Movers of the Day 25-Jun-2022


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

Top movers of the day are IDEX and TrueFi which has surged 23.30% since morning. IDEX has increased by 4.40%, Harvest Finance 14.75%.

The crypto markets finished the day in green as illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the past 24 hours. 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins ended between +0.36% and +4.19%. Our main 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization ended +0.99%. Bitcoin ended +0.76%, Ether ended +1.66%.

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

 

TRU

TrueFi (TRU)

2100NEWS ranking: 286, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 11, (Average for Mid-caps: 12.2)

TrueFi is a protocol for creating interest-bearing pools with a high APR for liquidity providers. TrueFi includes utility and rewards mechanisms using TrustTokens (TRU) and rewards participants for maintaining stable, high APRs.

 

FARM

Harvest Finance (FARM)

2100NEWS ranking: 410, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Excellent, Score: 20, (Average for Small caps: 9.5)

Harvest Finance automatically farms the highest yield available from the newest DeFi protocols and optimizes the yields received using the latest farming techniques. FARM is the governance token for Harvest. FARM holders vote on proposals for the FARM operational treasury, and FARM holders receive a 5% fee from Harvest operations. The Harvest smart contracts have been designed from the ground up with security in mind by using as many audited components as possible. Please review the smart contracts before depositing funds. The project is in beta; please keep the risk in mind when using Harvest.

 

Top movers of the day are Function X and Dogelon Mars. Since midnight Function X has surged 73.16%, Dogelon Mars 23.88%. Wrapped NXM is 7.01% higher.

Most cryptocurrencies moved higher this morning. Since midnight the tokens built on Ethereum measured by 2100NEWS DA Ethereum Based Index (NWSET100) have increased by 0.80%. The coins represented by 2100NEWS DA Coin Index (NWSCo100) are 0.15% higher. On the other hand Bitcoin and Ether are slightly lower: BTC -0.11%, ETH -0.50%.

 

WNXM

Wrapped NXM (WNXM)

2100NEWS ranking: 383, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 14 (Average for Small caps: 9.5)

Nexus Mutual is a decentralised alternative to insurance. They have used blockchain technology to create a mutual (a risk sharing pool) to return the power of insurance to the people. The platform is built on the Ethereum public chain. It allows anyone to become a member and buy cover. It replaces the idea of a traditional insurance company, because it is wholly owned by the members. The model encourages engagement as members will get economic incentives for participating in Risk Assessment, Claims Assessment and Governance.

 

FX

Function X (FX)

2100NEWS ranking: 176, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 14.8 (Average for Tokens: 15)

Function X is a next-generation internet service framework. It improves the existing internet and blockchain architecture, combining both worlds’ benefits and using the most commonly-used technical solutions. Function X ecosystem consists of five elements: f(x) operating system, f(x) public blockchain, f(x) FXTP, f(x) docker and f(x) IPFS with the goal to decentralize the Internet. The XPhone is the world’s first mobile device to use the Function X blockchain for telephone calls, messaging, file sharing, and more. Function X (Symbol: FX) is the native “currency” utilized in the Function X blockchain and ecosystem.

 

ELON

Dogelon Mars (ELON)

2100NEWS ranking: 219, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 7 (Average for Mid-caps: 12.2)

Dogelon Mars is a dog-themed meme coin on Ethereum and Polygon. It follows the example of other successful dog coins like Dogecoin, Shiba Inu, and Floki Inu. Dogelon Mars plays on several popular themes in the meme coin space. Its name is a mixture of Dogecoin and Elon Musk, the billionaire entrepreneur who is an outspoken supporter of Doge. It alludes to Mars, a spin on the famous moon meme, implying that Dogelon will experience a massive upward movement. Beyond its tongue-in-cheek name, Dogelon Mars has managed to build a significant community, with more than 300,000 Twitter followers and more than 84,000 followers on Telegram.

 



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