Movers of the Day 26-Oct-2021

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

Top movers of the day are Cashaa and Zelwin. Since 7 pm Cashaa has soared 49.94% and Zelwin 42.68%. Bloktopia is 4.59% lower.

The tokens built on Ethereum finished the day in green: 2100NEWS DA Ethereum Based Index (NWSET100) +2.15%. Their movement can be seen on the adjacent NWSET chart over the past 24 hours. On the other hand 2100NEWS Digital Assets Total Index (NWST1100) ended -0.84%. Bitcoin ended -3.24% while Ether ended +0.41%.

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

Cashaa (CAS)

Crypto-related businesses are underserved by banks. Cashaa’s goal is to create a hassle-free banking experience for the IEO, ICO, STO, exchanges, wallets, and brokers.

Top movers of the day at 19:10 are Bloktopia and Phantasma. Since 2 pm Bloktopia has surged 20.94% and Phantasma 11.21%. Tidal Finance has increased by 3.29%. Generally, the crypto markets are lower. Since 2 pm 2100NEWS DA Indexes have decreased between 0.12% and 1.20%. 2100NEWS Digital Assets Total Index (NWST1100) is 0.92% lower. Bitcoin has fallen by 1.21% and Ether by 1.18%.

Bloktopia (BLOK)

Bloktopia is a Skyscraper made up of 21 levels to pay recognition to 21 million Bitcoin. Token holders will be known as Bloktopians. It will act as a central hub and welcome all levels of crypto experience. For the first time ever, users will have access to crypto information and immersive content all in one place. Bloktopians will be able to earn revenue through real estate ownership, advertising revenue, play games, build networks and much more. By using the world’s most advanced real time 3D Creation Engine, Bloktopia will leverage this technology to create stunning visualisations and user experience.

The day’s top movers (at 2 pm) are  Hoge Finance and Frax Share. Metahero has soared 30.35% since 9 am. Ethereum Tokens have continued rising. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported gains between 0.13% and 3.37%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 major (by market capitalization) crypto assets’ performance, has risen by 1.47 %, Ether 2.03%, while Bitcoin has decreased by 0.02%.

Metahero (HERO)

Metahero brings to the market 3D scanning and modeling technology that generates ultra-realistic 3D avatars and virtual items to be used across games, VR, social media, and online fashion. The tech also allows for the creation of NFTs from real-world works of art and collectibles. It has partnered with the world leader in 3D scanning: Wolf Studio. Their cutting-edge technology was extensively tested and used by big industry names; CD Projekt recently created characters for their hot new release, CyberPunk 2077. Methahero is merging this powerful tech with a marketplace and a novel deflationary token-based ecosystem to offer users, gamers, artists, and entrepreneurs direct access to virtual opportunities of the future.

Ethereum Tokens have risen.  The day’s top movers (at 9 am) are  Hoge Finance and Frax Share, soaring 40.00% since midnight. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 major (by market capitalization) crypto assets’ performance, has risen by 1.52 %, Ether 1.69%, and Bitcoin by 0.65%.

Frax Share (FXS)

The Frax Protocol is the first fractional-algorithmic stablecoin system. Frax is open-source, permissionless, and entirely on-chain – currently implemented on Ethereum (with possible cross-chain implementations in the future). The end goal of the Frax protocol is to provide highly scalable, decentralized, algorithmic money in place of fixed-supply digital assets like BTC. The protocol incorporates the following concepts: Fractional-Algorithmic – Frax is a unique stablecoin with parts of its supply backed by collateral and parts of the supply algorithmic. The ratio of collateralized and algorithmic depends on the market’s pricing of the FRAX stablecoin. If FRAX is trading at above $1, the protocol decreases the collateral ratio. If FRAX is trading at under $1, the protocol increases the collateral ratio. Frax Shares (FXS) is the governance token that accrues fees, seigniorage revenue, and excess collateral value.

Hoge Finance (HOGE)

HOGE is a deflationary cryptocurrency. Every time a transaction occurs with HOGE, 2% of that transaction is distributed and removed (i.e., “burned”) from the total supply. This increases the scarcity of every HOGE coin in circulation. This means that every time HOGE is used, the value of the remaining HOGE tokens in circulation increases by simultaneously decreasing the supply (deflation) while distributing HOGE to everyone using the token. As a result of this, every HOGE holder has an incentive to spread the use of HOGE as much as possible as more transactions take place on the network, the individual net-worth of all who own a piece of the network increases as well.