Movers of the Day 10-Aug-2022

2100news (17)

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

The day’s top movers are Hifi Finance and iExec RLC, rising by 9.24% since 7 pm.

As illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the past 24 hours, the crypto markets have soared. Since 2 pm, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported gains between 3.54% and 5.35%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has soared 4.57%,  Ether even 8.73%, and Bitcoin 3.31%.

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

 

RLC

iExec RLC (RLC)

2100NEWS ranking: 252, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 10.4 (Average for Mid-caps: 12.5)

Exec is the leading provider of blockchain-based decentralized computing. Blockchain is utilized to organize a market network where people can monetize their computing power, applications, and even datasets. It does this by providing on-demand access to cloud computing resources. IExec can support applications in fields such as big data, healthcare, AI, rendering, and fintech. IExec was founded on Oct. 16, 2016, to reinvent cloud computing by creating a new cloud computing paradigm. As such, iExec relies on the XtremWeb-HEP, an open-source desktop grid software that implements features such as multi-applications, fault-tolerance, multi-users, deployment of virtual images, private infrastructure, data management, security, and much more.

 

In the afternoon, the crypto markets went up significantly. The top movers of the day at 19:10 are Apollo Currency and iExec RLC, which has surged 33.08% since 2 pm. Apollo Currency is 18.62% higher. Since 2 pm 2100NEWS DA Indexes have increased up to 4.86%. 2100NEWS Digital Assets Total Index (NWST1100) is 4.77% higher. Bitcoin has increased by 3.66%, Ether even 7.27%.

 

The day’s top movers (at 2 pm) are Tellor and Hifi Finance. apM Coin has surged by 24.11% since 9 am. The crypto markets have jumped after a cooler-than-expected July CPI print. In the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen by 0.49% and Bitcoin by 0.65%,  while Ether has risen by 0.19%.

 

apM Coin

apM Coin (APM)

2100NEWS ranking: 749, Microcap Ethereum-based Token, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Excellent, Score: 11.7 (Average for Microcap: 6.4)

apM Group is the leading company in the Korean wholesale fashion industry. apM Coin is a blockchain-based customer reward management and payment platform which aims to improve the efficiency and credibility of business transactions between wholesalers and buyers.

 

The crypto markets trended sideways. The day’s top movers (at 9 am) were Tellor and Hifi Finance, soaring 49.34% since midnight. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -0.75% and -2.07%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has plummeted by 4.29%,  Ether even 5.19%, and Bitcoin by 3.61%.

 

MFT

Hifi Finance (MFT)

2100NEWS ranking: 304, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Excellent, Score: 15.3 (Average for Small caps: 9.4)

Hifi (formerly Mainframe) is a Lending Protocol that allows anyone to borrow against their crypto. Hifi uses a bond-like instrument, representing an on-chain obligation that settles on a specific future date. Buying and selling the tokenized debt enables fixed-rate, fixed-term lending and borrowing — something much needed in decentralized finance today. It is anticipated that a ticker symbol change will occur alongside future iterations on the Hifi Lending Protocol.

 

TRB

Tellor (TRB)

2100NEWS ranking: 385, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 7.5 (Average for Small caps: 9.4)

Tellor is a decentralized Oracle for bringing high-value off-chain data onto Ethereum. The system utilizes a network of staked miners that compete to solve a PoW challenge to submit the official value for requested data.  Tokens are mined with every successful Tellor data point, and the company takes a 10% dev share to support the development of the ecosystem.

 


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