Movers of the Day 10-May-2022

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

Top movers of the day are Bitgert and Edgeware which has increased by 10.04% since 7 pm. Bitgert is 4.58% higher.

In the evening the crypto markets went down again and finished the day in red. Today’s crypto market movement is illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS DA Indexes ended between -1.74% and -6.93% (NWSOT50). 2100NEWS Digital Assets Total Index (NWST1100) ended -3.19%. Bitcoin ended -2.69%, Ether ended -1.41%.

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

 

EDG

Edgeware (EDG)

2100NEWS ranking: 549, Small cap, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 9.1 (Average for Small caps: 9.2)

Edgeware is a high-performance, self-upgrading WASM smart contract platform in the Polkadot ecosystem.

 

Top movers of the day at 19:10 are PARSIQ and Nestree. Since 2 pm PARSIQ has surged 14.07%, Nestree 19.68%. In the afternoon the crypto markets trended sideways. In the last 24 hours the coins (without Bitcoin and Ether) measured by 2100NEWS DA Coin Index (NWSCo100) have fallen by 4.01%. 2100NEWS Digital Assets Total Index (NWST1100) is 1.74% lower. Bitcoin has fallen by 2.26% while Ether is 0.02% higher.

 

EGG

Nestree (EGG)

2100NEWS ranking: 612, Microcap Ethereum based Token, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 3.4 (Average for Microcap: 6.3)

Nestree is a ground-breaking community platform with a dynamic rewarding system and business incubation. The Nestree Messenger is an advanced, reward-based blockchain integrated messenger. Catered towards community growth and beyond as a messenger, the Nestree Messenger adopts the trustless and borderless nature of cryptocurrency to enrich the ecosystem with the reward.

 

The day’s top movers (at 2 pm) are Symbol and Bifrost(BFC), rising by 18.77% since 9 am. The crypto markets have rebounded. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported gains between 0.74% and 5.20%.  Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has plunged 3.33%, Bitcoin 4.19%, while Ether has risen by 0.15%.

 

BFC

Bifrost (BFC) 

2100NEWS ranking: 272, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 12.8 (Average for Mid-caps: 12.3)

Bifrost is a multichain middleware platform that enables developers to create Decentralized Applications (DApps) on top of multiple protocols. To practice inclusive finance and provides a new environment where developers can combine the best protocols to develop substantially more scalable and flexible DApps. With Bifrost, developers can write smart contracts for multiple blockchain protocols in a unified environment. They select the target blockchain for each part of the code, then Bifrost will transpile, compile, and deploy the code into the target blockchains at once. Developers can also easily operate their DApps and even switch the target blockchain as new and better protocols become available.

 

The crypto markets rebounded. The day’s top movers (at 9 am) are ssv.network and DFI.Money, rising by 16.04% since midnight. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported gains between 0.93% and 5.53%.  Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has plunged 4.47%, Bitcoin 3.50%, and Ether 1.28%.

 

YFII

DFI.Money (YFII)

2100NEWS ranking: 349, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Excellent, Score: 19 (Average for Small caps: 9.2)

DFI.Money is a DeFi platform that aims to build products on aggregated liquidity provision, leveraged trading, and automated market-making.

 

SSV

ssv.network (SSV)

2100NEWS ranking: 248, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 11.3 (Average for Mid-caps: 12)

Once holding SSV tokens, users have the right to vote on protocol changes and improvements. Influence grant distributions and operator ranking. Additionally, holders can also use SSV tokens as fees for running validators and generating rewards for stakers. SSV Network emphasizes decentralization, security, and liveness across the Ethereum consensus layer and forms the foundation of SSV.network, a fully decentralized and robust ETH staking network. Millions of users join this ecosystem and find the network simple for anyone wanting to run an Ethereum validator, from DIY users all the way to staking pools and big institutional staking services. This can apply to using the network not only as a user but also as a service provider; regardless of staking configuration, as long as duties are properly executed, anyone is eligible to provide service and reap the rewards for doing so.


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