Movers of the Day
Written by Indira on November 4, 2018
Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are LockTrip and NKN. 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of top 1100 crypto assets by market cap has surged by 1.90% in the last 24 hours. In the same time, Bitcoin has increased by 0.24% and Ether has shot up by 4.38%.
As we can see on the chart below it is not surprising that tokens and coins prices were approaching important support level and reversed course after Tuesday when we warned readers to keep eyes on support levels at 720 points. The support held and formed the double bottom pattern. The market rallied across all indexes last five days. As to the early cheer, the stellar Ether was a big help to the bulls today. Looking ahead to next week it is likely that rally will continue.
LockChain is a cryptocurrency that enables users to collect money and manage hotel booking without paying any commissions to third parties as users and property owners can connect to each other directly on the platform.
Top movers of the day are LockTrip and HYCON. Since midnight the biggest move has made Bitcoin Diamond which has surged by 16.96%. At night the tokens and coins were mixed. The “big-ones” rose up to 1.71% while the “little-ones” fell slightly. 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of top 1100 crypto assets by market cap is 0.66% higher than 24 hours ago. Since midnight Bitcoin has increased by 0.09% and Ethereum by 0.37%.
HYCON, which stands for Hyperconnected Coin, is the digital asset built on top of a faster and more scalable blockchain developed by the Infinity Project team. Using a DAG (Directed Acyclic Graph) structure, it has the capability to publish several blocks simultaneously with the ability to resolve conflicting transactions and reject double-spends through the SPECTRE consensus algorithm.
Bitcoin Diamond (BCD)
Bitcoin Diamond is a fork of Bitcoin that occurs at the predetermined height of block 495866, and there is a new chain will be generated as the BCD. Bitcoin Diamond miners will begin creating blocks with a new proof-of-work algorithm, and will consecutively develop and enhance the protection for account transfer and privacy based on original features of BTC. This will cause a bifurcation of the Bitcoin blockchain.