Movers of the Day 8-Dec-2022

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

The day’s top movers are TerraClassicUSD and Ampleforth, rising by 17.62% since 7 pm.

As illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the last 24 hours, the crypto markets jumped. In the afternoon, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported gains between 1.19% and 2.65%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has surged 2.51%, Bitcoin by 2.32%, and Ether even 4.47%.

Please read the notes to find out which criteria have been selected.

 

AMPL

Ampleforth (AMPL)

2100NEWS ranking: 320, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 9.1, (Average for Small caps: 10)

The Ampleforth protocol is a set of instructions on the Ethereum blockchain that produces a decentralized unit of account called AMPL. The AMPL token is the primary building block of the Ampleforth Elastic Finance Ecosystem. It is used for lending & borrowing, for the creation of derivatives, and as collateral for a decentralized stablecoin.

 

The crypto markets rose. The day’s top movers (at 7 pm) were Ampleforth and Fetch.ai, rising by 10.53% since 2 pm. In the afternoon, the 2100NEWS Indices, which measure the performance of various groups of tokens and coins, reported gains between 0.16% and 1.46%. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen by 1.05%,  Ether even 1.75%, and Bitcoin by 0.87%.

 

FET

Fetch.ai (FET)

2100NEWS ranking: 267, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Excellent, Score: 17.7, (Average for Mid-caps: 12.7)

Fetch.ai is a platform that aims to connect Internet of Things (IoT) devices and algorithms to enable collective learning. It was launched in 2017 by a team based in Cambridge, UK. Fetch.ai is built on a high-throughput sharded ledger and offers smart contract capabilities to deploy machine learning and artificial intelligence solutions for decentralized problem-solving. These open-source tools are designed to help users create ecosystem infrastructure and deploy commercial models.

 

The crypto markets trended sideways. The day’s top movers (at 2 pm) were Ampleforth and Fetch.ai, rising by 13.48% since 9 am. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen by 0.41%,  Ether even 1.20%, and Bitcoin by 0.22%.

 

The crypto markets trended sideways. The day’s top movers (at 9 am) were Ampleforth and Band Protocol, rising by 10.88% since midnight. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen 0.63%,  Ether by 0.44%, and Bitcoin by 0.33%.

 

BAND

Band Protocol (BAND)

2100NEWS ranking: 171, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 16.2, (Average for Ethereum-based Tokens: 15.2)

Band Protocol offers a decentralized data oracle by making data readily available to be queried on-chain, using a delegated proof of stake (“dPoS”) to ensure data integrity. It aims to be the go-to data infrastructure layer for Web 3.0 applications. It provides decentralized, curated off-chain data to smart contracts through oracles managed by its dPoS consensus mechanism.

 


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