Movers of the Day 29-Jan-2021

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

Top movers of the day are BitShares and Myriad which has soared 37.61% since 7 pm. BitShares has increased by 2.27% amd Dogecoin by 14.93%.

The crypto markets finished the day in green as illustrated by an adjacent chart that shows the movement of the NWSBCT Index (Blue Chips) over the last 24 hours. 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins ended up to +3.06%. Our main 2100NEWS Digital Assets Total Index (NWST1100) ended +2.08%. Bitcoin ended +2.34%, Ether ended +3.18%.

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

 

XMY

Myriad (XMY)

2100NEWS ranking: 1053, Micro cap, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 3, (Average for Micro cap: 4.4)

Myriad is a cryptocurrency that supports 5 algorithms, catering for ASIC, GPU and CPU mining. Currently, those algorithms consist of SHA256d, Scrypt, Myr-Groestl, Argon2d, and Yescrypt. Myriad’s multi-algorithm approach offers 51% attack resistance as a range of different hardware would be needed to find 51% of the blocks. Merge mining is available on the SHA256d and Scrypt algorithms, enabling Myriad to take advantage of the hashrates used by the coins leveraging these algorithms (BTC, LTC)

 

Top movers of the day at 7 pm are Leverj Gluon and ReddCoin. Opium Network has soared 62.04% since 2 pm. Crypto markets have experienced a pullback. The 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) major crypto assets’ performance, has soared  6.58%, Bitcoin even 10.5%, and Ether has surged by 1.92%.

 

Opium Network Opium Network (OPIUM)

2100NEWS ranking: 985, Microcap Ethereum based Token, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 2, (Average for Microcap: 4.4)

Opium.network describes itself as a universal protocol designed to create, settle, and trade derivatives in a trustless way.

 

Top movers of the day at 2 pm are BitShares and Leverj Gluon, which has soared 34.86% since 9 am.  Crypto markets have experienced a sharp Bitocin rally. Bitcoin’s short squeeze has still led the way up. The 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) major crypto assets’ performance, has soared  12.73%, Bitcoin even 18.66%, and Ether 7.26%.

L2 Leverj Gluon (L2)

2100NEWS ranking: 577, Small cap, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 5.3, (Average for Small caps: 7.3)

Leverj decentralizes the most desirable derivatives trading features by implementing them in cryptocurrencies and eliminating points of friction. With a tight focus on derivatives trading and the supporting ecosystem, Leverj has taken the approach of defining the product first. We have built a functioning exchange with a usable UI (user interface), decentralized identity, and provable audit. We plan to decentralize the back-end and add ecosystem features that will enable large players to move into the cryptocurrency world.

 

The top movers of the day at 9 am, are BitShares and Dogecoin. ReddCoin has soared 105.09% since midnight. Crypto markets continued rising. Over the last 24 hours. Bitcoin’s squeeze has led the way up. At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) major crypto assets’ performance, has soared  5.51%, Bitcoin 7.55%, and Ether 3.07%.

ReddCoin ReddCoin (RDD)

2100NEWS ranking: 183, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 10, (Average for Coins: 14.7)

Launched in 2014 as a fork of Litecoin, Reddcoin is a decentralized cryptocurrency used to tip or send social content payments. The Reddcoin API supports social platforms such as Reddit, Twitter, and Twitch. Accounts created on the Reddcoin wallet can be linked to Twitter, Twitch, and Reddit accounts. Upon downloading the ReddID browser extension, users can “like” content by entering the username and sending a micropayment. The ReddID wallet mines RDD through Proof-of-Stake-Velocity (PoSV), which incentivizes both ownership (stake) and activity (velocity).

 

DOGE

Dogecoin (DOGE)

2100NEWS ranking: 56, Large-cap, Index member: NWST1100, NWSL100, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 11.9, (Average for Large caps: 17.2)

Dogecoin is an open-source, peer-to-peer digital currency favored by Shiba Inus worldwide. Dogecoin is a decentralized, peer-to-peer digital currency that enables you to send money online easily. Think of it as “the internet currency.” One of the most popular uses for Dogecoin is “tipping” fellow internet-goers who create or share great content. Think of it as a more meaningful “like” or upvote, with real value that can be used all across the internet.

 

 


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