Movers of the Day 5-Jun-2022
Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are Router Protocol and Steem. Since 9 am Router Protocol has surged 28.38%, Steem 14.38%.
Most cryptocurrencies finished the day in green as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. The coins measured by 2100NEWS DA Coin Index (NWSCo100) ended +0.90%. Our main 2100NEWS Digital Assets Total Index (NWST1100) ended +0.72%. Bitcoin ended +0.38%, Ether ended +1.45%.
Please read the notes to find out which criteria movers have been selected.
Router Protocol (ROUTE)
| 2100NEWS ranking: 789, Microcap Ethereum based Token, Index member: NWST1100, NWSMi500 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 3.2, (Average for Microcap: 6.5) |
Router Protocol is a crosschain-liquidity aggregator platform that was built to seamlessly provide bridging infrastructure between current and emerging Layer 1 and Layer 2 blockchain solutions. The goal is to enable users to swap their assets from different networks seamlessly in a near-instant and low-cost manner.
Top mover of the day is Steem Dollars which has surged 74.56% since midnight. Gas has increased by 15.45%, Propy 17.44%.
The crypto markets trended sideways today. In the last 24 hours the large caps measured by 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) have increased by 0.30%. Our main 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 0.47% higher. Bitcoin has increased by 0.22%, Ether even 1.31%.
Steem Dollars (SBD)
| 2100NEWS ranking: 399, Small cap, Index member: NWST1100, NWSS300 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 10.8 (Average for Small caps: 9.6) |
Steem is a social blockchain that grows communities and makes immediate revenue streams possible for users by rewarding them for sharing content. It’s currently the only blockchain that can power real applications via social apps like Steemit.
Gas (GAS)
| 2100NEWS ranking: 370, Small cap Non Ethereum based Token, Index member: NWST1100, NWSS300 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 13.3 (Average for Small caps: 9.6) |
GAS is a virtual currency that represents the right to use the blockchain. This coin is used to make payments for various systems on the blockchain. There are two built-in system assets, which are NEO and GAS. While NEO is described as the ownership of the blockchain, which is used for electoral accounting to obtain GAS dividends, GAS powers all transactions on the NEO system, similar to ETH does with Ethereum. However, NEO is a vital factor for mining/staking, which accrues GAS. In other words, if users own NEO, they will get GAS.
Propy (PRO)
| 2100NEWS ranking: 403, Small cap Ethereum based Token, Index member: NWST1100, NWSS300 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 5.4 (Average for Small caps: 9.6) |
Propy Utility Token was created to promote simple integration in users’ wallets. When a user buys a property, a small percentage (about 0.2% to 1% on average) of the final buying price is charged for Propy. Coins paid for writing data to the Propy Registry are saved in the Ethereum blockchain’s particular Rewards smart contract. The total amount of coins are distributed to the coin owners, equivalent to the PRO holders. The bonuses agreement snaps a picture of coin dispensation monthly and issues quarterly bonuses based on that picture, which is saved in the blockchain. This way, all users can check whether those rewards were allocated accurately.
Branko
Litecoin