Movers of the Day 8-Dec-2024
Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are DeFiChain and IDEX. Since morning DeFiChain has soared 229.06%, IDEX has surged 70.95%. SushiSwap is 26.24% higher.
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 from +0.06% to +1.16%. Our main 2100NEWS Total Index (NWST1100) ended +0.26%. Bitcoin ended +0.31%, Ether ended +0.13%.
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 9:10 am. Therefore, it may not accurately represent the current market conditions at the time of your inquiry.
DeFiChain (DF)
| 2100NEWS ranking: 922, Microcap, Index member: NWST1100, NWSMi500 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 8.9 (Average for Microcap: 7.9) |
DeFiChain is a blockchain platform built with the mission of maximizing the full potential of DeFi within the Bitcoin (BTC) ecosystem. The software platform is supported by a distributed network of computers and is designed to facilitate fast and transparent transactions. The development team positions DeFiChain as an innovative blockchain project and offers solutions to problems like scalability, security, and decentralization. The project was launched in the fall of 2019 with the aim of offering financial services that commercial banks typically provide (borrowing, lending, investing, and keeping funds). Yet there is a key difference between DeFiChain and a banking network: DeFiChain is a decentralized platform. This provides a number of advantages: authorities and entities cannot control the network, and anyone has the right to participate in the launch of the network protocol. All actions support the entire ne,twork and participants in the process receive DFI tokens.
Top movers of the day are Decentralized Social and Alephium which has increased by 12.09% since midnight. Decentralized Social has increased by 1.07%, Wilder World by 0.80%.
Today the crypto markets started out lower. Since midnight the mid caps (the cryptocurrencies with market cap from $15 million to $70 million) tracked by 2100NEWS 200 Mid Cap Index (NWSM200) have fallen by 0.72%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 0.17% lower. Bitcoin has decreased by 0.08%, Ether by 0.47%.
Decentralized Social (DESO)
| 2100NEWS ranking: 437, Small cap Non-Ethereum-based Coin, Index member: NWST1100, NWSS300 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 7.7 (Average for Small caps: 10.3) |
DeSo is a new type of blockchain designed to power Web 3.0 decentralized social networks. Since its inception in 2019, DeSo has aimed to solve the problems created by present social media centralization. Today, a handful of private companies effectively control public discourse, earning monopoly profits; meanwhile, content creators are often underpaid and under-engaged. In contrast, DeSo’s social blockchain treats social media content as a public utility, making it permissionless and available. DeSo combines the paradigm of an open P2P financial system offered by cryptocurrencies with an efficient and scalable database infrastructure tailored to bring about the next generation of Web 3.0 social networks.
Wilder World (WILD)
| 2100NEWS ranking: 310, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 9.8 (Average for Small caps: 10.3) |
Wilder World is an amalgamation of the 3D art world and the gamer economy. Its Virtual Reality (VR)/ Augmented Reality (AR) enabled decentralized gaming platform has a range of fascinating applications that appeal to creators and collectors alike.
Alephium (ALPH)
| 2100NEWS ranking: 429, Small cap , Index member: NWST1100, NWSS300, NWSCo100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 6 (Average for Coins: 15) |
Alephium is a cutting-edge blockchain platform designed to support scalable and secure decentralized applications (dApps). It combines innovative sharding technology with a stateful UTXO (sUTXO) model to ensure efficient and scalable dApps. The platform employs Proof-of-Less-Work (PoLW), reducing energy consumption to 1/8th of Bitcoin’s requirements. Alephium also features a custom virtual machine, Alphred, enhancing the security and development experience while introducing trustless peer-to-peer smart contract transactions. Addressing key blockchain challenges—accessibility, scalability, and security—Alephium offers a robust, energy-efficient, and developer-friendly environment for real-world dApps.
Lily
Branko
Litecoin