Movers of the Day 13-Jan-2022

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

The day’s top movers are Cream Finance and Newton Project, rising by 17.22% 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 dropped. At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has dropped by 3.08%,  Ether 3.51%, and Bitcoin by 2.84%.

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

Newton (NEW)

Newton Project aims to build infrastructure for a community-based economy. By providing services around governance, collaboration, and incentives, Newton upgrades the corporate economy to a brand new community-based economy that benefits everyone who contributes. The Newton team is distributed worldwide and is made up of technical experts from different countries, e-commerce entrepreneurs, and other industry elites.

The crypto markets retraced. The day’s top movers (at  7 pm) are Moonbeam and Newton Project, soaring 32.10% since 2 pm. Since 2 pm, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -1.49% and -4.05%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has dropped by 2.38%,  Ether even 2.90%, and Bitcoin by 1.98%.

The crypto markets trended sideways. The day’s top movers (at 2 pm) are Propy and Cream Finance. Moonbeam has surged by 23.02% since 9 am. Over the past 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen by 1.89%,  Ether 1.60%, and Bitcoin by 1.42%.

Moonbeam (GLMR)

Moonbeam offers an Ethereum-like environment on top of Substrate (rather than a Geth-based solution). This lets developers redeploy their existing smart contracts easily, using the same tools and integrations they already use, and take advantage of the modern Substrate framework on which all Polkadot parachains are built. The Moonbeam network makes it possible for developers with Solidity or Vyper-based smart contracts to “go multi-chain” and extend their influence into the Polkadot ecosystem. Polkadot’s blockchain ensures seamless sharing of workloads on a new layer. Through Moonbeam, developers can port their existing Ethereum DApps to Polkadot or easily create new permissionless decentralized applications (dApps) using familiar Ethereum development tools. The tools on Moonbeam ensure that there is minimal change when front-end dApps are moved between chains. By using Moonbeam, Ethereum developers (which is the largest market of existing blockchain developers) will be able to bypass the scalability challenges due to the expense and constraints of the Ethereum network.

1/ ?​ Moonbeam is LIVE on @Polkadot! ? We are excited to announce that Moonbeam is the first fully operational parachain on Polkadot. Moonbeam will bring many new integrations, activity & users to light up Polkadot’s ecosystem. ⚡ #MoonbeamLightsUphttps://t.co/yBhgyWwaRn

— Moonbeam Network (@MoonbeamNetwork) January 11, 2022

The crypto markets have stopped rising. The day’s top movers (at 9 am) are Propy and Cream Finance, surging by 24.26% since midnight. Over the past 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has soared 3.82%,  Ether 3.77%, and Bitcoin by 2.52%.

Cream Finance (CREAM)

C.R.E.A.M. Finance is a decentralized lending protocol for individuals and protocols to access financial services. The protocol is permissionless, transparent, and non-custodial. Currently, C.R.E.A.M. is live on Ethereum, Binance Smart Chain, and Fantom. C.R.E.A.M. Finance’s smart contract money markets are focused on longtail assets — with the goal of increasing capital efficiency for all assets in crypto markets. Users can lend any supported assets on our markets and use the provided capital as collateral to borrow another supported asset.

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 are 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.

The crypto markets have trended sideways. Over the past 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has surged by 2.67%,  Bitcoin 1.03%, and  Ether even by 3.37%.

 Sparkpoint (SRK)

Starting in Oct 2018, Sparkpoint aims to drive the mass adoption of cryptocurrencies as a mode of payment and promote financial literacy. Sparkpoint token (SRK) is an ERC-20 token used in the Sparkpoint ecosystem. Anyone that complies with the standard requirement can participate and do business on the different platforms by purchasing SRK in the market.