Movers of the Day 6-Nov-2021

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

Top movers of the day are Edgeware and Nervos Network. Since morning Edgeware has soared 77.87%. Nervos Network has surged 24.81% and OriginTrail 18.67%.

After higher start of the day the crypto markets went down sharply but then they were climbing back in the afternoon to finish the day in green. Today’s crypto market movement is illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. The large caps measured by 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) ended +0.93%. 2100NEWS Digital Assets Total Index (NWST1100) ended +0.87%. Bitcoin ended +0.58%, Ether ended +1.30%.

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

 

EDG

Edgeware (EDG)

2100NEWS ranking: 340, Small cap, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 9.1 (Average for Small caps: 8.6)

Edgeware is a high-performance, self-upgrading WASM smart contract platform, in the Polkadot ecosystem.

 

CKB

Nervos Network (CKB)

2100NEWS ranking: 140, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 11.8 (Average for Coins: 15.2)

The Nervos Network is an open-source, public blockchain ecosystem and collection of protocols solving the biggest challenges facing blockchains like Bitcoin and Ethereum today. The Nervos CKB (Common Knowledge Base) is layer 1, proof of work public blockchain protocol of the Nervos Network. It allows any crypto-asset to be stored with the security, immutability, and permissionless nature of Bitcoin while enabling smart contracts, layer 2 scaling, and captures the total network value through its “store of value” crypto-economic design and native token, the CKByte.

 

Top movers of the day are Opacity and Vectorspace AI. Since midnight Opacity has surged 44.55% and Vectorspace AI 26.84%. Liquity has increased by 7.74%.

The crypto markets started out higher today. Since midnight 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins have increased up to 1.89% (NWSOT50). Our main 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 0.63% higher. Similarly, Ether has increased by 0.59% and Bitcoin only 0.26%.

 

OPCT

Opacity (OPCT)

2100NEWS ranking: 990, Microcap Ethereum based Token, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 2.9 (Average for Microcap: 6.3)

Opacity is a cloud storage provider with one major difference, privacy. Opacity does not require any personal identification information. Their cryptocurrency token, OPCT, powers the storage platform that encrypts and dices your files to store them securely across multiple storage nodes.

 

LQTY

Liquity (LGTY)

2100NEWS ranking: 616, Microcap Ethereum based Token, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 2.9 (Average for Microcap: 6.3)
Liquity is a decentralized borrowing protocol that allows you to draw interest-free loans against Ether used as collateral. Loans are paid out in LUSD (a USD pegged stablecoin) and need to maintain a minimum collateral ratio of 110%. In addition to the collateral, the loans are secured by a Stability Pool containing LUSD and by fellow borrowers collectively acting as guarantors of last resort. Learn more about these mechanisms in our documentation. Liquity as a protocol is non-custodial, immutable, and governance-free.

 

VXV

Vectorspace AI (VXV)

2100NEWS ranking: 344, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 7.5 (Average for Small caps: 8.6)

Vectorspace AI is a data-focused crypto startup, the easiest way to understand what we do would be to jump right into it by observing a real-life event that resulted in an opportunity to profit based on our Natural Language Processing and Understanding (NLP/NLU) real-time datasets and connected to what is called ‘information arbitrage’. The platform, which includes datasets and products that can be built on top of them, enable known and hidden relationship detection in data. Their datasets can be used to cluster entities that have known and hidden relationships to outside events, global trends or news. These clusters can represent networks of suppliers, companies working on similar drugs or any entity that might have symbiotic, parasitic or sympathetic latent entanglement with another entity, event or global trend.

 


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