Movers of the Day 31-Jul-2022

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

Top movers of the day are Pundi X (New) and Since 9 am Pundi X (New) has surged 74.25%, 43.40%. BarnBridge has increased by 34.06%.

In the evning the crypto markets turned down and finished the day mixed. The coins (without Bitcoin and Ether) measured by 2100NEWS DA Coin Index (NWSCo100) ended +0.27%. Their movement can be seen on the adjacent NWSCOT chart over the past 24 hours. On the other hand our main 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization ended -0.45%. Bitcoin ended -1.32% while Ether ended +0.33%.

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



Pundi X (New) (PUNDIX)

2100NEWS ranking: 161, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 17.2, (Average for Tokens: 15.1)

Pundi X is a leading developer of blockchain-powered devices with the aim of transforming retail businesses with its blockchain-based point of sale solution. The solution allows retail merchants and consumers to conduct instantaneous in-store transactions on its blockchain. The blockchain solution was founded in 2017 and launched its ICO in January 2018 as the world’s first point-of-sale solution. Following a successful ICO, Pundi X has successfully launched retailed focused services including XPOS, XWallet and XPASS as well as the world’s first blockchain phone called BOB.


Top movers of the day are Bitcoin Standard Hashrate Token and Numeraire. Since midnight Bitcoin Standard Hashrate Token has surged 34.91%, Numeraire 41.60%. Project Galaxy is 14.63% higher.

Today most tokens and coins started out higher. Since midnight the large caps measured by 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) have increased by 0.18%. The mid caps represented by 2100NEWS Digital Assets 200 Mid Cap Index (NWSM200) have increased by 0.33%. Ether has increased by 0.13% while Bitcoin has decreased by 0.56%.



Bitcoin Standard Hashrate Token (BTCST)

2100NEWS ranking: 227, Mid-cap Non Ethereum based Token, Index member: NWST1100, NWSM200, NWSOT50, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 9.2 (Average for Mid-caps: 12.5)

Bitcoin Standard Hashrate Token solves the limited number of exit options – a significant impediment to participation in Bitcoin mining by bringing exchange-grade liquidity to Bitcoin mining. Each BTCST is collateralized by 0.1 terahash per second (“TH/s”) of Bitcoin mining power. By staking BTCSTs, holders of the tokens will receive daily Bitcoin distributions corresponding to the mining power staked. What is more, because the market price of BTCST is determinable as the discounted cash flow of the underlying mining power, BTCST in secondary trading will perform as a leveraged Bitcoin token free from liquidation risk. BTCST will create an efficient market for Bitcoin mining power.



Numeraire (NMR)

2100NEWS ranking: 205, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 11.2 (Average for Mid-caps: 12.5)

Numeraire is a new cryptographic token employed in a novel auction mechanism to create overfitting economically irrational. Numeraire is an ERC20 Ethereum token that makes collaboration congenial with self-interest. Last year, a new kind of hedge fund was introduced by Numeraire. This resource enables any data scientist to develop machine learning patterns on the team’s data and offer predictions to manage the capital in the team’s hedge fund. Today, a new money abstraction for Numerai is published, starting modern commerce with the team’s data scientists based on long-term adjustments not possible with regular money.



Project Galaxy (GAL)

2100NEWS ranking: 157, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 14.9 (Average for Tokens: 15.1)

Project Galaxy is one of the leading Web3 credential data networks. Built on open and collaborative infrastructure, Project Galaxy helps Web3 developers and projects leverage digital credential data and NFTs to develop better products and communities. All of your behavioral data in Web2 counts towards your credentials, companies like Google and Facebook run algorithms on your credentials so that they can send you targeted advertisements. Credential data today are segregated across closed databases that are owned and permissioned by applications, government organizations, and financial and credit institutions. This has led to a fractured landscape that is not open to the individuals who should own that data or the applications that need it. Project Galaxy aims to solve this problem using an open and collaborative credential data network to help Web3 developers leverage credential data and NFTs to build better products and more engaging communities.


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