Movers of the Day 19-Feb-2021

2100news (17)

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

Top movers of the day are BakeryToken and Gatechain Token. Since 7 pm BakeryToken has surged 20.18% and Gatechain Token 12.27%. Binance Coin has increased by 10.44%.

The crypto markets finished the day in green as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS DA Indexes ended between +1.41% and +17.93% (NWSET100). 2100NEWS Digital Assets Total Index (NWST1100) ended +7.19%. Bitcoin ended +7.87%, Ether ended +0.88%.

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

 

BAKE

BakeryToken (BAKE)

2100NEWS ranking: 1073, Micro cap Non Ethereum based Token, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 7.2, (Average for Micro cap: 4.4)

BakerySwap bills itself as the next iteration of Uniswap. It aims to be a faster, cheaper, and tastier version of Uniswap. Liquidity providers will be rewarded with BAKE tokens from which they can earn a share of BakerySwap’s trading fees and use for voting as part of BakerySwap’s governance. The team is an anonymous group of developers who believe in the future of decentralized autonomous organizations (DAO).

 

Top movers of the day at 19:10 are Gatechain Token and SIX which has soared 45.73% since 2 pm. Gatechain Token has surged 27.67% and MX Token 25.95%. In the afternoon the crypto markets were still going up. Since 2 pm 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins have increased up to 3.48%. Our main 2100NEWS Digital Assets Total Index (NWST1100) is 2.70% higher. Bitcoin has increased by 3.89%, reaching a new record of over $ 55,300 (on Bitstamp). Ether is 1.96% higher.

 

GT

Gatechain Token (GT)

2100NEWS ranking: 149, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 15.6, (Average for Tokens: 15.3)

GateChain is a next-generation public blockchain, focused on onchain asset safety and decentralized trading. With a uniquely designed Vault Account, primed for handling abnormal transactions, GateChain presents an extraordinary clearing mechanism, tackling the challenges of asset theft and private key loss. Decentralized trading and cross-chain transfers will also be supported, alongside other core features.

 

Top movers of the day (at 1 pm) are BakeryToken and Burger Swap which has surged by 28.93% since 10 am. The tokens built on Ethereum have still led the crypto markets on the way up. In the last 24 hours the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) major crypto assets’ performance, has surged by 3.24%, Bitcoin 2.27%, and Ether by 1.22%.

 

BURGER

Burger Swap (BURGER)

2100NEWS ranking: 507, Small cap, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 3.8, (Average for Small caps: 7.5)

BurgerSwap is the first democratized decentralized AMM on Binance Smart Chain, built without the control of any centralized entity, through smart contracts. BurgerSwap has been developed based on the DEMAX decentralized finance platform built on Binance Smart Chain, enabling a swapping mechanism with democratic decentralized mechanics which allows changing parameters by the community through transparent voting.

 

The top movers of the day (at 10 am) are DODO and Burger Swap. Golem has soared 43.27% since midnight. Tokens built on Ethereum have led the crypto markets on the way up. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) major crypto assets’ performance, has risen by 2.25%, Bitcoin 0.41%, and Ether by 1.49%.

 

GLM

Golem (GLM)

2100NEWS ranking: 166, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSET100
2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 13.0, (Average for Ethereum based Tokens: 15.1)

Golem is a decentralized marketplace for computing power. It enables CPUs and GPUs to connect in a peer-to-peer network, enabling both application owners and individual users (“requestors”) to rent resources from other users’ (“providers”) machines. These resources can be used to complete tasks requiring any amount of computation time and capacity. Nowadays, centralized cloud providers are in control of these services, and these platforms are constrained by closed networks, proprietary payment systems, and hard-coded provisioning operations. Golem proposes an open-source, decentralized, and user-controlled alternative.

 

DODO

DODO (DODO)

2100NEWS ranking: 282, Mid-cap, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 7.5, (Average for Mid-caps: 12.1)

DODO is a next-generation on-chain liquidity provider, which leverages the Proactive Market Maker algorithm (PMM) to provide pure on-chain and contract-fillable liquidity for everyone.

 

Polymath

Polymath (POLY)

2100NEWS ranking: 165, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 12.7, (Average for Ethereum based Tokens: 15.3)

The Polymath Network is a blockchain-based system to coordinate and incentivize participants to collaborate and launch financial products on the blockchain. The Polymath team aims to create a standard token protocol that embeds defined requirements into the tokens themselves to ease the primary issuance and secondary trading of blockchain securities tokens.

 


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