Movers of the Day 23-Dec-2021

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

The day’s top movers are Open Network and Radio Caca. Propy has risen by 18.02% 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 soared.  At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has soared 4.07%, Ether 2.60%, and Bitcoin 3.79%.

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

Propy (PRO)

Propy Utility Token was created to promote simple integration in users’ wallets. When a user buys a property, a small percentage (about 0.2% to 1% on average) of the final buying price is charged for Propy. Coins paid for writing data to the Propy Registry are saved in the Ethereum blockchain’s particular Rewards smart contract. The total amount of coins is distributed to the coin owners, equivalent to the PRO holders. The bonuses agreement snaps a picture of coin dispensation monthly and issues quarterly bonuses based on that picture, which is saved in the blockchain. This way, all users can check whether those rewards were allocated accurately.

In the afternoon, the crypto markets went up significantly. The day’s top movers at 19:10 are SushiSwap and Dogelon Mars, which has surged 32.12% since 2 pm. SushiSwap has increased by 10.68%.  Since 2 pm 2100NEWS DA Indexes have increased up to 4.46%. 2100NEWS Digital Assets Total Index (NWST1100) is 2.82% higher. Bitcoin has increased by 2.68%, Ether by 2.27%.

Dogelon Mars (ELON)

Dogelon Mars is a dog-themed meme coin on Ethereum and Polygon. It follows the example of other successful dog coins like Dogecoin, Shiba Inu, and Floki Inu. Dogelon Mars plays on several popular themes in the meme coin space. Its name is a mixture of Dogecoin and Elon Musk, the billionaire entrepreneur who is an outspoken supporter of Doge. It alludes to Mars, a spin on the famous moon meme, implying that Dogelon will experience a massive upward movement. Beyond its tongue-in-cheek name, Dogelon Mars has managed to build a significant community, with more than 300,000 Twitter followers and more than 84,000 followers on Telegram.

The day’s top movers (at 2 pm) are Ribbon Finance and Spartan Protocol, surging by 22.58% since 9 am. The crypto markets have trended sideways. Since 9 am, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported gains between 0.36% and 1.46%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen by 0.75%,  while Bitcoin has fallen by 0.12%, and Ether 0.68%.

Spartan Protocol (SPARTA)

The Spartan Protocol is a wholesome and complete protocol that allows the safe growth of synthetic assets, lending markets, and all assets to be liquid and productive. A small amount of governance is necessary to manage the upgrading of contracts and tweak some of the protocol’s parameters. The governance process is at-risk as such that there is a direct link between healthy and effective governance and the value of exposed collateral. The Spartan Protocol borrows ideas for UniSwap, THORChain, Synthetix, MakerDAO, and Vader/Vether Protocol but will be launched on Binance Smart Chain as its own separate protocol.

The crypto markets fell. The day’s top movers (at 9 am) are Spartan Protocol and Near Protocol, and Creditcoin has soared 38.11% since midnight. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -0.79% and -2.08%. 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 1.59%,  Bitcoin 2.05%, and Ether by 2.97%.

 Creditcoin (CTC)

Launched by a team based in the US, Canada, South Korea, Nigeria, and Estonia, Creditcoin aims to address the lack of a credit system among the unbanked in the emerging market. People who cannot access the banking system have to borrow from non-banks. However, credit records with non-banks are not accepted by the banks since they cannot trust the data. The project aims to solve the problem by recording credit transaction history objectively on a public blockchain.