Movers of the Day 28-May-2023

81848b48f70b1cb409bc7c5908ef565d

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

The day’s top movers are Ordinals and Multichain, soaring 41.36% since 9 am.

The cryptocurrency market has seen a significant surge today, with gains reported across various tokens and coins, according to the latest data from the 2100NEWS Indices, which track the performance of various groups of tokens and coins. Increases ranged from 0.62% to 2.08%, and the NWSBCT Index for Blue Chips, depicted in the adjacent chart, shows a significant upward movement, further confirming the market’s bullish sentiment. Notably, the 2100NEWS Total Index (NWST1100), which serves as a crucial benchmark for evaluating the performance of 1100 significant crypto assets based on their market capitalization, has soared by an impressive 3.08%, with Ether seeing a 2.17% increase and Bitcoin soaring by 4.06% within the last 24 hours.

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

 

MULTI

Multichain (MULTI)

2100NEWS ranking: 176, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSET100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 13.1, (Average for Ethereum-based Tokens: 15.4)

Multichain is the ultimate Router for web3. It is an infrastructure developed for arbitrary cross-chain interactions. Multichain was born as Anyswap on the 20th of July 2020 to serve the clear needs of different and diverse blockchains to communicate with each other. Each blockchain has its own unique services that it provides, its own community, and its own development ecosystem.

 

The day’s top movers (at 9 am) were Linear Finance and Akash Network, rising by 15.17% since midnight. According to the 2100NEWS Indices, which track the performance of various tokens and coins, gains have been reported varying from 0.95% to 1.63% during the same period. The cryptocurrency market seems to have stabilized, indicating a period of consolidation and stability following the upward movement. The 2100NEWS Total Index (NWST1100), a benchmark for evaluating the performance of 1100 significant crypto assets based on their market capitalization, has shown a rise of 1.28%. Furthermore, Bitcoin’s price has increased by 1.67%, and Ether has seen a rise of 0.77% within the last 24 hours.

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

 

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.

 

LINA

Linear Finance (LINA)

2100NEWS ranking: 272, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 13.7, (Average for Mid-caps: 13.2)

Linear Finance (“Linear”) is a non-custodial, cross-chain compatible, delta-one asset protocol. Linear’s long-term DeFi vision is to increase inclusiveness and democratize access to investment assets (digital and traditional). Tremendous value exists in the ability for investors to easily and quickly invest, save fees, and secure assets at fair market value. Linear combines substantial technical experience from numerous crypto projects with extensive financial experience in exotic and structured assets from traditional global asset management firms to bring to market one of the first DeFi projects built upon Ethereum with cross-chain compatibility.

 

 


About us

We are the new economy news hub. 2100NEWS is the professional index, data, and tools provider in the digital asset space, offering Crypto Market Intelligence, providing the perspective you can trust and equipping you with information edge you need to stay ahead. (Real-time data of token issuers and news, analysis and commentary from community.) We are very excited to contribute to the evolution of the industry and build an ecosystem around our offering (the institutional-grade data infrastructure required to enable institutional investments in digital assets). We want our contributions (Contents and Tools on 2100NEWS.com) to be useful for helping investors.


CONTACT US

CALL US ANYTIME



Latest posts



Newsletter


    • ethereumEthereum (ETH) $ 3,557.48 1.84%
    • litecoinLitecoin (LTC) $ 78.45 1.86%