Movers of the Day 26-Apr-2023

2100news (23)

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

The day’s top movers are TomoChain and Render Token. RSK Infrastructure Framework has risen by 0.69% since 7 pm.

As illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the last 24 hours, the crypto markets have experienced a roller coaster. Since 7 pm, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported losses between -2.96% and -4.95%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen 0.26% and Ether by 0.39%, while Bitcoin has risen 0.50%.

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

 

RIF

RSK Infrastructure Framework (RIF)

2100NEWS ranking: 204, Mid-cap Non-Ethereum-based Token, Index member: NWST1100, NWSM200, NWSOT50, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 12.8 (Average for Non-Ethereum-based Tokens: 13.2)

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.

In the afternoon, the crypto markets were still going up. The top movers of the day at 19:10 are TomoChain and Render Token. Since 2 pm TomoChain has increased by 9.03%, and Render Token is 10.40% higher. Since 2 pm, 2100NEWS Indices have increased up to 2.67%. 2100NEWS Total Index (NWST1100) is 2.14% higher. Ether has increased by 2.04%, and Bitcoin even by 2.95%.

 

RNDR

Render Token (RNDR)

2100NEWS ranking: 73, Large-cap Ethereum-based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 13.9 (Average for Large-caps: 18.1)

RenderToken is a distributed GPU rendering network built on top of the Ethereum blockchain. It aims to connect artists and studios needing GPU computing power with mining partners willing to rent their GPU capabilities out. RNDR is an ERC-20 utility token used by artists on the network to exchange for GPU compute power from GPU providers (node operators).

 

The day’s top movers (at 2 pm) are Radix Protocol and Render Token. Band Protocol has risen by 12.98% since 9 am. The crypto markets have soared; Bitcoin +5.64% has led them upward. On the day, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported gains between 1.15% and 2.47%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has soared 5.00% and Ether 4.79%.

 

BAND

Band Protocol (BAND)

2100NEWS ranking: 121, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade:  Ordinary, Score: 16.2, (Average for Tokens: 15.8)

Band Protocol offers a decentralized data oracle by making data readily available to be queried on-chain, using a delegated proof of stake (“dPoS”) to ensure data integrity. It aims to be the go-to data infrastructure layer for Web 3.0 applications. It provides decentralized, curated off-chain data to smart contracts through oracles managed by its dPoS consensus mechanism.

 

The crypto markets rebounded. The day’s top movers (at 9 am) were Radix Protocol and Carry Protocol, rising by 16.41% since midnight. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, rebounded 3.05%, Bitcoin 3.69%, and Ether 2.11%.

 

CarryCarry (CRE)

2100NEWS ranking: 352, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade:  Good, Score: 11.9 (Average for Small caps: 9.6)

Carry is a platform that connects offline merchants and consumers using blockchain. Carry Protocol aims to resolve these problems with three objectives: 1) provide a platform for merchants to understand their customers and communicate with them, 2) enable consumers to control their transaction data and monetize the information, and 3) offer a new advertising channel that is effective and transparent.

 

XRD

Radix (XRD)

2100NEWS ranking: 54, Large-cap, Index member: NWST1100, NWSL100, NWSCo100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 14 (Average for Large-caps: 18)

Radix can refer to a few different things, depending on context: (1) Radix as software: Radix can refer to the Radix Node software, Radix Desktop Wallet, and Radix Explorer; (2) Radix as a protocol: Radix can refer to the Radix Protocol, which is the set of rules that governs validator nodes running Radix Node software. The Radix Protocol comprises the Radix Engine’s application layer and Cerberus’s consensus layer. It is the first layer one protocol specifically built to serve DeFi; (3) Radix as a network: The Radix Protocol running on validator nodes forms the basis of the Radix Public Network – a fully decentralized platform for DeFi dApps and users; (4) Radix as a ledger: The decentralized Radix Public Network maintains the public, immutable and permissionless Radix Ledger; (5) Radix as a project: Radix can refer to the decentralized project being undertaken by the Radix Community, core developer RDX Works, Radix Foundation, and Radix Tokens (Jersey); (6) Radix as an ecosystem: All of the above, including a decentralized community of users, developers, node-runners, and XRD token holders; dApps, partners, and ancillary services, forms the totality of the Radix ecosystem.

 

 

IDEX

IDEX (IDEX)

2100NEWS ranking: 364, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 10.5 (Average for Small caps: 9.6)

IDEX is the first Ethereum-based decentralized smart contract exchange for supporting real-time trading and high transaction throughput. IDEX is the most advanced Ethereum DEX, supporting limit and market orders, gas-free cancels, and the ability to fill many trades at once.

 

 


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