Movers of the Day 22-May-2023

May 22, 202310min487

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

The day’s top movers are ARPA and Conflux Network. FTX Token has risen by 9.52% since 7 pm.

The cryptocurrency markets concluded positively, as depicted by the accompanying chart showcasing the NWSBCT Index (Blue Chips). From 7 pm onwards, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported gains ranging between 0.10% and 0.51%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which monitors the performance of 1100 significant crypto assets by market capitalization, has experienced a rise of 0.71%, and ether witnessed a gain of 0.93%. Similarly, Bitcoin recorded a modest increase of 0.50%.

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

 

FTT

FTX Token (FTT)

2100NEWS ranking: 126, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade:  Ordinary, Score: 16 (Average for Tokens: 15.9)

FTX is owned by FTX Trading LTD, a company incorporated in Antigua and Barbuda. Alameda Research, a cryptocurrency liquidity provider, incubated FTX. On November 11, 2022, and November 14, 2022, FTX Trading Ltd. and 101 affiliated debtors (collectively, the “Debtors”) each filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. Exhibit(s) (Notice of Filing Hearing Presentation) Filed by FTX Trading Ltd.. (Attachments: # 1 Exhibit A)

 

The day’s top movers (at 7 pm) are STEPN and Akash Network, rising by 9.09% since 2 pm. The cryptocurrency markets demonstrated a predominantly sideways trading pattern, indicating a period of relative stability with little significant price fluctuations. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which monitors the performance of 1100 significant crypto assets by market capitalization, has shown a modest increase of 0.21%. The prevailing market conditions have also impacted Ether and Bitcoin. Ether has observed a modest increase of 0.52%. Conversely, Bitcoin has experienced a slight decline of 0.18%.

 

AKT

Akash Network (AKT)

2100NEWS ranking: 327, Small cap, Index member: NWST1100, NWSS300, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 9.8, (Average for Coins: 15.3)

Akash DeCloud is a faster, better, and lower-cost cloud built for DeFi, decentralized projects, and high-growth companies, providing unprecedented scale, flexibility, and price performance. 10x lower in cost, our serverless computing platform is compatible with all cloud providers and all applications that run on the cloud.

 

The day’s top movers (at 2 pm) were Tron and ARPA. Ontoloqy has risein by 7.24% since 9 am. In the past 24 hours, the cryptocurrency markets have shown signs of recovery after prolonged sideways movement. Over this timeframe, the 2100NEWS Total Index (NWST1100), which monitors the performance of 1100 prominent crypto assets by market capitalization, has remained relatively stable, indicating a lack of significant market movements. The prevailing market conditions have also impacted the two leading cryptocurrencies, Ether and Bitcoin. Ether has observed a modest increase of 0.15%. In contrast, Bitcoin has experienced a slight decline of 0.23%.

 

ONT

Ontology (ONT)

2100NEWS ranking: 114, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 13.1 (Average for Coins: 15.5)

Ontology is an enterprise-grade blockchain network that provides secure and bespoke client chains. It combines several protocols to build a distributed trust system. These include protocols for smart contracts, identity, data, and information exchange. The Ontology network functions as a connector between several blockchains, and ONT is the network’s native token. Ontology was launched in 2017 by OnChain, an entity with ties to NEO.

 

The day’s top movers (at 9 am) were Ergo and ARPA, rising by 6.60% since midnight. The cryptocurrency markets exhibited a predominantly sideways trend. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which tracks the performance of 1100 significant crypto assets based on market capitalization, has declined by 1.10%. This overall market movement has also influenced the two leading cryptocurrencies, Ether and Bitcoin. Ether has decreased modestly by 0.34%, while Bitcoin’s value has experienced a more substantial decline of 0.98%.

 

ARPA

ARPA (ARPA)

2100NEWS ranking: 269, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade:  Excellent, Score: 18.7, (Average for Mid-caps: 13.2)

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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