Movers of the Day 6-Mar-2024

2100news (17)

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

Top movers of the day are Circuits of Value and Ribbon Finance. Since 7 pm Circuits of Value has surged 62.30%, Ribbon Finance has increased by 0.45%.

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. 2100NEWS Indices ended between +5.32% and +9.34%. Our main 2100NEWS Total Index (NWST1100) ended +6.59%. Bitcoin ended at $65,975.40 (+4.41%), Ether ended at $3,816.38 (+9.91%).

 

 

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.

 

 

COVAL

Circuits of Value (COVAL) 

2100NEWS ranking: 645, Microcap Non-Ethereum-based Token, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 9.7 (Average for Microcap: 7.1)

The circuits-of-value system is being designed with a central goal of driving value using “off-chain” methods. This means native coin assets and tokens from other public and private blockchains networks (consisting of COVAL itself) access the COVAL Network of issued ledgers (COVAL Sidechains). They can be transacted flexibly and securely by employing skeptical p2p models in COVAL Network. Both individual tokens and wallets (containers of coins) represented by sidechain assets called Emblems are included in COVAL transactions.

 

7:10 p.m. update: Top movers of the day are Circuits of Value and Ribbon Finance. Since 2 pm Circuits of Value has surged 23.95%, Ribbon Finance is 6.38% higher.

In the afternoon the crypto markets went up again. Since 2 pm the tokens built on Ethereum measured by 2100NEWS Ethereum Based Index (NWSET100) have increased by 1.79%. Our main 2100NEWS Total Index (NWST1100) is 1.42% higher. Bitcoin has increased by 1.72%, Ether only by 0.24%.

 

COVAL

Circuits of Value (COVAL) 

 

1:10 p.m. update: Top movers of the day are Ribbon Finance and Metal DAO. Since 9 am Ribbon Finance has surged 40.58%, Metal DAO has increased by 23.83%.

The crypto markets trended sideways. In the last 24 hours the large caps represented by 2100NEWS 100 Large Cap Index (NWSL100) have fallen by 5.16%. 2100NEWS Total Index (NWST1100) has decreased by 2.26%. Bitcoin has fallen by 1.87% while Ether has increased by 1.73%.

 

RBN

Ribbon Finance (RBN) 

2100NEWS ranking: 198, Mid-cap Ethereum based , Index member: NWST1100, NWSM200, NWSET100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 12.5 (Average for Mid-caps: 13.5)

Ribbon Finance is a suite of DeFi protocols that help users access crypto structured products. By combining derivatives, lending and a proprietary on-chain options exchange (Aevo), Ribbon aims to be the one-stop solution for users who want to improve a portfolio’s risk-return profile.

 

Top movers of the day are Circuits of Value and Myro which has surged 48.51% since midnight. Circuits of Value is 35.23% higher. Terra has increased by 9.85%.

The crypto markets started out higher today. Since midnight 2100NEWS Indices which measure the performance of different groups of tokens and coins have increased up to 8.00%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 6.12% higher. Bitcoin has increased by 4.90%, Ether even by 8.06%.

 

LUNA

Terra (LUNA)

2100NEWS ranking: 229, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 6.1 (Average for Coins: 15)

Terra is an open-source, public blockchain that hosts a vibrant and expanding ecosystem of applications. On Terra, you can build applications and organizations using the available suite of cutting-edge developer tools or try out existing apps simply by connecting a wallet. The Terra ecosystem runs on its native cryptocurrency, LUNA. You can use LUNA to pay transaction fees on the Terra blockchain as you interact with various applications, earn rewards, purchase your favorite digital art, vote on community-led governance proposals, and much more. Terra is permissionless and borderless, which means that its next-generation financial products are accessible to anyone in the world with an Internet connection.

 

MYRO

Myro (MYRO)

2100NEWS ranking: 418, Small cap Non-Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 6.6 (Average for Small caps: 10)

Myro is a viral narrative based on Solana Co-Founder Raj Gokal’s pet dog, becoming a staple in the Solana memecoin space. Myro will be more than just a memecoin, featuring several unique use cases and utilities that are beneficial to the long-term growth of the Solana Ecosystem. The Myro movement is like no other on the Solana blockchain, bringing dog lovers from all around the crypto space and uniting them into one.

 


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