Movers of the Day 16-Nov-2022


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

The day’s top movers are Secret Network and DFI.Money. Polkastarter has surged by 24.73% since 7 pm.

As illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the last 24 hours, the crypto markets ended in the red. During the same period, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has dropped 2.40%, Bitcoin by 1.89%, and Ether even 3.03%.

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

 

POLS

Polkastarter (POLS)

2100NEWS ranking: 292, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 11.1, (Average for Mid-caps: 12.4)

Polkastarter is a protocol built for cross-chain token pools and auctions, enabling projects to raise capital on a decentralized, permissionless, and interoperable environment based on Polkadot. The platform allows cryptocurrency projects to raise funds by setting up a swap pool based on a fixed purchase rate for tokens. These so-called “Fixed Swap Pools” have many advantages for token sale investors over traditional fundraising models like ICOs, IEOs, and IDOs (Initial DEX Offerings). Fixed Swap Pools will maintain the token price throughout the sale until the initial supply is bought.

In the afternoon, the crypto markets were still sliding down. The top mover of the day at 19:10 is Circuits of Value which has increased by 11.74% since 2 pm. Coinweb is 7.86% higher, while Secret Network has fallen by 7.24%. Since 2 pm, the tokens built on Ethereum measured by 2100NEWS Ethereum Based Index (NWSET100) have fallen by 1.13%. 2100NEWS Total Index (NWST1100) and Bitcoin are 1.09% lower. Similarly, Ether has decreased by 1.04%.

 

COVAL

Circuits of Value (COVAL)

2100NEWS ranking: 447, Small cap Non-Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 9.7 (Average for Small caps: 9.9)

The circuits-of-value system is being designed with a central goal of driving value using “off-chain” methods. This means native coin assets and tokens from other public and private blockchains networks (consisting of COVAL itself) access the COVAL Network of issued ledgers (COVAL Sidechains). They can be transacted flexibly and securely by employing skeptical p2p models in COVAL Network. Both individual tokens and wallets (containers of coins) represented by sidechain assets called Emblems are included in COVAL transactions.

 

The day’s top movers (at 2 pm) are S.S. Lazio Fan Token and Secret Network, surging by 23.39% since 9 am. The crypto markets have dropped. On the day, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported losses between 0.22% and 1.37%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen 1.23%, Bitcoin by 0.40%, and Ether even 2.61%.

 

SCRT

Secret (SCRT)

2100NEWS ranking: 141, Mid-cap Non-Ethereum-based Coin, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 13.8 (Average for Coins: 15.4)

Secret Network is the first blockchain with privacy-preserving smart contracts. That means applications built on Secret can utilize encrypted data without revealing it to anyone, even the nodes in the network. For the first time, Secret Network allows developers to build powerful, permissionless, privacy-preserving applications – Secret Apps.

 

The crypto markets trended sideways. The day’s top movers (at 9 am) were S.S. Lazio Fan Token and FC Porto Fan Token. Secret Network has surged by 26.92% since midnight. On the day, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported gains of up to 1.66%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen 1.00% and Bitcoin by 0.90%, while Ether has fallen by 0.51%.

 

PORTO

FC Porto Fan Token (PORTO)

2100NEWS ranking: 343, Small cap Non-Ethereum-based Token, Index member: NWST1100, NWSS300, NWSOT50
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 11.8 (Average for Non-Ethereum-based Tokens: 12.5)

FC Porto is a BEP-20 token as well as the standard native token of FC Porto. Additionally, PORTO fuels FC Porto fans with broader accessibility, more functionalities, and lower fees. In addition to these advantages, the PORTO token also successfully won the trust of millions of users worldwide thanks to its security, transparency, and huge value.

 



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