Movers of the Day 14-Dec-2021

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

Top movers of the day are Wrapped NXM and Router Protocol. Since 7 pm Wrapped NXM has increased by 1.59%, Router Protocol 1.32%.

In the evening the crypto markets went up signiificantly to finish the day in green. 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 coins represented by 2100NEWS DA Coin Index (NWSCo100) ended +1.53%. 2100NEWS Digital Assets Total Index (NWST1100) ended +0.72%. Bitcoin ended +1.22%, Ether ended +0.32%.

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

Wrapped NXM (WNXM)

Nexus Mutual is a decentralised alternative to insurance. They have used blockchain technology to create a mutual (a risk sharing pool) to return the power of insurance to the people. The platform is built on the Ethereum public chain. It allows anyone to become a member and buy cover. It replaces the idea of a traditional insurance company, because it is wholly owned by the members. The model encourages engagement as members will get economic incentives for participating in Risk Assessment, Claims Assessment and Governance.

Top movers of the day at 19:10 are Wrapped NXM and LUKSO. Since 2 pm Wrapped NXM has increased by 9.94%, LUKSO 8.92%. HEX is 5.15% higher. In the afternoon most cryptocurrencies were down. Since 2 pm the large caps measured by 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) have decreased by 0.27%. 2100NEWS Digital Assets Total Index (NWST1100) is 0.61% lower. Bitcoin has fallen by 0.98%, Ether by 0.47%.

LUKSO (LYXE)

LUKSO, the Blockchain for the new digital lifestyle is created by former Ethereum Developer Fabian Vogelsteller, author of ERC20 and ERC725, developer of web3.js and the Mist Browser. LUKSO is a multiverse blockchain network where the worlds of fashion, gaming, design and social media intersect. LUSKO focuses on bringing Blockchain to the masses, through its smart contract based blockchain, industry-involving standards processes and an innovative new direction of decentralized applications.

The day’s top movers (at 2 pm) are PowerPool and CUDOS, rising by 6.7% since 9 am. The crypto markets have rebounded. Since 9 am, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported gains between 0.16% and 2.39%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has plunged by 4.07%,  Bitcoin 3.14%, and Ether even by 4.94%.

CUDOS (CUDOS)

Cudos is a staking and computing token engineered to power the CUDOS network and transfer part of the value generated on the Cudo network to users who stake CUDOS. The CUDOS token is a qualification, discount, and staking token. As a discount token, it is used to transact and stake in the CUDOS network and to transfer part of the value generated on the Cudo network to users who stake CUDOS. CUDOS can also be kept, shared, or donated to charity. In the CUDOS network, the key functions of the token are: 1) Staking 2,000,000 CUDOS to become a CUDOS Validator Node and get rewards; 2) Delegated staking to support other CVNs; 3) MoE powering the on-chain CUDOS network; 4) Staking for discounts. In the Cudo ecosystem, the token can be used for: 1) Staking to receive a discount in fees or share the revenue from fees; 2) Staking to qualify for jobs and earn greater revenue.

The crypto markets stopped falling. The day’s top movers (at 9 am) are HEX and BinaryX, rising by 18.46% since midnight. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -0.75% and -2.19%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has plummeted by 4.75%,  Bitcoin 3.75%, and Ether even by 5.39%.

BinaryX (BNX)

Cyber Dragon is a Play to Earn Gam based on Binance Smart Chain. This game is powered by the BinaryX team. Players can create characters, collect rare pieces of equipment, and challenge Dungeon. The final challenge is to defeat the ultimate boss, the Cyber Dragon. A hero will receive the dragon treasure house rewards by defeating the dragon. BNX is Cyber Dragon’s governance token. BNX token holders can participate in community governance and voting on significant game decisions. Some key operations of the game require consuming BNX tokens, such as creating heroes, forging rare equipment, challenging the Cyber Dragon dungeon and some top dungeons.

HEX (HEX)

HEX is an ERC20 token launched on the Ethereum network. HEX is designed to be a store of value to replace the Certificate of Deposit as the blockchain counterpart of that financial product used in traditional financial markets. HEX is also designed to leverage off the emerging DeFi (Decentralised Finance) ecosystem in cryptocurrencies within the Ethereum network. HEX uses the Ethereum network for the transaction layer (sending and receiving HEX tokens, as well as interacting with the HEX smart contract). At the same time, the consensus code and staking mechanism are contained in the HEX smart contract.