Movers of the Day 4-Sep-2022

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

Top movers of the day are Wing Finance and Ravencoin. Since morning Wing Finance has surged 18.62%, Ravencoin 14.46%.

During the day the crypto markets were going up to finish in green. Today’s crypto market movement is illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins ended between +0.45% and +1.67%. Our main 2100NEWS Digital Assets Total Index (NWST1100) ended +1.01%. Bitcoin ended +0.60%, Ether ended +1.21%.

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

 

WING

Wing Finance (WING)

2100NEWS ranking: 352, Small cap Non-Ethereum-based Token, Index member: NWST1100, NWSS300, NWSOT50
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 12.7 (Average for Non-Ethereum-based Tokens: 12.5)

Wing is described to be a credit-based, cross-chain DeFi lending platform dedicated to the crypto asset lending and cross-chain interactions between DeFi products. The project’s decentralized governance model and risk control mechanism are described to promote a mutually beneficial relationship between borrowers, creditors, and guarantors. Wing has also developed a credit evaluation module as a showcase example of credit-based decentralized lending.

 

Top movers of the day are HyperDAO and BarnBridge. Since midnight HyperDAO has surged 40.21%, BarnBridge 14.43%. Ergo has increased by 1.92%.

Most cryptocurrencies moved lower this morning. Since midnight the blue chips measured by 2100NEWS Digital Assets 30 Blue Chip Index (NWS30) have decreased by 0.14%. Similarly, 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 0.13% lower.  Bitcoin has decreased by 0.25%, Ether 0.30%.

 

HDAO

HyperDAO (HDAO)

2100NEWS ranking: 433, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 12.8 (Average for Small caps: 9.5)

HyperDAO is committed to creating an efficient, transparent, and achievable autonomous digital asset financial ecosystem that serves as a one-stop platform for all your financial needs. HyperDAO will gradually transform its existing centralized business model into a decentralized one governed by our community members. By implementing the concepts of decentralization and community governance, HyperDAO will take a step towards a truly decentralized society, one in which decision-making processes are both transparent and autonomous.

 

BOND

BarnBridge (BOND)

2100NEWS ranking: 229, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 12.5 (Average for Mid-caps: 12.6)

BarnBridge is a token of BarnBridgeDAO. BarnBridgeDAO will be the DAO that is controlled by the $BOND community. The BarnBridgeDAO will have complete control over the protocol and the features that are built into it. BarnbridgeDAO will be the final protocol DAO. BarnBridgeDAO will be the final DAO where the community can vote with their $BOND tokens. The BarnBridge DAO will become the core component of the BarnBridge Platform as it enables decentralized decision-making to enforce actions in the community’s interest.

 

ERG

Ergo (ERG)

2100NEWS ranking: 416, Small cap Non-Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 3.2 (Average for Small caps: 9.5)

The Ergo platform aims to provide an efficient, secure, and easy way to implement financial contracts that will be useful and survivable in the long term. Ergo describes itself as a self-amendable protocol that reportedly allows it to absorb new ideas and improve itself in a decentralized manner.

 


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