Movers of the Day

Written by on July 20, 2019

Tokens and coins that moved the most in the last 24 hours:

To find out based on which criteria have been selected, please read the notes.

Top movers of the day are RChain and IOStoken which has increased by 17.65% in the afternoon. Generally, crypto markets rebounded on the day.  Looking at the table below we can see, that all groups of tokens and coins represented by 2100NEWS DA Indexes are reporting gains between 3.67% and 10.25%. Over the 24 hours period, 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of top 1100 crypto assets by market capitalization has soared by 4.28%, Bitcoin by 3.78%, and Ether even by 5.09%.

RChain RChain (RHOC)

2100NEWS ranking: 323, Small cap, Index member: NWST1100, NWSS300

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. DApps may address areas such as identity, tokens, timestamping, financial services, monetized content delivery, Decentralized Autonomous Organizations (DAOs), exchanges, reputation, private social networks, marketplaces, and many more. The RChain Network implements direct node-to-node communication where each node runs the RChain platform and a set of dApps on the top of it. The heart of an RChain is the Rho Virtual Machine (RhoVM) Execution Environment, which runs multiple RhoVMs that are each executing a smart contract. These execute concurrently are multi-threaded.

IOST IOST (IOST)

2100NEWS ranking: 62, Large-cap Ethereum based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSET100

The open-source IOST project is meant to meet the security and scalability needs of a decentralized economy by providing blockchain infrastructure that might serve as the architecture for the future of online services. Utilizing factors that include IOST token balances, reputation-based token balance, contributions to the network and user behaviors, their so-called “Proof of Believability” consensus algorithm was developed to ensure the security and efficiency of transactions on the network. The team at IOST recognizes that without sufficient scalability, multinational corporations may not be able to deploy blockchains to service their customers at the level expected today. As such, the teams at IOST propose the Internet of Services Token as a means to reach these ends.

 

Top movers of the day at 10 am are SALT and WAX which has increased by 12.73% since midnight. Generally, crypto markets rebounded on the day. Over the 24 hours period 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of top 1100 crypto assets by market capitalization increased by 0.90% and Ether by 1.23%, Bitcoin has decreased by 0.06%.

WAX WAX (WAX)

2100NEWS ranking: 109, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100, NWSDM100

WAX describes itself as a purpose-built blockchain and protocol token designed to make e-commerce transactions faster, easier, and safer for all participants. The WAX Blockchain uses Delegated Proof of Stake (DPoS) as its consensus mechanism and is meant to be fully backward compatible with EOS. The custom features and incentive mechanisms developed by WAX are designed to optimize the blockchain’s usability in e-commerce, and encourage voting on guilds and proposals. WAX claims to have created a suite of blockchain-based tools upon which dApps, marketplaces, and native non-fungible tokens (NFTs) are built. These tools would include services to support e-commerce operations such as an interactive block explorer, wallet, SSO and OAUTH, item creation, an RNG service, interactive item viewers, marketplace creation, and more. The resulting technology represents a blockchain architecture that is reportedly fast (500 millisecond block times), fee-less for customers, less expensive for developers, and leverages voting rewards to incentivize participation in the selection of block producers and proposals.

MobileGo MobileGo (MGO)

Warning: Weak orderbook

GreenPower GreenPower (GRN)

Warning: Weak orderbook

SALT SALT (SALT)

2100NEWS ranking: 295, Mid-cap, Index member: NWST1100, NWSM200

Salt is the token of the SALT lending platform that allows users to collateralize their blockchain assets to get loaned cash.

 

 


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