Movers of the Day 31-Jul-2023

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

Top movers of the day are Polymath and Everscale which has increased by 2.49% since 7 pm. Helium is 2.96% higher while Polymath is 6.40% lower.

Most crypto markets finished the day lower as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. The large caps represented by 2100NEWS 100 Large Cap Index (NWSL100) ended -0.96%. The mid caps represented by 2100NEWS 200 Mid Cap Index (NWSM200) ended -0.40%. Similarly, Ether ended -0.38% while Bitcoin ended slightly higher (+0.03%).

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

 

EVER

Everscale (EVER)

2100NEWS ranking: 568, Small cap , Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 2.1 (Average for Small caps: 9.8)

Everscale is a scalable smart contract-based platform that is able to process 100k+ transactions per second, with sharding, dynamic multithreading, and low gas costs. Everscale aims to become the backbone for high-load applications with real use cases, as well as to be a hub connecting all popular blockchains together. Its fast-growing ecosystem includes all kinds of dApps: exchanges, bridges, non-custodial wallets, and GameFi applications.

 

Top movers of the day at 19:10 are Everscale and Refereum. Since 2 pm Everscale has surged 22.03%, Refereum is 4.03% higher. Verge has increased by 0.29%. In the afternoon the crypto markets turned down. Since 2 pm the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have fallen by 0.79%. 2100NEWS Total Index (NWST1100) is 0.58% lower. Similarly, Bitcoin has decreased by 0.56%, Ether only by 0.37%.

 

EVER

Everscale (EVER)

 

The day’s top movers (at 2 pm) are Bitcoin Gold and Polymath, surging by 20.37% since 9 am. The crypto markets have been relatively stagnant with a sideways trend. Here are some essential points: The NWSBCT Index for Blue Chips, which represents Blue Chips in the crypto space, has shown a lateral movement. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, report gains ranging from 0.08 to 1.17% since midnight. While these gains are positive, they have been relatively modest. The 2100NEWS Total Index (NWST1100), reflecting the overall market sentiment by tracking the performance of 1100 significant cryptocurrencies based on their market capitalization, has seen a modest decrease of 0.33% over the last 24 hours. Bitcoin and Ether have shown mixed performance, with  Bitcoin’s price increasing by 0.29% while Ether’s price decreasing by 0.43% over the past 24 hours. These marginal movements underscore the absence of strong directional momentum in the crypto market.

 

POLY

Polymath (POLY)

2100NEWS ranking: 221, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 12.7 (Average for Mid-caps: 13.1)

The Polymath Network is a blockchain-based system to coordinate and incentivize participants to collaborate and launch financial products on the blockchain. The Polymath team aims to create a standard token protocol that embeds defined requirements into the tokens themselves to ease the primary issuance and secondary trading of blockchain securities tokens.

 

The day’s top movers (at 9 am) were Bitcoin Gold and Verge, rising 12.02% since midnight. The crypto markets trended sideways, and here are some essential details to keep in mind:

  1. The NWSBCT Index for Blue Chips, which represents Blue Chips in the crypto space, has shown a sideways movement.
  2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, report gains ranging from 0.31 to 1.03% since midnight.
  3. The 2100NEWS Total Index (NWST1100), reflecting the overall market sentiment by tracking the performance of 1100 significant cryptocurrencies based on their market capitalization, has seen a slight decrease of 0.17% over the last 24 hours.
  4. Bitcoin and Ether have shown mixed performance, with  Bitcoin’s price increasing modestly by 0.37% while Ether’s price decreasing by 0.50% over the

 

XVG

Verge (XVG)

2100NEWS ranking: 230, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 11.3 (Average for Coins: 15.4)

Verge is a cryptocurrency designed for people and everyday use. It improves upon the original Bitcoin blockchain and aims to fulfill its initial purpose of providing individuals and businesses with a fast, efficient, and decentralized way of making direct transactions while maintaining your privacy.

BTG

Bitcoin Gold (BTG)

2100NEWS ranking: 136, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 12.1 (Average for Coins: 15.4)

BTG is a cryptocurrency with Bitcoin fundamentals, mined on common GPUs instead of specialty ASICs. ASICs tend to monopolize mining to a few big players, but GPU mining means anyone can mine again – restoring decentralization and independence. GPU mining rewards go to individuals worldwide instead of mainly to ASIC warehouse owners, recreating network effects that Bitcoin used to have.

 

ARK

Ark (ARK)

2100NEWS ranking: 288, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 12.6, (Average for Coins: 15.4)

ARK is a cryptocurrency and blockchain-based development platform allowing anyone to create their own fully customizable and interoperable blockchain and reducing the industries’ need for Smart Contracts by using custom transactions, logic, and multiple programming languages. ARK aims to solve the difficulty of working with blockchain technology and developing solutions that satisfy various use cases. The ARK Core Framework gives developers easier access to blockchain technology. This framework consists of the ARK Core, which acts as the backbone of an ARK-based network, peer-to-peer handling operations, ledger database management, API access, and custom business logic.

 

 

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