Movers of the Day 30-May-2023

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

The day’s top movers are JOE and Linear Finance, rising by 7.13% since 7 pm.

The NWSBCT Index for Blue Chips chart shows that the cryptocurrency markets have remained stable with minimal fluctuation. The 2100NEWS Total Index (NWST1100), which evaluates the performance of 1100 significant crypto assets based on their market capitalization, has slightly increased by 0.35%. Additionally, Ether and Bitcoin have experienced growth in the past 24 hours, with gains of 0.67% and 0.07%, respectively. These gains suggest that investors in the cryptocurrency space are approaching with caution and a sense of calm.

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

 

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.

 

The day’s top movers (at 7 pm) were Linear Finance and Flux, rising by 14.25% since 2 pm. The cryptocurrency markets were relatively stable and have not seen much change. The 2100NEWS Total Index (NWST1100), a widely recognized benchmark for evaluating the performance of 1100 significant crypto assets based on their market capitalization, has shown a slight increase of 0.63%. Additionally, both Ether and Bitcoin have experienced growth over the past 24 hours, with gains of 1.09% and 0.36%, respectively.

 

FLUX

Flux (FLUX)

2100NEWS ranking: 148, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade:  Ordinary, Score: 15.6 (Average for Tokens: 15.9)

Flux is the new generation of scalable decentralized cloud infrastructure. Develop, manage, and spawn your applications on multiple servers at once—Ready for Web 3.0, Dapps, and more. The Flux Ecosystem is a fully operational suite of decentralized computing services and blockchain-as-a-service solutions that offer an interoperable, AWS-like development environment. The Ecosystem consists of the following components, all fully deployed and operational: Flux, a native GPU mineable POW (Proof of Work) coin providing incentive for hardware hosters, XDAO governance on-chain, and lousy actor mitigation via staking requirements for running hardware.

 

The day’s top movers (at 2 pm) were Linear Finance and JOE. Ocean Protocol has risen by 12.18% since 9 am. The cryptocurrency markets resumed their upward trajectory. Recent data gathered by the 2100NEWS Indices, which monitor the performance of various groups of tokens and coins,  shows that the indices have increased from 0.64% to 1.27% since midnight. The 2100NEWS Total Index (NWST1100), a widely recognized benchmark for evaluating the performance of 1100 significant crypto assets based on their market capitalization, has also seen a growth of 0.39%. Furthermore, both Ether and Bitcoin have experienced growth over the past 24 hours, with increases of 0.62% and 0.30%, respectively.

 

OCEAN

Ocean Protocol (OCEAN)

2100NEWS ranking: 138, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 15.8, (Average for Tokens: 15.9)

Ocean Protocol describes itself as a decentralized data exchange protocol that lets people share and monetize data while providing control, auditability, transparency, and compliance with all actors involved.

 

The day’s top movers (at 9 am) were MIOTA and Beta Finance. Linear Finance has risen by 14.42% since midnight. The cryptocurrency markets experienced a sideways trend. The 2100NEWS Total Index (NWST1100), which is a prominent benchmark for evaluating the performance of 1100 leading crypto assets based on their market capitalization, has declined by 0.52%. Furthermore, Ether and Bitcoin both experienced declines over the past 24 hours, with drops of 0.06% and 0.77%, respectively.

 


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