Movers of the Day 26-May-2022

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

The day’s top movers are TomoChain and Chain, rising by 12.11% since 7 pm.

As illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the past 24 hours, the crypto markets ended in the red. Ether -6.59% led the crypto markets on the way down. At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has plunged 3.89% and Bitcoin by 0.72%.

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

Chain (XCN)

Chain is a cloud blockchain infrastructure that enables organizations to build better financial services from the ground up. The Chain has launched Chain Core, a permissioned and open-source blockchain, and Sequence, its ledger as a service product. Clients can receive discounts and pay for commercial fees with Chain Tokens (CHN), participate in community protocol governance, and access premium features. Chain Protocol is a design for a shared, multi-asset, cryptographic ledger. It supports the coexistence and interoperability of multiple independent networks with different operators, sharing a common format and capabilities. Control over assets is separated from control over ledger synchronization using the principle of least authority. The Chain Protocol allows any network participant to define and issue assets by writing custom “issuance programs.” Chain Core is an enterprise software product that implements the Chain Protocol. An open-source developer edition is freely available, and Chain operates a Chain blockchain network as a freely accessible testnet.

In the afternoon, the crypto markets experienced high volatility. The top movers of the day at 19:10 are WEMIX and TomoChain, which has increased by 7.37% since 2 pm. WEMIX is 3.35% higher.  Over the past 24 hours, 2100NEWS DA Indexes have fallen between 2.16% and 6.01%. 2100NEWS Digital Assets Total Index (NWST1100) is 3.14% lower. Bitcoin has fallen by 0.76%. Moreover, Ether has dropped 5.19%.

TomoChain (TOMO)

TomoChain is an innovative solution to the scalability problem with the Ethereum blockchain in particular and with all current blockchain networks in general. TomoChain plans to support horizontal scaling via adding more second layer blockchains with good performance integrated with the Ethereum network for backup and atomic cross-chain transfer.

The day’s top movers (at 2 pm) are SafeMoon V2 and Orchid, soaring 33.00% since 9 am. The crypto markets have plunged, and ether -6.83% has led the markets downward. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -3.02% and -4.67%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has plunged 3.96%, Bitcoin 1.33%.

Orchid (OXT)

Orchid is a decentralized, market-based system for anonymous communication and virtual private networking, including a bandwidth market where node providers stake digital currency to advertise their services using the Ethereum blockchain and receive payment in OXT (Orchid’s native cryptocurrency). Orchid’s mission is to build Open Source software that keeps the Internet open and accessible — a natural resource for everyone, everywhere.

The crypto markets dropped. The day’s top movers (at 9 am) are Radicle and SafeMoon V2, rising by 9.43% since midnight. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -1.07% and -3.88%. 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 2.11%, Bitcoin by 0.49%,  and Ether even 3.27%.

SafeMoon (SFM)

The SafeMoon Protocol is a community-driven, fairly launched DeFi Token. Three simple functions occur during each trade: Reflection, LP Acquisition, and Burn.

Radicle (RAD)

Radicle is a decentralized network for code collaboration. The project’s mission is to develop resilient infrastructure for open-source communities that is secure, sovereign, and exclusively built on open protocols, not platforms. Radicle’s protocols enable developers to collaborate on code without relying on trusted intermediaries. Its peer-to-peer network is complemented by an opt-in Ethereum smart contract system that enables global names, decentralized organizations, and protocols that help maintainers sustain their open-source work. With Ethereum, Radicle is harnessing the power of Ethereum and DeFi to enable developers to own their collaboration infrastructure truly. Since launching in beta this past December, Radicle has seen over 1,000 projects published to the network and garnered substantial interest from across the Web3 ecosystem.