Movers of the Day 19-May-2023

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

Top movers of the day are SingularityNET and HEX. Since 7 pm SingularityNET has increased by 2.48%, HEX is 1.79% higher.

Most cryptocurrencies finished the day lower as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. The large caps represented by 2100NEWS 100 Large Cap Index (NWSL100) ended -0.12%. Similarly, 2100NEWS Total Index (NWST1100) ended -0.13%. Bitcoin ended -0.18%, Ether ended -0.09%.

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

 

HEX

HEX (HEX)

2100NEWS ranking: 23, Blue chip Ethereum-based Token, Index member: NWST1100, NWSL100, NWS30, NWSTo100, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade:  Extremely Weak, Score: 3.4 (Average for Blue chips: 22.9)

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.

 

Top movers of the day at 19:10 are SingularityNET and Akash Network. Since 2 pm SingularityNET has surged by 11.17%, Akash Network is 7.50% higher. Injective has increased by 2.41%. In the afternoon most cryptocurrencies went up. Since 2 pm the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have increased by 0.27%. Similarly, the mid caps represented by 2100NEWS 200 Mid Cap Index (NWSM200) are 0.30% higher. In the same way, Ether has increased by 0.29%. On the other hand Bitcoin is slightly lower (-0.04% as of 2 pm).

 

AGIX

SingularityNET (AGIX)

2100NEWS ranking: 97, Large-cap Ethereum-based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 14.7 (Average for Large-caps: 18.1)

SingularityNET is the protocol specifically designed to solve these problems while opening the AI market to the entire world. SingularityNET enables AI-as-a-service on a permissionless platform so anyone can use AI services easily.

 

The day’s top movers (at 2 pm) are Energy Web Token and Prom, rising by 12.37% since 9 am. The cryptocurrency markets have shown a sideways trend. Within the cryptocurrency market, the performance of various groups of tokens and coins, as measured by the 2100NEWS Indices, has reported losses ranging between -0.03% and -0.94% for the day. Furthermore, the 2100NEWS Total Index (NWST1100), which tracks the performance of 1100 significant crypto assets based on market capitalization, has declined by 1.52% over the last 24 hours. The two largest cryptocurrencies in market capitalization, Ether and Bitcoin, have also experienced declines. Ether’s value has fallen by 0.91%, while Bitcoin’s has dropped by 1.93% during the same period.

 

PrometeusProm (PROM)

2100NEWS ranking: 220, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade:  Ordinary, Score: 13, (Average for Mid-caps: 13.2)

Prometeus Network is a secure and decentralized ecosystem designed to solve real-world data brokerage problems created for the Influencer Marketing, Medical, and Insurance data market industries. Prometheus Labs,  a data scientist and entrepreneur company, develops the Prometeus Network. Existing data scientists and entrepreneurs have worked for more than 15 years on machine learning, business development, and marketing.

 

The day’s top movers (at 9 am) were HEX and ARPA, rising by 8.87% since midnight. The cryptocurrency markets have shown an initial downward spike followed by a subsequent rebound. The 2100NEWS Total Index (NWST1100), which serves as a benchmark for evaluating the performance of 1100 significant crypto assets based on their market capitalization, has experienced a decline of 0.83% over the last 24 hours. Bitcoin has also witnessed a decline of 1.12%, while Ether has decreased by 0.65%.

 

ARPA

ARPA (ARPA)

2100NEWS ranking: 321, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Excellent, Score: 18.7 (Average for Small caps: 9.8)

ARPA describes itself as a privacy-preserving computation network based on cryptography. It reportedly enables private smart contracts on blockchains like Ethereum and IOST, secure data exchange, joint data analysis, and monetization among enterprises/individuals.

 

 


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