Movers of the Day 25-Nov-2022


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

The day’s top movers are Chrono.tech and Ren. Beta Finance has surged by 22.81% since 7 pm.

As illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the last 24 hours, the crypto markets have trended sideways. During the same time, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen by 0.15% and Ether by 0.26%, while Bitcoin has fallen by 0.27%.

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

 

BETA

Beta Finance (BETA)

2100NEWS ranking: 285, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Score:  Poor, Score: 10.7 (Average for Mid-caps: 12.7)

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 trended sideways. The day’s top movers (at 7 pm) were Chrono.tech and Ren. PlatON Network has surged by 26.73% since 2 pm. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen by 0641%, Bitcoin by 0.76%, and Ether by 1.10%.

 

LAT

PlatON (LAT)

2100NEWS ranking: 457, Small cap, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 7.6, (Average for Small caps: 10)

PlatON is a future-oriented infrastructure for privacy computation and distributed economies built on blockchain and cryptographic technologies. PlatON aims to enable and facilitate trades in data usage while protecting data ownership and privacy, eventually establishing a viable market for data and computing power. PlatON, in its capacity as a data and computation marketplace, differentiates from other public blockchains with many added features, which creates a new value proposition for its native token and requires a unique governance structure.

The crypto markets trended sideways. The day’s top movers (at 2 pm) were Neblio and SONM. Ren has risen by 18.09% since 9 am. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen by 0.21%, while Bitcoin has fallen by 0.21% and Ether by 0.14%.

 

REN

Ren (REN)

2100NEWS ranking: 159, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100
2100NEWS DA Orderbook Quality Evaluation Score:  Ordinary, Score: 17.3, (Average for Tokens: 15.5)

Ren is an open protocol meant to enable the permissionless and private transfer of value between any blockchRen’sRen’s core product, RenVM, is focused on bringing interoperability to decentralized finance (DeFi).

The crypto markets trended sideways. The day’s top movers (at 9 am) were Neblio and SONM. Chrono.tech has surged by 21.21% since midnight. On the day, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported losses between -0.46% and -1.50%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen by 1.59%, Bitcoin by 1.63%, and Ether by 1.86%.

 

TIME

Chrono.tech (TIME)

2100NEWS ranking: 497, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Score:  Poor, Score: 4.7 (Average for Small caps: 10)

Chrono.tech token is developed utilizing the Ethereum ecosystem, specifically leveraging the ERC20 token standard. Chrono.tech is building a comprehensive ecosystem for HR and finance, helping reduce or eliminate the barriers to recruitment and payment processes for workers and employers. Chrono.tech was founded in 2016 in Sydney, Australia, with the vision of transforming the way Individuals access jobs and Businesses connect with Contractors. As a Fintech Company focusing on HR solutions, Chrono.tech reduces & eliminates the barriers to Recruitment and Payment Processes for both Workers and Employers by utilizing Blockchain Technology.

 

SNM

SONM (BEP-20) (SNM)

2100NEWS ranking: 598, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade:  Excellent, Score: 16, (Average for Small caps: 10)

Sonm provides cloud services based on distributed customer-level hardware, including PCs, mining equipment, and servers. Users can either rent out your hardware or use someone’s computing power for their needs. The SNM token is an internal currency in the Sony computing power marketplace. With SNM, users can get access to the resources provided by Sonm. The main idea of fog computing is using a decentralized network formed from disparate individual computing devices instead of a single data center structure.

 



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