Movers of the Day 7-Oct-2021


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

The day’s top movers are Radicle and WOM Protocol, rising by 9.72% since 7 pm.

As illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the past 24 hours, the crypto markets have trended sideways. At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 major (by market capitalization) crypto assets’ performance, has risen by 0.27% and Ether 1.38%, while Bitcoin has fallen by 1.52%.

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

 

WOM

WOM Protocol (WOM)

2100NEWS ranking: 720, Microcap Ethereum based Token, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 4.5 (Average for Microcap: 6.2)

The WOM Protocol is a brand new user-generated marketing channel that leverages the most effective form of marketing: honest word-of-mouth recommendations.

 

The top movers of the day at 19:10 are WOM Protocol and Nimiq. Since 2 pm WOM Protocol has surged 63.75% and Nimiq 44.38%. Radicle has increased by 4.22%. In the afternoon, the crypto markets came into the sideways channel. Over the past 24 hours, the tokens built on Ethereum measured by 2100NEWS DA Ethereum Based Index (NWSET100) have increased by 1.29%. Ether is almost the same (+0.04%), while Bitcoin has decreased by 1.22%. 2100NEWS Digital Assets Total Index (NWST1100) is 0.45% lower.

 

The crypto markets have consolidated. The day’s top movers (at 2 pm) are Function X and Radicle, surging by 25.11% since 9 am. Since 9 am, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported gains between 0.16% and 3.27%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 major (by market capitalization) crypto assets’ performance, has soared 6.08%, Bitcoin 5.82%, and Ether 5.51%.

 

RAD

Radicle (RAD)

2100NEWS ranking: 263, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 12 (Average for Mid-caps: 11.8)

Radicle is a decentralized network for code collaboration. The project’s mission is to develop resilient infrastructure for open-source communities that is secure, sovereign, and exclusively built on open protocols, not platforms. Radicle’s protocols enable developers to collaborate on code without relying on trusted intermediaries. Its peer-to-peer network is complemented by an opt-in Ethereum smart contract system that enables global names, decentralized organizations, and protocols that help maintainers sustain their open-source work. With Ethereum, Radicle is harnessing the power of Ethereum and DeFi to enable developers to own their collaboration infrastructure truly. Since launching in beta this past December, Radicle has seen over 1,000 projects published to the network and garnered substantial interest from across the Web3 ecosystem.

The crypto markets have risen. The day’s top movers (at 9 am) are Function X and Bitcoin Standard Hashrate Token, soaring 98.78% since midnight; it has soared 367% in October. Bitcoin +5.67% has led the markets upward. At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 major (by market capitalization) crypto assets’ performance, has surged by 2.88% and Ether 1.01%.

 

BTCST

Bitcoin Standard Hashrate Token (BTCST)

2100NEWS ranking: 258, 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: 11.8)

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.

 

FX

Function X (FX)

2100NEWS ranking: 178, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 14.8 (Average for Ethereum based Tokens: 14.4)

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.

 

 



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