Movers of the Day 27-Dec-2021

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

Top movers of the day are DigitalBits and Kava Lend which has surged 28.98% since 7 pm. DigitalBits has increased by 14.94%, Drep by 12.34%.

In the evening the crypto markets were sliding down but nevertheless most of them still finished the day in green as illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the past 24 hours. The large caps measured by 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) ended +1.26%. 2100NEWS Digital Assets Total Index (NWST1100) ended +0.28%. On the other hand Bitcoin and Ether ended lower: BTC -0.07%, ETH -0.58%.

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

Kava Lend (HARD)

Kava Chain is a decentralized, permissionless, censorship-resistant blockchain built with the Cosmos SDK. This means it operates much like other Cosmos ecosystem blockchains, and is designed to be interoperable between chains. Learn more about Cosmos. Kava Protocol is the set of rules and behaviors built into the Kava Chain that enables advanced Decentralized Finance (DeFi) functionality like permissionless borrowing and lending. Hard Protocol is an application that runs on Kava Chain. It does not have its own blockchain. It builds upon the Kava Protocol and adds new functionality, expanding the Kava Ecosystem to include an autonomous money market protocol.

Top movers of the day at 19:10 are Vectorspace AI and Utrust which has surged 23.91% since 2 pm. Vectorspace AI is 15.27% higher. In the afternoon the crypto markets continued to go up. Since 2 pm 2100NEWS DA Indexes have increased up to 2.22%. 2100NEWS Digital Assets Total Index (NWST1100) is 1.44% higher. Bitcoin has increased by 1.50%, Ether by 0.91%.

Utrust (UTK)

The UTRUST platform aims to provide the consumer protection that buyers take for granted in traditional online purchases – acting as a mediator, resolving conflicts and enabling the possibility of refunds to mitigate fraud, while shielding the merchant from crypto-market volatility. The project wants to enable fast transactions, lower fees, and low cross-border transaction friction, enabling merchants to sell to a growing worldwide audience of crypto-holders. The project aspires to ‘build a payment API for marketplace integration that will become the crypto-equivalent of PayPal’.

The day’s top movers (at 2 pm) are ForTube and OEC Token, rising by 18.81% since 9 am. The crypto markets have surged. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported gains up to 1.78%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has surged by 3.08%,  Bitcoin 2.30%, and Ether by 0.87%.

OEC Token (OKT)

OKExChain is the world’s first trading chain — blockchain technology built for trading. It is the next step in the development of decentralized trading, where people can trade anything of value on-chain and own and control the assets they trade. OKExChain provides a safe and efficient infrastructure for creating decentralized applications for seamless on-chain trading of all kinds of assets within a cross-chain, value-exchange ecosystem. OKT is the native token of the OKExChain ecosystem, providing immediate utility and benefits — such as voting rights, staking privileges, and transaction fee payment — for decentralized exchanges and other DeFi applications built on the network.

The crypto markets surged. The day’s top movers (at 9 am) are ForTube and Vectorspace AI, soaring 41.27% since midnight. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has surged by 2.38%, Ether 0.60%, and Bitcoin 1.76%.

Vectorspace AI (VXV)

Vectorspace AI is a data-focused crypto startup. The easiest way to understand what they do would be to jump right into it by observing a real-life event that resulted in an opportunity to profit based on their Natural Language Processing and Understanding (NLP/NLU) real-time datasets and connected to what is called ‘information arbitrage.’ The platform, which includes datasets and products that can be built on top of them, enables known and hidden relationship detection in data. Their datasets can be used to cluster entities that have known and hidden relationships to outside events, global trends, or news. These clusters can represent networks of suppliers, companies working on similar drugs, or any entity that might have symbiotic, parasitic, or sympathetic latent entanglement with another entity, event, or global trend.

Velas (VLX)

Velas ™ is self-learning and self-optimizing blockchain platform for secure, interoperable, extremely scalable transactions and smart contracts. The Velas blockchain uses neural networks optimized by artificial intelligence to enhance its consensus algorithm, which maintains decentralization, stability, and security.