Movers of the Day 26-Mar-2024

2100news (22)

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

Top movers of the day are Civic and Request which has surged 42.62% since 7 pm. Civic has increased by 1.1%.

Most cryptocurrencies finished the day higher. The large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) ended +0.17%. Their movement can be seen on the adjacent NWSLT chart over the past 24 hours. On the other hand Bitcoin and Ether ended lower: BTC -0.18%, ETH -0.33%. 2100NEWS Total Index (NWST1100) ended +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.

 

REQ

Request (REQ)

2100NEWS ranking: 320, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 12.6 (Average for Mid-caps: 13.4)

RequestNetwork is a decentralized network that enables anyone to request a payment securely. All of the information regarding the payment process is stored in a decentralized authentic ledger. Thanks to distributed blockchain technology, this process is cheaper, more straightforward, and more secure, allowing for a wide range of automation.

 

7:10 p.m. update: Top movers of the day are Civic and TrueFi which has increased by 6.17% since 2 pm.

In the afternoon the crypto markets turned down. Since 2 pm the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have fallen by 1.13%. 2100NEWS Total Index (NWST1100) is 0.79% lower. Bitcoin has decreased by 0.59%, Ether even by 9.73%.

 

TRU

TrueFi (TRU)

2100NEWS ranking: 367, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 11, (Average for Small caps: 10.1)

TrueFi is a protocol for creating interest-bearing pools with a high APR for liquidity providers. TrueFi includes utility and rewards mechanisms using TrustTokens (TRU) and rewards participants for maintaining stable, high APRs.

 

Top Movers of the Day (at 2 p.m. update):

  • Civic and Goldfinch have emerged as the Top Movers of the Day, and Goldfinch has risen by 7.37% since the morning update.

Overview: Over the last 24 hours, the cryptocurrency market’s continued ascent from around 2 p.m. the previous day and its ability to hold onto the gains with some oscillation suggests an enduring positive sentiment among market participants. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has been in sync with the broader market’s upward trajectory, reinforcing the rally’s strength. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.81% to 2.99% since midnight. 2100NEWS Total Index (NWST1100): This index represents a broad spectrum of the crypto market and tracks 1100 significant cryptocurrencies based on their market cap. With a leap of 5.26%, the NWST1100 reflects positive movement across a wide range of cryptocurrencies. Bitcoin and Ether have registered substantial leaps, with Bitcoin soaring 5.85% and Ether 5.54%.

 

GFI

Goldfinch (GFI)

2100NEWS ranking: 450, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 7.5 (Average for Small caps: 10)

Goldfinch is a decentralized credit protocol for crypto loans without crypto collateral. By incorporating the principle of “trust through consensus” and using different types of off-chain collateral, the Goldfinch protocol allows borrowers to show creditworthiness based on more than just their crypto assets. The missing piece is the one that finally unlocks crypto lending in emerging markets and other places where crypto can truly empower financial inclusion. The protocol serves thousands of end borrowers across India, Mexico, Nigeria, and Southeast Asia.

 

Top Movers of the Day (at 9 a.m. update):

  • Civic and Polymesh have emerged as the Top Movers of the Day, and Civic has soared by 71.88% since midnight.

Overview: Over the last 24 hours, the cryptocurrency market began its ascent around 2 p.m. the previous day. After a sharp rise, it went through a period of consolidation, where it maintained its higher levels with some oscillation. The momentum has persisted, albeit more slowly, suggesting sustained investor interest and market positivity.

  1.  NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has mirrored the overall market momentum, reinforcing the rally’s strength even among the typically more stable “Blue Chip” assets.
  2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.59% to 2.61% since midnight.
  3. 2100NEWS Total Index (NWST1100): This index represents a broad spectrum of the crypto market and tracks 1100 significant cryptocurrencies based on their market cap. With a leap of 5.57%, the NWST1100 reflects positive movement across a wide range of cryptocurrencies.
  4. Bitcoin and Ether have registered substantial leaps, with Bitcoin soaring 5.68% and Ether 5.59%.

 

CVC

Civic (CVC)

2100NEWS ranking: 294, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 12.7, (Average for Mid-caps: 13.5)

Civic is an identity management service that allows one to protect and authorize using their identity in real-time.

 

POLYX

Polymesh (POLYX)

2100NEWS ranking: 223, Mid-cap , Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 12.8, (Average for Coins: 15.2)

Polymesh is an institutional-grade permissioned blockchain built specifically for regulated assets. It streamlines antiquated processes and opens the door to new financial instruments by solving the challenges around governance, identity, compliance, confidentiality, and settlement.

 


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