Movers of the Day 29-Sep-2022


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

The day’s top movers are Ethernity Chain and Beta Finance, surging by 23.11% since 7 pm. The crypto markets have rebounded, 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 fallen by 0.29%, Ether by 0.98%, and Bitcoin by 1.01%.

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

 

BETA

Beta Finance (BETA)

2100NEWS ranking: 266, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 10.7 (Average for Mid-caps: 12.3)

Beta Finance is a permissionless money market on Ethereum for borrowing, lending, and shorting crypto assets. It allows users to access a scalable and accessible money market where tokens can be listed permissionless and automatically and where users can short these tokens. Beta Finance plans to launch on additional layer one and layer two solutions after its Ethereum Mainnet launch. Users have three options: lending, borrowing, and shorting. Lenders can lend crypto assets for any market on Beta Finance and earn interest on it. Borrowers can take the contrary position, while short-sellers can use collateral to initiate short positions. Unlike centralized exchanges, Beta Finance does not use an order book to execute shorts but routes the trade through decentralized exchanges that use automated market makers. As part of its Phase 2 launch, the platform plans to release permissionless money market creation.

 

The crypto markets still trended sideways. Top movers of the day at 19:10 are Virtua and Decentralized Social. Since 2 pm, Virtua has surged 13.56%, and Decentralized Social is 2.96% higher. In the last 24 hours, 2100NEWS Indices have increased up to 0.76%. 2100NEWS Total Index (NWST1100) is 0.32% higher. Ether has increased by 0.70%, while Bitcoin is 0.09% lower.

 

TVK

Virtua (TVK)

2100NEWS ranking: 435, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 12.2 (Average for Small caps: 10)

Virtua is a gamified metaverse that provides immersive social, Web3 gaming, digital collectible, and interactive experiences through its curated marketplace, interactive virtual environments, and exclusive brand partnerships, including Legendary Entertainment, Paramount Pictures, Dynamite Comics, and Williams Racing.

 

The day’s top movers (at 2 pm) are Velas and Ethernity Chain, rising by 12.39% since 9 am. The crypto markets have trended sideways. On the day, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported losses between -0.10% and -0.89%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen by 2.74%, Ether by 3.58%, and Bitcoin by 3.08%.

 

ERN

Ethernity Chain (ERN)

2100NEWS ranking: 412, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 10.3 (Average for Small caps: 10)

Ethernity Chain is a community-oriented platform that produces limited edition authenticated NFTs and trading cards created by your favorite artists and endorsed by notable figures. Built on the Ethereum Network, it aims to build the biggest A-NFT library, reward its creators and raise funds for charitable causes forever. Its unique DEFI applications allow ERN token holders to farm rare A-NFTs and vote on proposals that will amend the Ethernity Chain ecosystem.

 

The crypto markets rose. The day’s top movers (at 9 am) were Velas and Ethernity Chain, soaring 66.82% since midnight. On the day, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported losses between -0.22% and -1.09%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen by 3.19%, Ether by 3.57%, and Bitcoin by 3.57%.

 

PHB

Phoenix Global (PHB)

2100NEWS ranking: 4016 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.

 

POLY

Polymath (POLY)

2100NEWS ranking: 136, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100
2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 12.7 (Average for Tokens: 15)

The Polymath Network is a blockchain-based system to coordinate and incentivize participants to collaborate and launch financial products on the blockchain. The Polymath team aims to create a standard token protocol that embeds defined requirements into the tokens themselves to ease the primary issuance and secondary trading of blockchain securities tokens.

 



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