Movers of the Day 2-Dec-2021

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

The day’s top movers are GXChain and NULS. Beam has soared 35.87% since 7 pm.

As illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the past 24 hours, the crypto markets have trended sideways.  Since 2 pm, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported gains between 0.08% and 2.20%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen by 0.05%, Ether 0.33%, and Bitcoin by 0.34%.

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

Beam (BEAM)

Beam is a cryptocurrency that emphasizes privacy and anonymity with Mimblewimble implementation. Without address information stored on the blockchain and keeping transactions private by default, Beam is meant to give control over privacy to users and scalability in its compact design. Having no premine or ICO, Beam is backed by a Treasury and designated a non-profit foundation to govern the protocol.

In the afternoon, the crypto markets came into a sideways channel. Top movers of the day at 19:10 are GXChain and NULS. Since 2 pm, GXChain has soared 108.84%, NULS even 118.41%. Sologenic has increased by 5.37%. Over the past 24 hours, 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins, have fallen between 0.45% and 4.42%. 2100NEWS Digital Assets Total Index (NWST1100) is 2.88% lower. Bitcoin has decreased by 2.77%, Ether by 4.10%.

NULS (NULS)

Nuls is a worldwide peer-to-peer blockchain open-source project designed to be a highly customizable modular blockchain infrastructure. NULS have two parts called microkernel and functional modules. Nuls has smart contracts, a multi-chain mechanism and is created on a cross-chain consensus. NULS strives to surpass the technical barriers of the blockchain, to lower the cost of development, and bring the application of blockchain technology to commercial usage.

The crypto markets stopped falling. The day’s top movers (at 2 pm) are Biconomy and BABB. GXChain has soared 61.96% since 9 am.  At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has dropped by 1.64%, Ether even 2.97%, and Bitcoin by 1.09%.

GXChain (GXC)

GXChain bills itself as a blockchain for the global data economy, designed to build a trusted data internet of value’. Leveraging the DPoS-based Graphene as the underlying architecture, GXChain’s functionality includes G-ID, GVM, BaaS, and Blockcity, which reportedly streamlines application development. Blockcity, the GXChain-based DApp, reportedly has more than 2M verified users and provides data for other DApps and strategic partners. GXChain launched a decentralized data marketplace that reportedly serves hundreds of Chinese enterprises. The GXChain team launched its mainnet in June 2017.

The crypto markets fell. The day’s top movers (at 9 am) are Sologenic and BABB, soaring 62.77% since midnight. Over the past 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen by 2.14%, Ether even 4.25%, and Bitcoin by 0.56%.

BABB (BAX)

BABB is the decentralized bank for the microeconomy, providing individuals and businesses with a UK bank account powered by blockchain technology. The account is managed via a smartphone app and provides access to a decentralized payment card. In addition, partnerships with central banks allow for the integration and issuance of other digital currencies worldwide, further stimulating local micro-economies and expanding the reach of the BABB solution and its underlying BAX token. BABB is already an FCA Authorised Payment Institution (API).

Sologenic (SOLO)

Sologenic is merging traditional finance with blockchain. The Sologenic ecosystem aims to make it effortless for crypto investors to exchange assets and invest in different conventional financial instruments. The ecosystem aims to eliminate entry barriers for individual and institutional crypto investors. Sologenic allows them to trade non-blockchain asset classes, such as stocks, ETFs, and commodities, with one cryptocurrency, SOLO. SOLO holders have access to many stocks from more than 30 global exchanges in North America, Europe, Asia, and Oceania. SOLO will enable people worldwide to buy and sell stock in their favorite companies without the need for traditional brokerages. Sologenic generates stablecoins backed by 1:1 with real-world assets. Each stablecoin represents the ownership of real-world assets. Once tokenized, the asset issued on the blockchain is denominated with the suffix Ƨ; for example, a tokenized asset of TSLA is represented as TSLAƨ.

Request (REQ)

RequestNetwork is a decentralized network that enables anyone to request a payment securely. All of the information regarding the payment process is stored in a decentralized authentic ledger. Thanks to distributed blockchain technology, this process is cheaper, easier, and more secure and allows for a wide range of automation.