Movers of the Day 31-May-2022

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

Top movers of the day at 19:10 are Origin Protocol and Biconomy which has increased by 7.88% since 7 pm. Gitcoin has increased by 4.77% while Origin Protocol is 5.63% lower.

In the evening the cryptocurrencies went down but nevertheless most of them still finished the day in green. The coins measured by 2100NEWS DA Coin Index (NWSCo100) ended +0.69%. Their movement can be seen on the adjacent NWSCOT chart over the past two days. 2100NEWS Digital Assets Total Index (NWST1100) ended +0.27%. Bitcoin ended +0.81%, while Ether ended -0.79%.

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

 

BICO

Biconomy (BICO)

2100NEWS ranking: 203, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 13 (Average for Mid-caps: 12.1)

Biconomy is the multi-chain transaction infrastructure for the next-generation Web 3.0 applications. Through Biconomy’s powerful and easy-to-use APIs, developers can enable a simple and customized user journey so that their end-users don’t get frustrated by blockchain complexities. By solving key pain points at the crypto transactional layer, Biconomy is on a mission to bring the familiarity of web 2.0 to simplify Web 3.0 experiences that will drive mass adoption.

 

Top movers of the day at 19:10 are Origin Protocol and OpenDAO. Since 2 pm Origin Protocol has surged 38.79%, OpenDAO 26.02%. The crypto markets trended sideways. In the last 24 hours 2100NEWS DA Indexes have increased up to 4.58%. 2100NEWS Digital Assets Total Index (NWST1100) is 4.24% higher. Bitcoin has increased by 5.20%, Ether 3.16%.

 

OGN

Origin Protocol (OGN)

2100NEWS ranking: 175, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 16 (Average for Ethereum based Tokens: 14.7)

Origin is an open-source platform that enables the creation of peer-to-peer marketplaces and e-commerce applications. The Origin Platform initially targets the global sharing economy, allowing buyers and sellers of fractional use goods and services (car-sharing, service-based tasks, home-sharing, etc.) to transact on the distributed, open web. Using the Ethereum blockchain and Interplanetary File System (IPFS), the platform and its community participants can interact peer-to-peer, allowing for the creation and booking of services and goods without traditional intermediaries.

 

The day’s top movers (at 2 pm) are Axie Infinity and WAVES, surging by 26.82% since 9 am. The crypto markets soared over the past 24 hours. At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has soared 4.16%, Ether 4.30%, and Bitcoin 3.73%.

 

Waves

Waves (WAVES)

2100NEWS ranking: 53, Large-cap, Index member: NWST1100, NWSL100, NWSCo100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade:  Good, Score: 19.9 (Average for Large-caps: 17.2)

Waves is an open-source platform and decentralized environment for Web 3.0 applications, offering a wide range of purpose-designed tools for making the process of developing and running dApps easy and accessible.

 

The crypto markets soared over the past 24 hours. The day’s top movers (at 9 am) are Coin98 and Cardano, rising by 5.88% since midnight. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -0.83% and -2.52%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has soared 1.36%, Ether 4.93%, and Bitcoin 3.46%.

 

CardanoCardano (ADA)

2100NEWS ranking: 4, Bluechip, Index member: NWST1100, NWSL100, NWS30, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 24.3 (Average for Blue chips: 21)

Cardano is a decentralized blockchain network and virtual currency project. It is entirely open-source with the target of establishing a smart contract system with more advanced functionalities than existing protocols. It concentrates on evolving out of scientific philosophy, utilizing a research-driven approach.

 


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