Movers of the Day 12-Jul-2024
Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are Mdex and ORDI. Since 7 pm Mdex has surged 34.67%, ORDI has increased by 4.25%. Flamingo is 2.50% higher.
The crypto markets finished the day in green as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS Indices ended between +0.32% and +2.09%. Our main 2100NEWS Total Index (NWST1100) ended +0.70%. Bitcoin ended +0.36%, Ether ended +0.32%.
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.
ORDI (ORDI)
| 2100NEWS ranking: 80, Large-cap Non-Ethereum-based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSOT50, NWSDM100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 16.2 (Average for Large-caps: 18) |
The Ordinal theory concerns itself with satoshis, giving them individual identities and allowing them to be tracked, transferred, and imbued with meaning. Satoshis, not Bitcoin, is the atomic, native currency of the Bitcoin network. One bitcoin can be subdivided into 100,000,000 satoshis, but no further. The ordinal theory does not require a sidechain or token aside from Bitcoin and can be used without any changes to the Bitcoin network. It works right now. Ordinal theory imbues satoshis with numismatic value, allowing them to be collected and traded as curios. Individual satoshis can be inscribed with arbitrary content, creating unique Bitcoin-native digital artifacts that can be held in Bitcoin wallets and transferred using Bitcoin transactions. Inscriptions are as durable, immutable, secure, and decentralized as Bitcoin itself.
7:10 p.m. update: Top movers of the day are Mdex and Beldex. Since 2 pm Mdex has surged another 16.61%, Beldex is 5.11% higher.
In the afternoon the crypto markets went up. Since 2 pm 2100NEWS Indices which measure the performance of different groups of tokens and coins have increased up to 2.45%. Our main 2100NEWS Total Index (NWST1100) is 1.76% higher. Bitcoin has increased by 1.55%, Ether even by 2.06%.
Mdex (MDX)
| 2100NEWS ranking: 485, Small cap Non-Ethereum-based Token, Index member: NWST1100, NWSS300 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 11.1, (Average for Small caps: 10.2) |
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.
2:10 p.m. update: Top movers of the day are Mdex and XRP. Since 9 am Mdex has surged 58.15%, XRP has increased by 4.35%.
The crypto markets trended sideways. In the last 24 hours the tokens built on Ethereum represented by 2100NEWS Ethereum Based Index (NWSET100) have fallen by 3.67%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 2.80% lower. Bitcoin has fallen by 2.72%, Ether by 2.62%.
Mdex (MDX)
Top movers of the day are Orion and Illuvium. Since midnight Orion has increased by 2.32%, Illuvium by 1.75%.
The crypto markets started out at the same levels as they finished last night. In the last 24 hours the large caps (the cryptocurrencies with market cap from $200 million to $50 billion) measured by 2100NEWS 100 Large Cap Index (NWSL100) have decreased by 1.15%. Bitcoin has fallen by 1.19%, Ether has decreased by 0.22%.
ALEX Lab (ALEX)
| 2100NEWS ranking: 494, Small cap Non-Ethereum-based Token, Index member: NWST1100, NWSS300 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 5.4, (Average for Small caps: 10.2) |
ALEX is the first one-stop DeFi services platform on Bitcoin via Stacks. The sea change of DeFi begins as simply as lending and borrowing Bitcoin. The smart contracts that govern those loans can be used to create bonds. Using these decentralized bonds, we can recreate derivative products, leverage, and all the other functions of higher finance, replacing them with the algorithms of an Automated Liquidity Exchange or ALEX.
Orion (ORN)
| 2100NEWS ranking: 376, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 13.5, (Average for Small caps: 10.2) |
Orion is the only DeFi platform creating a truly decentralized crypto landscape for businesses and consumers. Their trading terminal aggregates the liquidity of the entire crypto market into one place, embedding robust tools for the most intelligent trades at the best price every time. Their Broker Pool underpins our DeFi solutions, built to provide the crypto market with the liquidity, accessibility, and growth it needs to succeed.
Illuvium (ILV)
| 2100NEWS ranking: 154, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 12.9, (Average for Tokens: 16.2) |
Illuvium is a collectible NFT RPG game and auto-battler rolled into one. There is an open-world RPG experience in the overworld, where you mine, harvest, capture, and fight Illuvials. Once you have assembled your tea,m you can join the fray in the autobattle,r where you strategically build your teams to beat your opponents in battle. The Illuvials possess unique stats, classes, and affinities. Your team’s synergy—based on how you match their strengths and compensate for weaknesses—could mean a winning streak for you.
Lily
Litecoin