Movers of the Day 29-Nov-2022

2100news (14)

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

The day’s top movers are Telcoin and Ribbon Finance, rising by 3.93% 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 green. Since 7 pm, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported gains between 0.27% and 1.05%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has surged by 2.27%, Ether even 3.99%, and Bitcoin by 1.51%.

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

 

RBN

Ribbon Finance (RBN)

2100NEWS ranking: 153, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 12.5, (Average for Tokens: 15.5)

Ribbon Finance is the governance token of Ribbon Finance, a new protocol that helps users access crypto-structured products for DeFi. It combines options, futures, and fixed income to improve a portfolio’s risk-return profile. Ribbon uses financial engineering to create structured products that deliver sustainable yield, and ribbon’s first product focuses on yield through automated options strategies. The protocol also allows developers to create arbitrarily structured products by combining various DeFi derivatives.

The crypto markets trended sideways. The day’s top movers (at 7 pm) were Telcoin and Wanchain, rising by 12.53% since 2 pm. On the day, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported gains between 0.89% and 2.63%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen by 1.07%, Ether even 2.84%, and Bitcoin by 0.84%.

 

WAN

Wanchain (WAN)

2100NEWS ranking: 333, Small cap, Index member: NWST1100, NWSS300, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade:  Good, Score: 19.8, (Average for Coins: 15.3)

Wanchain is a distributed ledger that: achieves the interconnection and interoperability between different blockchain networks, completes records of cross-chain transactions, and maintains cross-chain transaction details. Wanchain supports cross-chain transactions between mainstream public chains, between private chains, and between public and private chains.

The crypto markets surged. The day’s top movers (at 2 pm) were Wanchain and Telcoin, rising by 9.19% since 9 am. On the day, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported gains between 1.73% and 3.97%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has surged by 2.74%, Ether even 3.82%, and Bitcoin by 1.78%.

 

TelcoinTelcoin (TEL)

2100NEWS ranking: 185, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 10.3, (Average for Mid-caps: 12.7)

Telcoin is a new cryptocurrency based on the Ethereum blockchain distributed by your national telecom operator and made available to everyone anytime, anywhere. This is the core of our business, and mobile network operators will be at the center of our strategy.

The crypto markets rallied. The day’s top movers (at 9 am) were RSK Infrastructure Framework and Wanchain, rising by 14.40% since midnight. On the day, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported gains between 1.46% and 3.60%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has surged by 2.40%, Ether by 2.85%, and Bitcoin by 1.58%.

 

RIF

RSK Infrastructure Framework (RIF)

2100NEWS ranking: 284, Mid-cap Non- Ethereum-based Token, Index member: NWST1100, NWSM200, NWSOT50
2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 11.8 (Average for Mid-caps: 12.7)

RIF aims to create the building blocks to construct a fully decentralized internet. All RIF services are designed to facilitate the interaction of the global community of developers and blockchain technology.

 


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