Movers of the Day 16-Mar-2022

2100news (23)

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

The day’s top movers are STEPN and JasmyCoin, rising by 13.66% since 7 pm.

As illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement, the crypto markets surged over the past 24 hours. Since 7 pm, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported gains between 1.59% and 3.55%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has surged by 3.64%, Ether even 4.74%, and Bitcoin by 3.64%.

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

 

JASMY

JasmyCoin (JASMY)

2100NEWS ranking: 301, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 15.2 (Average for Mid-caps: 12.1)

JasmyCoin is based on the ERC 20 standard. The Token can also be used by an unspecified number of individuals and businesses to transfer tokens using digital devices as proof of value exchange or payment for services. By not limiting its usability, the Token can have a wide range of purposes.

 

In the afternoon, the crypto markets trended sideways. The top movers of the day at 19:10 are Nano and Vivid Labs. Since 2 pm, Nano has surged 36.06%, Vivid Labs 18.75%. Unibright is 12.44% higher. Over the last 24 hours, 2100NEWS DA Indexes, which measure the performance of different groups of tokens and coins, have increased up to 2.99%. 2100NEWS Digital Assets Total Index (NWST1100) is 2.40% higher. Bitcoin has increased by 2.65%, Ether 3.73%.

 

XNO

Nano (XNO)

2100NEWS ranking: 160, Mid-cap , Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 13 (Average for Coins: 15.1)

Nano is decentralized, sustainable, and secure digital money focused on addressing the inefficiencies present in existing financial systems. Uniquely designed to provide simple peer-to-peer transfer of value, nano empowers individuals with the most efficient and accessible digital money possible, connecting them to the global economy with minimal impact. Nano provides an intuitive experience that feels like digital currency should – no fuss, no fees, no waiting. It’s what accessible, and easy-to-use digital money should feel like.

 

The day’s top movers (at 2 pm) are Newton Project and STEPN, rising by 16.71% since 9 am. The crypto markets have surged. At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has surged by 3.64%, Ether even 5.10%, and Bitcoin by 4.04%.

 

GMT

STEPN (GMT)

2100NEWS ranking: 978, Microcap, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Excellent, Score: 14.4 (Average for Microcap: 6.3)

STEPN is a Web3 lifestyle app with fun social elements and gamification design. Users equipped with NFT Sneakers – walk, jog or run outdoors to earn GST, which can be used to level up and mint new Sneakers. Players can choose to lease or sell their NFT Sneakers on the in-app Marketplace; users’ GST earnings are stored in the in-app Wallet, which has a built-in Swap function.

 

The crypto markets surged. The day’s top movers (at 9 am) are Newton Project and STEPN, soaring 45.90% 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 surged by 3.17%, Ether even 4.66%, and Bitcoin by 3.00%.

 

CVP

PowerPool (CVP)

2100NEWS ranking: 538, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 11.6 (Average for Small caps: 9)

The PowerPool is a protocol for pooling governance tokens (GTs), such as COMP, BAL, LEND, YFI, BZRX, AKRO, and many others. The minority token holders can extract minimal utility from such tokens for two reasons: (1) they cannot influence the votes; (2) the significant share of such tokens doesn’t provide any income. As a result, the fundamental value of such tokens for the minority holder is close to zero, and protocols face voters’ apathy problem. PowerPool allows the token holders to lend, pool, borrow governance tokens, get income from them, and accumulate governance power in protocols based on Ethereum. The Power Pool’s mission is to expand the utility of governance tokens to the end-users and provide new coordination for decision-making in the Defi ecosystem.

 


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