Movers of the Day 23-Mar-2022

crypto

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

The day’s top movers are Smooth LovePotion and Quantstamp, soaring 69.81% 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 risen. Since 2 pm, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported gains between 0.24% and 2.30%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen by 0.94%, Ether 0.37% while Bitcoin has fallen by 0.01%.

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

 

QSP

Quantstamp (QSP)

2100NEWS ranking: 458, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 14.8 (Average for Small caps: 9)

Quantstamp is the first smart contract security-auditing protocol. The Quantstamp protocol solves the smart contract security problem by creating a scalable and cost-effective system to audit all smart contracts on the Ethereum network. Over time, the team expects every Ethereum smart contract to use the Quantstamp protocol to perform a security audit because security is essential.

In the afternoon, the crypto markets trended sideways. The top movers of the day at 19:10 are Universe.XYZ and Mina Protocol. Since 2 pm Universe.XYZ has surged 37.77%, Mina Protocol 12.36%. In that time, the large caps measured by 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) have increased by 1.30%. The mid-caps represented by 2100NEWS Digital Assets 200 Mid Cap Index (NWSM200) are 0.61% higher. On the other hand, Bitcoin and Ether are lower: BTC -0.94%, ETH -1.18%.

 

XYZ

Universe.XYZ (XYZ)

2100NEWS ranking: 700, Microcap Ethereum based Token, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 3.7 (Average for Microcap: 6.4)

Universe.xyz & xyzDAO is an initiative which grants voting rights to the XYZ holders and lays the foundation for Universe Protocol. Universe protocol is a social media NFT platform that includes minting, marketplaces, social tools, NFT tools, and auctions. xyzDAO empowers the community by enabling decentralized decision-making in the Universe protocol. It is governed by the XYZ tokens and is the core component of the Universe platform.

 

The day’s top movers (at 2 pm) are Radix Protocol and Loopring, surging by 27.30% since 9 am. The crypto markets have consolidated. At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen by 0.67%, Bitcoin 1.45%, and Ether by 1.46%.

 

LRC

Loopring (LRC)

2100NEWS ranking: 64, Large-cap Ethereum based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade:  Ordinary, Score: 17.8 (Average for Large caps: 16.8)

Loopring is a protocol for building decentralized exchanges. Besides the protocol smart contracts, Loopring also offers a collection of open-sourced software to help you build decentralized exchanges. Loopring provides higher liquidity and better price by matching orders in the form of order-rings. Each ring may consist of 2 to 16 orders, and tokens will be transferred atomically in a circular way during ring settlement. Loopring is designed to provide matching-as-a-service. Its orders are unidirectional and do not differentiate takers and makers; Loopring’s order-ring is a generalized model of trading-pair; it enables a built-in mechanism for performing arbitrage.

 

The crypto markets retraced. The day’s top movers (at 9 am) are Mines of Dalarnia and Orbit Chain, rising by 17.37% since midnight. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -0.12% and -1.19%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen by 0.29%, Bitcoin 0.25%, and Ether by 1.25%.

 

ORC

Orbit Chain (ORC)

2100NEWS ranking: 295, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 9.6 (Average for Mid-caps: 12.1)

Orbit Chain is a multi-asset blockchain that stores, transfers, and verifies information and assets which exist on various public blockchains through Decentralized Inter-Blockchain Communication (IBC). Orbit Chain’s standard aims to work as a hub for public blockchains, for fluid asset movement and interaction within a single blockchain network. To this purpose, Orbit Chain provides a system that will use a singular transaction method to build DApps, which will then be able to use various assets in the same manner. In doing so, the previous liquidity problem of traditional blockchain systems will be eliminated in the standardization of multi-asset usage.

 

TRAC

OriginTrail (TRAC)

2100NEWS ranking: 251, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 9.2 (Average for Mid-caps: 12.1)

OriginTrail is an ecosystem dedicated to making supply chains work – through championing standards supporting a universal data exchange (interoperability), connecting rather than replacing legacy IT systems (interconnectivity), and ensuring data immutability by utilizing the blockchain technology (integrity).

 

BSW

Biswap (BSW)

2100NEWS ranking: 468, Small cap Non-Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 5.2 (Average for Small caps: 9)

Biswap (BSW) is a decentralized exchange (DEX) for BEP-20 tokens on Binance Smart Chain (BSC). Biswap promises the lowest transaction fees of any BSC exchange at 0.1% and vows to be committed to innovation in DeFi through its high-quality products and services. Its referral system allows users to invite others and receive referral fees from farms, launch pools, swaps, and a lottery.

 


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