Movers of the Day 17-May-2023

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

The day’s top movers are XYO and Cartesi. Render Token has risen by 12.04% since 7 pm.

The crypto markets displayed a noteworthy upward movement in the past 24 hours, as evidenced by the NWSBCT (Blue Chips) Index chart alongside this report. Starting from 7 pm, the 2100NEWS Indices, which provide insights into the performance of various groups of tokens and coins, recorded gains spanning from 0.99% to 2.80%. During the 24 hours, the 2100NEWS Total Index (NWST1100), which serves as a benchmark for evaluating the performance of 1100 significant crypto assets based on their market capitalization, demonstrated an increase of 1.13%. Similarly, Bitcoin witnessed a rise of 1.25%. On the other hand, Ether experienced a slight decline of 0.21%.

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

 

RNDR

Render Token (RNDR)

2100NEWS ranking: 59, 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)

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 top movers of the day at 19:10 are Cartesi and LooksRare. Since 2 pm, Cartesi has surged 10.98%, and LooksRare is 3.41% higher. XYO has decreased by 7.29%. In the afternoon, the crypto markets stopped falling. Regardless, the tokens built on Ethereum represented by 2100NEWS Ethereum Based Index (NWSET100) have decreased by 0.11% in that time. Moreover, Bitcoin has fallen by 0.67% and Ether by 1.14%.

 

CTSI

Cartesi (CTSI)

2100NEWS ranking: 146, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 17.3 (Average for Tokens: 15.8)

Cartesi is building an operating system for dApps. The project enables complex and intensive computations run in a Linux environment, outside the blockchain, without compromising decentralization. Cartesi aims to make dApps significantly more powerful, cost-effective, easier to develop, and portable. The goal is to bring mainstream productivity to developers and a satisfying experience for users.

 

The day’s top movers (at 2 pm) are Gala and XYO, surging by 21.32% since 9 am. Looking at the NWSBCT (Blue Chips) Index movement over the last 24 hours, a drop in the overall performance of the cryptocurrency markets is indicated. The 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported losses ranging between -0.18% and -1.61% for the day. The 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen by 1.13% over the last 24 hours. The two largest cryptocurrencies by market capitalization, Ether and Bitcoin, have also experienced declines of 1.49% and 1.64%, respectively, during this period.

 

XYO

XYO (XYO)

2100NEWS ranking: 267, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 13 (Average for Mid-caps: 13.2)

XYO is a decentralized data oracle that can validate data from multiple sources without requiring a trusted relationship. XYO means you can keep a permanent record of invaluable data between two devices, even if owned and controlled independently, whether it’s a photo of your dog or the temperature in a shipping truck. Use XYO to establish the validity of your data or the data of others, and join us in our movement to transform industries and everyday life with our technology.

The day’s top movers (at 9 am) were LooksRare and Gala, rising by 11.49% since midnight. In the last 24 hours, the crypto markets have displayed notable stability. The consolidation observed in the crypto markets suggests a period of equilibrium, where buyers and sellers are finding a balance in their trading activities. Meanwhile, the 2100NEWS Total Index (NWST1100) witnessed a modest growth of 0.16%. Ether experienced a slightly more significant increase, with a rise of 0.35%. Conversely, Bitcoin encountered a minor decline of -0.26%.

 

GALA

Gala (GALA)

2100NEWS ranking: 113, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 14.7 (Average for Tokens: 15.8)

GALA claims to be designed to power the Gala Games ecosystem to support gaming re-imagined to benefit creators and players alike. Founded by greats from the gaming and blockchain industry, Gala Games is redefining the gaming world. All OLD-school gamers remember the sound of blowing the dust out of a Nintendo cartridge to get ready to play their favorite game or the pride you took in lining up your PlayStation games on a shelf in your bedroom.

 

LOOKS

LooksRare (LOOKS)

2100NEWS ranking: 295, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 8.1 (Average for Mid-caps: 13.2)

LooksRare is the community-first NFT marketplace that actively rewards traders, collectors, and creators for active participation.

 


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