Movers of the Day 3-Jul-2024
Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are Beta Finance and BinaryX which has surged 11.34% since 7 pm. Beta Finance has fallen by 9.49%.
The crypto markets finished the day deep down as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS Indices ended between -3.03% and -6.49% (NWSOT50). Our main 2100NEWS Total Index (NWST1100) ended -3.70%. Bitcoin ended -2.82%, Ether ended -3.58%.
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.
BinaryX (BNX)
2100NEWS ranking: 139, Mid-cap Non-Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSOT50, NWSDM100 |
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 12.7 (Average for Tokens: 16.2) |
BinaryX is a GameFi and IGO platform, and the force behind popular blockchain games such as CyberChess, CyberDragon, and CyberLand. These games run on the BNB Chain. Aside from developing games, BinaryX has now evolved into a full fledged GameFi platform by offering Initial Game Offering (IGO) services, giving game developers the opportunity to launch their GameFi projects on their platform, and for users to get early access to innovative new games.
7:10 p.m. update: Top movers of the day are Beta Finance and StormX. Since 2 pm Beta Finance has surged 30.15%, StormX has increased by 3.41%. Horizen is 0.33% higher.
In the afternoon the crypto markets were still down. In the last 24 hours the tokens built on Ethereum represented by 2100NEWS Ethereum Based Index (NWSET100) have dropped by 3.16%. Our main 2100NEWS Total Index (NWST1100) has fallen by 3.00%. Bitcoin has decreased by 2.29%, Ether by 2.95%.
Beta Finance (BETA)
2100NEWS ranking: 427, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300 |
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 10.7 (Average for Small caps: 10.2) |
Beta Finance is a permissionless money market on Ethereum for borrowing, lending, and shorting crypto assets. It allows users to access a scalable and accessible money market where tokens can be listed permissionless and automatically and where users can short these tokens. Beta Finance plans to launch on additional layer one and layer two solutions after its Ethereum Mainnet launch. Users have three options: lending, borrowing, and shorting. Lenders can lend crypto assets for any market on Beta Finance and earn interest on it. Borrowers can take the contrary position, while short-sellers can use collateral to initiate short positions. Unlike centralized exchanges, Beta Finance does not use an order book to execute shorts but routes the trade through decentralized exchanges that use automated market makers. As part of its Phase 2 launch, the platform plans to release permissionless money market creation.
2:10 p.m. update: Top mover of the day is StormX which has increased by 2.42% since 9 am. BinaryX and Horizen are lower. BNX -1.98%, ZEN -0.42%.
The crypto markets continued to go down. Since 9 am the large caps (the cryptocurrencies with market cap from $200 million to $50 billion) represented by 2100NEWS 100 Large Cap Index (NWSL100) have fallen by 1.89%. Our main 2100NEWS Total Index (NWST1100) is 1.45% lower. Bitcoin has decreased by 1.04%, Ether by 1.82%.
StormX (STMX)
2100NEWS ranking: 412, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300 |
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 13.7 (Average for Small caps: 10.2) |
Founded in 2015, StormX is one of the first global cryptocurrency-based solutions to reach worldwide markets. As a mobile app and browser extension, StormX aims to bring users cashback in crypto for most of their online purchases with enterprise partners like Samsung, Nike, and Lego. StormX also allows users to stake the native STMX token to boost their rewards.
Top movers of the day are BinaryX and Horizen which has increased by 10.43% since midnight. BinaryX is 6.10% higher.
The crypto markets moved lower this morning. Since midnight the 2100NEWS Indices which measure the performance of different groups of tokens and coins have dropped between 1.15% and 1.99%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization has fallen by 1.69%. Bitcoin has fallen by 1.64%, Ether by 1.59%.
Helium Mobile (MOBILE)
2100NEWS ranking: 379, Small cap Non-Ethereum-based Token, Index member: NWST1100, NWSS300 |
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 6.8 (Average for Small caps: 10.2) |
Launched in July 2019, Helium is a decentralized wireless network that allows low-power smart devices to send and receive data to the internet. Miners earn HNT for providing network coverage and relaying data to the internet using Hotspot hardware.
Horizen (ZEN)
2100NEWS ranking: 271, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100 |
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 13.6, (Average for Coins: 15.2) |
Horizen is a blockchain platform with a leading-edge privacy technology that provides everyone with privacy and complete control of their digital footprint. The Horizen platform enables real-life uses beyond our currency including the ability to privately chat with other people. Soon, Horizen will enable you to publish information and go anywhere on the web, all with complete privacy.