Movers of the Day 2-Dec-2023

2100news (14)

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

Top movers of the day are Kin and ORDI. Since morning Kin has surged 52.16%, ORDI has increased by 35.22%. IOTa is 16.66% higher.

During the day the crypto markets were going up and finished in green. Today’s crypto market movement is illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. The large caps represented by 2100NEWS 100 Large Cap Index (NWSL100) ended +2.47%. Moreover, the mid caps measured by 2100NEWS 200 Mid Cap Index (NWSM200) ended +2.70%. Our main 2100NEWS Total Index (NWST1100) ended +2.25%. Bitcoin ended +1.65%, Ether ended +3.45%.

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.

 

KIN

Kin (KIN)

2100NEWS ranking: 363, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 11 (Average for Small caps: 10)

The Kin cryptocurrency is used as money within a digital ecosystem of consumer applications and services. Kin tokens enter circulation via an incentive model called the Kin Rewards Engine, or “KRE,” which rewards the developers who create compelling user experiences with Kin based on their engagement. This offers a software monetization model that incentivizes the adoption of new use cases and the creation of value for a cryptocurrency and encourages the exchange of value between users instead of harvesting user data and attention at no benefit to users.

 

ORDI

ORDI (ORDI)

2100NEWS ranking: 82, Large-cap Non-Ethereum-based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSOT50, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 16.2 (Average for Large-caps: 18.2)

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.

 

Top movers of the day are Alchemix and Gods Unchained. Since midnight Alchemix has surged 17.21%, Gods Unchained is 14.96% higher. Siacoin has increased by 0.63%.

The crypto market continued to go up this morning. Since midnight 2100NEWS Indices which measure the performance of different groups of tokens and coins have increased up to 1.99%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 0.49% higher. Ether has increased by 0.62%, Bitcoin only by 0.04%.

 

ALCX

Alchemix (ALCX)

2100NEWS ranking: 430, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 12 (Average for Small caps: 10)

Alchemix Finance is a future-yield-backed synthetic asset platform and community DAO. The platform gives you advances in yield farming via a synthetic token representing a fungible claim on any underlying collateral in the Alchemix protocol. The DAO will focus on funding projects to help the Alchemix ecosystem grow and the greater Ethereum community.

 

SC

Siacoin (SC)

2100NEWS ranking: 160, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 11.3 (Average for Coins: 15)

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.

 

GODS

Gods Unchained (GODS)

2100NEWS ranking: 239, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 16.1, (Average for Mid-caps: 13.2)

Gods Unchained is a free-to-play tactical card game that gives players true ownership of their in-game items. Led by the former game director of Magic: The Gathering: Arena, the game focuses on competitive play, which means players must strategically outsmart their opponents by building decks that can combat a wide variety of tactics. In Gods Unchained, players own their digital items entirely, giving them the freedom to trade, sell, and use their cards any way they like – just like owning real, tangible cards.


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