Movers of the Day 26-October


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

Top movers of the day are Kusama and Kin. Melon has surged by 22.5% since 6 pm.

The crypto markets have rebounded 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 fallen by 0.88%, Ether even by 3.13% while Bitcoin has increased by 0.34%. The 2100NEWS DA Indexes which measure the performance of various groups of tokens and coins have recorded losses up to 2.65%.

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

MelonMelon (MLN)

2100NEWS ranking: 189, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 8.4, (Average for Tokens: 14.4)

Melon, which means “destined to be” in Greek, is blockchain software that attempts to empower participants to set up, manage and invest in technology regulated digital investment funds.

Top movers of the day at 6 pm are YFValue and Kin which has surged by 27.94% since 1 pm. Ether -4.43% has led the way down, so the crypto markets have plunged. 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 dropped by 2.57%, Bitcoin by 0.62%. The table below shows that the 2100NEWS DA Indexes which measure the performance of various groups of tokens and coins have recorded losses between 0.41% and 3.84% on the day.

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

Kin

Kin (KIN)

2100NEWS ranking: 361, 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 1 pm are Filecoin and TradeSyscoin which has increased by 4.6% since 10 am. The crypto markets have continued trading sideways. 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 increased by 0.77%, Bitcoin by 1.58% while Ether has decreased by 0.36%.

UnitradeUnitrade (TRADE)

2100NEWS ranking: 378, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 9.3, (Average for Small caps: 7.3)

UniTrade is a completely decentralized trading platform in the DeFi space that is built on top of UniSwap liquidity pools and requires no KYC, no accounts, they have no trading limits.

Top movers of the day at 10 am are Filecoin and Syscoin which has soared 31.02% since midnight. The crypto markets have traded sideways. 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 increased by 0.47%, Bitcoin by 0.70% while Ether has decreased by 0.48%.

SyscoinSyscoin (SYS)

2100NEWS ranking: 182, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade:  Ordinary, Score: 13.2, (Average for Coins: 14.6)

As well as a cryptocurrency, Syscoin is meant to be a global network, a distributed ledger, a decentralized database and a blockchain. Aiming to help developers to create and implement decentralized applications as well as enabling the development of custom decentralized marketplaces, Syscoin aims to cut out middlemen of online retail.

 

Filecoin

Filecoin (FIL)

2100NEWS ranking: 44, Large-cap, Index member: NWST1100, NWSL100, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 17.6, (Average for Large caps: 17.3)

Filecoin is a decentralized storage system that aims to “store humanity’s most important information.” Filecoin is an open protocol and backed by a blockchain that records commitments made by the network’s participants, with transactions made using FIL, the blockchain’s native currency. The blockchain is based on both proof-of-replication and proof-of-spacetime. Filecoin aims to store data in a decentralized manner. Unlike cloud-storage companies like Amazon Web Services or Cloudflare, which are prone to the problems of centralization, Filecoin leverages its decentralized nature to protect the integrity of a data’s location, making it easily retrievable and hard to censor.



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