Movers of the Day 23-August

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

Top movers of the day are Leverj and Effect.AI which has soared 24.52% since 11 am. Leverj has increased by 8.55% and Cosmos by 11.54%.

During the day the crypto markets went up but finished mixed. The coins measured by 2100NEWS DA Coin Index (NWSCo100) ended +0.64%. Their movement can be seen on the adjacent NWSCOT chart over the past 24 hours. On the other hand the tokens built on Ethereum represented by 2100NEWS DA Ethereum Based Index (NWSET100) ended -0.61%. Our main 2100NEWS Digital Assets Total Index (NWST1100) ended +0.16%. Bitcoin and Ether ended the day slightly higher: BTC +0.11%, ETH +0.02%.

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


Effect.AIEffect.AI (EFX)

2100NEWS ranking: 517, Small cap Non Ethereum based Token, Index member: NWST1100, NWSS300, NWSOT50
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 4.6, (Average for Non Ethereum based Tokens: 8.2)

Effect.AI is a Dutch project founded in 2017 with the aim to decentralize AI development. The goal of the company is to make AI development accessible and affordable to everyone. This is done by the creation of The Effect Network. The Effect Network is an inclusive network that incentivizes participation and collaboration in AI development around the world. It is an open protocol that is built on blockchain technology. The Network consists of AI-related dApps that are connected to the same Smart Contract stack. The Smart Contracts that make up The Effect Network include the EFX token, a staking and governance model, and several user directories. Effect.AI is building three initial decentralized applications for the development of AI: Effect Force, Effect Smart Market, and Effect Power. Developers can tap into the resources available through these dApps, such as a global directory of workers, AI services, and compute resources. The Effect Network is powered by the EFX utility token.


Top movers of the day are Kcash and SingularityNET which has surged 22.66% since midnight. Kcash has increased by 13.62% and Cosmos by 14.93%.

The crypto markets moved lower today. Since midnight the large caps measured by 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) have fallen by 1.01%. The small caps represented by 2100NEWS Digital Assets 300 SmallCap Index (NWSS300) have decreased by 0.53%. 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the top 1100 crypto assets by market capitalization is 0.73%. Bitcoin and Ether are also lower: BTC -0.59%, ETH -0.76%.


KcashKcash (KCASH)

2100NEWS ranking: 472, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 12.8, (Average for Small caps: 6.8)

Kcash is a crypto currency wallet which facilitates the transaction and consumption of digital currency in real world and aims at resolving the inconvenience of managing a variety of crypto currency, multifarious trading process and the problem of insufficient application scenario. Kcash provides a powerful infrastructure for cryptocurrency development which also promotes the application and evolution of the cryptocurrency industry. Kcash provides a security and swift, decentralized one-stop solution when supporting various blockchain asset management. Users are able to store, manage and exchange BTS, ETH and some other mainstream crypto currency with integrated management, in which way can totally self-control personal crypto currency and make the application and management of crypto currency more flexible and agile.


SingularityNETSingularityNET (AGI)

2100NEWS ranking: 179, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSET100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 15, (Average for Ethereum based Tokens: 13.3)

SingularityNET is the protocol specifically designed to solve these problems while opening the AI market to the entire world. SingularityNET enables AI-as-a-service on a permissionless platform, so that anyone can use AI services easily.


CosmosCosmos (ATOM)

2100NEWS ranking: 21, Blue chip, Index member: NWST1100, NWSL100, NWS30, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 22, (Average for Blue chips: 22.6)

Cosmos is a decentralized network of independent parallel blockchains, each powered by BFT consensus algorithms like Tendermint consensus. In other words, Cosmos is an ecosystem of blockchains that can scale and interoperate with each other. Before Cosmos, blockchains were siloed and unable to communicate with each other. They were hard to build and could only handle a small amount of transactions per second. Cosmos solves these problems with a new technical vision. The first Hub launched in the Cosmos Network is the Cosmos Hub. The Cosmos Hub is a public Proof-of-Stake blockchain whose native staking token is called the ATOM (Symbol: ATOM), and where transactions fees will be payable in multiple tokens.


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