Movers of the Day 8-Mar-2021
Tokens and coins that moved the most in the last 24 hours:
Top mover of the day is Chiliz which has surged 21.19% since 7 pm. SYNC Network has increased by 3.45% and Chromia by 1.16%.
The crypto markets finished the day higher as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins ended up to +9.73%. 2100NEWS Digital Assets Total Index (NWST1100) ended +0.66%. Bitcoin ended +0.17%, Ether ended +2.75%.
To find out based on which criteria have been selected, please read the notes.
Chiliz (CHZ)
2100NEWS ranking: 159, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100, NWSDM100 |
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 12.6, (Average for Tokens: 15.9) |
Chiliz is a digital currency that fuels sports and entertainment platforms and is also the official, exclusive cryptocurrency that fuels the Socios.com fan voting platform. Socios.com allows sports and esports fans to crowd-manage their favourite teams, games, leagues and events.
Top movers of the day at 19:10 are TrueFeedBack and Chromia which has surged 16.86% since 2 pm. TrueFeedBack has increased by 8.16%. Most tokens and coins are slightly higher. Since 2 pm the tokens built on Ethereum measured by 2100NEWS DA Ethereum Based Index (NWSET100) have increased by 0.86%. 2100NEWS Digital Assets Total Index (NWST1100) has increased by 0.23%. Similarly, Ether is 0.20% higher while Bitcoin is 0.11% lower.
Chromia (CHR)
2100NEWS ranking: 328, Small cap Ethereum based Token, Index member: NWST1100, NWSS300 |
2100NEWS DA Orderbook Quality Evaluation Grade: Excellent, Score: 17.2, (Average for Small caps: 7.8) |
Chromia is a new blockchain platform for decentralized applications, conceived in response to the shortcomings of existing platforms and designed to enable a new generation of dapps to scale beyond what is currently possible. Chromia gives power to developers to give power to the public. Chroma is a meta token native to Chromia. It serves as a medium for exchange and an economic balancing tool for dapps deployed on Chromia. It: – Enables dapps to pay for system resource usage – Enables resource conversion between dapps – Enables smart contract automatic conversion – Enables liquidity and profit-sharing – Provides a mechanism for validator nodes to stake a security deposit for participation in the public network.
The top movers of the day (at 2 pm) are Mantra DAO and DeXe.network. SYNC Network has soared 66.81% since 11 am. The crypto markets have rebounded in a sideways trend. At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) major crypto assets’ performance, has risen by 2.04%, Bitcoin 0.34%, and Ether even by 3.94%.
SYNC Network (SYNC)
2100NEWS ranking: 612, Microcap Ethereum based Token, Index member: NWST1100, NWSMi500 |
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 6.3, (Average for Microcap: 4.5) |
The SYNC Network is a Layer 2 platform that creates cryptocurrency bonds that earn interest via Non-Fungible Tokens (NFTs). The network uses ‘CryptoBonds,’ a new sort of financial primitive, to create digital interest-earning assets with a twist — receiving principal amounts plus earned interest in a fully trade-able NFT that can be sold secondary markets like OpenSea and Rarible any time. The SYNC Network’s goal is to bring stability and risk mitigation to DeFi by providing long-term staking, or ‘CryptoBonds,’ to Automated Market Makers (AMMs) like Uniswap.
The top movers of the day (at 11 am) are Pixel and DeXe.network; it has soared 33.29% since midnight. The crypto markets have experienced a pullback in a sideways trend. On the day, the 2100NEWS DA Indexes reported losses between -0.70% and -3.17%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) major crypto assets’ performance, has fallen by 1.32%, Bitcoin 1.33%, while Ether has increased by 0.07%.
DeXe (DEXE)
2100NEWS ranking: 533, Small cap Non-Ethereum based Coin, Index member: NWST1100, NWSS300 |
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 8.8, (Average for Small caps: 7.8) |
The DeXe token (DEXE) claims to enable the open and permissionless system. Following protocol rules and contributing resources facilitates consensus between participants. The token has two vital functions: Automatic buyback and distribution among insurance vault, farming rewards among token holders, and burning of tokens for a % of traders’ rewards. Participation in DeXe DAO. It is not required to be a DEXE token holder to participate in DeXe.network and benefit from several social trading functions. Moreover, DeXe is uploading DEXE smart contract into the open-source community, which is free speech and is the fundamental tenant of its Memorandum. However, to fully participate in the community, receive the voting right, contribute through proposals, and benefit from the incentives inside the network, to become a DAO member, users are required to acquire DEXE.