Movers of the Day 21-Jan-2022

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

The day’s top movers are Cratos and SUKU. Braintrust has risen by 12.85% 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 plummeted. Since 7 pm, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -6.30% and -8.31%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has plunged 14.56%,  Ether even 16.26%, and Bitcoin 11.82%.

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

Braintrust (BTRST)

Braintrust is the first decentralized talent network that connects highly skilled technical freelancers with the world’s most reputable brands like Nestle, Porsche, Atlassian, Goldman Sachs, and Nike. Braintrust’s unique business model allows talent to retain 100% of their earnings and enables organizations to spin up flexible, skilled teams on-demand at a fraction of the cost of traditional staffing firms. A blockchain token uniquely enables this new business model that limits fee extraction and enables community ownership.

The top movers of the day at 19:10 are Beta Finance and Cratos. Since 2 pm, Beta Finance has increased by 5.53%, Cratos by 7.97%. The crypto markets stopped falling, but they stayed about 13% lower than 24 hours ago. In that time, 2100NEWS DA Indexes have dropped between 11.25% and 13.90%. 2100NEWS Digital Assets Total Index (NWST1100) is 12.39% lower. Bitcoin has fallen by 10.89%, Ether even 14.09%.

Beta Finance (BETA)

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.

The day’s top movers (at 2 pm) are Beta Finance and SUKU, rising by 16.20% since 9 am. The crypto markets have continued a sharp decline. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -8.01% and -9.83%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has plummeted 10.80%,  Ether even 11.76%, and Bitcoin 9.31%. The chart below shows the NWST1100 index touched the target S2, mentioned in 2100NEWS WEEKLY CRYPTO REPORT Jan-16.

SUKU (SUKU)

SUKU is crypto developed by Citizens Reserve. Citizens Reserve has brought together a team with experience in blockchain, supply chain management, finance, and technology development to build SUKU. The team describes SUKU to be ”the link between open finance, traceability, and transparency.’ and “the future of supply chains today.”

The crypto markets experienced a sharp decline. The day’s top movers (at 9 am) are SUKU and Centrality, soaring 38.15% since midnight. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -4.92% and -6.48%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has plunged 8.06%,  Ether 8.42%, and Bitcoin by 7.25%.

Centrality (CENNZ)

Centrality is a venture studio that partners with leading innovators in key industries to create a marketplace of applications. These applications allow consumers to manage everyday tasks and experiences using peer-to-peer transactions – all via one login and blockchain-enabled infrastructure. It is one of the leading blockchain venture studios globally, with a growing team of 75 people across Auckland, London, Melbourne, and Singapore.