Movers of the Day 2-Jun-2023

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

The day’s top movers are Energy Web Token and Synapse. Core has risen by 8.54% since 7 pm.

The crypto markets concluded in the green, as evidenced by the NWSBCT Index for Blue Chips. According to the 2100NEWS Indices, which track various groups of tokens and coins, prices have increased between 0.42% and 1.14% across indices since 7 pm. The wider cryptocurrency market, as measured by the 2100NEWS Total Index (NWST1100), which looks at the performance of 1100 significant crypto assets based on market capitalization, has seen a notable surge of 1.67%. Over the past 24 hours, Bitcoin (BTC) has increased by 1.25%, while Ether (ETH) has experienced a significant rise of 1.94%.

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

 

CORE

Core (CORE)

2100NEWS ranking: 219, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 12.5 (Average for Coins: 15.2)

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 maximize security, scalability, and decentralization. Core DAO’s mission is to grow the Core network and the Satoshi Plus ecosystem broadly.

 

The day’s top movers at (7 pm) were Energy Web Token and Synapse, rising by 4.34% since 2 pm. The crypto markets displayed a sideways trend. The 2100NEWS Indices, which provide insights into various groups of tokens and coins, have shown gains ranging from 0.67% to 2.67% since midnight. The broader cryptocurrency market, represented by the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has observed a slight increase of 0.34%. Bitcoin (BTC) has witnessed a rise of 0.36% over the past 24 hours, while Ether (ETH) has surged by 1.06%.

 

SYN

Synapse (SYN)

2100NEWS ranking: 274, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade:  Extremely Weak, Score: 7.7 (Average for Mid-caps: 13.1)

Synapse is a cross-chain layer ∞ protocol powering frictionless interoperability between blockchains. Synapse provides decentralized, permissionless transactions between any L1, sidechain, or L2 ecosystem. It powers integral blockchain activities such as asset transfers, swaps, and generalized messaging with cross-chain functionality – enabling new primitives based on its cross-chain architecture. While Synapse focuses on cross-chain transactions, at its core, there has been and continues to be an AMM that enables low slippage swaps between pegged assets on any chain. At any point, users can use Synapse to swap between native stablecoins at the best rates on all Synapse-enabled chains.

 

The day’s top movers at (2 pm) were Energy Web Token and ABBC Coin, rising by 11.95% since 9 am. There was positive growth in the crypto markets. The 2100NEWS Indices, which monitor the performance of various groups of tokens and coins, have reported gains ranging from 0.84% to 3.23% across the indices since midnight. The broader cryptocurrency market, represented by the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen 1.36%. Bitcoin (BTC) has experienced an increase of 0.95%, while Ether (ETH) has seen a more significant rise of 1.85% within the last 24 hours.

 

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 (9 am) were ABBC Coin and Energy Web Token. Injective have risen by 8.21% since midnight. The crypto markets increased. The 2100NEWS Indices, which monitor the performance of various groups of tokens and coins, have reported gains ranging from 0.22% to 2.17% across the indices since midnight. The broader cryptocurrency market, represented by the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has experienced a notable increase of 1.50%. Bitcoin (BTC) has shown a rise of 1.17%, while Ether (ETH) has witnessed a more substantial growth of 1.91% during the same period.

 

INJ

Injective (INJ)

2100NEWS ranking: 66, Large-cap Ethereum-based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSET100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 15.8 (Average for Large-caps: 18.1)

Injective Protocol is a fully decentralized layer-2 DEX protocol built for the next generation of decentralized derivatives exchange. The Injective Chain is a Tendermint-based IBC-compatible blockchain that supports a decentralized order-book-based DEX protocol and a trustless ERC-20 token bridge to the Ethereum blockchain. It is the first layer-2 fully decentralized exchange protocol for decentralized perpetual swaps, futures, and spot trading that unlocks the full potential of decentralized derivatives and borderless DeFi. Every protocol component has been built to be fully trustless, censorship-resistant, publicly verifiable, and front-running resistant.

 

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 by the Energy Web Foundation – a global nonprofit unleashing blockchain’s potential in the energy sector – and its international consortium of Members, including upstream energy companies, utilities, grid operators, software developers, and technology vendors.

 

 


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