Movers of the Day 23-May-2022
Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are Anchor Protocol and Mirror Protocol, again. Since 7 pm Anchor Protocol has surged 33.61%, Mirror Protocol even 50.69%.
In the evening the crypto markets fell sharply as illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the past 24 hours. The coins measured by 2100NEWS DA Coin Index (NWSCo100) ended -0.28%. Moreover, 2100NEWS Digital Assets Total Index (NWST1100) ended -1.00%. Bitcoin ended -2.19%, Ether ended -0.98%.
Please read the notes to find out which criteria movers have been selected.
Mirror Protocol (MIR)
| 2100NEWS ranking: 365, Small cap Ethereum based Token, Index member: NWST1100, NWSS300 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Excellent, Score: 15.7, (Average for Small caps: 9.4) |
The mirror is a DeFi protocol powered by smart contracts on the Terra network that enables the creation of synthetic assets called Mirrored Assets (mAssets). mAssets mimic the price behavior of real-world assets and give traders anywhere in the world open access to price exposure without the burdens of owning or transacting real assets. The minting of mAssets is decentralized and is undertaken by users throughout the network by opening a position and depositing collateral. Mirror ensures that there is always sufficient collateral within the protocol to cover mAssets, and also manages markets for mAssets by listing them on Terraswap against UST.
Top movers of the day at 19:10 are Anchor Protocol and Mirror Protocol. Both of them experienced high volatility in tha last few days. Since 2 pm Anchor Protocol has surged 18.89%, Mirror Protocol 13.42%. Request Network has increased by 6.66%. The crypto markets trended sideways. Since yesterday’s closing 2100NEWS DA Indexes have increased up to 7.01%. 2100NEWS Digital Assets Total Index (NWST1100) is 2.24% higher. Similarly, Ether has increased by 2.04%, Bitcoin only 0.77%.
Anchor Protocol (ANC)
| 2100NEWS ranking: 279, Mid-cap Non Ethereum based Token, Index member: NWST1100, NWSM200, NWSOT50, NWSDM100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 14.3 (Average for Mid-caps: 12.1) |
Anchor Protocol is a lending and borrowing protocol on the Terra blockchain. It uses an over-collateralized architecture to allow users to lend, borrow and earn interest with their digital assets. Anchor is a savings protocol on the Terra blockchain that enables fast withdrawals and pays depositors a low-volatility interest rate, which is amongst the highest among stablecoins at ~19.5%. Anchor makes deposits available to borrowers who pledge liquid-staked PoS assets, bLUNA and bETH, as security.
The day’s top movers (at 2 pm) are Request Network and Bitcoin Gold, soaring 55.40% since 9 am. The crypto markets have risen. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported gains between 1.76% and 5.90%. 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 2.84%, Bitcoin 1.67%, and Ether by 2.69%.
Bitcoin Gold (BTG)
| 2100NEWS ranking: 114, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 12.1 (Average for Coins: 14.7) |
BTG is a cryptocurrency with Bitcoin fundamentals, mined on common GPUs instead of specialty ASICs. ASICs tend to monopolize mining to a few big players, but GPU mining means anyone can mine again – restoring decentralization and independence. GPU mining rewards go to individuals worldwide, instead of mainly to ASIC warehouse owners, recreating network effects that Bitcoin used to have.
The crypto markets surged. The day’s top movers (at 9 am) are Augur and DEAPcoin, soaring 29.87% since midnight. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported gains between 1.12% and 3.63%. 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 3.87%, Bitcoin 3.74%, and Ether by 4.02%.
DEAPcoin (DEP)
| 2100NEWS ranking: 292, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSDM100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 8.9 (Average for Mid-caps: 12.1) |
The DEA Project is a blockchain-based multimedia digital entertainment platform featuring digital arts, games, and various other forms of entertainment. Their utility token, DEAPcoin, was minted on 29/08/2019. Headquartered in Singapore, most of the team members are Japanese. The platform aims to protect the copyrights of individual artworks by creating digital art assets used in gaming. The company launched the platform “PlayMining,” where users can play games and earn points that can be converted and used in real life.
Augur (REP)
| 2100NEWS ranking: 242, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 11.8 (Average for Mid-caps: 12.1) |
Augur is a public source and a distributed prediction market system created on Ethereum, a blockchain technology that allows the execution of smart contracts. JavaScript is also employed for a browser-based GUI supplementing the command line.
Lily
Litecoin