Movers of the Day 15-Jan-2022

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

The day’s top movers are API3 and ABBC Coin, soaring 30.25% since 9 am.

As illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the past 24 hours, the crypto markets have risen. At the same time, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has risen by 0.38%,  Ether 0.40%, while Bitcoin has fallen by 0.07%.

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

 

ABBC CoinABBC Coin (ABBC)

2100NEWS ranking: 411, Small cap, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 6, (Average for Small caps: 9.2)

ABBC is a technology optimized for distribution, finance, shopping, security using blockchain technology. ABBC Project is an open platform that works on distributed ledger technology, making it open and transparent to all participants. It is designed to develop digital crypto-currency markets and objects for various purposes and subsequent launch and integration into a unique ecosystem.

The crypto markets consolidated. The day’s top movers (at 9 am) are Fuse Network Token and Dragonchain, rising by 11.35% 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 risen by 0.90%,  Ether 1.08%, and Bitcoin by 0.73%.

 

DragonchainDragonchain (DRGN)

2100NEWS ranking: 613, Microcap Ethereum based Token, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 7.1, (Average for Microcap: 6.2)

DragonChain (DRGN) is a blockchain-based company and ecosystem originally developed by Disney in 2014. The project started as the “Disney Private Blockchain Platform” and was later released as open-source software in 2016. DragonChain provides a serverless ecosystem that allows companies to start using blockchain applications in an easy, private, and secure way.

DCR

Decred (DCR)

2100NEWS ranking: 171, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 7.2, (Average for Coins: 14.8)

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 to 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.

 

 

PRO

Propy (PRO)

2100NEWS ranking: 507, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 5.4, (Average for Small caps: 8.9)

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.

 


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