Movers of the Day 28-May-2021

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

Top movers of the day are Velo and Arcblock which has surged 27.24% since 8 pm. Velo has increased by 0.50% and Beam by 0.68%.

The crypto markets finished the day deep in red as illustrated by an adjacent chart showing the NWSBCT Index (Blue Chips) movement over the last 24 hours. 2100NEWS DA Indexes ended between -3.06% and -11.59%. 2100NEWS Digital Assets Total Index (NWST1100) ended -6.93%. Bitcoin ended -6.66%, Ether ended -9.29%.

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

Arcblock (ABT)

Arcblock is a platform and an ecosystem for building and deploying decentralized blockchain applications. The platform goes beyond providing the necessary foundational components for using blockchain to power complex business rules. It connects your existing system to blockchain networks, enabling you to automate business processes using the data and identities associated with existing systems.

Top movers of the day at 20:10 are Velo and Helium which has surged 20.66% since 3 pm. Velo has increased by 0.46%.  The crypto markets went down again. Since 3 pm 2100NEWS DA Indexes have decreased between 0.65% and 4.09%. 2100NEWS Digital Assets Total Index (NWST1100) is 2.39% lower. Bitcoin has fallen by 2.76% and Ether by 3.26%.

Helium (HNT)

Launched in July 2019, Helium is a decentralized wireless network that allows low power smart devices to send and receive data to the internet. Miners earn HNT for providing network coverage and relaying data to the internet using hardware called a Hotspot.

The day’s top movers (at 3 pm) are Apollo Currency and Velo; it has surged by 23.63% since 11 am. The crypto markets have stopped falling. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -3.83% and -8.57%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures the performance of 1100 (by market capitalization) major crypto assets, has plunged 7.77%, Bitcoin 7.34%, and Ether 8.52%.

Velo (VELO)

Velo is a token of Velo, a blockchain-based financial protocol enabling digital credit issuance and borderless asset transfer for businesses using a smart contract system. VELO tokens are utility tokens designed to ensure the settlement of digital credits issued in the ecosystem by being used as smart contract-locked collateral for value transfers. Value for VELO token holders will increase as demand for digital credits grows and transfer volumes increase with the addition of more business partners and end-users. Velo’s core mission is to build a decentralized settlement network that allows its Trusted Partners to securely transfer value among one another in a timely and transparent manner. Velo’s initial focus would be on business partners in the remittance and money transfer spaces in Southeast Asia, followed by the wider Asia Pacific region and beyond.

The day’s top movers (at 11 am) are FC Barcelona Fan Token and Apollo Currency; Theta Fuel has risen by 14.05% since midnight. Resistance to move upward was too strong, so the crypto markets have plummeted. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -8.2% and -12.66%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures the performance of 1100 (by market capitalization) major crypto assets, has plunged 9.12%, Bitcoin 8.09%, and Ether 10.45%.

Theta Fuel (TFUEL)

The Theta Network and protocol aim to solve various challenges the video streaming industry faces today. Theta Fuel is the operational token of the Theta protocol. TFUEL powers on-chain operations like payments to relayers for sharing a video stream or deploying or interacting with smart contracts. Relayers earn TFUEL for every video stream they relay to other users on the network. You can think of Theta Fuel as the “gas” of the protocol. At Mainnet launch on March 15th, TFUEL will be created as a native token on the Theta blockchain.

FC Barcelona Fan Token (BAR) 

FC Barcelona Fan Token is the fan token on Socios – a new app for football fans, where you acquire voting rights to influence the clubs you love. Every club that joins Socios.com generates a supply of Fan Tokens, blockchain-secured digital assets that give you the right to vote on club matters. When you own Fan Tokens, you join a pool of supporters whose collective decision-making power is absolute. As well as voting rights, Fan Tokens serve as your ‘membership card’ to access rewards, merchandise & experiences, including leaderboards, games, and much more.

SKALE Network (SKL)

The SKALE Network is a high-throughput, low-latency, configurable Byzantine fault-tolerant sidechain network for the Ethereum blockchain. EVM compatibility within Elastic Sidechains allows dApp developers to deploy existing Ethereum-based smart contracts directly to them. At the same time, an increased gas limit lifts the computation and storage limitations of the Ethereum mainnet EVM.