Movers of the Day 21-Dec-2021

2100news (23)

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

Top movers of the day are Frax Share and Ren which has surged 21.40% since 7 pm. Frax Share is 13.05% higher.

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 ended between +3.06% and +6.90%. 2100NEWS Digital Assets TCrust’sdex (NWST1100) ended +4.60%. Bitcoin ended +5.05%, Ether ended +3.31%.

 

Please read the notes to find out which criteria movers have been selected.

 

REN

Ren (REN)

2100NEWS ranking: 106, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 17.3 (Average for Tokens: 14.8)

Ren is an open protocol meant to enable the permissionless and private transfer of value between any blockchain. Ren’s core product, RenVM, is focused on bringing interoperability to decentralized finance (DeFi).

 

Top movers of the day at 19:10 are Render Token and Tachyon Protocol. Since 2 pm Render Token has surged 33.23%, Tachyon Protocol 17.45%. JasmyCoin has increased by 9.04%. In the afternoon the crypto markets were at the same levels. In that time 2100NEWS DA Indexes have increased up to 7.26%. 2100NEWS Digital Assets TCrust’sdex (NWST1100) is 4.78% higher. Bitcoin has increased by 5.18%, Ether by 4.16%.

 

RNDR

Render Token (RNDR)

2100NEWS ranking: 205, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 5.3 (Average for Mid-caps: 11.8)

RenderToken is a distributed GPU rendering network built on top of the Ethereum blockchain. It aims to connect artists and studios needing GPU compute power with mining partners willing to rent their GPU capabilities out. RNDR is an ERC-20 utility token used by artists on the network to exchange for GPU compute power from GPU providers (node operators).

 

The day’s top movers (at 2 pm) are ReddCoin and Circuits of Value, rising by 11.0% since 9 am. The crypto markets have rallied- “Santa Rally” started. The table below shows the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported gains between 2.80% and 4.73% on the day. Over the last 24 hours, the 2100NEWS Digital Assets TCrust’sdex (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has soared 6.71%, Ether 6.37%, and Bitcoin 6.87%.

 

COVAL

Circuits of Value (COVAL)

2100NEWS ranking: 275, Mid-cap Non-Ethereum based Token, Index member: NWST1100, NWSM200, NWSOT50
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 9.7 (Average for Mid-caps: 11.8)

The circuits-of-value system is being designed with a central goal of driving value using “off-chain” methods. This means that native coin assets and tokens from other public and private blockchains networks (consisting of COVAL itself) access the COVAL Network of issued ledgers (COVAL Sidechains). They can be transacted flexibly and securely employing skeptical p2p models in COVAL Network. Both individual tokens and wallets (containers of coins) represented by sidechain assets called Emblems are included in COVAL transactions.

 

The crypto markets rebounded – “Santa Rally” started. The day’s top movers (at 9 am) are CEEK VR and MeritCircle. ReddCoin has surged by 23.88% since midnight. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported gains between 2.13% and 3.81%. Over the last 24 hours, the 2100NEWS Digital Assets TCrust’sdex (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has soared 3.98%, Ether 4.60%, and Bitcoin 4.47%.

 

ReddCoin ReddCoin (RDD)

2100NEWS ranking: 538, Small cap, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 10 (Average for Small caps: 8.9)

Launched in 2014 as a fork of Litecoin, Reddcoin is a decentralized cryptocurrency used to tip or send social content payments. The Reddcoin API supports social platforms such as Reddit, Twitter, and Twitch. Accounts created on the Reddcoin wallet can be linked to Twitter, Twitch, and Reddit accounts. Upon downloading the ReddID browser extension, users can “like” content by entering the username and sending a micropayment. The ReddID wallet mines RDD through Proof-of-Stake-Velocity (PoSV), which incentivizes both ownership (stake) and activity (velocity).


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