Movers of the Day 11-Feb-2022

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

Top mover of the day is still Injective Protocol which has surged 21.12% since 7 pm.

In the evening the crypto markets went down sharply to finish the day deep in red. Today’s crypto market movement is illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS DA Indexes ended between -4.91% and -9.39%. 2100NEWS Digital Assets Total Index (NWST1100) ended -6.20%. Bitcoin ended -3.88%, Ether ended -7.04%.

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

 

Injective (INJ)

2100NEWS ranking: 164, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100

2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 15.8 (Average for Coins: 14.9)

Injective Protocol is a fully decentralized layer-2 DEX protocol built for the next generation of decentralized derivatives exchange. The Injective Chain is a Tendermint-based IBC-compatible blockchain which supports a decentralized orderbook-based DEX protocol and a trustless ERC-20 token bridge to the Ethereum blockchain. It is the first layer-2 fully decentralized exchange protocol for decentralized perpetual swaps, futures, and spot trading that unlocks the full potential of decentralized derivatives and borderless DeFi. Every component of the protocol has been built to be fully trustless, censorship-resistant, publicly verifiable, and front-running resistant.

 

Top mover of the day at 19:10 is Injective Protocol which has soared 33.88% since 2 pm. Metahero has increased by 2.29%, PolySwarm 4.63%. In the afternoon the crypto markets went down. Since 2 pm 2100NEWS DA Indexes have decreased between 0.06% and 1.08% (NWSOT50). 2100NEWS Digital Assets Total Index (NWST1100) is 0.59% lower. Bitcoin has fallen by 0.31%, Ether even 0.89%.

 

Injective (INJ)

 

The day’s top movers (at 2 pm) are Pirate Chain and Clover Finance, rising by 12.37% since 9 am. The crypto markets have consolidated. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -0.04% and -1.13%. 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 3.52%, Ether even 4.20%, and  Bitcoin by 2.62%.

 

Clover Finance (CLV)

2100NEWS ranking: 252, Mid-cap , Index member: NWST1100, NWSM200, NWSCo100

2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 13.1 (Average for Coins: 14.9)

Clover Finance (CLV), or simply Clover, is a blockchain operating system. It provides a one-stop, easy‑to‑use blockchain infrastructure and an ethereum virtual machine (EVM) compatible framework for Substrate‑based applications. Clover Finance, another offspring of the Substrate-based Polkadot parachain, aims at bridging the compatibility gap when building and operating across blockchains. The project was founded in May 2020, and the mainnet of Clover Finance was launched in July 2021.

 

The crypto markets dropped. The day’s top movers (at 9 am) are Pirate Chain and Theta Network, rising by 5.06% since midnight. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -0.20% and -1.48%. 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 2.35%, Ether 2.87%, and  Bitcoin by 1.54%.

 

 THETA (THETA)

2100NEWS ranking: 29, Blue chip Ethereum based Token, Index member: NWST1100, NWSL100, NWS30, NWSTo100, NWSET100

2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 21.0 (Average for Blue chips: 20.6)

THETA is an open-source protocol that powers a decentralized streaming network. It will allow decentralized apps (DApps) to be built on top of the platform to enable use cases that span esports, entertainment, and peer-to-peer streaming. SLIVER.tv’s DApp was the first application built on the Theta network leveraging its existing user base of millions of esports viewers. In Nov 2018, Tencent Games announced a collaboration with SLIVER.tv to bring Theta rewards to Ring of Elysium players. The founding team has a combined 30+ years of experience in the video streaming space with advisors including Steve Chen, Co-Founder of YouTube, and Justin Kan, Co-Founder of Twitch.

 

Pirate Chain (ARRR)

2100NEWS ranking: 565, Small cap, Index member: NWST1100, NWSS300

2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 4.8 (Average for Small caps: 9.1)

PirateChain is a 100% private send cryptocurrency. It uses a privacy protocol that cannot be compromised by other users’ activity on the network. Most privacy coins are riddled with holes created by optional privacy. PirateChain uses ZK-Snarks to shield 100% of the peer-to-peer transactions on the blockchain making for highly anonymous and private transactions.

 

BinaryX (BNX)

2100NEWS ranking: 413, Small cap Non-Ethereum based Token, Index member: NWST1100, NWSS300, NWSOT50

2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 12.7 (Average for Non-Ethereum based Tokens: 11)

Cyber Dragon is a Play to Earn Gam based on Binance Smart Chain. The BinaryX team powers this game. Players can create characters, collect rare pieces of equipment, and challenge Dungeon. The final challenge is to defeat the ultimate boss, the Cyber Dragon. A hero will receive the dragon treasure house rewards by defeating the dragon. BNX is Cyber Dragon’s governance token. BNX token holders can participate in community governance and vote on significant game decisions. Some key operations of the game require consuming BNX tokens, such as creating heroes, forging rare equipment, challenging the Cyber Dragon dungeon and some top dungeons.

 

Bonfida (FIDA)

2100NEWS ranking: 435, Small cap, Index member: NWST1100, NWSS300

2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 14.3 (Average for Small caps: 9.1)

Bonfida is known as the top infrastructure developer on Solana. Bonfida was the first project in the Serum Ecosystem. Initially, they provided API services and hosted the flagship Serum DEX since its launch in September 2020. With Bonfida initially offering its Serum UI and API services, it was obvious that there was a demand for products to enrich the experience of users in Decentralised Finance (DEFI). Strong demand for their products encouraged them to launch the ‘FIDA’ token on the 22nd of December 2020. From these beginnings in Q4 – 2020, Bonfida has established itself with several products and revenue streams to synergistically benefit their tokenomics by their Buy & Burn program.