Movers of the Day 29-Dec-2021

2100news (17)

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

The day’s top movers are Sentivate and GXChain. MetisDAO has risen by 11.42% since 7 pm.

As illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the past 24 hours, the crypto markets have dropped.  At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen by 1.46%, Ether even 2.19%, and Bitcoin by 0.70%.

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

 

METIS

MetisDAO (METIS)

2100NEWS ranking: 449, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 5.7 (Average for Small caps: 8.9)

Based on the spirit of Optimistic Rollup, Metis is building an easy-to-use, highly scalable, low-cost, and fully functional Layer 2 framework (Metis Rollup) to fully support the application and business migration from Web 2.0 to Web 3.0. Its scalable protocol supports many use cases, including yield farming, DEX trading, and powering the gig economy via dApps that offer cheap and fast micropayments. Metis integrates the Decentralized Autonomous Company (DAC) framework within its Layer 2 infrastructure. This differentiating factor makes it easy for developers, builders, or community leaders to build their applications and communities. It also makes it easy to use the pre-set tools to facilitate their development, manage collaboration, and enjoy the network effects of the world’s largest decentralized finance ecosystem, without the costs and bottlenecks normally associated with Ethereum. Metis’ goal is to make building dApps and DACs on its platform so easy to do, and even total blockchain novices can make it happen in a matter of minutes.

The top movers of the day at 19:10 are Sentivate and Dusk Network. Since 2 pm, Sentivate has surged 38.93% and Dusk Network 17.70%. After a huge fall in the afternoon, the crypto markets recovered but unfortunately not enough to climb above yesterday’s closings. Since yesterday’s EOD 2100NEWS DA Indexes have fallen between 0.28% and 1.64%. 2100NEWS Digital Assets Total Index (NWST1100) is 0.94% lower. Bitcoin has decreased 0.24%, Ether 1.53%.

 

SNTVT

Sentivate (SNTVT)

2100NEWS ranking: 617, Microcap Ethereum based Token, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 4.4 (Average for Microcap: 6.3)

Sentivate is a hybrid web built to be a viable replacement for the modern web faster, safer, and more scalable than any solely centralized or decentralized web.

 

The day’s top movers (at 2 pm) are Voxies and GXChain, soaring 48.52% since 9 am. The crypto markets have plunged. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -1.28% and  -2.48%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has plunged by 5.27%,  Bitcoin 4.61%, and Ether by 4.51%.

 

GXC

GXChain (GXC)

2100NEWS ranking: 260, Mid-cap, Index member: NWST1100, NWSM200, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 15.5 (Average for Mid-caps: 11.8)

GXChain bills itself as a blockchain for the global data economy, designed to build a trusted data internet of value’. Leveraging the DPoS-based Graphene as the underlying architecture, GXChain’s functionality includes G-ID, GVM, BaaS, and Blockcity, which reportedly streamlines application development. Blockcity, the GXChain-based DApp, reportedly has more than 2M verified users and provides data for other DApps and strategic partners. GXChain launched a decentralized data marketplace that reportedly serves hundreds of Chinese enterprises. The GXChain team launched its mainnet in June 2017.

 

The crypto markets dropped. The day’s top movers (at 9 am) are QuickSwap and suterusu, rising by 11.59% since midnight.  At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has dropped by 3.63%, Ether 3.13%, and Bitcoin 3.33%.

 

SUTER

suterusu (SUTER)

2100NEWS ranking: 970, Microcap Ethereum based Token, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 2.8 (Average for Microcap: 6.3)

Suterusu is a blockchain built with PoS as consensus, and validator node play a critical role in the network. It functions proof verification, generating blocks.

 

MLN

Enzyme (MLN)

2100NEWS ranking: 316, Small cap Ethereum based Token, Index member: NWST1100, NWSS300, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 8.4 (Average for Small caps: 8.9)

Mellon is a digital asset management platform driven by the Ethereum blockchain. Mellon aims to help different types of asset managers, whether individual investors or institutional investment managers, manage their portfolios safely, quickly, and efficiently.

 

QUICK

QuickSwap (QUICK)

2100NEWS ranking: 332, Small cap Ethereum based Token, Index member: NWST1100, NWSS300, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 12.8 (Average for Small caps: 8.9)

QuickSwap is a fork of the originator of Automated Market Makers in the now rapidly expanding DeFi sector of the Cryptocurrency industry, Uniswap. Both, of course, are magical. Only, rather than settling for the magic of unicorns, we’ve opted for the magic of dragons. It’s a much faster kind of magic, currently only available in a land far, far away, known by the locals as Layer 2.

 


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