Movers of the Day
Written by Indira on October 7, 2018
Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are Callisto Network and Moeda Loyalty Points which has surged by 56,04% since 11:30. Generally, the tokens and coins are at the same level that they were yesterday. 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of top 1100 crypto assets by market cap is practically unchanged in the last 24 hours. Bitcoin has increased by 0.13% and Ethereum has decreased by 0.25%. As the chart below shows, the average price of top 1100 crypto assets by market cap has declined steeply since 21st September. The bullish flag formations pattern is found. Flag results from a period of consolidation. Within a few days, a decision will be made. The proverbial ‘battle lines’ can be defined as the support levels where the most trading occurs. Support levels are where demand is perceived to be strong enough to prevent the price from falling further. If support levels (Pivot, Fibonacci, Price EMA25) is strong enough, we will see up movement.
Moeda Loyalty Points (MDA)
Moeda Tokens are backed by a social contract in loyal support of Green Cross Brazil to achieve the United Nations Sustainable Development Goals (SDGs). Capital appreciation of tokens will correlate to usage, investment, and projects’ sustainable profitability subject to market supply and demand dynamics.
Top movers of the day at 11:30 are Numeraire and Callisto Network, since midnight the biggest move has made Numeraire which has surged by 30.48%. Generally, the tokens and coins dropped slightly. Since midnight 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of top 1100 crypto assets by market cap has dropped by 0.80%. Bitcoin and Ethereum have decreased by 0.78% and by 1.85%.
Numeraire (Symbol: NMR) is a new cryptographic token that could be employed in a novel auction mechanism with the aim to create overfitting economically irrational.
Callisto Network (CLO)
Callisto Network (Symbol: CLO) is a Blockchain technology, Cryptocurrency and Smart-Contracts. Callisto Network is a blockchain platform with its own cryptocurrency (CLO) that is based on Ethereum protocol, so any Callisto improvements can be applied to Ethereum Classic. Callisto is NOT a testnet or a hardfork of Ethereum Classic. Callisto Network is developed by Ethereum Commonwealth, one of three ETC development teams.
— Callisto Support (@CallistoSupport) October 6, 2018
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