Movers of the Day 3-Feb-2022

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

The day’s top movers are Quant and New Bitshares, surging by 27.67% since 7 pm.

As is illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the past 24 hours, the crypto markets have trended sideways. Since 2 pm, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported gains between 0.89% and 2.41%. 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 0.48%, Ether 1.21%, and  Bitcoin by 0.55%.

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

New BitShares (NBS)

NBS is an OSS (open source) solution for DeFi (decentralized finance) business and DEX (decentralized exchange) based on DPOS consensus and implemented with DAO’s organizational management structure. Delegated Proof of Stake (DPoS) is a consensus algorithm developed to secure a blockchain by ensuring the representation of transactions within it. DPoS is designed as an implementation of technology-based democracy, using voting and election process to protect the blockchain from centralization and malicious usage. The graphene technology used by NBS is one of the most advanced blockchain technologies on the market.

The crypto market stopped falling. The top movers of the day at 19:10 are Tranchess and PolySwarm. Since 2 pm, Tranchess has surged 21.60%, PolySwarm 20.12%. Over the past 24 hours, 100NEWS DA Indexes have fallen between 1.76% and 2.80%. 2100NEWS Digital Assets Total Index (NWST1100) is 2.08% lower. Bitcoin has decreased by 1.68%, Ether 2.05%.

Tranchess (CHES)

Tranchess is a yield-enhancing asset tracker with various risk-return solutions. Tranchess provides a different risk/return matrix from a single main fund that tracks a specific underlying asset. The name Tranchess was inspired by the game of chess and the French word “Tranche,” which is often associated with tranche funds that cater to different classes of investors with varying risk appetites.

The day’s top movers (at 2 pm) are IDEX and Ampleforth Governance Token, soaring 36.85% since 9 am. The crypto markets have plunged. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -1.25% and -2.16%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has plunged 6.41%, Ether 6.75%,  and Bitcoin  5.38%.

Ampleforth Governance Token (FORTH)

FORTH is a new governance token that completes the AMPL ecosystem by putting control of the protocol in the hands of the community. Anyone who has interacted with the AMPL ecosystem on-chain can claim FORTH tokens. FORTH is the mechanism by which the community will vote on parameter changes to the core AMPL protocol and, more broadly, the tool the community will use to steer the continued evolution of the Ampleforth ecosystem. Where AMPL represents an independent currency that functions as a unit of account, FORTH is the governing mechanism that oversees its evolution. FORTH is an inflationary token that can be directly utilized or delegated to propose and vote on changes to the Ampleforth protocol. Its model is an extension of Compound Finance’s COMP. To ensure a fair system that offers proper incentives for all network participants, initial governance parameters will be set when the on-chain governance is deployed. Additionally, you will be able to delegate your FORTH to “representatives” who will then be able to utilize your voting power to propose changes or vote on your behalf.

The crypto markets dropped. The day’s top movers (at 9 am) are IDEX and Strike. Quant has risen by 18.30% since midnight. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -0.03% and -0.68%. 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 3.53%, Ether by 3.08%,  and Bitcoin by 3.27%.

Quant (QNT)

Quant Network or Overledger is the blockchain Operating System (OS) for the future. It empowers applications to function across multiple blockchains. Overledger securely removes the barriers that prohibit communication across multiple blockchains, providing endless possibilities for your data and applications. Overledger is the blockchain operating system that offers the ability to distribute value and applications across current and future blockchains without being limited to a single technology or method.

IDEX (IDEX)

IDEX is the first Ethereum based decentralized smart contract exchange for supporting real-time trading and high transaction throughput. IDEX is the most advanced Ethereum DEX, supporting limit and market orders, gas-free cancels, and the ability to fill many trades at once.

HyperDAO (HDAO)

HyperDAO is committed to creating an efficient, transparent, and achievable autonomous digital asset financial ecosystem that serves as a one-stop platform for all your financial needs. HyperDAO will gradually transform its existing centralized business model into a decentralized one governed by our community members. By implementing the concepts of decentralization and community governance, HyperDAO will take a step towards a truly decentralized society, one in which decision-making processes are both transparent and autonomous.