Movers of the Day 17-Apr-2021

2100news (18)

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

Top movers of the day are Time New Bank and Vertcoin which has surged 53.85% since 10 am. Myriad has increased by 17.87% while Time New Bank has decreased by 2.87%.

After higher start of the day the crypto markets turned down and most of them 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. Blue Chips measured by 2100NEWS Digital Assets 30 Blue Chip Index (NWS30) ended -0.57%. Our main 2100NEWS Digital Assets Total Index (NWST1100) ended -0.19%. Bitcoin ended -0.85%, Ether ended -1.99%.

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

 

VTC

Vertcoin (VTC)

2100NEWS ranking: 301, Mid-cap, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 12.8, (Average for Mid-caps: 13)

Vertcoin is not only a virtual currency but also a software project. Besides Bitcoin-like blockchain currency, Vertcoin has other features like ASIC resistant Proof-of-work (PoW) function and Stealth Address technology. The feature that makes Vertcoin differ from Bitcoin is the latter’s resistance to centralized mining and the long-term commitment of Vertcoin creators to keep it that way.

 

XMY

Myriad (XMY)

2100NEWS ranking: 894, Micro cap, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 3, (Average for Micro cap: 4.7)

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 are Time New Bank and Siacoin. Since midnight Time New Bank has surged 101.11% and Siacoin 31.84%. MonaCoin has increased by 23.06%.

The crypto markets moved higher this morning. Since midnight 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins have increased 5.31% (NWSDM100). 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 2.29% higher. Bitcoin has increased by 1.00% and Ether by 0.70%.

 

TNB

Time New Bank (TNB)

2100NEWS ranking: 653, Micro cap Ethereum based Token, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Excellent, Score: 9.4, (Average for Micro cap: 4.7)

Miao’A International Timechain (M.I.T) is dedicated to building a precision time-valuebased transmission network. Time New Bank is digital currency, based on a blockchain technology underlying platform, aiming to establish a time-value transmission network which comprises prominences of decentralization, internationalization, payment flexibility, pricing transparency, and strong protection of rights and proof-of-stake.

 

SC

Siacoin (SC)

2100NEWS ranking: 144, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 11.3, (Average for Coins: 15.7)

Sia is a decentralized storage system. Users in the world can contribute disk storage from their computers to create a decentralized network. With Sia cryptos, users can easily rent storage from hosts on Sia system, which is achieved through smart storage contracts saved on the distributed Sia blockchain.

 

MONA

MonaCoin (MONA)

2100NEWS ranking: 302, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 10.6, (Average for Coins: 15.7)

Monacoin, conceived in the December of 2013, is the first alternative cryptocurrency developed in Japan. It is based on the popular ASCII art character, Mona. Monacoin is not a payment system controlled by one single entity, but a fully distributed payment system preserved by everyone who uses it via client applications running on their computers.

 


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