Movers of the Day 3-Apr-2022
Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are district0x and BABB. Since morning district0x has soared 116.75%, BABB is 24.54% higher.
The crypto markets finished the day higher as illustrated by an adjacent chart showing the NWSLT Index (the large caps’ performance) movement over the past 24 hours. 2100NEWS DA Indexes ended between +0.14% and +1.60% (NWSDM100). Our main 2100NEWS Digital Assets Total Index (NWST1100) ended +0.99%. Bitcoin ended +1.06%, Ether ended +1.39%.
Please read the notes to find out which criteria movers have been selected.
district0x (DNT)
| 2100NEWS ranking: 384, Small cap Ethereum based Token, Index member: NWST1100, NWSS300 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Excellent, Score: 17.3 (Average for Small caps: 9) |
Districts are marketplaces and communities that exist as decentralized autonomous organizations on the district0x Network. All internet citizens will be able to deploy districts to the network free of charge, forever.
Top movers of the day are Ooki Protocol and Clover. Since midnight Ooki Protocol has surged 39.55%, Clover 10.52%.
The crypto markets started out higher today. Since midnight 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins have increased between 0.19% and 1.56% (NWSDM100). 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 0.67% higher. Bitcoin has increased by 0.46%, Ether by 0.98%.
Ooki Protocol (OOKI)
| 2100NEWS ranking: 642, Microcap Ethereum based Token, Index member: NWST1100, NWSMi500 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Excellent, Score: 17.9 (Average for Microcap: 6.4) |
Ooki is a protocol for tokenized margin trading and lending. It is a financial primitive for shorting, leverage, borrowing, and lending that empowers decentralized, efficient, and rent-free blockchain. It allows anyone to build applications that enable lenders, borrowers, and traders to interact with the most flexible decentralized finance protocol on Ethereum. Ooki is a community-run project, governed by the community vote for all major changes to the protocol.
Frax Share (FXS)
| 2100NEWS ranking: 98, Large-cap0, Index member: NWST1100, NWSL100, NWSCo100, NWSDM100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 14.2 (Average for Large-caps: 17) |
The Frax Protocol is the first fractional-algorithmic stablecoin system. Frax is open-source, permissionless, and entirely on-chain – currently implemented on Ethereum (with possible cross-chain implementations in the future). The end goal of the Frax protocol is to provide highly scalable, decentralized, algorithmic money in place of fixed-supply digital assets like BTC. The protocol incorporates the following concepts: Fractional-Algorithmic – Frax is a unique stablecoin with parts of its supply backed by collateral and parts of the supply algorithmic. The ratio of collateralized and algorithmic depends on the market’s pricing of the FRAX stablecoin. If FRAX is trading at above $1, the protocol decreases the collateral ratio. If FRAX is trading at under $1, the protocol increases the collateral ratio. Frax Shares is the governance token that accrues fees, seigniorage revenue, and excess collateral value.
Clover (CLV)
| 2100NEWS ranking: 280, Mid-cap , Index member: NWST1100, NWSM200 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 13.1 (Average for Mid-caps: 12.1) |
Clover Finance, or simply Clover, is a blockchain operating system. It provides a one-stop, easy‑to‑use blockchain infrastructure and an ethereum virtual machine (EVM) compatible framework for Substrate‑based applications. Clover Finance, another offspring of the Substrate-based Polkadot parachain, aims at bridging the compatibility gap when building and operating across blockchains. The project was founded in May 2020. The mainnet of Clover Finance was launched in July 2021.
Lily
Litecoin