Movers of the Day 26-Mar-2023

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

Top movers of the day are FLEX and JOE. Since morning FLEX has surged 25.77%, JOE even 25.94%. RSK Infrastructure Framework has increased by 8.36%.

The crypto markets finished the day in green as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS Indices ended between +0.71% and +2.28% (NWSOT50). Our main 2100NEWS Total Index (NWST1100) ended +1.46%. Bitcoin ended +1.37%, Ether ended +1.36%.

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

 

FLEX

FLEX (FLEX)

2100NEWS ranking: 3749 Non-Ethereum-based Token, Index member: –
2100NEWS DA Orderbook Quality Evaluation Score: 4.7 

Founded in 2019, CoinFLEX is the home of crypto yield. The platform offers innovative solutions such as flexUSD — the world’s first interest bearing stablecoin — and AMM+, the most capital–efficient automated market maker for today’s investors. CoinFLEX is dedicated to providing an easily accessible venue for users to earn and trade crypto with minimal friction.

 

JOE

JOE (JOE)

2100NEWS ranking: 176, Mid-cap Non-Ethereum-based Token, Index member: NWST1100, NWSM200, NWSOT50, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 15.2 (Average for Non-Ethereum-based Tokens: 13.2)

JOE is a token developed by Trader Joe, your one-stop decentralized trading platform on the Avalanche network. JOE is a governance token that rewards holders with a share of exchange revenues. The token distribution follows a fixed supply, decaying emission model. 0.05% of all trades are paid to the xJOE staking pool. A share of fees from lending interest and liquidations will also be paid to the xJOE staking pool. The % will be determined at the launch of the lending product. JOE token holders may stake their JOE to xJOE and receive a share of the revenues. In the long term, the founding team envisions Trader Joe as a community-governed protocol, such as a DAO. JOE is a governance token allowing holders to vote on community proposals.

 

Top movers of the day are Serum and MARBLEX which has surged 12.62% since midnight. Serum has increased by 9.96% while Voyager Token is only 2.91% higher.

Today the crypto markets started out higher Since midnight 2100NEWS Indices which measure the performance of different groups of tokens and coins have increased up to 2.24%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization has increased by 0.71%. Ether is 0.82% higher while Bitcoin only 0.24%.

 

SRM

Serum (SRM)

2100NEWS ranking: 236, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 21 (Average for Coins: 15.6)
Warning: Due to the collapse of Alameda and FTX, the Serum program on Solana became defunct.

Serum is a decentralized exchange (DEX) and ecosystem that brings unprecedented speed and low transaction costs to decentralized finance (DeFi). Serum is the only high-performant DEX designed around a fully on-chain central limit order book and matching engine. Ecosystem partners can compose with Serum’s on-chain orderbook to share liquidity and power their trading features for institutional and retail users. The SRM utility and governance token enable users to receive discounts on protocol fees and voting rights; 100% of exchange fees flow back to SRM via buy-and-burn, staking rewards, and ecosystem grants. Serum is an open-source project created by a consortium of partners, including FTX, Alameda Research, and the Solana Foundation.

MBX

MARBLEX (MBX)

2100NEWS ranking: 430, Small cap Non-Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 5.9 (Average for Small caps: 9.6)

MARBLEX (MBX) is a game-based blockchain service company that aims to bring the highest quality blockchain games to market than any other company by producing AAA titles. A well-established company with over 6,000 collaborative employees, including game industry veterans and blockchain technology experts from across the globe. By providing services such as a cryptocurrency wallet, decentralized exchange, token staking, and NFT Marketplace, MARBLEX (MBX) allows users to experience an optimal blockchain-based game ecosystem.

VGX

Voyager Token (VGX)

2100NEWS ranking: 198, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 17.1 (Average for Ethereum-based Tokens: 15.4)

Voyager is a licensed crypto broker, not just another exchange. Voyager connects to the world’s leading market makers and liquidity providers to ensure their users get a better price on their trades, maximum liquidity on every order, and excellent access to the crypto market. Voyager offers investors commission-free trading of dozens of top crypto assets from one secure and trusted app.

 

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