Movers of the Day 20-July-2021


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

The day’s top movers are Celo and Fetch.ai, surging by 20.59% since 7 pm.

As illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the last 24 hours, the crypto markets ended in the red. At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) major crypto assets’ performance, has dropped by 3.59%, Bitcoin 3.39%, and Ether by 1.52%.

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

 

FetchFetch AI (FET)

2100NEWS ranking: 127, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100
2100NEWS DA Orderbook Quality Evaluation Grade:  Good, Score: 17.7, (Average for Tokens: 14.4)

Fetch.ai is a platform that aims to connect Internet of Things (IoT) devices and algorithms to enable collective learning. It was launched in 2017 by a team based in Cambridge, UK. Fetch.ai is built on a high-throughput sharded ledger and offers smart contract capabilities to deploy machine learning and artificial intelligence solutions for decentralized problem-solving. These open-source tools are designed to help users create ecosystem infrastructure and deploy commercial models.

The day’s top movers (at 7 pm) are UNUS SED LEO and Quant, rising by 17.64% since 2 pm. The crypto markets have rebounded. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -2.87% and -6.82%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) major crypto assets’ performance, has plunged by 4.01%, Bitcoin 3.27%, and Ether by 1.96%.

 

QuantQuant (QNT)

2100NEWS ranking: 84, Large-cap Ethereum based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSET100
2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 10.3, (Average for Large caps: 16.6)

Quant Network or Overledger is the blockchain Operating System (OS) for the future. It empowers applications to function across multiple blockchains. Overledger securely removes the barriers that prohibit communication across multiple blockchains, providing endless possibilities for your data and applications. Overledger is the blockchain operating system that provides the ability to distribute value and applications across current and future blockchains without being limited to a single technology or method.

The day’s top movers (at 2 pm) are UNUS SED LEO and Dash. Render Token has risen by 5.01% since 9 am. the crypto markets have stopped falling. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -3.49% and -7.75%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) major crypto assets’ performance, has plunged by 6.87%, Bitcoin 4.10%, and Ether by 3.96%.

 

RNDR

Render Token (RNDR)

2100NEWS ranking: 321, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 5.3, (Average for Small caps: 8.2)

RenderToken is a distributed GPU rendering network built on top of the Ethereum blockchain, aiming to connect artists and studios in need of GPU compute power with mining partners willing to rent their GPU capabilities out. RNDR is an ERC-20 utility token used by artists on the network to exchange for GPU compute power from GPU providers (node operators).

The day’s top movers (at 9 am) are UNUS SED LEO and Dash. Golem has risen by 5.58% since midnight. The crypto markets have plunged. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -2.92% and -6.69%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) major crypto assets’ performance, has plummeted by 7.71%, Bitcoin 6.25%, and Ether even by 7.61%.

 

GLM

Golem (GLM)

2100NEWS ranking: 129, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100
2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 10.4, (Average for Ethereum based Tokens: 14.4)

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 control 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.

DASH

Dash (DASH)

2100NEWS ranking: 44, Large-cap, Index member: NWST1100, NWSL100, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 22.3, (Average for Large caps: 16.6)

Dash is a digital currency that enables anyone anywhere in the world to make quick, easy, and cheap payments at any time without going through a central authority. Based on a decentralized peer-to-peer network and secured by strong cryptography, Dash offers a safe and user-friendly payment method without barriers. Dash is portable, inexpensive, divisible, and fast digital cash for both the internet and everyday life.

 

BTCST

Bitcoin Standard Hashrate Token (BTCST)

2100NEWS ranking: 195, Mid-cap Non-Ethereum based Token, Index member: NWST1100, NWSM200, NWSOT50
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 9.2, (Average for Mid-caps: 12)

Bitcoin Standard Hashrate Token solves the limited number of exit options – a significant impediment to participation in Bitcoin mining by bringing exchange-grade liquidity to Bitcoin mining. Each BTCST is collateralized by 0.1 terahash per second (“TH/s”) of Bitcoin mining power. By staking BTCSTs, holders of the tokens will receive daily Bitcoin distributions corresponding to the mining power staked. What is more, because the market price of BTCST is determinable as the discounted cash flow of the underlying mining power, BTCST in secondary trading will perform as a leveraged Bitcoin token free from liquidation risk. BTCST will create an efficient market for Bitcoin mining power.

 



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