Daily Highlights | 6th December

Knockout Stage Matches
Week 4 | Day 2
6th December 2022

Sumitomo Mitsui Financial Group Inc vs. Barclays

Today’s Score 1:0

Total Score 2:0

The semifinal week continues with all four teams fighting valiantly to win. In the banking club, the second round of the semi final week ended with interesting results. 
 
In the semi final match 2, team Sumitomo Mitsui Financial Group won another round against Barclays. Now, the team SMFG is leading with two scores against the zero of Barclays. 

SMFG group operates in over 40 countries and maintains a presence in all International Financial Centres as the 12th biggest bank in the world by total assets. This Japan's second-biggest bank by assets, has been doing remarkably well in this tournament since day one. 

The current consensus among 11 polled investment analysts is to buy stock in Sumitomo Mitsui Financial Group Inc. This rating has held steady since December, when it was unchanged from a buy rating.
 
The team needs only one more point against Barclays to be declared as the finalist in this tournament. Will it be able to achieve that one point in the third round?

Stay tuned! 

Loopring vs. Compound

Today’s Score 1:0

Total Score 2:0

In the crypto world, Loopring is up against Compound in the Semi final match 1. 

On the second day of the match - Loopring has achieved dominance of two points against Compound, in this interesting turn of events! 

Team Loopring (LRC) is an Ethereum token that describes itself as “an open-source, audited, and non-custodial exchange protocol.” The team’s stated purpose is to create a hybrid platform that combines prominent features of both centralized and decentralized exchanges. 

The price of Loopring has fallen by 2.58% in the past 7 days. The price declined by 4.15% in the last 24 hours. In just the past hour, the price shrunk by 2.96%. The current price is PKR 54.09 per LRC. Loopring is 93.74% below the all time high of PKR 863.70.

All these fundamentals pose a risky situation for the team in the upcoming days. If their opponent, team Compound manages to find a way to do better - they can still easily manage to win against Loopring. 

What will happen then? Stay tuned to find out tomorrow! 

Basic Attention vs. Cosmos

Today’s Score 0:1

Total Score 1:1

The match gets interesting again! 

Cosmos manages to score the second round and tie the game with 1:1 against Basic Attention. 

Basic Attention did score a point on the first day- but as stated yesterday- experts aren’t very optimistic about the team and it’s future performance. And it’s starting to look quite correct, as the team performs pretty basic as was expected of them.

Cosmos, on the other hand, is ecstatic. Cosmos (ATOM) is a cryptocurrency that powers an ecosystem of blockchains designed to scale and interoperate with each other. The team aims to "create an Internet of Blockchains, a network of blockchains able to communicate with each other in a decentralized way." It is a proof-of-stake chain. 

According to many experts, this team can give huge earning potential to everyone who plans to invest in it. The future of Cosmos looks quite optimistic , unlike team Basic Attention.

But in this tournament- anything can happen. What’s going to happen? Stay tuned to find out tomorrow!