Movers of the Day 18-May-2022


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

The day’s top movers are DIA and Paris Saint-Germain Fan Token. RAMP has soared 68.82% since 7 pm.

As illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the past 24 hours, the crypto markets have plunged. At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has plunged 5.42%, Ether 5.52%, and Bitcoin 4.13%.

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

 

RAMP

RAMP (RAMP)

2100NEWS ranking: 482, Small cap, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade:  Good, Score: 11.6 (Average for Small caps: 9.2)

RAMP DEFI proposes that the staked capital on the non-ERC20 staking blockchains be collateralized into a stablecoin, “rUSD,” issued on the Ethereum blockchain. Similarly, users on the Ethereum blockchain can mint “eUSD” by depositing their ERC20 stablecoins into RAMP’s eUSD liquidity pool. rUSD holders and eUSD holders can borrow, lend or exchange rUSD/eUSD freely, creating a seamless liquidity “on/off-ramp” for users with capital locked into staking arrangements.

In the afternoon, the crypto markets fell significantly. The top movers of the day at 19:10 are Paris Saint-Germain Fan Token and Alpine F1 Team Fan Token. Since 2 pm, Paris Saint-Germain Fan Token has surged 13.37%, and Alpine F1 Team Fan Token is 4.98% higher. Since 2 pm, 2100NEWS DA Indexes have fallen between 2.68% and 5.52%, and most of them are already more than 4% lower than 24 hours ago. 2100NEWS Digital Assets Total Index (NWST1100) is 3.42% lower (-4.26% in the last 24 hours). Bitcoin has fallen 2.46%, Ether 3.15%.

 

Paris Saint-Germain Fan Token

Paris Saint-Germain Fan Token (PSG) 

2100NEWS ranking: 506, Small cap Non-Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Excellent, Score: 17.2 (Average for Small caps: 9.2)

Fan Tokens are minted on an EVM-compatible permissioned sidechain called Chiliz Chain. Chiliz Chain does not currently require any transaction fee, making the sending and receiving of Fan Tokens fast and inexpensive. Fans are empowered to participate in certain club decisions, for example, choosing a goal celebration song in a football stadium. Fans are empowered to participate in certain club decisions, such as selecting a goal celebration song in a football stadium.

 

The day’s top movers (at 2 pm) are IDEX and Goldfinch, rising by 14.39% 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 losses between -0.48% and -2.88%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen by 1.69%, Bitcoin 1.64%, and Ether by 2.33%.

 

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 allows 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 crypto markets fell. The day’s top movers (at 9 am) are IDEX and Paris Saint-Germain Fan Token, soaring 40.25% since midnight. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -0.15% and -2.30%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen by 2.14%, Bitcoin 1.97%, and Ether by 2.25%.

 

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.

 



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