower liquidity pools. Lenders can earn attractive risk-adjusted interest rates to supply liquidity to a borrower pool. Anybody can be a lender, and yields are enhanced with additional CPOOL rewards, making Clearpool one of the most attractive venues for DeFi lenders.

Top movers of the day are Radiant Capital and QuarkChain which has surged 11.89% since midnight. Radiant Capital is 7.61% higher.

Today the crypto markets started out higher. Since midnight 2100NEWS Indices which measure the performance of different groups of tokens and coins have increased up to 0.61%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 0.33% higher. Bitcoin has increased by 0.26%, Ether by 0.24%.

PlatON (LAT)

PlatON is a future-oriented infrastructure for privacy computation and distributed economies built on blockchain and cryptographic technologies. PlatON aims to enable and facilitate trades in data usage while protecting data ownership and privacy, eventually establishing a viable market for data and computing power. PlatON, in its capacity as a data and computation marketplace, differentiates from other public blockchains with many added features, which creates a new value proposition for its native token and requires a unique governance structure.

Radiant Capital (RDNT)

Capital in DeFi is extremely fragmented across chains, evidenced by the dozens of different money markets, all with their own liquidity. Lenders decide on a chain, and the assets they withdraw must exist on that same chain. Suppose a DeFi user wants to deposit wBTC on Arbitrum and withdraw ETH on mainnet. In that case, they can only do so by navigating through a series of cumbersome transactions across multiple user endpoints. This liquidity dispersion creates a suboptimal borrowing and lending experience. Radiant aims to be the first omnichain money market where users can deposit any major asset on any major chain and borrow various supported assets across multiple chains.

QuarkChain (QKC)

QuarkChain aims to provide a secure, decentralized, and scalable blockchain solution to deliver 1,000,000+ on-chain TPS (transactions per second). The main features of Quarkchain are its reshardable two-layered blockchain, collaborative mining, horizontal scalability, cross-shard transactions, and streamlined account management.