Movers of the Day
Written by Indira on February 17, 2019
Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are Ark and Vertcoin which has soared by 105.38%. Looking at the table below we can see that all groups of tokens and coins represented by 2100NEWS DA Indexes are green. Today 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of top 1100 crypto assets by market capitalization has increased by 1.35%, Bitcoin by 0.41%, Ether has soared by 7.97%.
|2100NEWS ranking: 66, Large cap, Index member: NWST1100, NWSL100, NWSCo100, NWSDM100|
ARK is a project that offers a suite of tools to create an ecosystem of interoperable blockchains. Using the Delegated Proof-of-Stake (DPoS) consensus algorithm, ARK’s network is secured by delegates, who are appointed by ARK token holders through voting. ARK is also able to connect to external blockchains through the use of ‘SmartBridges’.
Top movers of the day are Vertcoin and Storj. Since midnight Vertcoin has surged 96.44%. Most tokens and coins started the day slightly higher. Since midnight 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of top 1100 crypto assets by market capitalization has increased by 0.28%. Bitcoin has increased by 0.14%, Ether has increased by 0.64%.
|2100NEWS ranking: 169, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100, NWSDM100|
Vertcoin is not only a virtual currency but also a software project. Besides Bitcoin-like blockchain currency, Vertcoin has other features like ASIC resistant Proof-of-work (PoW) function and Stealth Address technology. The feature that makes Vertcoin differ from Bitcoin is the latter’s resistance to centralized mining and the long-term commitment of Vertcoin creators to keep it that way.
|2100NEWS ranking: 136, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100|
Storj (pronounced: storage) aims to become a cloud storage platform that can’t be censored, monitored, or have downtime. It is the first decentralized, end-to-end encrypted cloud storage platform.
|2100NEWS ranking: 125, Mid-cap Non Ethereum based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSOT50, NWSDM100|
GAS is a virtual currency which represents the right to use the blockchain. This coin is used to make payment for various systems on the blockchain. There are two built-in system assets, which are NEO and GAS. While NEO is described as the ownership of the blockchain, which is used for electoral accounting to obtain GAS dividends, GAS powers all transactions on the NEO system, similar to ETH does with Ethereum. However, NEO is a vital factor for mining/staking which accrues GAS. In other words, if users own NEO, they will get GAS.