Movers of the Day 13-Sep-2023

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

The day’s top movers are Hifi Finance and VeThor Token, soaring 38.21% since 7 p.m.

The cryptocurrency market has experienced an increase in the past day. Here are the key details:

1. The NWSBCT Index for Blue Chips, representing prominent cryptocurrencies, often called Blue Chips in the crypto space, has risen as depicted in the adjacent chart.
2. The 2100NEWS Total Index (NWST1100), reflecting the overall market sentiment by tracking the performance of 1100 significant cryptocurrencies based on their market capitalization, has risen modestly by 0.54% over the last 24 hours.
3.  In the same 24-hour period, Ether (ETH) has slightly increased by 0.26%, while Bitcoin (BTC) has seen a modest increase of 0.54%.

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.

 

VeThor Token (VTHO)

2100NEWS ranking: 239, Mid-cap Non-Ethereum-based Token, Index member: NWST1100, NWSM200, NWSOT50

2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 11.8 (Average for Non-Ethereum-based Tokens: 14)

As a leading enterprise-friendly public blockchain platform, VeChain began in 2015 and aims to connect blockchain technology to the real world by providing enterprises with blockchain solutions suitable for their business needs and to build a trust-free and distributed business ecosystem platform for business value. VeChain ToolChain™, a one-stop data BaaS platform, VeChain will continue to promote the large-scale application of blockchain technology, help enterprise clients in digitalization transformation, and eventually realize the long-term vision of enabling the real economy.

 

 

The top movers of the day at 19:10 are Hifi Finance and Tellor, which has surged 12.30% since 2 p.m. Hifi Finance is 8.67% higher. Storj has increased by 5.68%. The crypto markets went up in the afternoon, as illustrated by an adjacent chart showing the NWSBCT Index (Blue Chips) movement over the past 24 hours. Since 2 p.m., 2100NEWS Indices have increased up to 1.09%. 2100NEWS Total Index (NWST1100) is 0.37 higher. Similarly, Ether has increased by 0.38% and Bitcoin by 0.34%.

 

Tellor (TRB)

2100NEWS ranking: 378, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300

2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 12 (Average for Small caps: 9.9)

Tellor is a decentralized Oracle for bringing high-value off-chain data onto Ethereum. The system utilizes a network of staked miners that compete to solve a PoW challenge to submit the official value for requested data. Tokens are mined with every successful Tellor data point, and the company takes a 10% dev share to support the development of the ecosystem.

 

The day’s top movers (at 2 p.m.) are Compound and Hifi Finance. Gains Network has risen by 10.86% since 9 a.m. Over the past 24 hours, the cryptocurrency market has trended sideways after a recovery. Here are the essential things to know: The NWSBCT Index for Blue Chips, representing prominent cryptocurrencies, often called Blue Chips in the crypto space, has trended sideways. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.10% to 0.73% since midnight. The 2100NEWS Total Index (NWST1100), reflecting the overall market sentiment by tracking the performance of 1100 significant cryptocurrencies based on their market capitalization, has increased by 0.20% over the last 24 hours. Bitcoin’s price has risen by 0.51% over the past 24 hours, while Ether has decreased by 0.25%.

 

Gains Network (GNS)

2100NEWS ranking: 245, Mid-cap Non-Ethereum-based Token, Index member: NWST1100, NWSM200, NWSOT50

2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 8.3 (Average for Non-Ethereum-based Tokens: 14)

Gains Network is developing gTrade, a liquidity-efficient, powerful, and user-friendly decentralized leveraged trading platform. Their uniquely designed synthetic architecture makes gTrade more capital-efficient than any existing platform. It allows for low trading fees and a wide range of leverages and pairs (up to 150x on cryptos, up to 1000x on forex, and up to 100x on stocks). The protocol revolves around the ecosystem’s ERC20 utility token (GNS) and ERC721 utility token (NFTs). GNS and the NFTs are designed to be actively used within the platform (utility) and to allow ownership of the protocol through revenue capture & governance (soon). It includes GNS holders receiving platform fees through single-sided staking, burning of GNS using platform revenue, NFT holders getting reduced spread and boosted rewards, as well as NFT bots executing limit orders and liquidations.

 

The day’s top movers (at 9 a.m.) were VeThor Token and Hifi Finance, rising by 10.80% since midnight. Over the past 24 hours, the cryptocurrency market experienced a consolidation after a recovery. Here are the essential things to know:

1. The NWSBCT Index for Blue Chips, representing prominent cryptocurrencies, often called Blue Chips in the crypto space, has consolidated.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from 0.05% to 0.66% 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 increased by 0.61% over the last 24 hours.
4. Bitcoin’s price has risen by 0.76% over the past 24 hours, while Ether has increased by 0.49%.

 

Hifi Finance (HIFI) 

2100NEWS ranking: 258, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200

2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 12.8 (Average for Mid-caps: 13.4)

Hifi is a decentralized finance protocol that brings fixed-rate, fixed-term lending to Ethereum-based blockchains.

 

 

CyberConnect (CYBER)

2100NEWS ranking: 198, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSDM100

2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 15.5 (Average for Mid-caps: 13.4)

CyberConnect is Web3’s earliest and biggest social network that enables developers to create social applications utilizing ERC-4337/Account Abstraction, empowering users to own their digital identity, content, connections, and interactions.