Movers of the Day 16-May-2024

Tokens and coins that moved the most in the last 24 hours:
Top movers of the day is Core DAO and Chainlink which has surged 13.17% since 7 pm. Core DAO has increased by 5.23%.
The crypto markets finished the day in red as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS Indices ended between -0.16% and -1.80%. Our main 2100NEWS Total Index (NWST1100) ended -1.07%. Bitcoin ended -0.75%, Ether ended -2.56%.
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.

Chainlink (LINK)
2100NEWS ranking: 13, Blue chip Ethereum-based Token, Index member: NWST1100, NWSL100, NWS30, NWSTo100, NWSET100, NWSDM100 |
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 23.6 (Average for Blue chips: 23.6) |
ChainLink is safe Ethereum-based blockchain middleware that connects smart contracts on multiple networks with critical resources. The resource can be off-chain resources like different web APIs, data feeds, and common bank accounts. More specifically, ChainLink allows users to connect to any existing API by efficiently attaching smart contracts on many different networks to users’ existing applications and important external data.
7:10 p.m. update: Top movers of the day is Covalent which has surged 14.86% since 2 pm. Core DAO has stayed almost the same (-0.57%).
In the afternoon the crypto markets turned down. Since 2 pm the coins (without Bitcoin and Ether) measured by 2100NEWS Coin Index (NWSCo100) have decreased by 1.50%. Our main 2100NEWS Total Index (NWST1100) is 0.89% lower. Bitcoin has fallen by 1.77%, Ether by 1.81%.

Covalent CQT
2100NEWS ranking: 426, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300 |
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 5.8 (Average for Small caps: 10.1) |
Covalent provides the industry-leading Unified API, bringing visibility to billions of Web3 data points. Developers and analysts use Covalent to build exciting multi-chain applications like crypto wallets, NFT galleries, and investor dashboard tools utilizing data from 177 + blockchains. Covalent is trusted by a community of 40,000+ developers and powers data for 5,000+ applications, including 0x, Zerion, Rainbow Wallet, Rotki, Bitski, and many others.
2:10 p.m. update: Top movers of the day are Fantom and Chromia. Since 9 am Fantom has increased by 2.08%, Chromia by 2.42%.
The crypto markets trended sideways. In the last 24 hours the large caps represented by 2100NEWS 100 Large Cap Index (NWSL100) have increased by 6.46%. Moreover, the mid caps (the cryptocurrencies with market cap from $15 million to $70 million) measured by 2100NEWS 200 Mid Cap Index (NWSM200) have increased by 7.35%. Bitcoin has increased by 6.29%, Ether by 3.64%.

Fantom (FTM)
2100NEWS ranking: 38, Large-cap Ethereum-based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSET100 |
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 19.6 (Average for Large-caps: 17.9) |
FANTOM is the world’s firstDAG-basedd smart contract platform that solves the issue of scalability and confirmation time of the existing blockchain technology.
Top movers of the day are ConstitutionDAO and Fantom. Since midnight ConstitutionDAO has increased by 7.63%, Fantom is 6.64% higher. Clearpool has increased by 3.10%.
The crypto markets started out at the same levels as they finished last night. In the last 24 hours 2100NEWS Indices which measure the performance of different groups of tokens and coins have increased up to 7.69%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 6.07% higher. Bitcoin has increased by 6.46%, Ether by 3.83%.

ConstitutionDAO (PEOPLE)
2100NEWS ranking: 276, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200 |
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 16.5 (Average for Mid-caps: 13.5) |
Constitution DAO was an experiment that has now been dissolved. In November 2021, a group of web3-enthusiasts gathered as a decentralized autonomous organization with the shared objective of buying a copy of the U.S. Constitution at a Sotheby’s Auction. There are only 13 original physical copies of the U.S. Constitution in existence, which meant that this auction sparked a competitive bidding battle. Even though the group raised well over $40 million in ETH, it ultimately fell short. It was outbid by Ken Griffin, a billionaire hedge fund manager and CEO of Citadel.

Clearpool (CPOOL)
2100NEWS ranking: 369, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300 |
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 13.2 (Average for Small caps: 10.1) |
Clearpool is a decentralized marketplace for unsecured institutional capital. It allows institutions to borrow funds from a decentralized network of lenders without the need for collateral. On Clearpool, whitelisted institutional borrowers can create and launch individual single-borrower liquidity pools. Lenders can earn attractive risk-adjusted interest rates to supply liquidity to a borrower pool. Anybody can be a lender, and yields are enhanced with additional CPOOL rewards, making Clearpool one of the most attractive venues for DeFi lenders.