Movers of the Day 18-Nov-2023

November 18, 202310min205

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

Top movers of the day are Akash Network and Amp. Since morning Akash Network has surged 38.79%, Amp is 24.89% higher. OKT Chain has increased by 14.91%.

Most cryptocurrencies finished the day lower 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 -0.43%. Our main 2100NEWS Total Index (NWST1100) ended -0.14%. Ether ended -0.15% while Bitcoin ended almost unchanged (+0.01%).

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.

 

AKT

Akash Network (AKT)

2100NEWS ranking: 184, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 9.8 (Average for Coins: 15.1)

Akash DeCloud is a faster, better, and lower-cost cloud built for DeFi, decentralized projects, and high-growth companies, providing unprecedented scale, flexibility, and price performance. 10x lower in cost, our serverless computing platform is compatible with all cloud providers and all applications that run on the cloud.

 

Top movers of the day are Bounce Token and Siacoin. Since midnight Bounce Token has increased by 9.35%, Siacoin is 4.81% higher. Beldex has increased by 2.85%.

Today the crypto markets started out lower. Since midnight 2100NEWS Indices which measure the performance of different groups of tokens and coins have fallen between 0.55% and 3.93%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 1.29% lower. Similarly, Ether has decreased by 1.30%, Bitcoin only by 0.27%.

 

AUCTION

Bounce Token (AUCTION)

2100NEWS ranking: 321, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 12.5 (Average for Small caps: 10)

Bounce is a decentralized auction platform incorporating liquidity mining, decentralized governance, and staking mechanisms. The first principle of Bounce is a scarcity of resources, which creates a competitive swap environment. The idea of “swap” originated from Uniswap, where infinite liquidity is provided for participants. While this concept is excellent, Bounce focuses on the opposite scenario instead. Bounce offers a competitive environment for a limited supply of tokens or other assets like NFTs. The assets can be auctioned off in various ways, such as Token sales. Various types of auctions where a limited amount of tokens are auctioned off with different auction principles and time limits, such as fixed price (fixed swap auction), decreasing price (Dutch auction), or hidden price (sealed-bid auction) NFT auctions NFTs are auctioned off with similar auction principles as token sales. However, there are usually fewer NFTs (or only a unique piece) for sale.

 

BDX

Beldex (BDX)

2100NEWS ranking: 213, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 7.1 (Average for Coins: 15.1)

Beldex is a privacy currency based on Monero, Beldex currently offers incentive based Master Nodes and in future Beldex will be using POS instead of POW. Beldex is mainly focused on utilities where you can spend beldex freely, we are in the process of creating a crypto ecosystem to eliminate the middleman and perform financial transactions with absolute freedom

 

SC

Siacoin (SC)

2100NEWS ranking: 163, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 11.3 (Average for Coins: 15.1)

Sia is a decentralized storage system. Users worldwide can contribute disk storage from their computers to create a decentralized network. With Sia cryptos, users can easily rent storage from hosts on the Sia system, which is achieved through smart storage contracts saved on the distributed Sia blockchain.

 



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