Movers of the Day 10-Apr-2023

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

Top movers of the day are MANTRA and Conflux Network. Since 7 pm MANTRA has increased by 5.82%, Conflux Network is 4.14% 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 +0.51% and +2.23%. 2100NEWS Total Index (NWST1100) ended +1.75%. Bitcoin ended +2.75%, Ether ended +1.06%.

 

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

 

OM

MANTRA (OM)

2100NEWS ranking: 472, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade Good, Score: 13.6 (Average for Small caps: 9.5)

MANTRA DAO is a community-governed DeFi platform focusing on Staking, Lending, and Governance. MANTRA DAO leverages the wisdom of the crowd to create a community-governed, transparent, and decentralized ecosystem for web 3.0. Built on Parity Substrate for the Polkadot ecosystem, MANTRA DAO gives financial control back to the people to store and grow wealth together.

 

The day’s top movers (at 2 pm) are Synapse and Kaspa, rising by 7.28% since 9 am. The crypto markets have risen. In the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen by 2.47%, Ether by 1.76%, and Bitcoin by 3.11%.

 

KAS

Kaspa (KAS)

2100NEWS ranking: 127, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 7.9 (Average for Mid Caps: 13.1)

Kaspa is the fastest and most scalable instant confirmation transaction layer ever built on a proof-of-work engine. Transactions sent to miners can be included immediately in the ledger, structured as a revolutionary blockDAG. Kaspa is based on the GhostDAG/PHANTOM protocol, a scalable Nakamoto Consensus (Bitcoin consensus) generalization. Its design is faithful to the principles Satoshi embedded into Bitcoin — proof-of-work mining, UTXO-formed isolated state, deflationary monetary policy, no premine, and no central governance. Kaspa is unique in its ability to support high block rates while maintaining the level of security offered by the most secure proof-of-work environments. Kaspa’s current mainnet operates with one block per second. After the ongoing rust language rewrite, the core developers’ goal is to substantially increase the number of blocks per second, attracting the development of smart contracts and DeFi.

 

The crypto markets rose. The day’s top movers (at 9 am) were Venus and NKN, rising by 12.20% since midnight. On the day, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported losses between -0.29% and -1.32%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen by 1.22%, Ether by 1.33%, and Bitcoin by 1.32%.

 

NKN

NKN (NKN)

2100NEWS ranking: 234, Mid-cap Non-Ethereum-based Token, Index member: NWST1100, NWSM200, NWSOT50
2100NEWS DA Orderbook Quality Evaluation Grade:  Ordinary, Score: 13 (Average for Mid-caps: 13.1)

NKN is a new generation of highly scalable, self-evolving, and self-incentivized blockchain network infrastructure. NKN addresses network decentralization and self-evolution by introducing the Cellular Automata (CA) methodology for dynamism and efficiency.

 

XVS

Venus (XVS)

2100NEWS ranking: 253 Mid-cap Non-Ethereum-based Token, Index member: NWST1100, NWSM200, NWSOT50
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 17 (Average for Mid caps: 13.1)

Venus Protocol is an algorithmic-based money market system designed to bring a complete decentralized finance-based lending and credit system onto Binance Smart Chain. Venus enables users to utilize their cryptocurrencies by supplying collateral to the network that may be borrowed by pledging over-collateralized cryptocurrencies. This creates a secure lending environment where the lender receives a compounded interest rate annually (APY) paid per block while the borrower pays interest on the cryptocurrency borrowed.


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