Movers of the Day
Written by Branko on May 11, 2019
Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are doc.com Token and RChain which has soared by 33.86% in the afternoon. Generally, since the morning crypto market has experienced a rally led by BTC and ETH, turning the sentiment positive across the entire crypto space. All groups of tokens and coins represented by 2100NEWS DA Indexes rose up to 14%. Coins were the best performing group. Today 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of top 1100 crypto assets by market capitalization, has soared by 10.89%, Ether even by 14.11% and Bitcoin by 10.08%.
|2100NEWS ranking: 224, Mid-cap, Index member: NWST1100, NWSM200, NWSDM100|
The open-source RChain project is building a decentralized, economic, censorship-resistant, public compute infrastructure and blockchain. It will host and execute programs popularly referred to as “smart contracts.” It will be trustworthy, scalable, concurrent, with proof-of-stake consensus and content delivery. Using smart contracts, a broad array of fully-scalable decentralized applications (dApps) can be built on the top of this platform.
Top movers of the day at 11:30 are MixMarvel and High Performance Blockchain which has surged by 10.37% since midnight. In the same time, Scroll has soared by 29.58%. Generally, since the morning we have observed a very strong rally caused by Bitcoin and Ether. Looking at the table below we can see that all groups of tokens and coins represented by 2100NEWS DA Indexes rose. Today 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of top 1100 crypto assets by market capitalization, has soared by 5.95%, Ether by 6.78% and Bitcoin by 6.19%.
Ripio Credit Network(RCN)
|2100NEWS ranking: 187, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100, NWSDM100|
Ripio Credit Network is a protocol based on smart contracts and blockchain technology, which brings enhanced transparency and reliability in credit and lending. The protocol enables connections between lenders and borrowers located anywhere in the world, regardless of currency. By reducing the traditional banking brokerage costs and management fees, RCN aims to allow better conditions for both sides, creating a better credit alternative than anything available today. By including an intermediary agent (the “Cosigner”), the RCN seeks to neutralize the lender’s credit risk and, in case of a default, provide an alternative mechanism for managing the debt collection in the borrower’s country of residence.
High Performance Blockchain (HPB)
|2100NEWS ranking: 164, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100|
The High-Performance Blockchain project seeks to address the problem of scalability from both the software and hardware aspect of things. HPB combines a customized hardware Blockchain Offload Engine (BOE) with high-performance blockchain software. The addition of a hardware-based BOE, allows for high transaction speed and extremely low latency. The team claims that ‘there is no compromise in terms of security and decentralization, as the Node network verifies transactions worldwide and is comprised of a dual election mechanism combining the best aspects of voting and delegation’.
|2100NEWS ranking: 248, Mid-cap, Index member: NWST1100, NWSM200, NWSDM100|
SCRL is a data transaction token that operates the Scroll Network, a series of distributed ledger networks that enable consumers and common enterprise to store, track and share data in a transparent, immutable way. The Scroll Project had started development in 2017 and was later released in late 2018 as a solution to data security concerns that exist today.