Movers of the Day 19-Dec-2021

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

Top movers of the day are LCX and Decred. Since 9 am LCX has surged 40.56%, Decred 19.83%. XYO is 9.72% higher.

Most of the cryptocurrencies finished the day in green as illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the past 24 hours. The coins represented by 2100NEWS DA Coin Index (NWSCo100) ended +0.23%. Our main 2100NEWS Digital Assets Total Index (NWST1100) ended +0.45%. Moreover, Bitcoin ended +1.20% while Ether ended only +0.11%.

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

LCX (LCX)

LCX, the Liechtenstein Cryptoassets Exchange, aims to become one of the world’s first licensed and supervised security token exchanges. The initial product is LCX Terminal, a crypto trading desk to trade on major crypto exchanges within a single interface. In November 2018, LCX claimed to have been granted a Business License from the Liechtenstein Ministry of Economic Affairs. LCX AG was found in April 2018 and is headquartered at the Principality of Liechtenstein.

Decred (DCR)

Decred is a self-funding cryptocurrency with a system of community-based governance integrated into its blockchain. Decred iterates on Bitcoin by employing an innovative hybrid Proof-of-Work (PoW)/Proof-of-Stake (PoS) system and Politeia governance platform to solve the issues of centralization, funding, and governance. In Decred’s hybrid system, PoW acts similarly as with Bitcoin, but miners only receive 60% of the block reward. Thirty percent of the Decred block reward goes to PoS voters who quality control the miners’ work, reducing the power of the miners, putting power in the hands of the coin holders, and securing the network. The final 10% of the block reward goes into the Treasury to fund development and operations. The self-funding element ensures that Decred is sustainable over the long term.

Top movers of the day is pNetwork which has surged 20.18% since midnight. Olympus v1 has increased by 7.53%, GXChain 9.00%.

The crypto markets moved higher this morning. Since midnight 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins have increased up to 1.16%. 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 1.00% higher. Bitcoin has increased by 1.58%, Ether by 0.19%.

pNetwork (PNT)

The pNetwork is the increasingly decentralised layer powering and governing the cross-chain pTokens solution. The project is focused on enabling meaningful connections between multiple blockchain environments. pNetwork Portals enable smart contracts living on different blockchains to interact with each other as if they were on the same network

Olympus v1 (OHM)

Olympus is a decentralized reserve currency protocol based on the OHM token. Each OHM token is backed by a basket of assets (e.g. DAI, FRAX) in the Olympus treasury, giving it an intrinsic value that it cannot fall below. Olympus also introduces unique economic and game-theoretic dynamics into the market through staking and bonding.

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.