Movers of the Day 13-Mar-2023

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

Top movers of the day are Conflux Network and Loom Network. Since 7 pm Conflux Network has increased by 10.61%, Loom Network is 1.93% higher.

The crypto markets finished the day in green as illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the last 24 hours. 2100NEWS Indices ended between +6.14% and +9.70%. 2100NEWS Total Index (NWST1100) ended +8.76%. Bitcoin ended +11.09%, Ether ended +6.90%.


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



Conflux (CFX)

2100NEWS ranking: 103, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 10.9 (Average for Coins: 15.7)

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.


Top movers of the day at 19:10 are Conflux Network and Loom Network. Since 2 pm Conflux Network has surged 29.04%, Loom Network 15.40%. In the afternoon the crypto markets went up strongly. Since 2 pm 2100NEWS Indices have increased up to 8.08%. 2100NEWS Total Index (NWST1100) is 7.28% higher. Ether has increased by 5.78%, Bitcoin even 9.20%.



Conflux (CFX)


The day’s top movers (at 2 pm) are Conflux Network and Synthetix. Loom Network has surged by 20.75% since 9 am. The crypto markets have consolidated. In the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has soared 8.83%, Bitcoin 7.76%, and Ether 7.84%.



Loom Network (LOOM)

2100NEWS ranking: 255, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade:  Ordinary, Score: 13.3, (Average for Mid-caps: 12.9)

Loom Network is a Platform as a Service built on top of Ethereum, allowing developers to run large-scale decentralized applications. This lets developers build DApps with the trust and security of the world’s most secure public blockchain, along with the computing resources necessary to run commercial-scale services. Like Filecoin tokenized disk space, Loom aims to be the tokenized application protocol of the new decentralized web.


The day’s top movers (at 9 am) were Conflux Network and Synthetix, surging by 20.29% since midnight. The crypto markets have sharply rebounded after the decision by Treasury to backstop all deposits at SVB and Signature — not just those up to $250,000 insured under federal law — rested on a judgment that it was necessary to avoid a broader “systemic” meltdown. The NWST1100 chart shows that the index rebounded to 200-Day Ema – red curve. On the day, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported gains between 2.91% and 4.12%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has soared 9.97%, Bitcoin 9.95%, and Ether 9.83%.




Synthetix (SNX)

2100NEWS ranking: 47, Large-cap Ethereum-based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSET100
2100NEWS DA Orderbook Quality Evaluation Grade:  Ordinary, Score: 18.5 (Average for Large-caps: 18.2)

Synthetix, formerly Havven, is a cryptoasset-backed network that enables the creation of on-chain synthetic assets. Synthetix is a decentralized payment network where users transact directly in a price-stable cryptocurrency. Those who use the stablecoin pay fees to those who collateralize the network, compensating them for the risks of providing collateral and stability. Collateral providers control the money supply, and fees are distributed proportionately to each individual’s stabilization performance. Thus, Synthetix rewards suppliers with stability and charges those who demand it.


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