Movers of the Day 5-May-2021

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

The top movers of the day are pNetwork and Telcom. Since 7 pm, Lido DAO Token has risen by 17.75%.

The crypto markets have soared, and Coins have led the way up, as illustrated by an adjacent chart showing the NWSCOT Index movement over the last 24 hours. At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) major crypto assets’ performance, has soared 6.14%, Ether 6.51%, and Bitcoin 5.80%.

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

Lido DAO Token (LDO)

2100NEWS ranking: 555, Small cap Ethereum based Token, Index member: NWST1100, NWSS300

2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 7.5, (Average for Small caps: 8.5)

Lido is a decentralized infrastructure for issuing stETH tokens that you can use while staking ETH. Lido allows users to earn staking rewards without locking assets or maintaining staking infrastructure. Staking with Lido is primed to start along with Phase 0 of Ethereum 2.0.

The top movers of the day at 19:10 are Hoge Finance and Ethereum Classic. Since 3 pm, Hoge Finance has surged 27.11% and Ethereum Classic 17.11%. Telcoin is 13.95% higher. In the afternoon, the crypto markets were still up. Since 3 pm 2100NEWS DA Indexes have increased up to 3.20%. 2100NEWS Digital Assets Total Index (NWST1100) is 1.75% higher. Bitcoin has increased by 3.70% and Ether by 1.94%.

 

Hoge Finance (HOGE)

2100NEWS ranking: 454, Small cap Ethereum based Token, Index member: NWST1100, NWSS300

2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 7.1, (Average for Small caps: 8.5)

HOGE is a deflationary cryptocurrency. Every time a transaction occurs with HOGE, 2% of that transaction is distributed and removed (i.e., “burned”) from the total supply. This increases the scarcity of every HOGE coin in circulation. This means that every time HOGE is used, the value of the remaining HOGE tokens in circulation is increased by simultaneously decreasing the supply (deflation) while also distributing HOGE to everyone using the token. As a result of this, every HOGE holder has an incentive to spread the use of HOGE as much as possible as more transactions take place on the network, the individual net-worth of all who own a piece of the network increases as well.

 

The top movers of the day (at 3 pm) are Shopping.io and pNetwork; it has soared 51.78% since 11 am. Coins have led the crypto markets up. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported gains between 1.06% and 4.84%. 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 2.31%, while Ether has fallen by 1.95%, and Bitcoin 0.85%.

 

pNetwork (PNT)

2100NEWS ranking: 129, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100

2100NEWS DA Orderbook Quality Evaluation Grade:  Good, Score: 18.2, (Average for Tokens: 16)

The pNetwork is the increasingly decentralized layer powering and governing the cross-chain pTokens solution. The project is focused on enabling meaningful connections between multiple blockchain environments. pNetwork Portals enable smart contracts living on different blockchains to interact with each other as if they were on the same network.

 

The top movers of the day (at 11 am) are Ethereum Classic and Telcoin; it has surged by 29.15% since midnight. The crypto markets have continued trending sideways. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported gains between 1.18% and 3.23%. 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 2.48%, and Ether 1.00%, while Bitcoin has fallen by 1.43%.

 

Telcoin (TEL)

2100NEWS ranking: 471, Small cap Ethereum based Token, Index member: NWST1100, NWSS300

2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 6.3, (Average for Small caps: 8.5)

Telcoin is a new cryptocurrency based on the Ethereum blockchain distributed by your national telecom operator and made available to everyone, anytime, anywhere. This is the core of our business, and mobile network operators will be at the center of our strategy.

 

Ethereum Classic (ETC)

2100NEWS ranking: 31, Large-cap, Index member: NWST1100, NWSL100, NWSCo100

2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 18.4, (Average for Large caps: 17.9)

Ethereum Classic is a decentralized blockchain platform that lets anyone build and use decentralized applications that run on blockchain technology. Like Bitcoin, no one controls or owns Ethereum Classic – it is an open-source project built by people worldwide. Unlike the Bitcoin protocol, Ethereum Classic was designed to be adaptable and flexible. It is easy to create new applications on the Ethereum Classic platform.

 

PEAKDEFI (PEAK)

2100NEWS ranking: 749, Microcap Ethereum based Token, Index member: NWST1100, NWSMi500

2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 3.7, (Average for Microcap: 4.8)

PEAKDEFI is a decentralized asset management fund created to connect investors and asset managers for capital growth.

 

Dogecoin (DOGE)

2100NEWS ranking: 7, Bluechip, Index member: NWST1100, NWSL100, NWS30, NWSCo100, NWSDM100

2100NEWS DA Orderbook Quality Evaluation Grade:  Extremely Weak, Score: 11.9, (Average for Blue chips: 22.4)

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.