Movers of the Day 12-Nov-2023

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

Top movers of the day are Bancor and Ergo. Since morning Bancor has surged 32.72%, Ergo has increased by 21.70%.

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. The large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) ended +0.98%. Moreover, the mid caps represented by 2100NEWS 200 Mid Cap Index (NWSM200) ended +1.30%. Bitcoin ended +0.74%, Ether ended +0.75%.

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



Bancor (BNT)

2100NEWS ranking: 253, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 11.4 (Average for Mid-caps: 13.1)

Bancor is an on-chain liquidity protocol that enables automated, decentralized exchange on Ethereum and across blockchains. The protocol comprises a series of smart contracts designed to pool liquidity and perform peer-to-contract trades in a single transaction with no counterparty. Users stake BNT in automated market makers in exchange for trading fees, BNT staking rewards, and voting rights in the Bancor DAO. Bancor has processed over $2 billion in trade volume across thousands of tokens, with millions in fees generated by stakers.


Top movers of the day are ORDI and THORChain which has surged 15.46% since midnight. ORDI is 13.26% higher.

The crypto markets moved higher this morning. Since midnight 2100NEWS Indices which measure the performance of different groups of tokens and coins have increased up to 2.72%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 0.87% higher. Bitcoin has increased by 0.69%, Ether by 0.71%.




2100NEWS ranking: 182, Mid-cap Non-Ethereum-based Token, Index member: NWST1100, NWSM200, NWSOT50, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 16.2 (Average for Non-Ethereum-based Tokens: 13.9)

The Ordinal theory concerns itself with satoshis, giving them individual identities and allowing them to be tracked, transferred, and imbued with meaning. Satoshis, not Bitcoin, is the atomic, native currency of the Bitcoin network. One bitcoin can be subdivided into 100,000,000 satoshis, but no further. The ordinal theory does not require a sidechain or token aside from Bitcoin and can be used without any changes to the Bitcoin network. It works right now. Ordinal theory imbues satoshis with numismatic value, allowing them to be collected and traded as curios. Individual satoshis can be inscribed with arbitrary content, creating unique Bitcoin-native digital artifacts that can be held in Bitcoin wallets and transferred using Bitcoin transactions. Inscriptions are as durable, immutable, secure, and decentralized as Bitcoin itself.



Celestia (TIA)

2100NEWS ranking: 214, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 14, (Average for Mid-caps: 13.1)

Celestia is a new technology that powers, scales, and secures web3 applications. To achieve this, Celestia introduces a new blockchain architecture to solve the core scaling challenges of today’s blockchains. This new architecture is what we call modular blockchains.




2100NEWS ranking: 37, Large-cap Non-Ethereum-based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSOT50, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 22 (Average for Large-caps: 18.3)

THORChain is a decentralized exchange protocol designed to power the next generation of digital asset exchanges, wallets and payment services. It is not intended to compete with any existing token, platform, or other solution. Rather, THORChain aims to bind all cryptocurrencies together with an accessible, secure, and lightning-fast bridging protocol.


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