Movers of the Day 31-Mar-2022

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

The day’s top movers are BakeryToken and IOStoken. Mithril has risen by 10.78% since 8 pm.

As illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the past 24 hours, the crypto markets have plummeted. Since 3 pm, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -3.17% and -4.92%. 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 2.27%, Ether 2.99%, and Bitcoin by 2.71%.

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

 

MITH

Mithril (MITH)

2100NEWS ranking: 534, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 12.4, (Average for Small caps: 9)

Mithril is a decentralized social network ecosystem. It emphasizes users’ demand, integrates all sorts of social networks to date and rewards content creators with blockchain technology. The Mithril token is a decentralized token based on the ERC-20 standard established by Ethereum. Social Mining is an all-new mining concept that rewards all content creators with MITH according to the value of their posts and interactions.

In the afternoon, the crypto markets fell sharply. The top movers of the day at 20:10 are Gifto and Celer Network. Since 3 pm, Gifto has soared 65.08%, Celer Network 14.51%. Since 2 pm 2100NEWS DA Indexes have dropped between 3.24% and 5.65%. 2100NEWS Digital Assets Total Index (NWST1100) is 4.08% lower. Bitcoin has fallen by 3.27%, Ether 3.87%.

 

GTO

Gifto  (GTO)

2100NEWS ranking: 576, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 10.5 (Average for Small caps: 9)

Gifto is a decentralized virtual gifting protocol to incentivize and monetize content generation for individuals worldwide. Virtual gifting is a highly effective monetization method for content creators. In 2017, Uplive, AIG’s live streaming platform, generated more than USD 100 MM in revenue through virtual gifting. GIFTO aims to take the gifting model within live streaming and implement it across platforms globally, including YouTube, Instagram, and Snapchat.

 

The day’s top movers (at 3 pm) are JUST and IOStoken. BakeryToken has soared 30.96% since 10 am, and the crypto markets have risen. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported gains between 0.91% and 5.96%. 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 1.43%, Ether 0.71%, and Bitcoin by 0.19%.

 

BAKE

BakeryToken (BAKE)

2100NEWS ranking: 345, Small cap Non-Ethereum based Token, Index member: NWST1100, NWSS300, NWSOT50
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 7.2 (Average for Non-Ethereum based Tokens: 11.6)

BakerySwap bills itself as the next iteration of Uniswap, and it aims to be a faster, cheaper, and tastier version of Uniswap. Liquidity providers will be rewarded with BAKE tokens from which they can earn a share of BakerySwap’s trading fees and use them for voting as part of BakerySwap’s governance. The team is an anonymous group of developers who believe in the future of decentralized autonomous organizations (DAO).

 

The crypto markets trended sideways. The day’s top movers (at 10 am) are JUST and IOStoken, soaring 43.96% since midnight. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported gains between 0.33% and 4.74%. 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 0.78%,  while Ether has fallen by 0.25%, and Bitcoin by 0.66%.

 

IOSTIOST (IOST)

2100NEWS ranking: 93, Large-cap Ethereum based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSET100
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 20.1 (Average for Large-caps: 17)

The open-source IOST project is meant to meet a decentralized economy’s security and scalability needs by providing blockchain infrastructure that might serve as the architecture for the future of online services. Utilizing factors that include IOST token balances, reputation-based token balance, contributions to the network, and user behaviors, their so-called “Proof of Believability” consensus algorithm was developed to ensure the security and efficiency of transactions on the network. The team at IOST recognizes that multinational corporations may not be able to deploy blockchains to service their customers at the level expected today without sufficient scalability. As such, the teams at IOST propose the Internet of Services Token as a means to reach these ends.

 

ZIL

Zilliqa (ZIL)

2100NEWS ranking: 79, Large-cap Ethereum based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSET100
2100NEWS DA Orderbook Quality Evaluation Grade:  Ordinary, Score: 19.3 (Average for Large-caps: 17)

Zilliqa is a high-throughput public blockchain platform designed to scale to thousands of transactions per second. It is built to deliver performance, scalability, and security. Zilliqa aims to drive the blockchain industry forward by developing the highest quality technology infrastructure to create measurable and real-world impact. We have sought to establish partnerships across industry verticals that have emerged as clear beneficiaries of innovative, decentralized technologies, with participation across digital advertising, financial services, payments, gaming, and digital entertainment. With our platform, we hope users and businesses can leverage the full potential of decentralized technology.

 


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