Movers of the Day 3-Mar-2024

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

Top movers of the day are Golem and HOPR Token which has surged 47.79% since morning. Golem has increased by 6.14%.

In the afternoon the crypto markets turned up and 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 +0.47% and +2.07%. Our main 2100NEWS Total Index (NWST1100) ended +1.40%. Bitcoin ended +1.51%, Ether ended +1.71%.

 

 

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.

 

GLM

Golem (GLM)

2100NEWS ranking: 192, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 10.4 (Average for Mid-caps: 13.5)

Golem is a decentralized marketplace for computing power. It enables CPUs and GPUs to connect in a peer-to-peer network, enabling both application owners and individual users (“requestors”) to rent resources from other users’ (“providers”) machines. These resources can be used to complete tasks requiring any amount of computation time and capacity. Nowadays, centralized cloud providers control these services, and these platforms are constrained by closed networks, proprietary payment systems, and hard-coded provisioning operations. Golem proposes an open-source, decentralized, and user-controlled alternative.

 

HOPR

HOPR (HOPR)

2100NEWS ranking: 587, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 8.2 (Average for Small caps: 10)

The HOPR network is an incentivized p2p mixnet where nodes are relay points for transferring data between users. Data is encrypted and mixed in between nodes so only the users at the source and destination of the data can know the source and destination and decrypt the data. Users running nodes are incentivized to perform their duties correctly as they can only unlock their rewards once they have relayed data to the next hop in the chain.

 

Top movers of the day are Golem and Smooth Love Potion. Since midnight Golem has surged 56.67%, Smooth Love Potion is 27.74% higher. Syscoin has increased by 11.45%.

The crypto markets moved lower this morning. Since midnight 2100NEWS Indices which measure the performance of different groups of tokens and coins have fallen between 0.19% and 2.52%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 0.84% lower. Bitcoin has decreased by 0.18%, Ether by 0.22%.

 

SLP

Smooth Love Potion (SLP)

2100NEWS ranking: 234, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 16.9 (Average for Mid-caps: 13.5)

Small Love Potion is an ERC-20 token that can be used on the Ethereum blockchain. Axie Infinity is a game (dapp) that runs on the Ethereum blockchain, where users can collect, raise, breed, and battle virtual creatures called axies. Axies are similar to real-life pets, and each one has its own unique traits and appearance.

 

SYS

Syscoin (SYS)

2100NEWS ranking: 274, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 13.2 (Average for Coins: 15.1)

As well as a cryptocurrency, Syscoin is meant to be a global network, a distributed ledger, a decentralized database, and a blockchain. Aiming to help developers create and implement decentralized applications and enable the development of custom decentralized marketplaces, Syscoin aims to cut out the middlemen of online retail.

 


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