Movers of the Day 27-Oct-2021

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

The day’s top movers are SHIBA INU and 1inch Network. Origin Trail has risen by 13.69% since 7 pm.

As is illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the past 24 hours, the crypto markets ended deep in the red. At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 major (by market capitalization) crypto assets’ performance, has plunged by 4.56%, Bitcoin 3.87%, and Ether even by 5.46%.

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

OriginTrail (TRAC)

OriginTrail is an ecosystem dedicated to making supply chains work – through championing standards supporting a universal data exchange (interoperability), connecting rather than replacing legacy IT systems (interconnectivity), and ensuring data immutability by utilizing the blockchain technology (integrity).

The top movers of the day at 19:10 are SHIBA INU and SUKU. Since 2 pm, SHIBA INU has surged 20.05% and SUKU 9.77%. 1inch Network is 5.61% lower. After the significant fall, the crypto markets came into the sideways channel in the afternoon. In the last 24 hours 2100NEWS DA Indexes have dropped between 0.65% and 7.92%. 2100NEWS Digital Assets Total Index (NWST1100) has fallen by 5.21%. Bitcoin and Ether have fallen more than 4%: BTC -4.97%, ETH -4.21%.

SHIBA INU (SHIB)

SHIB is an experiment in decentralized spontaneous community building. SHIB token is our first token and allows users to hold Billions or even Trillions of them.  Nicknamed the DOGECOIN KILLER, this ERC-20 ONLY token can remain well under a penny and still outpace Dogecoin in a small amount of time (relatively speaking).

The day’s top movers (at 2 pm) are  SUKU and 1inch Network, rising by 8.31% since 9 am. 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 -4.07% and -8.71%. 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 6.83 %, Ether 5.09%, and Bitcoin by 6.57%.

1inch (1INCH)

1inch is a governance and utility token used to govern all 1inch Network protocols, taking governance in the DeFi space to a new level. 1inch is a decentralized exchange (DEX) aggregator, connecting several DEXes into one platform to allow users to find the most efficient swapping routes across all platforms. For a user to find the best price for a swap, they need to look at every exchange — DEX aggregators eliminate the need for manually checking, bringing efficiency to swapping on DEXs. DEX aggregators work by sourcing liquidity from different DExs, meaning that they can offer users better token swap rates than they could find on any single DEX in the shortest time possible.

The crypto markets have plummeted. The day’s top movers (at 9 am) are  1inch Network and Mask Network, soaring 60.79% since midnight. Over the past 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 major (by market capitalization) crypto assets’ performance, has dropped by 0.97%, Bitcoin even 2.69%.

Mask Network (MASK)

Mask Network is a protocol that allows its users to send encrypted messages over Twitter and Facebook. It essentially acts as a bridge between the internet and a decentralized network running on top.