Movers of the Day 30-Apr-2024

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

Top movers of the day are Covalent and Steem. Since 7 pm Covalent has increased by 3.42%, Steem is 2.02% higher.

Generally, the crypto markets finished the day deep 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 -4.72% and -6.32%. Our main 2100NEWS Total Index (NWST1100) ended -4.98%. Bitcoin ended -4.63%, Ether ended -5.94%.

 

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.

 

Steem (STEEM)

2100NEWS ranking: 290, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100

2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 10.5 (Average for Coins: 15.2)

Steem bills itself as a social blockchain that grows communities and makes revenue streams possible for users by rewarding them for sharing content. It also powers real applications via social apps like Steemit. Steem started as the cryptocurrency on the Steemit platform that rewards users for community building through upvoting and posting meaningful content. Founded in 2016 by Ned Scott and BitShares creator Dan Larimer, the Steemit platform, built atop the Steem blockchain, is a social media network that seeks to be a source of community-driven curated content such as news, Q&A, and job boards. The more value a particular piece of content can deliver across a significant number of people, the greater the reward the creator receives. Steemit users can cast votes to create a hierarchy of content. The higher the upvote count received on a content piece, the more Steem is earned by its publisher. Steemit’s meritocratic system also enables users who hold more currency to cast more meaningful, more significant influence votes.

 

7:10 p.m. update: Top movers of the day are Covalent and Jito Labs. Since 2 pm Covalent has increased by 10.91%, Jito Labs by 0.64%.

In the afternoon the crypto markets continued to go down. In the last 24 hours the mid caps (the cryptocurrencies with market cap from $15 million to $70 million) represented by 2100NEWS 200 Mid Cap Index (NWSM200) have dropped by 6.84% (-2.03% as of 2:10 pm). Our main 2100NEWS Total Index (NWST1100) has fallen by 4.80% (-1.34% as of 2:10 pm). Since 2 pm Bitcoin has decreased by 1.27%, Ether by 0.91%.

 

Covalent¸(CQT)

2100NEWS ranking: 415, 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 mover of the day is MiL.k which has increased by 2.37% since 9 am. Amp and Braintrust are lower: AMP -4.42%, BTRST -1.75%.

After higher start of the day the crypto markets went down strongly. Since 9 am the tokens built on Ethereum represented by 2100NEWS Ethereum Based Index (NWSET100) have dropped by 5.34%. The coins measured by 2100NEWS Coin Index (NWSCo100) have fallen by 4.88%. Our main 2100NEWS Total Index (NWST1100) is 4.27% lower. Bitcoin has fallen by 3.45%, Ether by 5.00%.

 

MiL.k (MLK)

2100NEWS ranking: 540, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300

2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 3.7 (Average for Small caps: 10.1)

MiL.k is a crypto developed by MIL.K ALLIANCE PROJECT. This project combines the points of lifestyle services and makes them interchangeable with other services you need. All the aligned service points can be integrated into the platform and exchanged between different services. Mil.k Coin is the means of integrating, purchasing, and cashing the points.

 

Top movers of the day are Amp and Braintrust which has increased by 9.15% since midnight. Amp is 5.07% higher. Wormhole has increased by 2.05%.

Most cryptocurrencies started out higher this morning. Since midnight 2100NEWS Indices which measure the performance of different groups of tokens and coins have increased up to 1.30%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 0.56% higher. Bitcoin has increased by 0.47% while Ether has decreased by 0.11%.

 

Amp (AMP)

2100NEWS ranking: 177, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSET100, NWSDM100

2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 12.6 (Average for Ethereum-based Tokens: 15.8)

Amp is the new digital collateral token offering instant, verifiable assurances for any kind of value transfer. Using Amp, networks like Flexa can quickly and irreversibly secure transactions for various asset-related use cases. Amp claims to offer a straightforward but versatile interface for verifiable collateralization through a system of collateral partitions and collateral managers. Where collateral partitions can be designated to collateralize any account, application, or even transaction and carry balances directly verifiable on the Ethereum blockchain, collateral managers are smart contracts that can lock, release, and redirect collateral in these partitions as needed to support value transfer activities. Amp supports a wide variety of use cases for collateralization and also introduces the concept of predefined partition strategies, which can enable special capabilities such as collateral models through which tokens can be staked without ever leaving their original address.

 

Braintrust (BTRST)

2100NEWS ranking: 275, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200

2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 15.7 (Average for Mid-caps: 13.5)

Braintrust is the first decentralized talent network that connects highly skilled technical freelancers with the world’s most reputable brands like Nestle, Porsche, Atlassian, Goldman Sachs, and Nike. Braintrust’s unique business model allows talent to retain 100% of their earnings and enables organizations to spin up flexible, skilled teams on-demand at a fraction of the cost of traditional staffing firms. A blockchain token uniquely enables this new business model that limits fee extraction and enables community ownership.

 

Wormhole (W)

2100NEWS ranking: 73, Large cap Non Ethereum based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSOT50

2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 15.1 (Average for Large caps: 17.9)

Wormhole is the leading interoperability platform powering multichain applications and bridges at scale. The platform is designed to connect different blockchains, allowing for the secure and efficient transfer of data and assets. Individual blockchains like Ethereum and Solana are not inherently compatible with each other. Imagine Wormhole as a series of highways connecting cities, where each city represents a distinct blockchain ecosystem.