Movers of the Day 18-Jan-2022

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

Top movers of the day are Beta Finance and Prometeus. Since 7 pm Beta Finance has increased by 14.78%, Prometeus 1.82%.

In the evening the crypto markets went up but nevertheless most of them finished the day still in red.  The tokens built on Ethereum measured by 2100NEWS DA Ethereum Based Index (NWSET100) ended -0.91%. Their movement can be seen on the adjacent NWSET chart over the past 24 hours. 2100NEWS Digital Assets Total Index (NWST1100) ended -0.06%. Ether ended -0.63% while Bitcoin ended +0.78%.

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

 

BETA

Beta Finance (BETA)

2100NEWS ranking: 273, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 10.7 (Average for Mid-caps: 11.8)

Beta Finance is a permissionless money market on Ethereum for borrowing, lending and shorting crypto assets. It allows users to access a scalable and accessible money market where tokens can be listed permissionlessly and automatically and where users can short these tokens. Beta Finance plans to launch on additional layer one and layer two solutions after its Ethereum Mainnet launch. Users have three options: lending, borrowing and shorting. Lenders will be able to lend crypto assets for any market that exists on Beta Finance and earn interest on it. Borrowers can take the contrary position, while short-sellers are able to use collateral to initiate short positions. Unlike centralized exchanges, Beta Finance does not use an order book to execute shorts but routes the trade through decentralized exchanges that use automated market makers. As part of its Phase 2 launch, the platform plans to release permissionless money market creation.

 

Top movers of the day at 19:10 are Propy and Stacks. Since 2 pm Propy has surged 12.09%, Stacks 10.51%. Elastos has increased by 5.01%. In the afternoon the crypto markets were still down. Since 2 pm 2100NEWS DA Indexes have fallen between 0.84% and 1.25%. 2100NEWS Digital Assets Total Index (NWST1100) has decreased by 1.00%. Ether has fallen by 1.60%, Bitcoin 0.60%.

 

PRO

Propy (PRO)

2100NEWS ranking: 410, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 5.4 (Average for Small caps: 9.2)

Propy Utility Token was created to promote simple integration in users’ wallets. When a user buys a property, a small percentage (about 0.2% to 1% on average) of the final buying price is charged for Propy. Coins paid for writing data to the Propy Registry are saved in the Ethereum blockchain’s particular Rewards smart contract. The total amount of coins are distributed to the coin owners, equivalent to the PRO holders. The bonuses agreement snaps a picture of coin dispensation monthly and issues quarterly bonuses based on that picture, which is saved in the blockchain. This way, all users can check whether those rewards were allocated accurately.

 

The day’s top movers (at 2 pm) are Propy and Paribus. Kava Lend has increased by 5.36% 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 -0.88% and -2.65%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has dropped by 3.01%,  Ether 3.40%, and Bitcoin by 2.09%.

 

HARD

Kava Lend (HARD)

2100NEWS ranking: 374, Small cap, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Excellent, Score: 15.4 (Average for Small caps: 9.2)

Kava Chain is a decentralized, permissionless, censorship-resistant blockchain built with the Cosmos SDK. This means it operates much like other Cosmos ecosystem blockchains and is designed to be interoperable between chains. Learn more about Cosmos. Kava Protocol is the set of rules and behaviors built into the Kava Chain that enables advanced Decentralized Finance (DeFi) functionality like permissionless borrowing and lending. Hard Protocol is an application that runs on Kava Chain. It does not have its own blockchain. It builds upon the Kava Protocol and adds new functionality, expanding the Kava Ecosystem to include an autonomous money market protocol.

 

The crypto markets started in the red. The day’s top movers (at 9 am) are Propy and Cardstarter, surging by 26.61% since midnight. Over the past 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has dropped by 2.45%,  Ether 2.87%, and Bitcoin by 1.69%.

 

CARDS

CARD.STARTER (CARDS)

2100NEWS ranking: 729, Microcap Ethereum based Token, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 4.5 (Average for Microcap: 6.2)

CardStarter is the first insured cross-chain accelerator for Cardano. CardStarter is a decentralized accelerator and swapping platform, connecting early-stage Cardano innovators and projects with its community of backers. By launching on ERC20, CardStarter provides Cardano developers with the advantage of earlier support and funds. As soon as projects can deploy through Cardano’s Plutus platform, CardStarter will migrate, and all projects who’ve been backed through them will be prepared to go live on Cardano’s Network.

 

TLOS

Telos (TLOS)

2100NEWS ranking: 649, Microcap Non-Ethereum based Token, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 2.1 (Average for Microcap: 6.2)

Telos is a networked ecosystem enabling visionary leaders and communities to work together to build a new global economy. Telos is a new blockchain network based on EOSIO software. Telos has modified the Eos genesis snapshot and some rules to make the network more responsible to the majority of token holders, to be more attractive to DApp developers, and generally run more responsively and sustainably.

 

 


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