Movers of the Day 4-Jan-2021

2100news (19)

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

Top mover of the day is Loopring which has surged 25.04% since 6 pm. API3 has increased by 14.42% while Massnet and Creditcoin are slightly lower: MASS -0.95%, CTC -0.30%.

Most tokens and coins finished the day in red as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. The tokens built on Ethereum measured by 2100NEWS DA Ethereum Based Index (NWSET100) ended -0.51%. Our main 2100NEWS Digital Assets Total Index (NWST1100) ended -2.45%. Bitcoin ended -4.58% while Ether ended +2.92%.

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

 

LRC

Loopring (LRC)

2100NEWS ranking: 56, Large cap Ethereum based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 15.3, (Average for Large caps: 17.1)

Loopring is a protocol for building decentralized exchanges. Besides the protocol smart-contracts, Loopring also offers a collection of open-sourced software to help you build decentralized exchanges. Loopring provides higher liquidity and better price by matching orders in the form of order-rings. Each ring may consist of 2 to 16 orders, and tokens will be transferred atomically in a circular way during ring settlement. Loopring is designed to provide matching-as-a-service, and its orders are unidirectional and do not differentiate takers and makers; Loopring’s order-ring is a generalized model of trading-pair, it enables a built-in mechanism for performing arbitrage.

 

Top movers of the day at 18:10 are Massnet and Marlin which has surged 20.94% since 1 pm. Massnet has increased by 4.60%.

Generally, the crypto markets range within the sideways channel. The large caps measured by 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) are 1.45% lower than yesterday EOD (+2.02% as of 1 pm) while our main 2100NEWS Digital Assets Total Index (NWST1100) is 2.45% lower. Bitcoin is 4.36% lower while Ether is still higher (+3.68%).

 

POND

Marlin (POND)

2100NEWS ranking: 350, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 11.3, (Average for Small caps: 7.4)

Marlin is an open protocol that provides a high-performance programmable network infrastructure for DeFi and Web 3.0. The nodes in the Marlin network, called Metanodes, operate the MarlinVM which provides a virtual router interface for developers to deploy customized overlays and perform edge computations.

 

EXRD

Radix( EXRD)

Warning: Extremely weak order book, no real demand, bid sum < 0.2 BTC

 

Top mover of the day at 13:10 is Creditcoin which has soared 23.44& since morning. BitForex Token is 3.50% higher while the first two on the table are more than 3.6% lower: LRC -3.62%, MASS -3.65%.

Generally, the crypto markets did not stay long on the morning levels. Moreover, they have fallen sharply below yesterday’s closing. Compared to midnight, 2100NEWS DA Indexes are more than 3% lower. Our main 2100NEWS Digital Assets Total Index (NWST1100) has fallen even by 5.22%. Bitcoin and Ether are also lower: BTC -6.77%, ETH -2.07%.

 

CTC

Creditcoin (CTC)

2100NEWS ranking: 63, Large cap, Index member: NWST1100, NWSL100, NWSCo100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 14.5, (Average for Large caps: 17.1)

Launched by a team based in the US, Canada, South Korea, Nigeria, and Estonia, Creditcoin aims to address the lack of credit system among the unbanked in the emerging market. People who cannot access the banking system have to borrow from non-banks. However, credit records with non-banks are not accepted by the banks since they cannot trust the data. The project aims to solve the problem by recording credit transaction history objectively on a public blockchain.

 

Top movers of the day are Loopring and Massnet which has surged 41.79% since midnight. Loopring has increased by 11.51%.

The crypto markets except Bitcoin moved much higher this morning. Since midnight 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins have increased up to 4.67%. 2100NEWS Digital Assets Total Index (NWST1100) which measures performance of 1100 major crypto assets by market capitalization is 1.72% higher. Ether has increased by 10.19% while Bitcoin has decreased by 1.25%.

 

MASS

Massnet (MASS)

2100NEWS ranking: 452, Small cap, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 3, (Average for Small caps: 7.4)

The MASS consensus engine aims to become the basic infrastructure to all blockchain consensus layers. Based on a Proof-of-Capacity consensus protocol, the MASS consensus engine creates a consensus layer that is permissionless, fair, energy efficiency, secure, and universal, ensuring the fundamental security of the public chain. The MASS consensus engine is universal and is capable of providing consensus services across any number of public chains. Nodes use storage capacity to run the consensus protocol and do not require permission. The MASS consensus engine is fair and energy efficient; only a very small amount of computing resources are required, meaning everyone has the chance to participate.

 

DDIM

DuckDaoDime (DDIM)

2100NEWS ranking: 359, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 6.5, (Average for Small caps: 7.4)

DuckDAO is a decentralized incubator that helps promising projects achieve their full potential by leveraging the investment power and buzz making potential of our community. DuckDAO aims to democratize access to investment opportunities that were previously available only to well-heeled investors and venture funds, opening up the closed ecosystem of early-stage crypto project investments to everybody.

 


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