Movers of the Day 29-Aug-2021

2100news (15)

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

Top mover of the day is Function X which has soared 94.69% since 9 am. LABS Group has surged 18.38% and WOM Protocol 33.53%.

Most tokens and coins finished the day lower as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. The tokens built on Ethereum measured by 2100NEWS DA Ethereum Based Index (NWSET100) ended -0.48%. 2100NEWS Digital Assets Total Index (NWST1100) ended -0.07%. Bitcoin ended -0.21%, Ether ended -0.32%.

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

 

FX

Function X (FX)

2100NEWS ranking: 239, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 14.8, (Average for Mid-caps: 11.9)

Function X is a next-generation internet service framework. It improves the existing internet and blockchain architecture, combining both worlds’ benefits and using the most commonly-used technical solutions. Function X ecosystem consists of five elements: f(x) operating system, f(x) public blockchain, f(x) FXTP, f(x) docker and f(x) IPFS with the goal to decentralize the Internet. The XPhone is the world’s first mobile device to use the Function X blockchain for telephone calls, messaging, file sharing, and more. Function X (Symbol: FX) is the native “currency” utilized in the Function X blockchain and ecosystem.

 

Top movers of the day are Gitcoin and Bitcoin SV which has surged 26.73% since midnight. Gitcoin has increased by 12.00% and NEST Protocol by 1.66%.

Most tokens and coins moved lower today. Since midnight the large caps measured by 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) have decreased by 0.23%. Moreover, midcaps represented by 2100NEWS Digital Assets 200 Mid Cap Index (NWSM200) are 1.01% lower. 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization has fallen by 0.87%. Bitcoin and Ether are more than 1% lower: BTC -1.02%, ETH -1.68%.

 

GTC

Gitcoin (GTC)

2100NEWS ranking: 271, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 8.5, (Average for Mid-caps: 11.9)

Gitcoin is a platform for you to get paid for working on open source software in Python, Rust, Ruby, JavaScript, Solidity, HTML, CSS, Design, and more.

 

BSV

Bitcoin SV (BSV)

2100NEWS ranking: 30, Blue chip, Index member: NWST1100, NWSL100, NWS30, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 25.9, (Average for Blue chips: 21.5)

Bitcoin SV stands for Satoshi Vision. Stemming from Bitcoin Cash, BSV is a hard fork (community-activated update to the protocol or code) established as distinct from BCH after the network upgrade scheduled for November 15th, 2018 resulted in a hash war determining the chains would be split. According to their website, the Bitcoin SV project is primarily backed by CoinGeek Mining with development work by nChain.

 

NEST

NEST Protocol (NEST)

2100NEWS ranking: 384, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Excellent, Score: 14.1, (Average for Small caps: 8.3)

NEST Protocol is a decentralized price oracle based on Ethereum. NEST provides a creative solution, including collateral asset quotation, arbitrage verification, price chain, beta coefficients, and other modules to form a complete NEST-Protocol.

 

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