Movers of the Day 7-Jun-2023

2100news (22)

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

The day’s top movers are Radicle and Stella. NYM has risen by 10.78% since 7 pm.

The NWSBCT Index for Blue Chips chart over the past 24 hours indicates that the cryptocurrency markets have resumed falling. This is believed to be a result of recent actions taken by the United States Securities and Exchange Commission (SEC) against  Binance and Coinbase, two major crypto exchanges, for allegedly offering unregistered securities. Data from the 2100NEWS Indices, which monitor the performance of various groups of tokens and coins, supports this observation, showing losses ranging from -0.47% to -1.01% since 7 pm. Additionally, the 2100NEWS Total Index (NWST1100), which measures the performance of 1100 significant crypto assets based on their market capitalization, has plunged 3.74% over the last 24 hours. Moreover, Ether and Bitcoin have both seen declines of 2.50% and 2.69%, respectively, during the same period.

Please read the notes to find out which criteria have been selected. The market information provided only reflects the state of the market up to 12 pm in the last 24 hours. Therefore, it may not accurately represent the current market conditions at the time of your inquiry.

 

NYM

NYM (NYM)

2100NEWS ranking: 236, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 15.2, (Average for Mid-caps: 13.1)

Nym is the next generation of privacy, engineered by some of the world’s leading research scientists and developers at world-class universities Massachusetts Institute of Technology, KU Leuven, and University College London. The system comprises a mixnet providing privacy at the network level, credentials providing privacy at the application level, and the NYM token to reward those who run the system, making it sustainable and scalable in the long run. Together, these will form a global, decentralized privacy network that will be powered by the NYM crypto token.

 

The top movers of the day at 19:10 are Radicle and Storj, which has surged 13.44% since 2 pm. Radicle is 4.82% higher, FLEX has increased by 1.02%. In the afternoon, the crypto markets stepped down, as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. Since 2 pm 2100NEWS Indices have fallen between 1.57% and 3.52. 2100NEWS Total Index (NWST1100) is 2.01% lower. Bitcoin has decreased by 1.69%, Ether only 1.32%.

 

STORJ

Storj (STORJ)

2100NEWS ranking: 210, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSET100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 15.8 (Average for Ethereum-based Tokens: 15.8)

Storj (pronounced: storage) aims to become a cloud storage platform that can’t be censored, monitored, or have downtime. It is the first decentralized, end-to-end encrypted cloud storage platform. Storj’s core technology is an enforceable, peer-to-peer storage contract. It’s a way for two people (or computers) to agree to exchange some amount of storage for money without knowing each other. We call the computer-selling space the “farmer” and the computer-purchasing space the “renter.” The renter and farmer meet, negotiate an agreement, and move data from the renter to the farmer for safekeeping.

 

The day’s top movers (at 2 pm) are LivePeer and Stella, rising by 13.45% since 9 am. The cryptocurrency markets have seen a positive rebound and are currently in a consolidation phase. Since midnight, the 2100NEWS Indices, which monitor the performance of various groups of tokens and coins, have experienced a retrace ranging from -0.15% to -2.09 across indices. However, the 2100NEWS Total Index (NWST1100), which measures the performance of 1100 significant crypto assets based on their market capitalization, has shown a notable rise of 2.95% over the past 24 hours. Additionally, Ether (ETH) has increased by 3.08%, and Bitcoin (BTC) has seen a surge of 4.43% during the same period.

 

ALPHA

Stella (ALPHA)

2100NEWS ranking: 224, Mid-cap Non-Ethereum-based Token, Index member: NWST1100, NWSM200, NWSOT50
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 12.6 (Average for Non-Ethereum-based Tokens: 14.1)

Alpha Finance Lab is an ecosystem of cross-chain DeFi products that will interoperate to bring optimal alpha returns to users. Alpha products focus on capturing unaddressed demand in DeFi in an innovative and user-friendly way.

 

The day’s top movers (at 9 am) are Stacks and Metal DAO, surging by 21.51% since midnight. The crypto markets rebounded positively after a recent spike. While the 2100NEWS Indices, which monitor the performance of various groups of tokens and coins, have experienced a retrace ranging from -0.10% to -1.44 across indices since midnight, contrary to the retrace, the 2100NEWS Total Index (NWST1100), which measures the performance of 1100 significant crypto assets based on their market capitalization, has seen a positive movement over the last 24 hours. It has soared by 3.12%; Ether (ETH) has increased by 3.55%, and Bitcoin (BTC) has seen a surge of 4.14% during the same period.

 

MTL

Metal DAO (MTL)

2100NEWS ranking: 238, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade:  Good, Score: 16.7 (Average for Mid-caps: 13.1)

Metal is a digital currency for MetalPay that enables instant global payment by utilizing just a phone number. MTL is fairly decentralized with the support of a process called Proof of Processed Payments (PoPP). Members and participants could earn rewards in MTL by spending or purchasing. The maximum supply is 66.5 million MTL. Users can get up to 5% MTL on every purchase. They can also receive high interest when investing in MTL.

 

XNO

Nano (XNO)

2100NEWS ranking: 204, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 13 (Average for Coins: 15.2)

Nano is decentralized, secured, and sustainable digital money focused on addressing the inefficiencies present in existing financial systems. Uniquely designed to provide simple peer-to-peer transfer of value, nano empowers individuals with the most efficient and accessible digital money possible, connecting them to the global economy with minimal impact. Nano provides an intuitive experience that feels like digital currency should – no fuss, fees, or waiting. It’s what accessible and easy-to-use digital money should feel like.

 


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