Movers of the Day 7-Nov-2021

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

Top movers of the day are Hathor and AirSwap which has surged 34.63% since morning. Hathor has increased by 9.71%.

The crypto markets finished the day in green as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS DA Indexes ended between +1.72% and +4.24% (NWSOT50). Our main 2100NEWS Digital Assets Total Index (NWST1100) ended 2.17%. Bitcoin ended +2.30%, Ether ended +2.33%.

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

AirSwap (AST)

AirSwap is a decentralized token exchange based on the Swap protocol whitepaper. Swap provides a decentralized trading solution based on a peer-to-peer design. The design solves two problems encountered in a peer-to-peer trading environment: counterparty discovery and pricing suggestions. AirSwap core services include a searchable index of traders with “intent to trade” and a pricing oracle. For those looking to trade ERC20 tokens, the Index will be a destination to advertise that you’d like to trade and to search for others looking to trade. Once matched, traders connect and interact directly. To assist with the pricing process, the Oracle provides pricing suggestions, generated from multiple data sources. Once agreed on the price, one trader makes an order and the second takes and submits the order to an Ethereum smart contract for settlement.

Top movers of the day are Populous and Flux. Since midnight Populous has surged 54.18% and Flux 48.68%. Kadena is 27.84% higher.

The crypto markets moved higher again. Since midnight 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins have increased between 0.07% and 1.54% (NWSOT50). 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 0.82% higher. Bitcoin has increased by 0.75% and Ether by 0.63%.

Populous (PPT)

The idea behind Populous is to allow enterprise owners the opportunity for liquidity on invoices for durations up to 90 days using a peer-to-peer invoice financing platform. According to technical documents, the platform connects invoice sellers directly to buyers granting expedited access to funds for the sellers offering their invoices at a discount. Appropriate discounts may be applied based on mathematical ratios that assess risk factors such as profitability, leverage, solvency, and activity as variables that could predict the likelihood of bankruptcy. In this arrangement, invoice buyers intending to take advantage of these discounts by transacting using the native Ethereum-based PPT tokens on the platform would receive the amount previously agreed upon once invoices are paid by the debtor.

Flux (FLUX)

Flux is the new generation of scalable decentralized cloud infrastructure. Simply develop, manage, and spawn your applications on multiple servers at once—Ready for Web 3.0, Dapps, and more. The Flux Ecosystem is a fully operational suite of decentralized computing services and blockchain-as-a-service solutions which offer an interoperable, decentralized, AWS-like development environment. The Ecosystem consists of the following components, all fully deployed and operational: Flux, a native GPU mineable POW (Proof of Work) coin providing incentive for hardware hosters, XDAO governance on-chain, and lousy actor mitigation via staking requirements for running hardware.

Kadena (KDA)

Kadena’s hybrid blockchain platform consists of a public blockchain, a permissioned network, and the Pact smart contract language.