Movers of the Day 27-Oct-2024
Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are API3 and Metaplex. Since morning API3 has surged 21.85%, Metaplex has increased by 16.51%. Raydium is 9.59% higher.
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. The large caps tracked by 2100NEWS 100 Large Cap Index (NWSL100) ended +2.06%. Our main 2100NEWS Total Index (NWST1100) ended +1.62%. Bitcoin ended +1.49%, Ether ended +1.12%.
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.
API3 (API3)
2100NEWS ranking: 220, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSDM100 |
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 13.1 (Average for Mid-caps: 13.2) |
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.
Top movers of the day are MATH and Cortex. Since midnight MATH has surged 21.39%, Cortex is 11.66% higher. Aerodrome Finance has increased by 6.25%.
Most cryptocurrencies moved higher this morning. Since midnight 2100NEWS Indices which measure the performance of different groups of tokens and coins have increased up to 0.93%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 0.16% higher. Bitcoin has increased by 0.06% while Ether has decreased by 0.30%.
MATH (MATH)
2100NEWS ranking: 449, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300 |
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 5.9 (Average for Small caps: 10.6) |
MATH is a one-stop crypto solution platform that comprises MathWallet, MATH VPOS Pool, MathDEX, MATH dApp Store, MATH Staking, MATH Pay, and MATH Chain. Math Wallet is a multi-platform (mobile/desktop/hardware) universal crypto wallet that enables the storage of various crypto assets, which also supports cross-chain token exchange, and a multi-chain dApp store.
Aerodrome Finance (AERO)
2100NEWS ranking: 184, Mid-cap Non-Ethereum-based Token, Index member: NWST1100, NWSM200, NWSOT50, NWSDM100 |
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 6 (Average for Non-Ethereum-based Tokens: 14.6) |
Aerodrome Finance is a next-generation AMM designed to serve as Base’s central liquidity hub, combining a powerful liquidity incentive engine, a vote-lock governance model, and a friendly user experience. Aerodrome inherits the latest features from Velodrome V2. Aerodrome NFTs vote to distribute token emissions and receive incentives and fees generated by the protocol.
Cortex (CTXC)
2100NEWS ranking: 418, Small cap Non-Ethereum-based Token, Index member: NWST1100, NWSS300 |
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 12.8 (Average for Small caps: 10.6) |
In Cortex, due to the nature of the open-source and competitive mechanisms, the best model as an intelligent agent will survive to enhance the intelligence level of the Blockchain network. Cortex’s primary mission is to provide state-of-the-art machine-learning models on the blockchain in which users can infer using smart contracts on the Cortex blockchain. One of Cortex’s goals also includes implementing a machine-learning platform that allows users to post tasks on the platform and submit AI DApps (Artificial Intelligence Decentralized Applications).