Movers of the Day 31-Oct-2023

Exante_news_2019_mai_01

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

Top movers of the day are Status and Gas. Since 7 pm Status has surged 77.10%, Gas has increased by 5.87%.

Most cryptocurrencies 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 100 Large Cap Index (NWSL100) which measures the performance of the the large caps ended +0.13%. Similarly, 2100NEWS Total Index (NWST1100) ended +0.12%. Bitcoin ended +0.31%, Ether ended +0.04%.

The criteria upon 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.

 

SNT

Status (SNT)

2100NEWS ranking: 179, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSET100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 13.8 (Average for Ethereum-based Tokens: 16)

Status is a messenger, crypto wallet, and Web3 browser built with state-of-the-art technology. Status strives to be a secure communication tool that upholds human rights. They enable community money and community law and, through privacy, preserve culture.

 

7:10 p.m. update: Top movers of the day are MobileCoin and Smooth Love Potion which has increased by 10.23% since 2 pm. MobileCoin is 9.64% higher.

The crypto markets trended sideways. In the last 24 hours the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have increased by 0.26%. 2100NEWS Total Index (NWST1100) is 0.09% higher. Bitcoin has increased by 0.15%, Ether by 0.20%.

 

MOB

MobileCoin (MOB)

2100NEWS ranking: 218, Mid-cap Coin, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 14.5, (Average for Mid-caps: 13.3)

MobileCoin is an encrypted-focused cryptocurrency designed for use in everyday transactions. MobileCoin addresses four fundamental issues: Security, Transaction Speed, Energy Consumption, and Optimization for Mobile devices. No one except the sender and receiver can see the transaction details, and the public blockchain is encrypted to ensure security. MobileCoin is an unrivaled cryptocurrency designed to be fast and secure enough for mobile transactions.

 

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

  • Osmosis and MobileCoin have been identified as standout performers in the last 24 hours.
  • SushiSwap has shown a rise of 11.46% since the morning update.

Overview: The crypto market experienced a slight contraction over the last 24 hours, which is not uncommon due to the sector’s volatility. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips,” and as delineated in the accompanying chart, the index has primarily meandered sideways over the last 24 hours. However, there have been intermittent rises and two sharp declines, indicating pockets of both bullish and bearish sentiment. 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 slightly decreased by 0.31% in the last 24 hours, suggesting cautious market sentiment. Bitcoin and Ether have charted divergent paths. While Bitcoin grappled with a dip of 0.96%, Ether’s trajectory was slightly more optimistic, albeit registering a modest decrease of 0.66% over the last 24 hours.

SUSHI

SushiSwap (SUSHI)

2100NEWS ranking: 157, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100
2100NEWS DA Orderbook Quality Evaluation Grade:  Good, Score: 20.2 (Average for Tokens: 16.2)

SushiSwap is an automated market-making (AMM) decentralized exchange (DEX) currently on the Ethereum blockchain. In addition to DEX, SushiSwap involves a collection of governance, operations, and reward contracts that help grow the SushiSwap ecosystem and utilization. SushiSwap was designed as the next step forward in the Uniswap protocol design: an evolution. Taking Uniswap’s elegant core design, the team added community-oriented features that they believe help improve the protocol’s design and provide further benefits to the actors involved. With SushiSwap, one can also provide some liquidity into a pool and earn rewards in the form of SUSHI tokens. However, unlike Uniswap, those SUSHI tokens will also entitle you to continue earning a portion of the protocol’s fee, accumulated in SUSHI, even if you no longer participate in the liquidity provision. To start providing liquidity and earning SUSHI tokens, anyone holding Uniswap LP tokens can stake those LP tokens into the corresponding initial list of pools. They began earning tokens once rewards started on block 10750000. The list of eligible LP tokens can be added per on-chain governance. At every block, 100 SUSHI tokens will be created. These tokens will be equally distributed to the stakers of each supported pool.

 

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

  • Ark has been identified as one of the standout performers in the last 24 hours.
  • Stratis has shown a significant rise in the last 24 hours, and since midnight, it has surged by 20.41%.

Overview: Despite the occasional turbulence, the cryptocurrency market has shown resilience, maintaining a relatively stable stance over the past 24 hours.

  1. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The NWSBCT Index has shown a sideways movement over the past 24 hours, punctuated by sporadic rises and two pronounced declines.
  2. 2100NEWS Total Index (NWST1100): Representing a broad spectrum of the crypto market, this index tracks 1100 significant cryptocurrencies based on their market cap and has reported a modest growth of 0.46% in the last 24 hours.
  3. Bitcoin and Ether have had varied fortunes over the past day. Bitcoin experienced a slight dip, decreasing by 0.17%, while Ether managed to register a growth of 0.30% during the same period.
STRAX

Stratis (STRAX)

2100NEWS ranking: 161, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 14 (Average for Coins: 15.6)

Stratis is a cryptocurrency used on a platform that provides flexible and affordable end-to-end solutions. These solutions can be applied to the experiment, construction, and deployment of C# blockchain applications based on the .net framework. They are also attached to users’ needs at a quite competitive price.

ARK

Ark (ARK)

2100NEWS ranking: 205, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 12.6 (Average for Coins: 15.6)

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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