Movers of the Day 1-Jun-2023

crypto

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

The day’s top movers are ABBC Coin and Energy Web Token, soaring 29.63% since 7 pm.

The NWSBCT (Blue Chips) Index movement over the last 24 hours indicates that the crypto markets have trended sideways, showing little change in prices. According to the 2100NEWS Indices, which monitor the performance of various groups of tokens and coins, have experienced a slight decrease ranging from -0.06% to -0.68% since 7 pm. The broader cryptocurrency market, represented by the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen slightly by 0.21%. Bitcoin (BTC) has experienced a larger decline of 0.67% in the last 24 hours, while Ether (ETH) has observed an increase of 0.30% over the same period.

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

 

EWT

Energy Web Token (EWT)

2100NEWS ranking: 256, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 9.9 (Average for Coins: 15.3)

Energy Web Token (EWT) is the native token of the Energy Web Chain, a public, Proof-of-Authority Ethereum Virtual Machine blockchain specifically designed to support enterprise-grade applications in the energy sector. The Energy Web Chain is operated and governed by over 25 Validator nodes from 15 countries, including utilities, grid operators, and startups. In addition to its native token, the EW Chain supports all ERC standards. The Energy Web Chain was launched in June 2019 bythe  Energy Web Foundation – a global nonprofit unleashing blockchain’s potential in the energy sector – and its global consortium of Members, including upstream energy companies, utilities, grid operators, software developers, and technology vendors.

 

The day’s top movers at (7 pm) were Wilder World and ABBC Coin, soaring 64.84% since 2 pm. Leading cryptocurrencies have shown stability, with prices remaining relatively unchanged in the past 24 hours. On the other hand, the broader cryptocurrency market, represented by the 2100NEWS Total Index (NWST1100), has experienced a 0.80% increase. This index tracks the performance of 1100 significant crypto assets based on their market capitalization. Ether (ETH) has observed an increase of 0.64%, while Bitcoin (BTC) has seen a more minor increase of 0.21% within this market movement.

 

ABBC CoinABBC Coin (ABBC)

2100NEWS ranking: 374, Small cap, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 7.4, (Average for Small caps: 9.8)

ABBC is a technology optimized for distribution, finance, shopping, and security using blockchain technology. ABBC Project is an open platform that works on distributed ledger technology, making it open and transparent to all participants. It is designed to develop digital crypto-currency markets and objects for various purposes and subsequent launch and integration into a unique ecosystem.

 

The day’s top movers at (2 pm) were Wilder World and Core, rising by 9.19% since 9 am. Prices remained relatively unchanged. However, the broader cryptocurrency market, represented by the 2100NEWS Total Index (NWST1100), has experienced a modest decline of 0.50%. This index tracks the performance of 1100 significant crypto assets based on their market capitalization. Within this market movement, Ether has observed a decrease of 0.30%. Similarly, Bitcoin has also declined by 0.83%.

 

CORE

Core (CORE)

2100NEWS ranking: 232, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 12.5 (Average for Coins: 15.3)

The Core is a new, independent blockchain to operate at the core of Web 3. Powered by a new consensus mechanism, Satoshi Plus, Core is a Turing-complete blockchain leveraging the Bitcoin mining hash rate and the Ethereum Virtual Machine (EVM). Satoshi Plus applies a protocol-driven validator election mechanism to combine the optimal features of Proof of Work (PoW) and Delegated Proof of Stake (DPoS) to ensure the maximization of security, scalability, and decentralization. Core DAO’s mission is to broadly grow the Core network and the Satoshi Plus ecosystem.

 

The day’s top movers at (9 am) were TrueFi and XDC Network, rising by 12.79% since midnight. The prices of the blue-chip cryptocurrencies remained relatively stable. However, the broader cryptocurrency market, as measured by the 2100NEWS Total Index (NWST1100), has experienced a decline of 1.14%. This index tracks the performance of 1100 significant crypto assets based on their market capitalization. Among the prominent cryptocurrencies, Ether has experienced a decrease of 0.60%, while Bitcoin has faced a decline of 1.31%.

 

XDC

XDC Network (XDC)

2100NEWS ranking: 113, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 10.6, (Average for Coins: 15.3)

XinFin is an enterprise-ready hybrid BlXinFin technology company optimized for international trade and finance. The XinFin network is powered by the native coin called XDC. The XDC protocol is architected to support smart contracts, 2000TPS, 2 seconds transaction time, and KYC to Masternodes (Validator Nodes). The XDC Chain (XinFin Digital Contract) uses XinFin Delegated Proof of Stake (XDPoS), intending to create a ‘highly-scalable, secure, permission, and commercial-grade blockchain network. XinFin mainnet token XDC also creates an opportunity to utilize XinFin’s real-world use cases, such as TradeFinex.org, which helps small and medium businesses or institutions originate their own financial requirements in a digital, fully structured manner so that they can distribute them to the bank or non-bank funders themselves using a common distribution standard.

 

TRU

TrueFi (TRU)

2100NEWS ranking: 281, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 11 (Average for Mid-caps: 13.2)

TrueFi is a protocol for creating interest-bearing pools with a high APR for liquidity providers. TrueFi includes utility and rewards mechanisms using TrustTokens (TRU) and rewards participants for maintaining stable, high APRs.

 

 

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