Movers of the Day 4-Jul-2022
Tokens and coins that moved the most in the last 24 hours:
The day’s top movers (at 9 am) are Request Network and Origin Protocol, rising by 17.35% since midnight.
As illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the past 24 hours, the crypto markets have trended sideways. At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen by 0.26%, and Ether by 0.81%, while Bitcoin has risen by 0.08%.
Please read the notes to find out which criteria have been selected.
Origin Protocol (OGN)
2100NEWS ranking: 143, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100, NWSDM100 |
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 16, (Average for Tokens: 15.2) |
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.
Request Network (REQ)
2100NEWS ranking: 183, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSDM100 |
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 12.6, (Average for Mid-caps: 12.5) |
RequestNetwork is a decentralized network that enables anyone to request a payment securely. All of the information regarding the payment process is stored in a decentralized authentic ledger. Thanks to distributed blockchain technology, this process is cheaper, easier, and more secure and allows for a wide range of automation.
Ampleforth Governance Token (FORTH)
2100NEWS ranking: 308, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300 |
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 12.2 (Average for Small caps: 9.3) |
FORTH is a new governance token that completes the AMPL ecosystem by putting control of the protocol in the hands of the community. Anyone who has interacted with the AMPL ecosystem on-chain can claim FORTH tokens. FORTH is the mechanism by which the community will vote on parameter changes to the core AMPL protocol and, more broadly, the tool the community will use to steer the continued evolution of the Ampleforth ecosystem. Where AMPL represents an independent currency that functions as a unit of account, FORTH is the governing mechanism that oversees its evolution. FORTH is an inflationary token that can be directly utilized or delegated to propose and vote on changes to the Ampleforth protocol. Its model is an extension of Compound Finance’s COMP. To ensure a fair system that offers proper incentives for all network participants, initial governance parameters will be set when deploying on-chain governance. Additionally, you will be able to delegate your FORTH to “representatives” who will then be able to utilize your voting power to propose changes or vote on your behalf.