Movers of the Day
Written by Indira on December 1, 2018
Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are AdEx and XYO Network. The biggest move made XYO Network which has surged 37.18% since morning. The tokens and coins ended the day in green. 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of top 1100 crypto assets by market cap ended up 5.24%. Bitcoin and Ether also made the significant move: Bitcoin ended up 6.84%, Ether ended up 6.16%.
XYO Network (XYO)
The goal of the XYO Network is to create a trustless, decentralized system of location oracles that is resistant to attack and produces the highest certainty possible when queried for available data. We accomplish this through a set of abstractions that greatly reduces the risk of location spoofing through a chain of zero-knowledge proofs along the components of the system.
Top movers of the day are AdEx and TTC Protocol. Since midnight AdEx has surged 54.65%. The significant move also made Kyber Network which has surged 18.35% since midnight. Yesterday’s winner became today’s loser: at night Theta Token fell by almost 10%. Generally, at night the tokens and coins rose slightly. Since midnight 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of top 1100 crypto assets by market cap has increased by 0.42%. Bitcoin rose 0.28% and Ether rose almost 1%.
AdEx token is a digital currency created for advertising payment in the AdEx Platform. AdEx refers to a decentralized Ad network that is established on the Ethereum network. AdEx focuses on the entertainment industry and video streaming services and publishers. The goal of AdEx team is to create a new system that can solve the problems of the old digital advertising models. With this platform, advertisers and ad publishers can cooperate directly through a transparent, focused solution.
TTC Protocol (TTC)
TTC Protocol is a decentralized and token-incentivized social networking protocol for the next generation of social platforms. TTC provides a brand new social experience; the platform is completely decentralized. This gives participating individuals a highly rewarding and dynamic user experience.
Kyber Network (KNC)
KyberNetwork is an on-chain protocol which facilitates instantaneous exchange and conversion of digital assets including crypto tokens as well as digital currencies such as Ether, Bitcoin or ZCash with assured liquidity.
Theta Token (THETA)
DSN and the Theta protocol solve various challenges the video streaming industry faces today. Theta tokens are used as an incentive to encourage individual users to share their redundant memory and bandwidth resources as caching nodes for video streams. This improves the quality of stream delivery and solves the “last-mile” delivery problem, the main bottleneck for traditional stream delivery pipelines, especially for high resolution high bitrate 360° virtual reality (VR) streams.