Movers of the Day 25-May-2023

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

The day’s top movers are Beta Finance and MOBOX, rising by 13.68% since 7 pm.

The cryptocurrency markets have rebounded, as indicated by an adjacent chart of the NWSBCT Index (Blue Chips) moving over the last 24 hours. The 2100NEWS Indices, which track the performance of various tokens and coins, have reported relatively minor gains ranging from 0.10% to 0.66% since 7 pm. Furthermore, the 2100NEWS Total Index (NWST1100), a benchmark for evaluating the performance of 1100 significant crypto assets based on their market capitalization, has risen by 0.19%. Ether and Bitcoin have also increased, with gains of 0.32% and 0.37%, respectively, over the past 24 hours.

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

 

MBOX

MOBOX (MBOX)

2100NEWS ranking: 211, Mid-cap Non-Ethereum-based Token, Index member: NWST1100, NWSM200, NWSOT50
2100NEWS DA Orderbook Quality Evaluation Grade:  Ordinary, Score: 14.4, (Average for Non-Ethereum-based Tokens: 14.1)

MOBOX Protocol combines the best yield farming DeFi with Gaming NFTs creating a truly free-to-play and play-to-earn ecosystem. Utilizing the Binance Smart Chain, MOBOX shows true NFT interoperability by combining cross-chain and cross-platform functionality for NFTs.

 

The day’s top movers (at 7 pm) are Kaspa and SingularityNET, rising by 18.79% since 2 pm.

The cryptocurrency markets have trended sideways, as illustrated by an adjacent chart of the NWSBCT Index (Blue Chips) moving over the last 24 hours. The 2100NEWS Indices, which track the performance of various tokens and coins, have reported relatively minor losses varying from -0.20% to -0.81% for the day. On the other hand, the 2100NEWS Total Index (NWST1100), a benchmark for evaluating the performance of 1100 significant crypto assets based on their market capitalization, has risen by 0.27%, Ether by 0.55%, and Bitcoin by 0.26% during the last 24 hours.

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) were Kaspa and IRIS Network. ARPA has risen by 11.47% since 9 am. The cryptocurrency markets bounced back after a decline. The 2100NEWS Indices, which track the performance of various tokens and coins, have reported relatively minor losses varying from -0.24% to -0.80% since midnight. The 2100NEWS Total Index (NWST1100), a benchmark for evaluating the performance of 1100 significant crypto assets based on their market capitalization, decreased by 1.43% over the last 24 hours, Ether and Bitcoin experienced declines of -1.53% and -1.73%, respectively.

 

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.

The day’s top movers (at 9 am) were Kaspa and IRIS NEtwork, rising by 14.35% since midnight. There has been a period of consolidation in the cryptocurrency markets following a dip. The 2100NEWS Total Index (NWST1100), a benchmark for evaluating the performance of 1100 significant crypto assets based on their market capitalization, decreased by 1.53%. Furthermore, within the same timeframe, Ether and Bitcoin experienced declines of -1.97% and -1.65%, respectively.

 

IRIS

IRISnet (IRIS)

2100NEWS ranking: 345, Small cap, Index member: NWST1100, NWSS300, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade:  Good, Score: 20.8, (Average for Coins: 15.3)

IRIS network aims to build a technology foundation that facilitates the construction of distributed business applications. It goes beyond today’s blockchain systems which are mainly for digitalized assets. The IRIS Network is named after the Greek goddess Iris, the personification of the rainbow and the faithful messenger between heaven and humanity. The IRIS network is under development and is being constantly updated, including but not limited to key governance and technical features.

 

KAS

Kaspa (KAS)

2100NEWS ranking: 149, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 7.9, (Average for Coins: 15.3)

Kaspa is the fastest and most scalable instant confirmation transaction layer ever built on a proof-of-work engine. Transactions sent to miners can be included immediately in the ledger, structured as a revolutionary blockDAG. Kaspa is based on the GhostDAG/PHANTOM protocol, a scalable Nakamoto Consensus (Bitcoin consensus) generalization. Its design is faithful to Satoshi’s principles in Bitcoin — proof-of-work mining, UTXO-formed isolated state, deflationary monetary policy, no premine, and no central governance. Kaspa is unique in its ability to support high block rates while maintaining the level of security offered by the most secure proof-of-work environments. Kaspa’s current mainnet operates with one block per second. After the ongoing rust language rewrite, the core developers’ goal is to substantially increase the number of blocks per second, attracting the development of smart contracts and DeFi.

 

NKN

NKN (NKN)

2100NEWS ranking: 233, Mid-cap Non-Ethereum-based Token, Index member: NWST1100, NWSM200, NWSOT50
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 13, (Average for Non-Ethereum-based Tokens: 14.1)

NKN is a new generation of highly scalable, self-evolving, and self-incentivized blockchain network infrastructure. NKN addresses network decentralization and self-evolution by introducing the Cellular Automata (CA) methodology for dynamism and efficiency.

 

 


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