Movers of the Day 16-Oct-2023

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

Top movers of the day are Holo and BinaryX. Since 7 pm Holo has increased by 2.91%, BinaryX by 1.52%.

The crypto markets finished the day higher as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS Indices ended between +0.24% and +3.77%. 2100NEWS Total Index (NWST1100) ended +3.19%. Bitcoin ended +4.51%, Ether ended +1.90%.

 

The criteria by which these specific cryptocurrencies and indices have been highlighted are detailed in supplemental notes. The provided data offers a snapshot until midnight in the last 24 hours. Therefore, it may not accurately represent the current market conditions at the time of your inquiry.

 

Holo (HOT) 

2100NEWS ranking: 146, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100

2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 12.9 (Average for Tokens: 16.1)

Holochain is a decentralized application platform that uses peer-to-peer networking for processing agent-centric agreement and consensus mechanisms between users. In Holochain, no true global consensus is maintained. Instead, each agent in the public blockchain maintains a private fork that is managed and stored in a limited way on the public blockchain with a distributed hash table. This enables every device on a network to function independently, and only requires the synchronization of data when necessary, or agreed upon by users. This could translate into higher scalability for dapps hosted on Holochain. The Holo ecosystem relies on hosts that provide processing and storage for distributed applications while earning redeemable credits. Holochain Dapps can be developed with JavaScript or Lisp, with support for front-end systems using CSS, HTML, and JavaScript.

 

7:10 p.m. update: Top movers of the day are UMA and Bitcoin SV. Since 2 pm UMA has surged 22.86%, Bitcoin SV has increased by 6.05%.

In the afternoon the crypto markets jumped for a while but soon came back to the morning levels. Looking at the yesterday’s closings the large cap measured by 2100NEWS 100 Large Cap Index (NWSL100) have increased by 1.35%. Moreover, 2100NEWS Total Index (NWST1100) is 2.23% higher. Ether has increased by 1.12%, Bitcoin even by 3.35%.

 

UMA (UMA)

2100NEWS ranking: 164, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100, NWSDM100

2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 15.9 (Average for Tokens: 16.1)

UMA is designed to power the financial innovations made possible by permissionless, public blockchains like Ethereum. UMA defines an open-source protocol that allows any two counterparties to design and create their own financial contracts using fiat financial derivatives concepts. But unlike traditional derivatives, UMA contracts are secured with economic incentives alone, making them self-enforcing and universally accessible.

 

Top Movers of the Day (at 2 p.m. update):

• Stratis and Band Protocol: These cryptocurrencies are the main highlights of the last 24 hours, showcasing notable appreciations in the previous 24 hours as of 2 p.m.
• 0x Protocol: With a rise of 7.39% since the 9 a.m. update, it’s an asset that market watchers should monitor.

Overview: The cryptocurrency domain exhibits an optimistic mood, with predominant upward trends in significant cryptocurrencies and indices. Presently, the market seems to be in a consolidation phase, with most assets moving sideways and exhibiting minor price variations. NWSBCT Index for Blue Chips: This index represents the major and more established cryptocurrencies, also called “Blue Chips,” in the crypto community. The NWSBCT observed an initial period of stability, followed by a bullish trend around 4 p.m., peaking at 3.26. Currently, it is moving sideways, hinting at equilibrium in buy and sell pressures. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.26% to 2.15% since midnight, reflecting a positive movement across different cryptocurrency groups. 2100NEWS Total Index (NWST1100): Representing a broad spectrum of the crypto market, this index tracks 1100 significant cryptocurrencies based on their market cap. It has surged 2.39% over the last 24 hours, signaling strong market vitality. Bitcoin and Ether:  Bitcoin has registered an impressive 3.22% growth over the same timeframe, while Ether has climbed 1.69%.

 

0x (ZRX)

2100NEWS ranking: 181, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSET100

2100NEWS DA Orderbook Quality Evaluation Grade:  Good, Score: 18.9, (Average for Ethereum-based Tokens: 16)

0x is a protocol that facilitates the peer-to-peer exchange of Ethereum-based assets. The protocol serves as an open standard and common building block for any developer needing exchange functionality. 0x provides secure smart contracts that are externally audited, developer tools tailored to the 0x ecosystem, and open access to a pool of shared liquidity. Developers can integrate with 0x at the smart contract or application layer.

 

Top Movers of the Day (at 9 a.m. update):

• Stratis and Band Protocol: Both have shown notable gains and are the standout performers in the last 24 hours as of 9 a.m.
• Bitcon SV: Displaying a solid growth of 10.63% since the midnight update, making it a significant mover to keep an eye on.

Overview: The day started positively for the crypto world, with significant cryptocurrencies and indices pointing north. The crypto market is on an upward trajectory today. Major coins like Bitcoin and Ether have registered sharp increases.

1. NWSBCT Index for Blue Chips: This index represents the major and more established cryptocurrencies, also called “Blue Chips,” in the crypto community. The NWSBCT was relatively stable during the initial hours,s with some minor fluctuations. Around 4 p.m., a significant uptrend started, with the price rising sharply, peaking at approximately 3.26 and then beginning to retract slightly.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.12% to 2.02% since midnight, reflecting a positive movement across different cryptocurrency groups.
3. 2100NEWS Total Index (NWST1100): Representing a broad spectrum of the crypto market, this index tracks 1100 significant cryptocurrencies based on their market cap. It has surged by 2.64% over the last 24 hours, indicating robust market health.
4. Bitcoin and Ether: Ether experienced a 1.66% growth, whereas Bitcoin, the flagship crypto, has witnessed a commendable 3.59% hike in the last 24 hours.

 

Bitcoin SV (BSV)

2100NEWS ranking: 50, Large-cap, Index member: NWST1100, NWSL100, NWSCo100

2100NEWS DA Orderbook Quality Evaluation Grade:  Ordinary, Score: 18 (Average for Large-caps: 18.3)

Bitcoin SV stands for Satoshi Vision. Stemming from Bitcoin Cash, BSV is a hard fork (community-activated update to the protocol or code) established as distinct from BCH after the network upgrade scheduled for November 15th, 2018, resulting in a hash war determining the chains would be split. According to their website, the Bitcoin SV project is primarily backed by CoinGeek Mining, with development work by nChain.

 

Band Protocol (BAND)

2100NEWS ranking: 128, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100, NWSDM100

2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 16.2 (Average for Tokens: 16.1)

Band Protocol offers a decentralized data oracle by making data readily available to be queried on-chain, using a delegated proof of stake (“dPoS”) to ensure data integrity. It aims to be the go-to data infrastructure layer for Web 3.0 applications. It provides decentralized, curated off-chain data to smart contracts through oracles managed by its dPoS consensus mechanism.

 

 

BarnBridge (BOND)

2100NEWS ranking: 462, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300

2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 12.5 (Average for Small caps: 9.9)

BarnBridge is a token of BarnBridgeDAO. BarnBridgeDAO will be the DAO that is controlled by the $BOND community. The BarnBridgeDAO will have complete control over the protocol and the features that are built into it. BarnbridgeDAO will be the final protocol DAO, and BarnBridgeDAO will be the final DAO where the community can vote with their $BOND tokens. The BarnBridge DAO will become the core component of the BarnBridge Platform as it enables decentralized decision-making to enforce actions in the community’s interest.