Movers of the Day 25-July


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

Top movers of the day are Solana and OAX which has soared 30.07% since 10 am.

Ether led the way up and the crypto markets have rallied as is illustrated by the adjacent chart that shows the movement of the NWSCOT Index over the last 24 hours.  2100NEWS DA Indexes ended between 0.66% and 3.98%. The best performing group was coins measured by 2100NEWS DA Coin Index (NWSCo100). The 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the 1100 major crypto assets by market capitalization, has surged by 2.39%,  Bitcoin by 1.44% while Ether has soared  8.03%.

To find out based on which criteria have been selected, please read the notes.

 

OAX OAX (OAX)

2100NEWS ranking: 427, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 11.5, (Average for Small caps: 6.7)

OAX Foundation was created to explore the future of decentralized exchanges and address their four main shortcomings: speed, scalability, interoperability, and trust. Digital asset trading is currently dominated by centralized exchanges, which are both counter-intuitive to the nature of blockchain and vulnerable to hacking. Existing decentralized exchanges on the other hand, while tailored to the proposition of digital assets, have performance issues deep-rooted in their technology.

 

Top movers of the day at 10 am are JUST and Perlin. Nimiq has surged by 29.42% since midnight. The crypto markets started the day higher. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the 1100 major crypto assets by market capitalization, has risen by 1.13%,  Bitcoin by 0.73% while Ether has soared 4.64%.

 

NimiqNimiq (NIM)

2100NEWS ranking: 190, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 4.1, (Average for Coins: 13.1)

Nimiq is blockchain technology inspired by Bitcoin but designed for the browser. Implemented in Rust and JavaScript, Nimiq empowers web developers to easily access and build on it. Only three lines of code connect any web application directly to the blockchain, making it easily accessible to web-based businesses and projects, too. Unlike cryptocurrencies such as Bitcoin and Ethereum, Nimiq does not require a third-party node to send transactions directly from the browser. This advantage allows for a new level of accessibility and user experience without the need to compromise on decentralization or censorship-resistance.

 

JUSTJUST (JST)

2100NEWS ranking: 310, Small cap Non- Ethereum based Token, Index member: NWST1100, NWSS300, NWSOT50
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 8, (Average for Non- Ethereum based Tokens: 8)

JUST aims to build a fair, decentralized financial system that provides stablecoin lending and governance mechanisms for users around the world. JUST is a two-token system. The first token, USDJ is a stablecoin pegged to the US Dollar at a 1:1 ratio and is generated by collateralizing TRX via JUST’s CDP portal. JST, the second token, can be used for paying interest, platform maintenance, participating in governance through voting, and other activities on the JUST platform. JUST allows all transactions, collateralization, and governance to be transparently executed on-chain. JUST is built on the TRON Network, the largest decentralized application ecosystem, and aims to provide a set of easy-to-use and transparent financial services for all its members.

 

 



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