Movers of the Day 5-Dec-2021

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

Top movers of the day are BABB and Bao Finance. Since morning BABB has surged 59.58%, Bao Finance 36.03%. Stakenet has increased by 26.83%.

During the day the crypto markets were more or less down and most of them (except Bitcoin and Ether) finished the day in red. Today’s crypto market movement is illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. The large caps measured by 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) ended -4.89%. Our main 2100NEWS Digital Assets Total Index (NWST1100) ended -1.59%. On the other hand Bitcoin and Ether finished the day higher: BTC +0.16%, ETH +1.62%.

Please read the notes to find out which criteria movers have been selected.

BABB (BAX)

BABB is the decentralised 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 decentralised payment card. In addition, partnerships with central banks allow for the integration and issuance of other digital currencies around the world, 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).

Top movers of the day are Fusion and SOLVE. Since midnight Fusion has surged 37.43%, SOLVE 42.79%. Measurable Data Token is 20.88% higher.

Today the crypto markets started out at the same levels as yesterday’s closing. In that timethe last 24 hours 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins have increased up to 10.44%. 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 6.35% higher. Bitcoin has increased by 4.87%, Ether even 8.30%.

Fusion (FSN)

Fusion bills itself as an all-inclusive blockchain-based financial platform that offers cross-chain, cross-organization, and cross-data source services through smart contracts. The project uses the Hierarchical Hybrid Consensus Mechanism (HHCM), amalgamating elements from PoW, PoS, and parallel computing to create an efficient and safe platform. Notably, Fusion leverages what it dubs ‘Distributed Control Right Management’ as a security layer protecting crypto assets on the Fusion blockchain. In addition, the distributed storage and sharding of a private key ensures that no single node can gain control of assets. Fusion also provides for multiple triggering modes, such as time and event-based triggers, into its smart contracts, designed to meet the demands of complex financial smart contracts. Fusion is led by Dejun Qian, who also founded BitSE, a blockchain incubator that facilitated the rise of VeChain and QTUM.

SOLVE (SOLVE)

Solve.Care is a healthcare IT company that builds blockchain platforms that the team believes may improve healthcare delivery and management of the Solve.Care platform reportedly uses blockchain technology as the underlying distributed ledger for coordinating care, benefits, and payments between all parties in the chain of healthcare: patients, doctors, pharmacies, laboratories, employers, insurers, and others. SOLVE tokens may be used to secure efficient and transparent healthcare administration around the world. The token supply is fixed, and the price variable, as determined by market supply and demand. SOLVE token runs natively on the Ethereum blockchain and is designed to follow the ERC20 token standard. SOLVE utility tokens are the currency used for transactions on the platform. According to the foundation, they can be utilized to pay Care Administration Network fees and establish Care.Wallets, purchase Care.Cards and participate in Care.Marketplace services as well as pay for associated integration fees. In addition, SOLVE is reportedly used for the emission of Care.Coins and payments requiring Care.Coins.

Measurable Data Token (MDT) 

Measurable Data Token is a crypto token for a decentralized data exchange ecosystem. MDT connects data providers, users, and data buyers, and denominates the data’s value when exchanged. MDT enables a more efficient, transparent and honest market for data trading.