Movers of the Day 17-Jun-2021

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

The top movers of the day are mStable Governance Token and XDC. DERO has surged by 20.00% since 8 pm.

As illustrated by an adjacent chart showing the NWSBCT Index (Blue Chips) movement over the last 24 hours, the crypto markets trended sideways. At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) major crypto assets’ performance, has fallen by 1.89%, Ether 0.63%, and Bitcoin by 1.26%

 

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

DERO

Dero (DERO)

2100NEWS ranking: 598, Small cap, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 3.1, (Average for Small caps: 8.2)

The Dero Project has written a unique new blockchain technology that is based on the CryptoNote protocol. Dero’s goal is to create a unique state-of-the-art blockchain technology with enhanced reliability, privacy, security, usability, and portability by bringing together some of the best-proven technologies like the CryptoNote protocol and smart contracts, thereby allowing for the creation of truly private smart contracts.

The top movers of the day at 20:10 are mStable Governance Token: Meta (MTA) and NuCypher. Since 3 pm mStable Governance Token: Meta has surged 38.32% and NuCypher 20.70%. Enecuum is 11.63% lower. The crypto markets were going down in the afternoon. 2100NEWS DA Indexes have fallen between 1.81% and 4.15%. 2100NEWS Digital Assets Total Index (NWST1100) is 2.54% lower. Bitcoin has decreased by 2.63% and Ether 2.80%.

 

MTA

mStable Governance Token: Meta (MTA)

2100NEWS ranking: 794, Microcap Ethereum based Token, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 2.6, (Average for Microcap: 5.6)

mStable is an autonomous and non-custodial infrastructure for pegged-value crypto assets. It is built on Ethereum and Polygon. mStable assets (mAssets) are built to an autonomous and non-custodial pegged asset layer for Decentralised Finance (DeFi). mStable was created to address three major problems that confront pegged crypto-asset users: (1) significant fragmentation in same-peg crypto assets (there are currently over 5 major USD pegged crypto assets on Ethereum, for example); (2) lack of yield in fiat currencies and pegged crypto assets; (3) lack of protection against permanent capital loss in pegged crypto assets. mAssets represent some underlying value peg and are minted/redeemed on-chain via smart contracts.

 

The day’s top movers (at 3 pm) are Massnet and Enecuum; it has risen by 13.16% since 11 am. The crypto markets have experienced a pullback. At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) major crypto assets’ performance, has fallen by 0.92%, Ether even 2.21%, and Bitcoin by 0.57%

 

ENQ

Enecuum (ENQ)

2100NEWS ranking: 667, Microcap, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 4.8, (Average for Microcap: 5.6)

Enecuum is a blockchain mobile network for decentralized applications. It was created as a decentralized ecosystem to bring the blockchain and cryptocurrencies to the real mainstream, involving a crowd with regular mobile and desktop devices into the blockchain network. Enecuum allows each smartphone owner to be a part of our global network.

 

The day’s top movers (at 11 am) are Stone DeFi and Massnet; it has risen by 12.86% since midnight. The crypto markets have rebounded. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported gains between 0.82% and 1.86%. 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 1.72%, Ether even 3.22%, and Bitcoin by 1.83%

 

MASS

Massnet (MASS)

2100NEWS ranking: 624, Microcap, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 3, (Average for Microcap: 5.6)

The MASS consensus engine aims to become the basic infrastructure for all blockchain consensus layers. Based on a Proof-of-Capacity consensus protocol, the MASS consensus engine creates a consensus layer that is permissionless, fair, energy-efficient, secure, and universal, ensuring the fundamental security of the public chain. The MASS consensus engine is universal and can provide consensus services across any number of public chains. Nodes use storage capacity to run the consensus protocol and do not require permission. In addition, the MASS consensus engine is fair and energy-efficient; only a minimal amount of computing resources are required, meaning everyone has the chance to participate.

 

CUDOS

CUDOS (CUDOS)

2100NEWS ranking: 654, Microcap Ethereum based Token, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 10, (Average for Microcap: 5.6)

Cudos is a staking and computing token engineered to power the CUDOS network and transfer part of the value generated on the Cudo network to users who stake CUDOS. The CUDOS token is a qualification, discount, and staking token. As a discount token, it is used to transact and stake in the CUDOS network and to transfer part of the value generated on the Cudo network to users who stake CUDOS. CUDOS can also be kept, shared, or donated to charity. In the CUDOS network, the key functions of the token are: 1, Staking 2,000,000 CUDOS to become a CUDOS Validator Node and get rewards; 2, Delegated staking to support other CVNs; 3, MoE powering the on-chain CUDOS network; 4, Staking for discounts. In the Cudo ecosystem, the token can be used for: 1, Staking to receive a discount in fees or share the revenue from fees; 2, Staking to qualify for jobs and earn greater revenue.


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