Movers of the Day 25-Sep-2021

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

Top movers of the day are LTO Network and Cardstack. Since 9 am LTO Network has increased by 15.90% and Cardstack by 7.23%. Nash is 2.34% higher.

The crypto markets finished the day in red as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins ended between -0.80% and -3.01%. Our main 2100NEWS Digital Assets Total Index (NWST1100) ended -1.51%. Bitcoin ended -0.50%, Ether ended -1.43%.

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

LTO Network (LTO)

LTO Network is a blockchain platform enabling B2B to collaborate on equal footing by using trustless processes: essentially any business process (BPM) or legal agreement can be automated via Live Contracts (extended deterministic Finite State Machines). LTO infrastructure combines miniature ad-hoc permissionless private chains and a permissionless public chain – as well as the developer toolkit to interact with them.

Top movers of the day are PowerPool and dForce which has surged 21.64% since midnight. PowerPool has increased by 10.68% and ARMOR by 4.31%.

Most tokens and coins moved slightly lower this morning. Since midnight the Blue Chips measured by 2100NEWS Digital Assets 30 Blue Chip Index (NWS30) have decreased by 0.31%. Their movement can be seen on the adjacent NWSBCT chart over the past 24 hours. The mid caps represented by 2100NEWS Digital Assets 200 Mid Cap Index (NWSM200) are 0.58% lower. 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization has decreased by 0.36% , Bitcoin as well. Ether has fallen by 0.88%.

PowerPool (CVP)

The PowerPool is a protocol for pooling governance tokens (GTs), such as COMP, BAL, LEND, YFI, BZRX, AKRO, and many others. The minority token holders can extract minimal utility from such tokens for two reasons: (1) they cannot influence the votes; (2) the significant share of such tokens doesn’t provide any income. As a result, the fundamental value of such tokens for the minority holder is close to zero, and protocols face voters’ apathy problem. PowerPool allows the token holders to lend, pool, borrow governance tokens, get income from them, and accumulate governance power in protocols based on Ethereum. The Power Pool’s mission is to expand the utility of governance tokens to the end-users and provide new coordination for decision-making in the Defi ecosystem.

ARMOR (ARMOR)

Armor is a decentralized brokerage for cover underwritten by Nexus Mutual’s blockchain-based insurance alternative.

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.