Movers of the Day 21-Feb-2023

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

Top movers of the day are Velo and Bitcoin Diamond. Since 7 pm Velo has surged 21.52%, Bitcoin Diamond 4.37%.

In the evening the crypto markets stepped down and finished the day in red. 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. 2100NEWS Indices ended between -1.33% (NWSOT50) and -3.21% (NWSET100). 2100NEWS Total Index (NWST1100) ended -2.18%. Bitcoin ended -1.45%, Ether ended -2.55%.

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

 

VELO

Velo (VELO)

2100NEWS ranking: 671, Microcap Non-Ethereum-based Token, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 4.7 (Average for Microcap: 6.6)

Velo is a blockchain-based financial protocol enabling digital credit issuance and borderless asset transfer for businesses using a smart contract system. VELO tokens are utility tokens designed to ensure the settlement of digital credits issued in the ecosystem by being used as smart contract-locked collateral for value transfers. Value for VELO token holders will increase as demand for digital credits grows and transfer volumes increase with the addition of more business partners and end-users. Velo’s core mission is to build a decentralized settlement network that allows its Trusted Partners to securely transfer value among one another in a timely and transparent manner. Velo’s initial focus would be on business partners in the remittance and money transfer spaces in Southeast Asia, followed by the wider Asia Pacific region and beyond.

 

Top movers of the day at 19:10 are Ankr Network and dForce. Since 2 pm Ankr Network has surged 54.41%, dForce 12.85%. The crypto markets trended sideways. In the last 24 hours 2100NEWS Indices have decreased between 0.03% and 2.12%. 2100NEWS Total Index (NWST1100) is 1.40% lower. Bitcoin has fallen by 1.01%, Ether 1.47%.

 

ANKR

Ankr (ANKR)

2100NEWS ranking: 94, Large-cap Ethereum-based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade:  Ordinary, Score: 18.4 (Average for Large-caps: 18.2)

Ankr is a distributed computing platform that aims to leverage idle computing resources in data centers and edge devices. Ankr enables a Sharing Economy model where enterprises and consumers can monetize their spare computing capacities from their devices, on-premise servers, private cloud, and even public cloud. This enables Ankr to provide computing power much closer to users at a much lower price.

 

The day’s top movers (at 2 pm) are RSK Infrastructure Framework and Linear Finance, rising by 16.89% since 9 am. The crypto markets have retraced. On the day, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported losses between -0.34% and -1.91%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen 1.29%, Ether by 1.66%, and Bitcoin by 0.57%.

 

LINA

Linear Finance (LINA)

2100NEWS ranking: 358, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade:  Good, Score: 13.7 (Average for Small caps: 9.7)

Linear Finance (“Linear”) is a non-custodial, cross-chain compatible, delta-one asset protocol. Linear’s long-term DeFi vision is to increase inclusiveness and democratize access to investment assets (digital and traditional). Tremendous value exists in the ability for investors to easily and quickly invest, save fees, and secure assets at fair market value. Linear combines substantial technical experience from numerous crypto projects with extensive financial experience in exotic and structured assets from traditional global asset management firms to bring to market one of the first DeFi projects built upon Ethereum with cross-chain compatibility.

 

The crypto markets trended sideways. The day’s top movers (at 9 am) were Neo and Linear Finance, soaring 46.17% since midnight. On the day, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported gains between 0.23% and 2.49%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen 1.33%, Ether by 0.44%, and Bitcoin by 1.96%.

 

CFX

Conflux (CFX)

2100NEWS ranking: 209, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 10.9 (Average for Coins: 15.5)

Conflux Network is a token of Conflux Network. Conflux Network is an open network built to drive the next generation of global commerce by unlocking tomorrow’s decentralized applications and digital assets. Conflux enables a secure and interoperable flow of assets and data across protocols & applications to create an internet of value for all. The public, permissionless blockchain is powerful and developer-friendly. Conflux delivers a robust network with solidity compatibility, zero congestion, and low fees by integrating Proof of Work into a Tree Graph architecture.

 


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