Movers of the Day 9-May-2023
Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are Bitcoin SV ended +34.54%, Onyxcoin ended +14.51% and MobileCoin ended +9.76%.
Most cryptocurrencies finished the day higher as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. The large caps mesured by 2100NEWS 100 Large Cap Index (NWSL100) ended +0.23%. Moreover, the mid caps represented by 2100NEWS 200 Mid Cap Index (NWSM200) ended +0.77%. Bitocin ended +0.18%, Ether ended +0.12%.
Please read the notes to find out which criteria have been selected.
Bitcoin SV (BSV)
| 2100NEWS ranking: 55, Large-cap, Index member: NWST1100, NWSL100, NWSCo100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 18, (Average for Large-caps: 18) |
Bitcoin SV stands for Satoshi Vision. Stemming from Bitcoin Cash, BSV is a hard fork (community-activated update to the protocol or code) established as distinct from BCH after the network upgrade scheduled for November 15th, 2018, resulting in a hash war determining the chains would be split. According to their website, the Bitcoin SV project is primarily backed by CoinGeek Mining, with development work by nChain.
Top movers of the day at 19:10 are Orion Protocol and Onyxcoin which has increased by 14.37% since 2 pm. Orion Protocol is 3.57% higher. The crypto markets trended sideways whereby 2100NEWS Indices are still between 0.71% and 3.32% lower than 24 hours ago. Bitcoin has decreased by 0.79%, Ether by only 0.53%.
Onyxcoin (XCN)
| 2100NEWS ranking: 288, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 10.5 (Average for Mid-caps: 13.2) |
The day’s top movers (at 2 pm) are Bitcoin SV and UMA, rising by 9.18% since 9 am. In recent hours, the crypto markets have shown some signs of recovery after a significant drop over the past 24 hours. However, the 2100NEWS Total Index (NWST1100), which measures the performance of 1100 significant crypto assets by market capitalization, has experienced a decline of 2.09%. Both Bitcoin and Ether have also decreased in value during the same period, with Bitcoin falling by 0.81% and Ether dropping by 0.71%.
UMA (UMA)
| 2100NEWS ranking: 150, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100, NWSDM100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 15.9 (Average for Tokens: 15.8) |
UMA is designed to power the financial innovations made possible by permissionless, public blockchains like Ethereum. UMA defines an open-source protocol that allows any two counterparties to design and create their own financial contracts using fiat financial derivatives concepts. But unlike traditional derivatives, UMA contracts are secured with economic incentives alone, making them self-enforcing and universally accessible.
The day’s top movers (at 9 am) were Bitget Token and Bitcoin SV, rising by 18.33% since midnight. There has been a notable drop in the crypto markets over the past 24 hours. Moreover, the 2100NEWS Total Index (NWST1100), which monitors the performance of 1100 significant crypto assets by market capitalization, has experienced a decline of 2.03%. Bitcoin and Ether have also decreased in value, with Bitcoin falling by 2.35% and Ether dropping by 1.36% during the same timeframe.
Branko
Litecoin