Movers of the Day 4-May-2023

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

The day’s top movers are Radicle and Constellation Labs, rising by 9.00% since 7 pm.

The crypto markets have remained fairly steady over the past 24 hours, as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) while the 2100NEWS Total Index (NWST1100) has experienced a slight decrease -0.85% in value, along with Bitcoin and Ether which also saw a small decline of -0.42% and -0.92% respectively.

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

 

DAG

Constellation (DAG)

2100NEWS ranking: 373, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 6.9, (Average for Small caps: 9.6)

Constellation provides infrastructure tools for an open, decentralized data marketplace and an enterprise-grade software solution for data provenance and integrity. It’s secure, cost-effective, scalable, and easy to integrate. Furthermore, Constellation provides data dependency graphs on a decentralized DAG (directed acyclic graph) network – an evolution of existing blockchain technologies. The solution secures data pipelines through encryption and creates an audit trail of data downstream to enable a live overview of the status of any data source.

 

The crypto markets trended sideways. The day’s top movers at 19:10 are Radicle and TomoChain has increased by 1.74% since 2 pm. Radicle is 0.47% higher. Over the past 24 hours, 2100NEWS Indices, which measure the performance of different groups of tokens and coins, have increased up to 1.72%. 2100NEWS Total Index (NWST1100) is 1.44% higher. Bitcoin has risen by 1.63%, Ether by 1.21%.

TOMO

TomoChain (TOMO)

2100NEWS ranking: 256, Mid-cap, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Excellent, Score: 17.9, (Average for Mid-caps: 13.1)

TomoChain is an innovative solution to the scalability problem with the Ethereum blockchain in particular and with all current blockchain networks in general. TomoChain plans to support horizontal scaling by adding more second-layer blockchains with good performance integrated with the Ethereum network for backup and atomic cross-chain transfer.

 

The day’s top movers (at 2 pm) are Pepe and Radicle, rising by 10.65% since 9 am.

The FED’s decision to increase the target interest rate has positively impacted crypto markets and the NWSBCT (Blue Chips) Index movement. Another index to note is the 2100NEWS Total Index (NWST1100), which has also surged by 2.07% in the past 24 hours. This index measures the performance of 1100 significant (by market capitalization) crypto assets. Additionally, Ether and Bitcoin have seen gains of 2.30% and 2.05%, respectively.

 

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 innovative 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.

 

Crypto markets were on a significant upswing due to the FED’s decision to increase the target interest rate by 25 bp. The day’s top movers (at 9 am) were HEX and Aergo, soaring 32.04% since midnight. The index to note is the 2100NEWS Total Index (NWST1100),  which has also risen by 1.76% in the past 24 hours. This index measures the performance of 1100 significant (by market capitalization) crypto assets. Additionally, Ether and Bitcoin have seen gains of 1.83% and 1.89%, respectively.

 

AERGO

Aergo (AERGO)

2100NEWS ranking: 280, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 13.2 (Average for Mid-caps: 13.2)

Aergo is an open-source enterprise blockchain platform optimized for hybrid deployments, consisting of permissioned and permissionless blockchain architectures. It includes support for SQL, allowing for easy data handling and familiar smart contract programming for developers. Blocko, the Samsung-backed South Korean blockchain technology company, built and utilized the platform. According to Korean media sources, it has deployed production blockchain solutions for large-scale clients, including Lotte Card, Shinhan Bank, Korea Exchange, Hyundai Motors, and more.

 

HEX

HEX (HEX)

2100NEWS ranking: 19, Blue chip Ethereum-based Token, Index member: NWST1100, NWSL100, NWS30, NWSTo100, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 9.4 (Average for Blue chips: 23.1)

HEX is an ERC20 token launched on the Ethereum network. HEX is designed to be a store of value to replace the Certificate of Deposit as the blockchain counterpart of that financial product used in traditional financial markets. HEX is also designed to leverage the emerging DeFi (Decentralised Finance) ecosystem in cryptocurrencies within the Ethereum network. HEX uses the Ethereum network for the transaction layer (sending and receiving HEX tokens and interacting with the HEX smart contract). At the same time, the consensus code and staking mechanism are contained in the HEX smart contract.

 


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