Movers of the Day
Written by Branko on July 7, 2019
Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are Populous and Davinci Coin which has surged by 24.01% in the afternoon. At the same time, ICON has increased by 17.41%. Looking at the table below we can see that the crypto markets moved up, 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins have increased up to 3.38%. In the last 24 hours, 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of top 1100 crypto assets by market capitalization has surged by 2.93%, Bitcoin by 2.47% and Ether has soared by 6.28%.
|2100NEWS ranking: 63, Large cap, Index member: NWST1100, NWSL100, NWSCo100|
Lead by the Seoul-based ICONLOOP (formerly theloop), ICON (ICX) aspires to build a decentralized network that allows different blockchains to transact with one another. The project’s goal is to unify the balkanized blockchain ecosystem through its protocol and community-building initiatives. Potential use cases for ICX include transactions involving securities, currencies, loans, intellectual property, and personal authentication.
Top movers of the day at 9 am are Origo Network and BOMB which has surged by 20.56% since midnight. At the same time, Populous has jumped by 29.42%. The crypto markets continued consolidation, 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins have increased up to 1.05%. In the last 24 hours, 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of top 1100 crypto assets by market capitalization has decreased by 0.84%, Bitcoin by 1.74% and Ether by 1.35%.
|2100NEWS ranking: 412, Small cap, Index member: NWST1100, NWSS300|
Origo describes itself as the scalable privacy preserving platform for decentralized applications.
Trading of $OGO will start at 22:00 (GMT+8).
— HuobiGlobal (@HuobiGlobal) July 4, 2019
|2100NEWS ranking: 179, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100|
The idea behind Populous is to allow enterprise owners the opportunity for liquidity on invoices for durations up to 90 days using a peer-to-peer invoice financing platform. According to technical documents, the platform connects invoice sellers directly to buyers granting expedited access to funds for the sellers offering their invoices at a discount to buyers. Appropriate discounts may be applied based on mathematical ratios that assess risk factors such as profitability, leverage, solvency, and activity as variables that could predict the likelihood of bankruptcy. In this arrangement, invoice buyers intending to take advantage of these discounts by transacting using the native Ethereum-based PPT tokens on the platform would receive the amount previously agreed upon once invoices are paid by the debtor.