ARDR (Ardor) as Large-cap Coin is 53 in 2100NEWS ranking. ARDR has Ordinary quality of the order book. The average quality of the order book for large caps members of NWSL100 index is 9.8. What is the true value criterion in the crypto world?
*Among all, the price is always at the forefront. By comparing with the index, we can gauge the price-performance with similar digital assets that are members of the index. Considering an investor’s point of view, peer comparison should be efficient and effective. We present you tokens that are worth keeping in mind when you create a buying list to go into the crypto world.
In 2018, Ardor was launched in production and ARDR tokens were distributed to airdrop participants. ARDR has been launched in 14 exchanges.
ARDR as Large-cap Coin is 53 in 2100NEWS ranking (after Index Review of 13th September 2019). It is an Index member: NWST1100, NWSL100, NWCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 10.3, (Average for Large caps: 9.8)
Over the past week, the average market cap was $58.7 million, average daily volume was $1.3 million.
To make appropriate peers comparison we gauged the ARDR (Ardor) coin with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100). Looking at the chart below, at the top we can see the original ARDR price, in the middle of the chart is ARDR vs. NWSL100, at the bottom of the chart are NWSL100 and correlation between ARDR and NWSL100. On average (EMA25 – green area graph), the relationship between ARDR and NWSL100 has remained similar from May for nearly four months, meaning it was oscillating (+36%, -17%) around the blue horizontal line. However, the correlation graph gives us an explanation that ARDR was moving in the opposite direction as the NWSL100 (negative correlation) last three weeks and three weeks in June and July. For the rest of the time, representing 60% of the time, it was moving in the same direction as the NWSL100. Despite these changes, now the ARDR/NWSL100 ratio is practically the same as in May. So, the last four months, ARDR has been a good representative of the NWSL100 index.
There are 123 active generators (at the time of this article’s writing).
They were very busy during the summer working on new website for Jelurida, upgrading other projects. According to their roadmap they are in phase of testing and they expect to deploy it on the public Ardor testnet in Q4/2019 with mainnet to follow during the first half of 2020. Their top priority is to improve the adoption of the Ardor unique child chains architecture. Privacy is very important to them. They also care about the community. They designed their own forum. They also communicate with the community through other social networks.
About Ardor – what they do
Ardor is an open source multichain platform launched on 01.01.2018. Its unique architecture was designed from the beginning to overcome existing blockchain technology problems and ensure scalability. Ardor’s advanced design introduces a parent – child chain system where the network security and transaction processing for the entire platform is provided by the Ardor main “parent” chain while all the business-ready functionality is present on the permissionless and permissioned child chains. This architecture has three fundamental advantages:
- All child chains have their own native tokens, used as a unit of value and for paying transaction fees, and a variety of ready to use features;
- Scalability is achieved by pruning of the unnecessary child chain data once they are included in the permissionless Ardor parent chain, preventing the “bloat” of the network;
- All child chains are connected and share the same source code, ensuring ecosystem interoperability that allows child chain token trading to one another in a fully decentralized way and transactions on one child chain to access data or entities on another.
Jelurida was incorporated in the Netherlands in 2016 with the objective to further develop and maintain the Nxt and Ardor blockchain platforms, to ensure the sustainability and longevity of both projects, and explore commercial opportunities based on providing public, private, and hybrid blockchain solutions. In 2017 they moved their main operation in Lugano, Switzerland.
Exchanges: Bilaxy, Binance, Bittrex, Coinbit, CoinEx, HitBTC, Huobi Global, Huobi Korea, OKEx, Poloniex, STEX, TOKOK, Upbit, WazirX.
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The Crypto Highlights are considered the opinion of 2100News and the material is for informational purposes only and 2100News is not soliciting any action based upon such material. The material is not to be construed as an offer or a recommendation to buy or sell a security nor is it to be construed as investment advice. At the time of this article’s writing, the author did not hold any tokens ARDR.