Movers of the Day 17-Oct-2021

2100news (16)

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

Top movers of the day are Syscoin and KeeperDAO. Since morning Syscoin has soared 68.61%. KeeperDAO is 0.94% higher. 88mph has surged 46.90%.

In the afternoon the crypto markets turned down and finished the day in red as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins ended between -0.24% and -2.05% (NWSCo100). 2100NEWS Digital Assets Total Index (NWST1100) ended -1.09%. Bitcoin ended -0.38%, Ether ended -1.58%.

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

 

SYS

Syscoin (SYS)

2100NEWS ranking: 195, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 13.2 (Average for Coins: 15.1)

As well as a cryptocurrency, Syscoin is meant to be a global network, a distributed ledger, a decentralized database, and a blockchain. Aiming to help developers create and implement decentralized applications and enable the development of custom decentralized marketplaces, Syscoin aims to cut out the middlemen of online retail.

 

MPH

88mph (MPH)

2100NEWS ranking: 648, Microcap Ethereum based Token, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 7.9 (Average for Microcap: 6.2)

88mph is a fixed-rate yield-generation protocol. At the moment, 88mph uses a linear model for determining the fixed interest rate offered to depositors. 88mph keeps track of the Exponential Moving Average (EMA) of the underlying yield protocol’s APY over roughly a monthly window, and offers 75% of the EMA as the fixed rate.

 

Top movers of the day are KeeperDAO and Proton. Since midnight KeeperDAO has surged 41.61% and Proton 24.16%. IoT Chain has increased by 2.40%.

Today the crypto markets started out higher. Since midnight the tokens built on Ethereum measured by 2100NEWS DA Ethereum Based Index (NWSET100) have increased by 0.26%. The coins represented by 2100NEWS DA Coin Index (NWSCo100) are o.62% higher. Our main 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization has increased by 0.45%. Ether has increased by 1.44% while Bitcoin is slightly lower (-0.07%).

 

ITC

IoT Chain (ITC)

2100NEWS ranking: 1056, Microcap Ethereum based Token, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 10.8 (Average for Microcap: 6.2)

IoT Chain is a secure, efficient and shareable digital currency. ITC is the solution to the safety problems of present IoT. This can be achieved thanks to the combination of asymmetric encryption of cryptography, semi-homomorphic-encryption ciphertext computing technology, and decentralized architecture without the data center.

 

ROOK

KeeperDAO (ROOK)

2100NEWS ranking: 437, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 6.8 (Average for Small caps: 8.4)

KeeperDAO provides the infrastructure to make DeFi more secure, profitable and egalitarian through coordinating, capturing, and redistributing on-chain profit (MEV) back to users, protocols and Keepers. By attracting independent Keepers and coordinating their access to certain shared resources – namely various blockchain networks and settlement layers such as Ethereum – Keepers will be able to more efficiently capture on-chain profit – for example by executing an arbitrage or liquidation – and more fairly redistribute that profit to those that add value to the network – the users, protocols and Keepers – without it being destroyed through contention or the extraction of MEV. In addition to this, KeeperDAO designs and builds its own unique products for use by individual and institutional users, and routes the orders from these products through its community of Keepers for their exclusive execution.

 

XPR

Proton (XPR)

2100NEWS ranking: 313, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 9 (Average for Small caps: 8.4)

Proton was developed as a joint effort by two companies: Metal and Lynx. Both companies share a vision of making crypto more accessible to everyday consumers, and both have independently made significant progress towards that goal. Metal has built a compliant, consumer friendly platform for peer to peer payments. Lynx has developed an app-focused blockchain. Proton combines the elements of both efforts into a single unified offering. Together, they are a technical team of entrepreneurs that rapidly turn ideas into working products ready for real-world application.

 


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