Movers of the Day 20-Oct-2024

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

Top movers of the day are ARPA and ApeCoin. Since morning ARPA has surged 66.25%, ApeCoin has increased by 11.34%.

The crypto markets 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 from +1.10% to +308%. Our main 2100NEWS Total Index (NWST1100) ended +1.43%. Bitcoin ended +0.72%, Ether ended +2.59%.

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.

ARPA (ARPA)

ARPA describes itself as a privacy-preserving computation network based on cryptography. It reportedly enables private smart contracts on blockchains like Ethereum and IOST, secure data exchange, joint data analysis, and monetization among enterprises/individuals.

ApeCoin (APE)

The APE Foundation is the steward of ApeCoin. It is not an overseer but the base layer on which ApeCoin holders in the ApeCoin DAO can build. The Foundation facilitates decentralized and community-led governance and is designed to become more decentralized over time. It is tasked with administering the decisions of the ApeCoin DAO. It is responsible for day-to-day administration, bookkeeping, project management, and other tasks that ensure the DAO community’s ideas have the support they need to become a reality. The goal of the APE Foundation is to steward the growth and development of the APE ecosystem fairly and inclusively. It utilizes the Ecosystem Fund, controlled by a multi-sig wallet, to pay its expenses as directed by the ApeCoin DAO. It also provides an infrastructure for ApeCoin holders to collaborate through open and permissionless governance processes.

Top movers of the day are ApeCoin and API3. Since midnight ApeCoin has surged 37.34%, API3 is 23.55% higher. DIA Token has increased by 9.77%.

Generally, the crypto markets started out at the same levels as they finished last night. In the last 24 hours the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have decreased by 0.24%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 0.15% lower. Bitcoin has decreased by 0.11% while Ether is almost the same (+0.02%).

DIA (DIA)

DIA (Decentralised Information Asset) claims to provide financial institutions with an immutable and verified single source of financial market data for any market and asset type. DIA also claims to be an open-source data and oracle platform for the DeFi ecosystem. It is further contended that DIA leverages crypto-economic incentives to drive supply, share and use transparent, crowd-verified price data and oracles on financial and digital assets. This token is claimed to be a governance token.

API3 (API)

API3 is a token of API that drives a collaborative effort to create a new generation of blockchain-native, decentralized APIs, or dAPIs for short. dAPIs are composed of first-party oracles operated by API providers and thus are more secure and cost-efficient than alternative solutions that employ intermediaries. Staking the token will grant its holders full governing rights over the API3 DAO and all associated rewards. Staked API3 tokens will be used as collateral for the on-chain insurance service to provide quantifiable and trustless security guarantees to dAPI users.