Movers of the Day 8-May-2022


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

Top movers of the day are Ampleforth Governance Token and dYdX. Since morning Ampleforth Governance Token has surged 19.33%, dYdX 11.61%.

The crypto markets were down all day as illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the past 24 hours. 2100NEWS DA Indexes ended between -1.67% and -3.70% (NWSMi500). 2100NEWS Digital Assets Total Index (NWST1100) ended -2.55%. Bitcoin ended -2.46%, Ether ended -3.41%.

 

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

 

FORTH

Ampleforth Governance Token (FORTH)

2100NEWS ranking: 354, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 12.2, (Average for Small caps: 9.2)

FORTH is a new governance token that completes the AMPL ecosystem by putting control of the protocol in the hands of the community. Anyone who has interacted with the AMPL ecosystem on-chain can claim FORTH tokens. FORTH is the mechanism by which the community will vote on parameter changes to the core AMPL protocol and, more broadly, the tool the community will use to steer the continued evolution of the Ampleforth ecosystem. Where AMPL represents an independent currency that functions as a unit of account, FORTH is the governing mechanism that oversees its evolution. FORTH is an inflationary token that can be directly utilized or delegated to propose and vote on changes to the Ampleforth protocol. Its model is an extension of Compound Finance’s COMP. To ensure a fair system that offers proper incentives for all network participants, initial governance parameters will be set when the on-chain governance is deployed. Additionally, you will be able to delegate your FORTH to “representatives” who will then be able to utilize your voting power to propose changes or vote on your behalf.

 

Top mover of the day is Pluton which has surged 11.57% since midnight. STEPN has increased by 3.28%, dYdX 4.99%.

The crypto markets started out lower today. Since midnight 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins have fallen between 1.65% and 2.98% (NWSM200). Our main 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 2.18% lower. Bitcoin has fallen by 1.51%, Ether even 3.25%.

 

PLU

Pluton (PLU)

2100NEWS ranking: 737, Microcap Ethereum based Token, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 3.9 (Average for Microcap: 6.3)

Plutons are the domestic virtual coin of Plutus and are allocated and issued on the Ethereum blockchain network. Pluton transactions use the Plutus Mobile App, like Bitcoin, to perform. Customers can take advantage of zero transaction expenses and quick transaction acceptance. Possession of Plutons is connected to an Ethereum account. Pluton token code has two functions running on the production Ethereum network and acting as an allocated and allocated ledger of all Pluton transactions and the addressed location of every Pluton. Using the Ethereum blockchain system can bring customers security which guarantees the flow, honesty, and safety of the Pluton ledger.

 

GMT

STEPN (GMT)

2100NEWS ranking: 52, Large-cap Non Ethereum based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSOT50, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 14.4 (Average for Large-caps: 17.2)

STEPN is a Web3 lifestyle app with Social-Fi and Game-Fi elements. Users equipped with NFT Sneakers – walk, jog or run outdoors to earn GST, which can be used to level up and mint new Sneakers.

 

DYDX

dYdX (DYDX)

2100NEWS ranking: 133, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 15 (Average for Tokens: 15.1)

DYDX is a governance token that allows the dYdX community to truly govern the dYdX Layer 2 Protocol (“the protocol”). By enabling shared control of the Protocol, DYDX will allow traders, liquidity providers, and partners of dYdX to work collectively towards an enhanced Protocol. DYDX enables a robust ecosystem around governance, rewards, and staking — each designed to drive future growth and decentralization of dYdX, resulting in a better user experience. Staking pools are designed to promote liquidity and safety on the Protocol. Rewards programs for trading, liquidity providing, and past usage of dYdX will help drive growth and adoption of dYdX.

 



About us

We are the new economy news hub. 2100NEWS is the professional index, data, and tools provider in the digital asset space, offering Crypto Market Intelligence, providing the perspective you can trust and equipping you with information edge you need to stay ahead. (Real-time data of token issuers and news, analysis and commentary from community.) We are very excited to contribute to the evolution of the industry and build an ecosystem around our offering (the institutional-grade data infrastructure required to enable institutional investments in digital assets). We want our contributions (Contents and Tools on 2100NEWS.com) to be useful for helping investors.


CONTACT US

CALL US ANYTIME



Newsletter


  • ethereumEthereum (ETH) $ 1,996.98 0.84%
  • litecoinLitecoin (LTC) $ 70.83 3.75%