Movers of the Day 19-May-2021

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

Top movers of the day are Aergo and TrueFi; it has soared 30.94% since 8 pm.

As illustrated by an adjacent chart showing the NWSBCT Index (Blue Chips) movement over the last 24 hours, the crypto markets have consolidated. At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) major crypto assets’ performance, plunged 20.31%, Bitcoin 9.47%, and Ether 22.92%.

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

TrueFi (TRU)

TrueFi is the native utility token of TrueFi. The protocol for uncollateralized lending launched by TrustToken built the world’s just trusted stablecoins, most notably TUSD backed 1:1 with live on-chain Proof of Reserve. TRU plays an important role in approving new loans, borrowers, and governance motions on the TrueFi protocol, guiding the direction of the platform at all levels. As the TrueFi protocol continues to decentralize, holders of TRU are increasingly acting as the steering committee of the TrueFi protocol.

Top movers of the day at 20:10 are UNUS SED LEO and Ubiq. Since 4 pm, UNUS SED LEO has surged 16.91% and Ubiq 10.38%. Aergo has increased by 6.37%. In the afternoon, the crypto markets consolidated. In that period, 2100NEWS DA Indexes have dropped between 15.71% and 27.45%. 2100NEWS Digital Assets Total Index (NWST1100) is lower. Bitcoin has fallen by 12.08% and Ether by 22.80%.

UNUS SED LEO (LEO)

iFinex Inc. (iFinex), a privately-held financial technology company incorporated in the British Virgin Islands, operates virtual currency trading platforms under the business name Bitfinex and provides numerous other cryptocurrency and cryptoasset-related products and services.

The top movers of the day (at 4 pm) are CyberMiles and Polygon; it has fallen 16.00% since 11 am. The crypto markets made a 20% spike down. Bitcoin sank below $30K for a while. The table below shows the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between 18.59% and 33.12% on the day (the biggest this year). Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) major crypto assets’ performance, has plummeted 27.3%, Bitcoin 16.19%, and Ether 23.37%.

Polygon (MATIC)

Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. Aggregating scalable solutions on Ethereum supporting a multi-chain Ethereum ecosystem. Matic Network is a commit-chain-based scaling solution for public blockchains. It is based on an adapted implementation of the Plasma framework. Matic provides scalability while ensuring a superior user experience in a secured and decentralized manner. It has a working implementation for Ethereum on Kovan Testnet. Matic intends to support other blockchains in the future, which will enable it to provide interoperability features alongside offering scalability to existing public blockchains.

The top movers of the day (at 11 am) are CyberMiles and Steem Dollars; it has soared 79.06% since midnight. The crypto markets made a new massive step-down. Bitcoin has tested the bearish border (200–Day EMA). On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between 7.35% and 11.22%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) major crypto assets’ performance, has plummeted 11.56%, Bitcoin 10.30%, and Ether even 14.50%.

Steem Dollars (SBD)

Steem is a social blockchain that grows communities and makes immediate revenue streams possible for users by rewarding them for sharing content. It’s currently the only blockchain that can power real applications via social apps like Steemit.

CyberMiles (CMT)

CyberMiles is the blockchain technology developed by 5xlab, a blockchain development laboratory. 5xlab is working closely with 5miles, a leading c2c (consumer-to-consumer) marketplace operator with more than 12 million users in the US. 5miles is expected to be the first platform to utilize CyberMiles’ blockchain protocol and will also assist 5xlab in developing the technology. Over the last three years of leading innovation in online & local marketplaces, 5miles has accumulated the necessary technical and commercial know-how to tailor blockchain technology & smart contracts for real-world applications. 5xlab seeks to use this expertise to develop CyberMiles, focusing on trust and compliance, thus enabling it to be a mainstream blockchain technology for real-world businesses.