Movers of the Day 20-Mar-2022

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

The day’s top movers are Contentos and SuperRare, soaring 63.68% since 9 am.

The day’s top movers As illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the past 24 hours, the crypto markets have fallen. At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen by 1.72%, Bitcoin 1.56%, and Ether by 2.08%.

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

 

RARE

SuperRare (RARE)

2100NEWS ranking: 343, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 11.1 (Average for Small caps: 9)

SuperRare 2.0 introduces web-scale curation, independently running storefronts on the platform, and sovereign minting contracts for the artists to mint, promote, and sell their works directly to collectors. By embarking on this path of progressive decentralization, SuperRare shifted ownership and governance of the network to the community. SuperRare 2.0 is a DAO, a decentralized organization that oversees key platform parameters, allocates funds from the Community Treasury, and votes on proposed improvements to the network and protocol.

The crypto markets trended sideways. The day’s top movers (at 9 am) are Frontier and Harvest Finance, surging by 27.48% 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 risen by 1.07%, Bitcoin 0.55% while Ether has fallen by 0.14%.

 

FARM

Harvest Finance (FARM)

2100NEWS ranking: 333, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Excellent, Score: 20, (Average for Small caps: 9)

Harvest Finance automatically farms the highest yield available from the newest DeFi protocols and optimizes the yields received using the latest farming techniques. FARM is the governance token for Harvest. FARM holders vote on proposals for the FARM operational treasury, and FARM holders receive a 5% fee from Harvest operations. The Harvest smart contracts have been designed from the ground up with security in mind by using as many audited components as possible. Please review the smart contracts before depositing funds. The project is in beta; please keep the risk in mind when using Harvest.

 

AUCTION

Bounce Finance Governance Token (AUCTION)

2100NEWS ranking: 327, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade:  Good, Score: 12.5, (Average for Small caps: 9)

Bounce is a decentralized auction platform incorporating liquidity mining, decentralized governance, and staking mechanisms. The first principle of Bounce is a scarcity of resources, which creates a competitive swap environment. The idea of “swap” originated from Uniswap, where infinite liquidity is provided for participants. While this is a great concept, Bounce focusses on the opposite scenario instead. Bounce offers a competitive environment for a limited supply of tokens or other assets like NFTs. The assets can be auctioned off in various ways, such as Token sales. Various types of auctions where a limited amount of tokens are auctioned off with different auction principles and time limits, such as fixed price (fixed swap auction), decreasing price (Dutch auction), or hidden price (sealed-bid auction) NFT auctions NFTs are auctioned off with similar auction principles as token sales. However, there are usually fewer NFTs (or only a unique piece) for sale.


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