Movers of the Day 8-Nov-2021


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

Top mover of the day is SONM (BEP-20) which has soared 34.21% since 7 pm. Frax Share has increased by 3.48% and 0Chain by 7.70%

The crypto markets finished the day in green as illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the past 24 hours. 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins ended between +0.11% and +4.61%. 2100NEWS Digital Assets Total Index (NWST1100) ended +3.58%. Bitcoin ended +5.31%, Ether ended +3.19%.

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

 

SONM SONM (BEP-20) (SNM)

2100NEWS ranking: 778, Microcap Ethereum based Token, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Excellent, Score: 14.5 (Average for Microcap: 6.3)

Sonm provides cloud services based on distributed customer-level hardware, including PCs, mining equipment, and servers. Users can either rent out your hardware or use someone’s computing power for their needs. The SNM token is an internal currency on the Sony computing power marketplace. With SNM, users can get access to the resources provided by Sonm. The main idea of fog computing is the use of a decentralized network formed from disparate individual computing devices instead of a single data center structure.

 

Top movers of the day at 18:10 are Loopring and xDai Chain which has surged 28.45% since 1 pm. Loopring is 16.54% higher. In the afternoon most tokens and coins went up again. Since 1 pm the tokens built on Ethereum measured by 2100NEWS DA Ethereum Based Index (NWSET100) have increased by 0.41%. 2100NEWS Digital Assets Total Index (NWST1100) is 0.38% higher. Ether has increased by 0.83% while Bitcoin has decreased by 0.12%.

 

LRC

Loopring (LRC)

2100NEWS ranking: 79, Large cap Ethereum based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 15.4 (Average for Large caps: 16.8)

Loopring is a protocol for building decentralized exchanges. Besides the protocol smart contracts, Loopring also offers a collection of open-sourced software to help you build decentralized exchanges. Loopring provides higher liquidity and better price by matching orders in the form of order-rings. Each ring may consist of 2 to 16 orders, and tokens will be transferred atomically in a circular way during ring settlement. Loopring is designed to provide matching-as-a-service. Its orders are unidirectional and do not differentiate takers and makers; Loopring’s order-ring is a generalized model of trading-pair; it enables a built-in mechanism for performing arbitrage.

 

The day’s top movers (at 1 am) are SONM and Hacken Token, soaring 160.39% since 9 am. The crypto markets have stopped the rally. At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 major (by market capitalization) crypto assets’ performance, has soared 4.20%, Ether 2.97%, and Bitcoin even 6.62%.

 

HAI

Hacken Token (HAI)

2100NEWS ranking: 455, Small cap Non-Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 5.7 (Average for Small caps: 8.6)

Hacken was founded in 2017 in Kyiv, Ukraine, by security specialists and hackers to deliver cybersecurity solutions to companies and individuals, making histories of success. Now Hacken is a leading cybersecurity consulting company with an essential focus on blockchain security. Hacken Cybersecurity Services is a part of Hacken Group, including CER.live, HackenAI, and HackenProof. From June 2020, CER.live is the unique cybersecurity data provider for CoinGecko Trust Score.

 

Bitcoin +6,6% has led the crypto markets upward, and they have soared. The day’s top movers (at 9 am) are UMA and SONM. Bitcoin Standard Hash has surged by 22.42% since midnight. Over the past 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 major (by market capitalization) crypto assets’ performance, has soared 4.17%, and Ether 4.32%%.

 

BTCST

Bitcoin Standard Hashrate Token (BTCST)

2100NEWS ranking: 204, Mid-cap Non-Ethereum based Token, Index member: NWST1100, NWSM200, NWSOT50, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 9.2 (Average for Mid-caps: 11.9)

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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