Movers of the Day 17-May-2022


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

Top movers of the day are Songbird and Cortex. Since 7 pm Songbird has increased by 12.92%, Cortex 7.00%.

In the evening the crypto markets came back and finished the day in green. 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 +0.51% and +3.33%. 2100NEWS Digital Assets Total Index (NWST1100) ended +1.85%. Similarly, Ether ended +1.91%, Bitcoin ended +1.34%.

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

 

SGB

Songbird (SGB)

2100NEWS ranking: 370, Small cap , Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 4.7 (Average for Small caps: 9.2)

Flare is a new Layer-1 blockchain which enables secure universal interoperability between chains – scaling the use of blockchain by enabling all digital assets and onchain information to flow freely. This is cross-chain interoperability with the security of multi-chain. Songbird, Flare’s Canary Network marks a key step for the entire industry in enabling tokens on networks without smart contracts to be used trustlessly and in a non-custodial manner for the first time with scalable smart contracts.

 

Top movers of the day at 19:10 are Goldfinch and TROY. Since 2 pm Goldfinch has soared 67.08%, TROY 56.62%. SelfKey is 13.98% higher. In the afternoon most of the cryptocurrencies went down. Since 2 pm the large caps measured by 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) have fallen by 1.00%. 2100NEWS Digital Assets Total Index (NWST1100) is 0.82% lower. Bitcoin has decreased by 0.63%, Ether 1.00%.

 

GFI

Goldfinch (GFI)

2100NEWS ranking: 367, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 7.5, (Average for Small caps: 9.2)

Goldfinch is a decentralized credit protocol for crypto loans without crypto collateral. By incorporating the principle of “trust through consensus” and using different types of off-chain collateral, the Goldfinch protocol creates a way for borrowers to show creditworthiness based on more than just their crypto assets. This is the missing piece that finally unlocks crypto lending in emerging markets and other places where crypto can truly empower financial inclusion. The protocol serves thousands of end borrowers across India, Mexico, Nigeria, and Southeast Asia.

 

The day’s top movers (at 2 pm) are FIO Protocol and IDEX, soaring 53.25% since 9 am. The crypto markets have trended sideways. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported gains between 0.80% and 2.45%.  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 1.77%, Bitcoin 1.13%, and Ether even by 2.05%.

 

IDEX

IDEX (IDEX)

2100NEWS ranking: 286, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 10.5 (Average for Mid-caps: 12.3)

IDEX is the first Ethereum-based decentralized smart contract exchange for supporting real-time trading and high transaction throughput. IDEX is the most advanced Ethereum DEX, supporting limit and market orders, gas-free cancels, and the ability to fill many trades at once.

 

The crypto markets surged. The day’s top movers (at 9 am) are SuperRare and IDEX, rising by 15.98% since midnight. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported gains between 1.54% and 3.89%.  Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has surged by 3.76%, Bitcoin 3.15%, and Ether by 3.50%.

 

RARE

SuperRare (RARE)

2100NEWS ranking: 346, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 11.1, (Average for Small caps: 9.2)

SuperRare 2.0 introduces web-scale curation, independently running storefronts on the platform, and sovereign minting contracts for the artists to mint, promote, and sell their works directly to collectors. By embarking on this path of progressive decentralization, SuperRare shifted ownership and governance of the network to the community. SuperRare 2.0 is a DAO, a decentralized organization that oversees key platform parameters, allocates funds from the Community Treasury, and votes on proposed improvements to the network and protocol.

 

 



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