Movers of the Day 20-Feb-2022
Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are Universe.XYZ and Radicle which has surged 39.72% since morning. Universe.XYZ has increased by 20.59%, Ethernity Chain 15.79%.
The crypto markets finished the day in red as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS DA Indexes ended between -3.63% and -5.91% (NWSM200). Our main 2100NEWS Digital Assets Total Index (NWST1100) ended -3.97%. Bitcoin ended -3.49%, Ether ended -3.92%.
Please read the notes to find out which criteria movers have been selected.
Universe.XYZ (XYZ)
| 2100NEWS ranking: 730, Microcap Ethereum based Token, Index member: NWST1100, NWSMi500 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 3.7 (Average for Microcap: 6.2) |
Radicle (RAD)
| 2100NEWS ranking: 207, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSDM100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 12 (Average for Mid-caps: 12) |
Radicle is a decentralized network for code collaboration. The project’s mission is to develop resilient infrastructure for open-source communities that is secure, sovereign, and exclusively built on open protocols, not platforms. Radicle’s protocols enable developers to collaborate on code without relying on trusted intermediaries. Its peer-to-peer network is complemented by an opt-in Ethereum smart contract system that enables global names, decentralized organizations, and protocols that help maintainers sustain their open-source work. With Ethereum, Radicle is harnessing the power of Ethereum and DeFi to enable developers to own their collaboration infrastructure truly. Since launching in beta this past December, Radicle has seen over 1,000 projects published to the network and garnered substantial interest from across the Web3 ecosystem.
Top movers of the day are Strike and Universe.XYZ. Since midnight Strike has surged 35.31%, Universe.XYZ 18.41%. Beta Finance has increased by 2.47%.
The crypto markets started out lower today. Since midnight 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins have dropped between 3.20% and 5.22% (NWSDM100). 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization has fallen by 3.68%. Bitcoin and Ether are also more than 3% lower: BTC -3.09%, ETH -3.42%.
Strike (STRK)
| 2100NEWS ranking: 316, Small cap Ethereum based Token, Index member: NWST1100, NWSS300, NWSDM100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 8.3 (Average for Small caps: 9.1) |
Strike is an autonomous and decentralized money market that enables variable based rates for supplying digital asset collaterals to the protocol and from borrowing digital assets from the protocol with over-collateralized assets. The tokenization of digital assets onto the Strike protocol will unlock liquidity from that asset without having to liquidate and/or sell that asset in the market. Money Markets allow users to tap into a peer-to-peer marketplace where all interactions are validated against open-source smart contracts running on the immutable Ethereum blockchain. The entire Strike protocol is operated by its community with no centralized control or team tokens exercising power over the protocol’s governance. Strike is designed to protect the equilibrium between borrowers and suppliers by allowing liquidators to handle bad vaults and collecting a premium for stabilizing the protocol. Strike users are in control by interacting with the STRK utility token to govern and operate the platform with consensus.
Beta Finance (BETA)
| 2100NEWS ranking: 260, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 10.7 (Average for Mid-caps: 12) |
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.
Lily
Litecoin