Movers of the Day 22-October


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

Top movers of the day are Ankr Network and Kin which has risen by 14.56% since 7 pm. Kin soared 233% over the last five days.

The crypto markets have continued rising as is illustrated by an adjacent chart that shows the movement of the  NWSBCT Index (Blue Chips) over the last 24 hours. At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the 1100 major crypto assets by market capitalization, has surged by 2.66%, Bitcoin by 1.59% while Ether has soared 5.52%. The coins represented by 2100NEWS DA Coin Index (NWSCo100) ended +4.77%.

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

Kin

Kin (KIN)

2100NEWS ranking: 446, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 3.4, (Average for Small caps: 7.3)

The Kin cryptocurrency is used as money within a digital ecosystem of consumer applications and services. Kin tokens enter circulation via an incentive model referred to as the Kin Rewards Engine, or “KRE,” which rewards the developers that create compelling user experiences with Kin based on their engagement. This offers a software monetization model that incentivizes the adoption of new use cases and creation of value for a cryptocurrency, as well as encouraging the exchange of value between users, as opposed to harvesting user data and attention at no benefit to users themselves.

 

Top movers of the day at 7 pm are xDai Chain and Darwinia Network which has risen by 17.3% since 1 pm. Ether +5.82% and tokens took the baton and have led the way upwards. 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 surged by 2.43%, Bitcoin by 1.65%. The 2100NEWS DA Indexes which measure the performance of various groups of tokens and coins have recorded gains between 0.78% and 4.14% on the day.

Darwinia Network

Darwinia Network (RING)

2100NEWS ranking: 423, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 2.5, (Average for Small caps: 7.3)

Darwinia Network is a decentralized heterogeneous cross-chain bridge protocol built on Substrate, focusing on decentralized cross-chain token swap, exchange, and market. Darwinia also serves as critical infrastructure for single-chain application upgrade to cross-chain version, including Defi, Game, DEX, NFT market, etc. Its vision is to build the future Internet of Tokens.

Top movers of the day at 1 pm are ReserveRights and Orion Protocol which has risen by 11.45% since 10 am. The crypto markets have continued rising. 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 soared 6.67%, Ether 8.75%, and Bitcoin 6.52%. The 2100NEWS DA Indexes which measure the performance of various groups of tokens and coins have recorded gains between 0.92% and 3.10% on the day.

Orion ProtocolOrion Protocol (ORN)

2100NEWS ranking: 217, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 13.5, (Average for Mid-caps: 11)

Orion is the only DeFi platform creating a truly decentralized crypto landscape for businesses + consumers. Their trading terminal aggregates the liquidity of the entire crypto market into one place, embedding robust tools for the most intelligent trades at the best price, every time. Their Broker Pool underpins our DeFi solutions, built to provide the crypto market with the liquidity, accessibility, and growth it needs to succeed.

Top movers of the day at 10 am are Kin and Reserve Rights. SingularityNET has risen by 9.70% since midnight. The crypto markets have consolidated after the sharp rally. 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 soared 4.85%, Ether 3.85%, and Bitcoin 4.54%.

SingularityNETSingularityNET (AGI)

2100NEWS ranking: 151, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100
2100NEWS DA Orderbook Quality Evaluation Grade:  Ordinary, Score: 15, (Average for Tokens: 14.4)

SingularityNET is the protocol specifically designed to solve these problems while opening the AI market to the entire world. SingularityNET enables AI-as-a-service on a permissionless platform, so that anyone can use AI services easily.

 

 

Reserve Rights

Reserve Rights (RSR)

2100NEWS ranking: 65, Large-cap Ethereum based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 15.2, (Average for Large caps: 17.4)

The Reserve Protocol is a decentralized stablecoin system that scales supply with demand and is built to maintain 100% or more on-chain collateral backing. This design strikes a careful balance between stability, decentralization, and profitability while supporting arbitrary increases or decreases in demand. The Reserve Protocol can be implemented on top of any smart contract platform. It could be operated on its own chain, but it benefits from locating itself where collateral tokens are most liquid.

 

 

 



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