Movers of the Day 19-Oct-2022
Tokens and coins that moved the most in the last 24 hours:
The day’s top movers are Balancer and LUKSO. TerraClassicUSD has risen by 6.13% since 7 pm.
The crypto markets have 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 fallen by 0.82%, Bitcoin by 0.55%, and Ether even 1.37%.
Please read the notes to find out which criteria have been selected.
TerraClassicUSD (USTC)
| 2100NEWS ranking: 7527 Non-Ethereum-based StableCoin, Index member: – |
| 2100NEWS DA Orderbook Quality Evaluation Score: 13 |
Terra is an open-source blockchain hosting a vibrant ecosystem of decentralized applications (dApps) and top-tier developer tools. Using proof-of-stake consensus and ground-breaking technologies like Mantlemint, Terrain, and Terra Station, the Terra blockchain is one of the fastest chains in existence, giving users an unparalleled DeFi experience. As a permissionless, borderless economy, Terra enables next-generation financial products to be accessible to anyone with an Internet connection.
The crypto markets trended sideways. The top movers of the day at 19:10 are Decentralized Social and PIVX. Since 2 pm, Decentralized Social has increased by 6.18%, PIVX 5.30%. Over the last 24 hours, 2100NEWS Indices have fallen between 0.65% and -2.19%. 2100NEWS Total Index (NWST1100) is 1.11% lower. Bitcoin has fallen by 1.21%, Ether by 0.99%.
Decentralized Social (DESO)
| 2100NEWS ranking: 237, Mid-cap , Index member: NWST1100, NWSM200, NWSCo100, NWSDM100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 7.7 (Average for Coins: 14.7) |
DeSo is a new type of blockchain designed to power Web 3.0 decentralized social networks. Since its inception in 2019, DeSo has aimed to solve the problems created by present social media centralization. Today, a handful of private companies effectively control public discourse, earning monopoly profits; meanwhile, the creators who actually produce the content are often underpaid and under-engaged. In contrast, DeSo’s social blockchain treats social media content as a public utility, making it permissionless and available to anyone. DeSo combines the paradigm of an open P2P financial system offered by cryptocurrencies with an efficient and scalable database infrastructure tailored to bring about the next generation of Web 3.0 social networks.
The day’s top movers (at 2 pm) are Decentralized Social and LUKSO. JUST has risen by 6.93% since 9 am. The crypto markets have fallen. On the day, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported losses between -0.66% and -2.04%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen 2.04%, Ether by 2.30%, and Bitcoin by 2.02%.
JUST (JST)
| 2100NEWS ranking: 103, Mid-cap Non-Ethereum based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSOT50 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 16.8 (Average for Tokens: 15.2) |
JUST aims to build a fair, decentralized financial system that provides stablecoin lending and governance mechanisms for users worldwide. JUST is a two-token system. The first token, USDJ, is a stablecoin pegged to the US Dollar at a 1:1 ratio and is generated by collateralizing TRX via JUST’s CDP portal. JST, the second token, can be used for paying interest, platform maintenance, participating in governance through voting, and other activities on the JUST platform. JUST allows all transactions, collateralization, and governance to be transparently executed on-chain. JUST is built on the TRON Network, the largest decentralized application ecosystem, and aims to provide a set of easy-to-use and transparent financial services for all its members.
The crypto markets plunged. The day’s top movers (at 9 am) were Decentralized Social and LUKSO, surging by 20.04% since midnight. On the day, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported losses between -0.57% and -1.75%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has plunged 2.57%, Ether by 3.01%, and Bitcoin by 2.31%.
LUKSO (LYXE)
| 2100NEWS ranking: 264, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 8.8 (Average for Mid-caps: 12.4) |
LUKSO, the Blockchain for the new digital lifestyle, is created by former Ethereum Developer Fabian Vogelsteller, author of ERC20 and ERC725, developer of web3.js, and the Mist Browser. LUKSO is a multiverse blockchain network where the worlds of fashion, gaming, design, and social media intersect. LUSKO focuses on bringing Blockchain to the masses through its smart contract-based Blockchain, industry-involving standards processes, and an innovative new direction of decentralized applications.
Mdex (MDX)
| 2100NEWS ranking: 253, Mid-cap Non-Ethereum-based Token, Index member: NWST1100, NWSM200, NWSOT50 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 11.1 (Average for Non-Ethereum-based Tokens: 12.7) |
Mdex is an automatic market-making decentralized exchange based on the concept of fund pools. It is similar in function to some DEXs on the market, but on this basis, it proposes and implements a dual-chain DEX model based on the Huobi Eco Chain and Ethereum. It combines the advantages of the low transaction fees of the Huobi Eco Chain and the prosperity of the Ethereum ecosystem. It supports the dual mining mechanism of liquidity and transactions.
Lily
Litecoin