Movers of the Day 8-Sep-2021

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

The day’s top movers are Propy and Hegic, soaring 44.07% since 7 pm.

The crypto markets have consolidated, as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 major (by market capitalization) crypto assets’ performance, has risen by 1.51%, Ether even 3.49%, while Bitcoin has fallen by 0.57%.

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

Hegic (HEGIC)

Hegic is a protocol for trustless creating, maintaining, and settling hedge contracts. Hedge contract is an option*-like an on-chain contract that gives the holder (buyer) a right to buy or to sell an asset at a certain price (strike) as well as imposes the obligation on the writer (seller) to buy or to sell an asset during a certain period. It can be useful for the market participants who want to protect their assets from the price downside and for the liquidity providers who might find the returns on writing hedge contracts attractive enough to allocate some of their capital on the liquidity pool contract.

The top movers of the day at 19:10 are Propy and Plasma Finance. Since 2 pm Propy has surged 17.03% and Plasma Finance 13.65%. Permission Coin is 12.46% higher. In the afternoon, the crypto markets came into the sideways channel. Since morning (9 am), 2100NEWS DA Indexes have increased up to 8.23%. 2100NEWS Digital Assets Total Index (NWST1100) is 5.03% higher. Bitcoin has increased by 2.74% and Ether by 5.57%.

Propy (PRO)

Propy Utility Token was created to promote simple integration in users’ wallets. When a user buys a property, a small percentage (about 0.2% to 1% on average) of the final buying price is charged for Propy. Coins paid for writing data to the Propy Registry are saved in the Ethereum blockchain’s particular Rewards smart contract. The total amount of coins are distributed to the coin owners, equivalent to the PRO holders. The bonuses agreement snaps a picture of coin dispensation monthly and issues quarterly bonuses based on that picture, which is saved in the blockchain. In this way, all users can check whether those rewards were allocated accurately.

The day’s top movers (at 2 pm) are dForce and NEAR Protocol. Hegic has soared 94.11% since 9 am. The crypto markets have rebounded. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported gains up to 3.39%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) major crypto assets’ performance, has plunged by 10.22%, Bitcoin 8.84%, and Ether by 9.01%.

The day’s top movers (at 9 am) are VIDT Datalink and IDEX, soaring 40.66% since midnight; it has soared 1169% in September. The crypto markets plummeted and have consolidated.

The Crypto market’s breadth chart on the right shows that the markets ended the rally, which had started on 20th July. The consolidation could last one month. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -1.85% and -4.22%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 major (by market capitalization) crypto assets’ performance, has plunged by 16.59%, Bitcoin 13.76%, and Ether by 15.22%.

IDEX (IDEX)

IDEX is the first Ethereum based decentralized smart contract exchange for supporting real-time trading and high transaction throughput. IDEX is the most advanced Ethereum DEX, supporting limit and market orders, gas-free cancels, and the ability to fill many trades at once.

VIDT Datalink (VIDT)

VIDT Datalink is a blockchain-powered data validation platform. VIDT Datalink enables organizations to protect their digital data against fraud and manipulation. A simple but strong formula that adds and protects value at minimum expense and effort. Organizations like Nyenrode, AmSpec, and IBM use VIDT Datalink to certify and secure digital documents like certificates, invoices, diplomas, and sensor data.

dForce (DF)

DF is the platform utility token of the dForce network, an integrated and interoperable DeFi platform. It will be used for transaction services, community governance, system stabilizer, incentivization, and validator deposits.