Movers of the Day 9-Sep-2023

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

Top movers of the day are Verge and Chromia. Since morning Verge has surged 21.80%, Chromia has increased by 2.85%.

Most cryptocurrencies finished the day lower. The tokens built on Ethereum represented by 2100NEWS Ethereum Based Index (NWSET100) ended -0.12%. Their movement can be seen on the adjacent NWSET chart over the past 24 hours. The non-Ethereum tokens measured by 2100NEWS NonEthereum Based Index (NWSOT50) ended -0.19%. Bitcoin ended -0.04%, Ether ended +0.01%.

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.

 

XVG

Verge (XVG)

2100NEWS ranking: 255, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 11.3 (Average for Coins: 15.5)

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.

 

Top movers of the day are Voyager Token and Chromia which has surged 13.64% since midnight. Voyager Token is 12.32% higher. Radix has increased by 9.85%.

The crypto markets started out at the same levels as they finished last night. In the last 24 hours the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have decreased by 0.60%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 0.93% lower. Bitcoin has fallen by 1.31%, Ether by 0.61%.

 

VGX

Voyager Token (VGX)

2100NEWS ranking: 322, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Excellent, Score: 17.1 (Average for Small caps: 9.9)

Voyager is a licensed crypto broker, not just another exchange. Voyager connects to the world’s leading market makers and liquidity providers to ensure their users get a better price on their trades, maximum liquidity on every order, and excellent access to the crypto market. Voyager offers investors commission-free trading of dozens of top crypto assets from one secure and trusted app.

 

XRD

Radix (XRD)

2100NEWS ranking: 80, Large-cap , Index member: NWST1100, NWSL100, NWSCo100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 14 (Average for Large-caps: 18.3)

Radix can refer to a few different things, depending on context: (1) Radix as software: Radix can refer to the Radix Node software, Radix Desktop Wallet, and Radix Explorer; (2) Radix as a protocol: Radix can refer to the Radix Protocol, which is the set of rules that governs validator nodes running Radix Node software. The Radix Protocol comprises the Radix Engine’s application layer and Cerberus’s consensus layer. It is the first layer one protocol specifically built to serve DeFi; (3) Radix as a network: The Radix Protocol running on validator nodes forms the basis of the Radix Public Network – a fully decentralized platform for DeFi dApps and users; (4) Radix as a ledger: The decentralized Radix Public Network maintains the public, immutable and permissionless Radix Ledger; (5) Radix as a project: Radix can refer to the decentralized project being undertaken by the Radix Community, core developer RDX Works, Radix Foundation, and Radix Tokens (Jersey); (6) Radix as an ecosystem: All of the above, including a decentralized community of users, developers, node-runners, and XRD token holders; dApps, partners, and ancillary services, forms the totality of the Radix ecosystem.

 

CHR

Chromia (CHR)

2100NEWS ranking: 233, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 17.1 (Average for Mid-caps: 13.4)

Chromia is a blockchain platform for decentralized applications, conceived in response to the shortcomings of existing platforms and designed to enable a new generation of dapps to scale beyond what is currently possible. Chromia gives power to developers to give power to the public. Chroma is a meta token native to Chromia. It serves as a medium for exchange and an economic balancing tool for dapps deployed on Chromia. It: – Enables dapps to pay for system resource usage – Enables resource conversion between dapps – Enables smart contract automatic conversion – Enables liquidity and profit-sharing – Provides a mechanism for validator nodes to stake a security deposit for participation in the public network.

 


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