Movers of the Day 19-Aug-2022
Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are Efforce and Tribe which has surged 12.27% since 7 pm. Efforce has increased by 2.44%.
The crypto markets finshed the day deep in red as illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the past 24 hours. 2100NEWS DA Indexes ended between -7.19% and 12.19%. 2100NEWS Digital Assets Total Index (NWST1100) ended -10.57%. Bitcoin ended -9.81%, Ether ended -11.53%.
Please read the notes to find out which criteria have been selected.
Tribe (TRIBE)
| 2100NEWS ranking: 408, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 4.9, (Average for Small caps: 9.4) |
Tribe is the governance token for the FEI algorithmic stablecoin. Fei aims to provide a new decentralized solution to the stablecoin market. Existing stablecoins are either fiat-collateralized and, therefore, centralized or crypto-collateralized, making them capital-inefficient. Other algorithmic stablecoins suffer from no liquidity backing the peg, making them inherently unstable or centralize rewards to seigniorage stakeholders. FEI proposes a model similar in design to fractional reserve central banking, where the protocol issues FEI for a subsidized price against ETH at its genesis event and subsequently uses the incurred Ether as a treasury to maintain the peg.
Top movers of the day at 14:10 are FC Porto Fan Token and Circuits of Value. Since 2 pm FC Porto Fan Token has surged 31.74%, Circuits of Value 15.60%. Frax Share has increased by 6.06%.
The crypto markets trended sideways. In the last 24 hours 2100NEWS DA Indexes have dropped between 6.15% and 9.21%. 2100NEWS Digital Assets Total Index (NWST1100) and Ether have fallen by 7.87% both. Similarly, Bitcoin has fallen by 7.60%.
FC Porto Fan Token (PORTO)
| 2100NEWS ranking: 637, Microcap Non-Ethereum-based Token, Index member: NWST1100, NWSMi500 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Excellent, Score: 11.8 (Average for Microcap: 6.3) |
FC Porto is a BEP-20 token as well as the standard native token of FC Porto. Additionally, PORTO fuels FC Porto fans with broader accessibility, more functionalities, and lower fees. In addition to these advantages, the PORTO token also successfully won the trust of millions of users worldwide thanks to its security, transparency, and huge value.
Top movers of the day at 14:10 are Spell Token and Centrifuge. Since 9 am Spell Token has surged 16.98%, Centrifuge 7.63%. Efforce is 2.81% lower.
The crypto markets were still sliding down. Since 9 am 2100NEWS DA Indexes have decreased between 0.59% and 2.40%. 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 1.76% lower. Bitcoin and Ether have fallen more than 2%: BTC -2.13%, ETH -2.75% (as of 9 am).
Spell Token (SPELL)
| 2100NEWS ranking: 236, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSDM100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 8.9 (Average for Mid-caps: 12.6) |
Abracadabra.money is a lending platform that uses interest-bearing tokens (ibTKNs) as collateral to borrow a USD pegged stablecoin that can be used as any other traditional stablecoin.
The day’s top movers (at 9 am) are FC Porto Fan Token and Efforce, soaring 51.43% since midnight.
The crypto markets have plummeted. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -5.64% and -10.62%. 
Over the past 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has plummeted by 7.40%, Ether by 4.73%, and Bitcoin by 6.22%.
Efforce (WOZX)
| 2100NEWS ranking: 293, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 12.8 (Average for Mid-caps: 12.6) |
EFFORCE is the first platform that allows contributors to benefit from the energy savings generated by energy efficiency projects worldwide.
Gnosis (GNO)
| 2100NEWS ranking: 93, Large-cap Ethereum-based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSET100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 13.4 (Average for Large-caps: 17.2) |
Started in 2015, Gnosis is a decentralized prediction market built on the Ethereum protocol. Third-party developers will also be able to introduce their own services. A prediction market utilizes user predictions to aggregate information about future events, and Individuals will be able to create prediction markets for events, allowing users to buy shares of predicted events. The platform employs a dual token structure: Gnosis (GNO) and OWL. GNO are ERC-20 tokens that the team sold during their ICO. OWL tokens are earned by staking GNO. The amount of OWL received is dependent on the length of the lock period as well as the total supply of OWL tokens in the market.
Lily
Litecoin