Movers of the Day 12-Sep-2022
Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are Ravencoin and Aleph.im. Since 7 pm Ravencoin has surged 13.90%, Aleph.im even 36.45%.
Most cryptocurrencies finished the day in green as illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the last 24 hours. The large caps measured by 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) ended +1.54%. 2100NEWS Digital Assets Total Index (NWST1100) ended +1.79%. Bitcoin ended +3.82% while Ether ended -1.03%.
Please read the notes to find out which criteria have been selected.
Ravencoin (RVN)
2100NEWS ranking: 68, Large-cap, Index member: NWST1100, NWSL100, NWSCo100, NWSDM100 |
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 20.5 (Average for Large-caps: 17.2) |
Ravencoin is a blockchain and platform optimized for transferring assets, such as tokens, from one holder to another. Based on the extensive development and testing of the UTXO model of the Bitcoin protocol, Ravencoin is built on a fork of the Bitcoin code. Key changes include a block reward time of one minute, a change in the number of coins issued but not the weighted distribution schedule, and the addition of asset creation and messaging capabilities. Ravencoin is free and open source. All Ravencoin (RVN) are fairly issued and mined publicly and transparently using Proof of Work (POW) using the x16r algorithm, which was created for Ravencoin. There is no private, public, founder, or developer allocation set aside. Ravencoin is intended to prioritize security, user control, privacy, and censorship resistance. It is open to use and development in any jurisdiction while allowing simple additional features for users based on need.
Top movers of the day at 19:10 are Phoenix Global and Neblio. Since 2 pm Phoenix Global has surged 36.38%, Neblio 24.95%. SONM (BEP-20) is 20.45% higher. In the afternoon the crypto markets turned down. Since 2 pm 2100NEWS DA Indexes have decreased between 0.96% and 2.58%. 2100NEWS Digital Assets Total Index (NWST1100) is 1.33% lower. Ether has fallen by 2.03%, Bitcoin 0.39%.
Phoenix Global (PHB)
2100NEWS ranking: 3933 Non-Ethereum-based Token, Index member: – |
2100NEWS DA Orderbook Quality Evaluation Score: 8.3 |
Phoenix Global is the result of the merger between Red Pulse and APEX Network, which took place in November 2020. Phoenix Global focuses on the blockchain enablement of the real economy. The platform aims to employ blockchain technology to unleash the value of real-world assets, such as data, alternative assets, and other intangible asset classes.
The day’s top movers (at 2 pm) are Phoenix Global and Loom Network, soaring 38.62% since 9 am. The crypto markets have risen. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported gains between 0.87% and 3.36%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen by 1.62%, Bitcoin even 3.17%, while Ether has fallen by 1.22%.
Loom Network (LOOM)
2100NEWS ranking: 372, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300 |
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 13.3 (Average for Small caps: 9.4) |
Loom Network is a Platform as a Service built on top of Ethereum, allowing developers to run large-scale decentralized applications. This lets developers build DApps with the trust and security of the world’s most secure public blockchain, along with the computing resources necessary to run commercial-scale services. Like how Filecoin tokenized disk space, Loom aims to be the tokenized application protocol of the new decentralized web.
The crypto markets trended sideways. The day’s top movers (at 9 am) were Loom Network and Phoenix Global. STP Network has soared 68.38% since midnight. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen by 0.90%, Bitcoin by 1.73%, while Ether has fallen by 1.05%.
STP (STPT)
2100NEWS ranking: 206, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSDM100 |
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 15.6 (Average for Mid-caps: 12.4) |
Standard Tokenization Protocol is an open-source standard defining how tokenized assets are issued and transferred while complying with all necessary regulations. Tokens built on top of the STP-Standard will use the protocol’s on-chain Validator to verify compliance with any jurisdictional or issuer-specific requirements. Standard Tokenization Protocol allows assets to be tokenized in a way that makes them fully compliant across jurisdictions and transferable across any blockchain platform.