Movers of the Day 29-Apr-2023

Weekly 2

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

Top movers of the day are Alpha Venture DAO and Acala Network. Since morning Alpha Venture DAO has surged 10,84%, Acala Network even 16.05%.

Most tokens and coins 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. The large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) ended +0.41%. Our main 2100NEWS Total Index (NWST1100) ended +0.07%. On the othe hand Bitcoin ended -0.37% while Ether ended +0.42%.

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

 

ALPHA

Alpha Venture DAO (ALPHA)

2100NEWS ranking: 225, Mid-cap Non-Ethereum-based Token, Index member: NWST1100, NWSM200, NWSOT50
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 12.6 (Average for Non-Ethereum-based Tokens: 13.2)

Alpha Finance Lab is an ecosystem of cross-chain DeFi products that will interoperate to bring optimal alpha returns to users. Alpha products focus on capturing unaddressed demand in DeFi in an innovative and user-friendly way.

 

ACA

Acala Token (ACA)

2100NEWS ranking: 268, Mid-cap , Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 13.3 (Average for Coins: 15.5)

Risk Warning: Acala Network suffered an exploit on 14 Aug 2022 where 1.2 bn aUSD tokens were minted without collateral. Please mind the risks and trade with caution. 

Acala is a specialized stablecoin and liquidity blockchain that is decentralized, cross-chain by design, and future-proof with forkless upgradability. Acala stablecoin protocol uses a multi-collateral-backing mechanism to create a stablecoin soft-pegged to the US Dollar. The Acala stablecoin protocol is essentially a decentralized monetary reserve that creates a stable currency from a basket of reserve assets, where holders of the reserve assets can spend, trade, and access other services without price volatility while retaining their exposure to (without selling) the reserve assets.

 

Top movers of the day are Alpha Venture DAO and StormX. Since midnight Alpha Venture DAO has surged 12.38%, StormX is 5.79% higher. Radicle has increased by 2.33%.

Most cryptocurrencies moved higher today. Since midnight 2100NEWS Indices which measure the performance of different groups of tokens and coins have increased up to 1.08%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 0.10% higher. Ether has increased by 0.18% while Bitcoin slightly lower (-0.05%).

 

RAD

Radicle (RAD)

2100NEWS ranking: 238, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 12 (Average for Mid-caps: 13.2)

Radicle is a decentralized network for code collaboration. The project’s mission is to develop resilient infrastructure for open-source communities that is secure, sovereign, and exclusively built on open protocols, not platforms. Radicle’s protocols enable developers to collaborate on code without relying on trusted intermediaries. Its peer-to-peer network is complemented by an opt-in Ethereum innoviveinnovative contract system that enables global names, decentralized organizations, and protocols that help maintainers sustain their open-source work. With Ethereum, Radicle is harnessing the power of Ethereum and DeFi to enable developers to own their collaboration infrastructure. Since launching in beta this past December, Radicle has seen over 1,000 projects published to the network and garnered substantial interest across the Web3 ecosystem.

 

STMX

StormX (STMX)

2100NEWS ranking: 279, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 13.7 (Average for Mid-caps: 13.2)

Founded in 2015, StormX is one of the first global cryptocurrency-based solutions to reach worldwide markets. As a mobile app and browser extension, StormX aims to bring users cashback in crypto for most of their online purchases. With enterprise partners like Samsung, Nike and Lego. StormX also allows users to stake the native STMX token to boost their rewards.

 


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