Movers of the Day 14-Sep-2022


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

The day’s top movers are Beam and Firo, rising by 17.17% since 7 pm. The crypto markets trended sideways, as illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the last 24 hours. During the same period, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen by 0.67%, Bitcoin by 0.46%, and Ether by 1.74%.

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

 

FIRO

Firo (FIRO)

2100NEWS ranking: 359, Small cap, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 12.5, (Average for Small caps: 9.8)

Firo, formerly known as Zcoin, is a cryptocurrency that focuses on being private digital cash. It created the Lelantus privacy protocol, which allows users to burn their coins and redeem them later for brand new ones without transaction history. Before Lelantus, it was also the first cryptocurrency to code and launch a practical implementation of the Zerocoin protocol, which became one of the most prevalent privacy protocols in use, prior to it being replaced by Sigma and then Lelantus after cryptographic flaws were discovered in the Zerocoin protocol in 2019.

The crypto markets trended sideways. The top mover of the day at 19:10 is Beam which has surged 43.60% since 2 pm. Aergo has increased by 4.53%, and Neblio by 4.69%. Over the last 24 hours, 2100NEWS Indices have decreased between 1.33% and 2.44%. 2100NEWS Total Index (NWST1100) is 2.12% lower. Bitcoin has fallen by 3.00%, Ether 1.36%.

 

BEAM

Beam (BEAM)

2100NEWS ranking: 443, Small cap, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 12.1 (Average for Small caps: 9.8)

Beam is a cryptocurrency that emphasizes privacy and anonymity with Mimblewimble implementation. Without address information stored on the blockchain and keeping transactions private by default, Beam is meant to give control over privacy to users and scalability in its compact design. Having no premine or ICO, Beam is backed by a Treasury and designated a non-profit foundation to govern the protocol.

 

The day’s top movers (at 2 pm) are Nervos Network and Hifi Finance, surging by 22.76% since 9 am. The crypto markets have consolidated. During the same period, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has plummeted by 8.83%, Bitcoin even 10.23%, and Ether by 8.18%.

 

MFT

Hifi Finance (MFT)

2100NEWS ranking: 236, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 15.3 (Average for Mid-caps: 12.4)

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 of the Hifi Lending Protocol.

 

The crypto markets trended sideways. The day’s top movers (at 9 am) were Nervos Network and Divi. Flux has risen by 11.88% since midnight. On the day, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported losses between -0.26% and -0.97%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has plummeted by 7.43%, Bitcoin even 9.23%, and Ether by 5.87%.

 

FLUX

Flux (FLUX)

2100NEWS ranking: 129, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade:  Ordinary, Score: 15.6 (Average for Tokens: 15.1)

Flux is the new generation of scalable decentralized cloud infrastructure. Develop, manage, and spawn your applications on multiple servers at once—Ready for Web 3.0, Dapps, and more. The Flux Ecosystem is a fully operational suite of decentralized computing services and blockchain-as-a-service solutions that offer an interoperable, AWS-like development environment. The Ecosystem consists of the following components, all fully deployed and operational: Flux, a native GPU mineable POW (Proof of Work) coin providing incentive for hardware hosters, XDAO governance on-chain, and lousy actor mitigation via staking requirements for running hardware.

 

DIVI

Divi (DIVI)

2100NEWS ranking: 343, Small cap, Index member: NWST1100, NWSS300, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 8.6 (Average for Coins: 14.5)

The Divi Project is a PoS blockchain with the slogan “Crypto Made Easy.” The company is focused on bringing cryptocurrency to ordinary users by making it more user-friendly and reducing user error. The team is reportedly known for inventing the multi-tier masternode concept and claims to be the only masternode that can be set up from the wallet with a single click using its “MOCCI” system. Divi also has weekly lottery blocks that pay 11 of its stakers. Divi aims to create its own user-friendly “Chain Lightning” network that they believe will be more usable than Bitcoin’s version. It will have atomic swaps, an advanced governance system, and a multi-coin wallet designed to make Bitcoin and other cryptocurrencies user-friendly. The Divi team includes four different advisers who frequently speak on the national circuit. This includes former Yahoo Chief Solutions Officer Tim Sanders, futurist Ramez Naam, former Coin Telegraph CEO Toni Lane Casserly, Doug Scott, former President of Ogilvy Entertainment, and top crypto influencers Joel Comm and Travis Wright from the Bad Crypto Podcast.

 



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