Movers of the Day 12-May-2024

Stay-Balanced-in-a-Soaring-Stock-Market

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

Top movers of the day are Mdex and Aergo. Since morning Mdex has increased by 2.17%, Aergo is 3.32% higher.

During the day the cryptocurrencies were going up and most of them 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 +3.87%. 2100NEWS Total Index (NWST1100) ended +1.25%. Bitcoin ended +0.49%, Ether ended +0.33%.

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.

 

MDX

Mdex (MDX)

2100NEWS ranking: 458, Small cap Non-Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 11.1 (Average for Small caps: 10.1)

Mdex is an automatic market-making decentralized exchange based on the concept of fund pools. It is similar in function to some DEXs on the market, but on this basis, it proposes and implements a dual-chain DEX model based on the Huobi Eco Chain and Ethereum. It combines the advantages of the low transaction fees of the Huobi Eco Chain and the prosperity of the Ethereum ecosystem. It supports the dual mining mechanism of liquidity and transactions.

 

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

  • SuperRare and Verge: These cryptocurrencies have grown remarkably over the past 24 hours, with SuperRare rising by 15.77% since midnight.

Overview: The cryptocurrency market has trended sideways, with little volatility over the last 24 hours. The general market has been calm, indicating a balanced state of buys and sells, with no significant external market drivers causing sharp movements.

  1.  NWSBCT Index for Blue Chips: This index focuses on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has reflected the general market mood.
  2. 2100NEWS Total Index (NWST1100): This index represents a broad spectrum of the crypto market and tracks 1100 significant cryptocurrencies based on their market cap. It has decreased by 0.27% over the previous 24 hours.
  3. Bitcoin and Ether have seen negligible decreases of 0.01% and 0.03%, respectively.

 

RARE

SuperRare (RARE)

2100NEWS ranking: 352, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 11.1 (Average for Small caps: 10.1)

SuperRare 2.0 introduces web-scale curation, independently running storefronts on the platform, and sovereign minting contracts for the artists to mint, promote and sell their works directly to collectors. By embarking on this path of progressive decentralization, SuperRare shifted ownership and governance of the network to the community. SuperRare 2.0 is a decentralized DAO organization that oversees key platform parameters, allocates funds from the Community Treasury, and votes on proposed improvements to the network and protocol.

 

HIVE

Hive (HIVE)

2100NEWS ranking: 246, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 16.2 (Average for Coins: 15.2)

Hive is an open-source blockchain forged in years of development to bring Web 3.0 to the world. With a diverse community of stakeholders and without controlling bad actors, individuals can experience true ownership in a decentralized blockchain & cryptocurrency.

 


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