Movers of the Day 29-Oct-2022

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

Top movers of the day are Dogelon Mars and Mask Network. Since 9 am Dogelon Mars has surged 21.46%, Mask Network 15.88%. Dogecoin has soared 50.61%.

During the day the crypto markets were up and finished 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. The large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) ended +3.77%. Our main 2100NEWS Total Index (NWST1100) ended +2.83%. Bitcoin ended +1.34%, Ether ended +4.59%.

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

 

ELON

Dogelon Mars (ELON)

2100NEWS ranking: 252, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 7 (Average for Mid-caps: 12.5)

Dogelon Mars is a dog-themed meme coin on Ethereum and Polygon. It follows the example of other successful dog coins like Dogecoin, Shiba Inu, and Floki Inu. Dogelon Mars plays on several popular themes in the meme coin space. Its name is a mixture of Dogecoin and Elon Musk, the billionaire entrepreneur who is an outspoken supporter of Doge. It alludes to Mars, a spin on the famous moon meme, implying that Dogelon will experience a massive upward movement. Beyond its tongue-in-cheek name, Dogelon Mars has managed to build a significant community, with more than 300,000 Twitter followers and more than 84,000 followers on Telegram.

 

DOGE

Dogecoin (DOGE)

2100NEWS ranking: 14, Blue chip, Index member: NWST1100, NWSL100, NWS30, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 13.1 (Average for Blue chips: 23.3)

Dogecoin is an open-source, peer-to-peer digital currency favored by Shiba Inus worldwide. Dogecoin is a decentralized, peer-to-peer digital currency that enables you to send money online easily. Think of it as “the internet currency.” One of the most popular uses for Dogecoin is “tipping” fellow internet-goers who create or share great content. Think of it as a more meaningful “like” or upvote with real value that can be used across the internet.

 

Top movers of the day are Mask Network and Dogelon Mars. Since midnight Mask Network has surged 36.74%, Dogelon Mars 28.29%. Mina Protocol is 20.16% higher.

The crypto markets moved higher this morning. Since midnight 2100NEWS Indices which measure the performance of different groups of tokens and coins have increased up to 1.18%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 1.01% higher. Bitcoin has increased by 0.50%, Ether even 1.91%.

 

MASK

Mask Network (MASK)

2100NEWS ranking: 291, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 16.8 (Average for Mid-caps: 12.5)

Mask Network is a protocol that allows its users to send encrypted messages over Twitter and Facebook. It essentially acts as a bridge between the internet and a decentralized network running on top.

MINA

Mina (MINA)

2100NEWS ranking: 69, Large-cap , Index member: NWST1100, NWSL100, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 17.5 (Average for Large-caps: 18.1)

Mina Protocol is a minimal “succinct blockchain” built to curtail computational requirements to run DApps more efficiently. Mina has been described as the world’s lightest blockchain since its size is designed to remain constant despite growth in usage. Furthermore, it remains balanced in terms of security and decentralization. The project was rebranded from Coda Protocol to Mina in October 2020.

 


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