Movers of the Day 19-Jan-2022


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

Top movers of the day are LooksRare and BitMart Token which has surged 23.33% since 7 pm.

The crypto markets finished the day in red as illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the past 24 hours. 2100NEWS DA Indexes ended between -1.09% and -5.05%. 2100NEWS Digital Assets Total Index (NWST1100) ended -2.07%. Bitcoin ended -1.12%, Ether ended -1.55%.

 

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

 

BMX

BitMart Token (BMX)

2100NEWS ranking: 817, Microcap Ethereum based Token, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 1.8 (Average for Microcap: 6.2)

BitMart is a globally integrated trading platform founded by a group of cryptocurrency enthusiasts. Officially registered in the Cayman Islands, The BitMart Foundation has offices all around the world. BitMart provides digital asset spot trading, futures contract trading, OTC trading, and other client services worldwide.

 

Top mover of the day at 19:10 is Muse DAO which has surged 21.85% since 2 pm. Hydra has increased by 3.73%, LooksRare 8.47%. In the afternoon the crypto markets came into a sideways channel. In the last 24 hours the tokens built on Ethereum measured by 2100NEWS DA Ethereum Based Index (NWSET100) have increased by 0.50%. 2100NEWS Digital Assets Total Index (NWST1100) is 0.68% higher. Bitcoin has increased by 1.39%, Ether by 1.07%.

 

MUSE

Muse (MUSE)

2100NEWS ranking: 863, Microcap Ethereum based Token, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 2.6 (Average for Microcap: 6.2)

MUSE is the governance token of nft20.io. NFT20 is a decentralized exchange and protocol for tokenizing NFT projects as ERC20 tokens to make them tradable on decentralized exchanges such as UniSwap or Sushiswap. Anyone can add their NFT to the appropriate pool and receive ERC20 token derivatives representing that NFT project that can be traded on dexes right away. By creating a secondary market of ERC20 derivatives of NFTs, NFT20 hopes to address the liquidity problem in the NFT space. Addressing this problem allows for arbitrage opportunities, allows investors to gain price exposure to NFT projects without identifying and buying individual NFTs, and allows for fairer price setting and easier trading of NFTs by collectors and newcomers alike.

 

The day’s top movers (at 2 pm) are Hydra and MXC, surging by 29.00% since 9 am. The crypto markets have risen. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -1.1% and -4.65%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen by 0.67%,  Ether 1.25%, while Bitcoin has risen by 0.72%.

 

MXC

MXC (MXC)

2100NEWS ranking: 289, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 8.8 (Average for Mid-caps: 11.8)

Machine Xchange Coin was uniquely designed to power the world of the “Internet of Things” at MXC; we allow machines to communicate with each other, perform a variety of tasks, and send and receive data in exchange for MXC. MXC is the next-generation IoT (Internet of Things) Token. The world of IoT is anticipated to power the 4th industrial revolution, changing the way we live our lives.

 

The crypto markets plunged. The day’s top movers (at 9 am) are Beta Finance and Hydra, surging by 19.06% since midnight. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -2.63% and -5.78%. 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 3.66%,  Ether 4.01%, and Bitcoin by 1.70%.

 

HYDRA

Hydra (HYDRA)

2100NEWS ranking: 673, Microcap, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 7 (Average for Microcap: 6.2)

Hydra is a permissionless, open-source, proof-of-stake blockchain built on some of the tops of the most proven open-source technologies – QTUM, Bitcoin, Ethereum, and BlackCoin’s PoV v3, designed by Pavel Vasin. The philosophy behind Hydra is to implement critical economic features while utilizing proven technology for data transmission. In addition to several unique economic features, it has fixed inflation to stimulate stakers and market participants to contribute to its authentic decentralized architecture. Hydra runs in the UTXO accounting model while supporting EVM as an additional layer. As a start, 18.5M HYDRA is in total circulation. During the seed/growth phase of the blockchain economy, inflation will be dominant, and the total supply will appreciate. At some point, as adoption would grow, the transaction count would increase and generate a direct supply cut through the 50% burn on transactions. The HYDRA fiat price oracle is at the heart of the system, which determines GAS fees into a fixed fiat cost. A critical feature that enables scalability and business predictability is critical for dAPPs.

 

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 permissionless 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 on Beta Finance and earn interest on it. Borrowers can take the contrary position, while short-sellers can 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.

 

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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