Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are Function X and THORChain which has increased by 16.86% in the afternoon.
Generally, the crypto markets continued the rebound from yesterday as we can see in the chart above, showing the movement of the NWSBCT index. Over the last 24 hours, 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins have reported gains between 0.83% and 2.03% (microcaps – NWSMi500). 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the top 1100 crypto assets by market capitalization has increased by 1.19%, Bitcoin by 1.13% and Ether by 1.41%.
To find out based on which criteria have been selected, please read the notes.
THORChain describes itself as a decentralized liquidity network that allows users to swap assets instantly at manipulation-resistant market prices. Swaps are done through permissionless cross-chain liquidity pools that allow users to stake their assets to earn trading fees. Traders can monitor pool prices and earn by arbitraging back to fair market prices. Projects can reportedly stake their treasuries to give their tokens deep liquidity.
Top movers of the day at 11:30 are Function X and Enigma. By increasing of 29.54% Function X has moved up the most on the day. Enigma started out 12.79% higher. Generally, the crypto markets continued the rebound from yesterday. On the day, 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins have reported gains up to 0.58%. Over the last 24 hours, 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the top 1100 crypto assets by market capitalization has increased by 0.42%, Bitcoin by 0.18% and Ether by 0.63%.
Function X (FX)
Function X is a next-generation internet service framework. It improves the existing internet and blockchain architecture, combining the benefits of both worlds and using the most commonly-used technical solutions. Function X ecosystem consists of five elements: f(x) operating system, f(x) public blockchain, f(x) FXTP, f(x) docker and f(x) IPFS with the goal to decentralize the Internet. The XPhone is the world’s first mobile device to make use of the Function X blockchain for telephone calls, messaging, file sharing and more. Function X (Symbol: FX) is the native “currency” that will be utilized in the Function X blockchain and ecosystem.
Enigma (ENG) is a crypto platform that’s trying to solve the problem of privacy on the blockchain by giving access to data storage and privacy while remaining scalable. Enigma aims to extend Ethereum Smart Contracts by introducing secret contracts. Secret contracts would operate off-chain, meaning the execution of the contract doesn’t occur on the Ethereum blockchain, but rather sorts any related data into pieces, encrypts those pieces, and distributes them redundantly among Enigma nodes.