Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are Aurora and Big Time which has surged 43.91% since 7 pm. Aurora is 18.22% higher. IoTeX has increased by 6.43%.
The crypto markets finished the day higher as illustrated in the adjacent chart showing the movement of the NWSBCT Index (Blue Chips) in the last 24 hours. The mid caps represented by 2100NEWS 200 Mid Cap Index (NWSM200) ended+2.15%. 2100NEWS Total Index (NWST1100) ended +2.70%. Bitcoin ended +4.71%, Ether ended +1.00%.
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.
Big Time (BIGTIME)
Big Time is a multiplayer action RPG for PC that melds a fast-combat system with an open game economy where players have an active role in generating and exchanging game items. Their approach is to make Web3 elements invisible to players, so they don’t represent an obstacle to entertainment and cater to a broader audience.
7:10 p.m. update: Top movers of the day are IoTeX and SuperRare. Since 2 pm IoTeX has surged 26.46%, SuperRare has increased by 10.19%. SuperVerse is 6.30% lower.
The growth of the crypto markets became moderated somewhat in the afternoon. According to the yesterday’s closings 2100NEWS Indices have increased up to 3.00%. 2100NEWS Total Index (NWST1100) is 2.00% higher. Ether has increased by 0.65%, Bitcoin even by 3.88%.
IoTeX is a decentralized network for the Internet of Things, powered by a Privacy-Centric Blockchain. Despite its rapid evolution, IoT is still far from reaching mass adoption and lacks “killer applications” that would draw new users to the ecosystem due to low scalability, high operating cost, privacy concerns, and lack of functional values. IoTeX is tackling this problem by introducing a token economy into IoT spaces. We strongly believe that crypto incentives and the community effort are the two key forces to propel innovations in the IoT space. In short, IoTeX is the next-generation IoT-oriented blockchain platform with strong scalability, privacy, isolatability, and developability for incubating new IoT applications and ecosystems.
Top Movers of the Day (at 2 p.m. update):
- Big Time and SuperVerse: These cryptocurrencies have posted significant gains over the last 24 hours. SuperVerse experienced an 18.83% rise since the morning update, making it one of the day’s top performers.
Overview: Overall, the cryptocurrency market has been trending upward with strong investor confidence since 7 p.m. the previous day. The rise of Bitcoin by 5.97% has been a market driver due to its dominance and can lift the broader market sentiment. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The NWSBCT Index peaked before noon and experienced a slight dip afterward, which could indicate a normal market correction following a significant uptick. 2100NEWS Indices: The collection of indices from 2100NEWS, which covers various segments of the crypto market, has seen gains ranging between 0.44% and 3.75% since midnight, reflecting a widespread uplift in the crypto market. 2100NEWS Total Index (NWST1100): Representing a broad spectrum of the crypto market, this index tracks 1100 significant cryptocurrencies based on their market cap; it has soared by 4.11% in the last 24 hours. Bitcoin and Ether have contributed to this surge, with Bitcoin soaring 5.97% and Ether 4.65%, highlighting a bullish sentiment in the market.
The SuperVerse is building and delivering Web3 products that empower crypto natives with next-generation NFT functionality and onboard Web2 users through immersive blockchain gaming experiences. The SuperVerse comprises two core verticals: NFT marketplace technology and video games. This wide array of Web3 tools and features is supported and governed by a single protocol and token: $SUPER ERC20 (formerly SuperFarm). The SuperVerse harbors two central products: GigaMart, a next-gen NFT marketplace with advanced analytics tools and unique social features, and Impostors, a social-gaming metaverse.”
Top Movers of the Day (at 9 a.m. update):
- Bonk and Terra Classic: These cryptocurrencies have posted significant gains over the last 24 hours. Terra Classic experienced a remarkable 37.21% surge since midnight, making it one of the day’s top performers.
Overview: The cryptocurrency market has shown a positive trend since 7 p.m. yesterday, with an overall upswing indicating robust market activity and investor confidence in the short term.
- NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The NWSBCT Index has soared, mirroring the overall uptick.
- 2100NEWS Indices: The collection of indices from 2100NEWS, which covers various segments of the crypto market, has seen gains ranging between 1.30% and 2.99% since midnight, reflecting a widespread uplift in the crypto market.
- 2100NEWS Total Index (NWST1100): Representing a broad spectrum of the crypto market, this index tracks 1100 significant cryptocurrencies based on their market cap; it has soared by 3.82% in the last 24 hours.
- Bitcoin and Ether have contributed to this growth, with Bitcoin soaring 4.90% and Ether 3.82%, highlighting a bullish sentiment in the market.
Terra Classic (LUNC)
Luna Classic is the first native token of the Terra blockchain, released in August 2018. LUNC existed before the launch of the new chain — now branded Terra (LUNA) — and works with the original code of the Terra ecosystem. The primary function that the native token performed was to absorb the price deviation of the algorithmic stablecoin — $UST. The price of the UST stablecoin was pegged to the US dollar by minting and burning UST tokens to balance the supply and demand of the coin. In May 2022, UST lost its peg and collapsed. The UST stablecoin algorithm created trillions of LUNA tokens, fell into a hyperinflationary spiral, and reduced the value of the original LUNA token by 99%.
Terra (LUNA) and Terra Classic (LUNC) have the right to exist due to the implementation of a proposal called Terra Ecosystem Revival Plan 2. The essence of the plan is to split the current blockchain through forking, creating a new chain in the ecosystem, and preserving the previous version. According to the recovery plan, the existing chain and token have been rebranded as Terra Classic. The new LUNA tokens were airdropped to existing holders of LUNA and UST before the depeg and the subsequent crash occurred.
The Ordinal theory concerns itself with satoshis, giving them individual identities and allowing them to be tracked, transferred, and imbued with meaning. Satoshis, not Bitcoin, is the atomic, native currency of the Bitcoin network. One bitcoin can be subdivided into 100,000,000 satoshis, but no further. The ordinal theory does not require a sidechain or token aside from Bitcoin and can be used without any changes to the Bitcoin network. It works right now. Ordinal theory imbues satoshis with numismatic value, allowing them to be collected and traded as curios. Individual satoshis can be inscribed with arbitrary content, creating unique Bitcoin-native digital artifacts that can be held in Bitcoin wallets and transferred using Bitcoin transactions. Inscriptions are as durable, immutable, secure, and decentralized as Bitcoin itself.