Movers of the Day 21-Nov-2021

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

Top mover of the day is mStable Governance Token: Meta which has surged 49.85% since morning. Crypto.com Coin is 23.84% higher.

Most cryptocurrencies finished the day in red as illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the past 24 hours. The micro caps represented by 2100NEWS Digital Assets 500 MicroCap Index (NWSMi500) ended -0.88%. Our main 2100NEWS Digital Assets Total Index (NWST1100) ended -0.60%. Bitcoin ended -0.98%, Ether ended even -2.14%.

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

 

MTA

mStable Governance Token: Meta (MTA)

2100NEWS ranking: 870, Microcap Ethereum based Token, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 2.6 (Average for Microcap: 6.4)

mStable is an autonomous and non-custodial infrastructure for pegged-value crypto assets. The protocol was created to address three major problems: (1) Significant fragmentation in same-peg crypto assets (there are currently at least 5 major USD pegged crypto assets on Ethereum, for example); (2) Lack of yield in fiat currencies and pegged crypto assets; (3) Lack of protection against permanent capital loss in pegged crypto assets. mStable provides a solution to these three problems through the creation of meta-assets, which are fully backed by a diversified basket of existing tokenised same-base assets. The Meta (MTA) token is mStable’s protocol token and has three functions: coordination of decentralized governance, incentivization of bootstrapping of mAsset liquidity and utility and empowerment of a decentralized community of Governors.

 

CRO

Crypto.com Coin (CRO)

2100NEWS ranking: 18, Blue chip Ethereum based Token, Index member: NWST1100, NWSL100, NWS30, NWSTo100, NWSET100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 17.1 (Average for Blue chips: 21.1)

Crypto.com Coin (CRO) is the native cryptocurrency token of Crypto.com Chain — a decentralized, open-source blockchain developed by the Crypto.com payment, trading, and financial services company. Crypto.com Chain is one of the products in Crypto.com’s lineup of solutions designed to accelerate the global adoption of cryptocurrencies as a means of increasing personal control over money, safeguarding user data, and protecting users’ identities. The CRO blockchain serves primarily as a vehicle that powers the Crypto.com Pay mobile payments app.

 

Top movers of the day are Gifto and PERL.eco. Since midnight Gifto has surged 31.39% and PERL.eco 21.74%.

Most cryptocurrencies started out lower today. Since midnight the large caps measured by 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) have decrreased by 0.95%. 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization has fallen by 1.00%. Bitcoin and Ether are more then 1% lower: BTC -1.09%, ETH -1.24%.

 

GTO

Gifto (GTO)

2100NEWS ranking: 566, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 10.5 (Average for Small caps: 8.7)

Gifto is a decentralized virtual gifting protocol to incentivize and monetize content generation for individuals worldwide. Virtual gifting is a highly effective monetization method for content creators. In 2017, Uplive, AIG’s live streaming platform, generated more than USD 100 MM in revenue through virtual gifting. GIFTO aims to take the gifting model within live streaming and implement it across platforms globally, including YouTube, Instagram, and Snapchat.

 

PERL

PERL.eco (PERL)

2100NEWS ranking: 515, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Excellent, Score: 15.5 (Average for Small caps: 8.7)

PERL.eco focuses on tokenization and achieving broader adoption of ecological-related assets like tokenized carbon assets, genomic biodiversity and more. PERL allows token holders to play a critical role in determining the incentive system, building a wide base of stakeholders, and facilitating economic value flow in the network. PERL holders get to vote on this fee model and distribution, as well as other important decisions.

 

LOOM

Loom Network (LOOM)

2100NEWS ranking: 409, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 13.3 (Average for Small caps: 8.7)

Loom Network is a Platform as a Service built on top of Ethereum, allowing developers to run large-scale decentralized applications. This lets developers build DApps with the trust and security of the world’s most secure public blockchain, along with the computing resources necessary to run commercial-scale services. Like how Filecoin tokenized disk space, Loom aims to be the tokenized application protocol of the new decentralized web.

 


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