Movers of the Day 7-Dec-2022

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

The day’s top movers are Radix Protocol and Ampleforth, rising by 8.85% since 7 pm.

As illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the last 24 hours, the crypto markets have trended sideways. During the same time, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, dropped 1.59%,  Ether by 1.91%, and Bitcoin by 0.82%.

Please read the notes to find out which criteria have been selected.

Ampleforth (AMPL)

The Ampleforth protocol is a set of instructions on the Ethereum blockchain that produces a decentralized unit of account called AMPL. The AMPL token is the primary building block of the Ampleforth Elastic Finance Ecosystem. It is used for lending & borrowing, for the creation of derivatives, and as collateral for a decentralized stablecoin.

The crypto markets trended sideways. The day’s top movers (at 7 pm) were Radix Protocol and MAGIC. Celsius has risen by 11.76% since 2 pm. On the day, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported losses between -1.19% and -2.72%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, dropped 1.64%,  Ether by 1.69%, and Bitcoin by 0.91%.

Celsius (CEL)

Celsius Network is a democratized interest income and lending platform accessible via a mobile app. Built on the belief that financial services should only do what is in the community’s best interests, Celsius is a modern platform where membership provides access to curated financial services unavailable through traditional financial institutions. Crypto holders can earn interest by transferring their coins to their Celsius Wallet and borrowing USD against their crypto collateral at interest rates as low as 4.95% APR.

The crypto markets dropped. The day’s top movers (at 2 pm) were Radix Protocol and League of Kingdom Arena. Toko Token has risen by 13.68% since 9 am. On the day, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported losses between -1.25% and -2.71%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, dropped 2.1%,  Ether by 2.7%, and Bitcoin by 1.17%.

Toko Token (TKO)

Toko Token is a native token of Tokocrypto, a digital asset exchange breaking records in trading volumes and user registrations. It is well on its way to becoming Indonesia’s most prominent digital exchange. TKO by Tokocrypto will be the first local Indonesian cryptocurrency project to offer a unique hybrid token model with the following core use cases: 1) Exchange Platform Token; 2) Participation in Deposit & Savings Programs; 3) Cross-Platform DeFi Use Cases; 4) NFT Arcade. Leveraging on BIDR pairings, the TKO platform will provide a hassle-free fiat gateway and easy access to crypto-assets and Decentralised Finance (DeFi) technology.

The crypto markets dropped. The day’s top movers (at 9 am) were Toko Token and League of Kingdom Arena, rising by 12.98% since midnight. On the day, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported losses between -1.15% and -3.27%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has dropped 2.42%,  Ether by 2.62%, and Bitcoin by 1.38%.

League of Kingdoms Arena (LOKA)

League of Kingdoms is a free-to-play MMO war strategy game on the blockchain. The main gameplay of League of Kingdoms is similar to a traditional RTS (Real-time strategy). Still, it is powered by blockchain technology, and ownership is central to the game’s core concepts. As an alliance-based tactical strategy game, players can build kingdoms, raise armies, form alliances, and compete on the battlefield. All the lands in the game are non-fungible tokens and can be owned by users. LOKA is League of Kingdoms’ native governance token and will be utilized as the currency inside the League of Kingdoms game franchise and will be utilized for all in-game store purchases, such as purchasing packages, skins, and goods.

Radix (XRD) 

Radix Protocol is the first decentralized ledger platform designed not just for today’s cryptocurrencies but suitable for thousands of developers to build, deploy, and scale an unlimited number of robust financial applications. Radix is a stack of open-source technologies that create the Radix public network and make it useful to users and developers. Anyone may access the network, or participate in its operation, with network usage paid directly to the network itself with an XRD token. The most fundamental unit of the Radix stack is the Radix Node. The Node implements a 3-phase byzantine fault-tolerant consensus protocol allowing an open network of nodes to quickly and safely decide on and commit correct transactions to a distributed immutable ledger.

Numeraire (NMR)

Numeraire is a new cryptographic token employed in a novel auction mechanism to create overfitting economically irrational. Numeraire is an ERC20 Ethereum token that makes collaboration congenial with self-interest. Last year, a new kind of hedge fund was introduced by Numeraire. This resource enables any data scientist to develop machine learning patterns on the team’s data and offer predictions to manage the capital in the team’s hedge fund. Today, a new money abstraction for Numerai has been published, starting modern commerce with the team’s data scientists based on long-term adjustments not possible with regular money.