Movers of the Day 6-Oct-2022

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

The day’s top movers are Casper and Decentralized social, surging by 21.02% since 7 pm.

The crypto markets have trended sideways, as illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the last 24 hours. During the same period, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen by 0.59% and Bitcoin by 0.54%, while Ether has risen by 0.60%.

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

Decentralized Social (DESO)

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, the creators who produce the content 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 to anyone. 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.

The crypto markets trended sideways. The day’s top movers at 19:10 are Casper and SushiSwap, which has increased by 4.53% since 2 pm, and Casper is 1.83% higher. Over the last 24 hours, the mid-caps measured by 2100NEWS 200 Mid Cap Index (NWSM200) have increased by 0.34% while the large caps are almost the same (2100NEWS 100 Large Cap Index (NWSL100) +0.07%). Ether has increased by 0.82%, while Bitcoin has fallen by 0.84%.

SushiSwap (SUSHI)

SushiSwap is an automated market-making (AMM) decentralized exchange (DEX) currently on the Ethereum blockchain. In addition to DEX, SushiSwap involves a collection of governance, operations, and reward contracts that help grow the SushiSwap ecosystem and utilization. SushiSwap was designed as the next step forward in the Uniswap protocol design: an evolution. Taking Uniswap’s elegant core design, the team added community-oriented features that they believe help improve the protocol’s design and provide further benefits to the actors involved. With SushiSwap, one can also provide some liquidity into a pool and earn rewards in the form of SUSHI tokens. However, unlike Uniswap, those SUSHI tokens will also entitle you to continue earning a portion of the protocol’s fee, accumulated in SUSHI, even if you no longer participate in the liquidity provision. To start providing liquidity and earning SUSHI tokens, anyone holding Uniswap LP tokens can stake those LP tokens into the corresponding initial list of pools. They began earning tokens once rewards started on block 10750000. The list of eligible LP tokens can be added per on-chain governance. At every block, 100 SUSHI tokens will be created. These tokens will be equally distributed to the stakers of each supported pool.

The day’s top movers (at 2 pm) are SushiSwap and UFO Gaming. WINkLink has risen by 6.71% since 9 am. The crypto markets have risen. On the day, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported gains between 0.50% and 1.05%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen by 1.52%, Ether even 2.36%, and Bitcoin by 1.01%.

WINkLink (WIN)

WINkLink is a decentralized oracle network running on the TRON network. Decentralization reduces the need for trust among parties to the contract. WINkLinkk ensures the security of the entire procedure of smart contracts execution, including obtaining data from off-chain sources. This is the prerequisite for connecting smart contracts to the real world and taking the place of traditional digital contracts.

The crypto markets trended sideways. The day’s top movers (at 9 am) were Unizen and UFO Gaming, surging by 22.56% since midnight. On the day, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported gains between 0.53% and 0.98%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen by 0.01% and Ether by 0.76%, while Bitcoin has fallen by 0.01%.

UFO Gaming (UFO)

UFO Gaming is a fully decentralized intergalactic social gaming token. $UFO is a massive ecosystem with a “One planet. One game” Metaverse, aims to capture various markets. $UFO is the primary token in the ecosystem and will be the connector between everything $UFO. For example, to play the first game in the ecosystem, Super Galactic, you will first need to stake UFO or UFO/ETH LP in The Cosmos.

NEST Protocol (NEST)

NEST Protocol is a decentralized price oracle based on Ethereum. NEST provides a creative solution, including collateral asset quotation, arbitrage verification, price chain, beta coefficients, and other modules to form a complete NEST-Protocol.