Movers of the Day 27-May-2022

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

Top movers of the day are KOK and BinaryX. Since 7 pm KOK has increased by 6.10%, BinaryX 1.81%.

The crypto markets finished the day in red as illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the past 24 hours. 2100NEWS DA Indexes ended between -2.78% and -4.07%. 2100NEWS Digital Assets Total Index (NWST1100) ended -3.67%. Bitcoin ended -2.94%, Ether ended -5.08%.

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

KOK (KOK)

‘KOK’ is a decentralized digital content platform aimed to create a fair, open, and transparent ecosystem where creators receive equitable compensations and consumers can enjoy a diverse variety of contents. It particularly aims to cultivate a space for creative freedom.

Top mover of the day at 19:10 is Centrifuge which has surged 67.78% since 2 pm. Braintrust has increased by 9.52%, KOK 2.32%. In the afternoon most cryptocurrencies went down. Since 2 pm the large caps measured by 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) have fallen by 0.60%. 2100NEWS Digital Assets Total Index (NWST1100) is 0.81% lower. Bitcoin has fallen 0.68%, Ether even 1.44%.

Centrifuge (CFG)

Centrifuge is a decentralized asset financing protocol. It connects decentralized finance (DeFi) with real-world assets (RWA) while trying to lower the cost of capital for small and mid-size enterprises (SMEs) and provide investors with a stable source of income. The project’s main goal is to generate profits that are not tied to volatile crypto assets; the developers are pursuing the task of transferring real monetary value from fiat to cryptocurrencies. Companies are using Centrifuge to access the liquidity that DeFi has to offer. They can tokenize tangible assets and use these tokens as collateral to access financing through Tinlake, a decentralized application (DApp) lending protocol. The Centrifuge blockchain is built on Polkadot (DOT) for speed and low fees, while its financial DApp Tinlake is built to access Ethereum (ETH) liquidity. Centrifuge provides liquidity to everyone, and investors receive income and rewards in the form of CFG tokens. Centrifuge links assets such as invoices, real estate, and royalties with decentralized finance (DeFi). Additionally, borrowers benefit from the fact that they can finance their tangible assets without banks or other intermediaries.

Top movers of the day at 14:10 are Bitgert and KOK. Since 9 am Bitgert has surged 21.54%, KOK 18.94%. Chain has increased by 6.47%. The crypto markets trended sideways. In the last 24 hours 2100NEWS DA Indexes have fallen between 1.11% and 3.54%. 2100NEWS Digital Assets Total Index (NWST1100) has decreased by 1.45%. Ether has fallen 2.50%, Bitcoin only 0.50%.

Bitgert (BRISE)

Bitgert Is A Crypto Engineering Organization, Which Has Built The Fastest Blockchain Which Has The Speed Of 100,000 Transaction Per Second & Near Zero Transaction Fee; Bitgert Is The Fastest Blockchain Of 2022 And The Fastest Growing Ecosystem With Projects Spanning DeFi, NFTs, Web3 & Much More, Bitgert Also Has Developed A BRC20/ERC20/BEP20 Supported Wallet on Android & iOS, Bitgert Coin Exists on Binance Smart Chain & Bitgert Chain.

The day’s top movers (at 9 am) are ICHI and Chain, soaring 42.56% since midnight. The crypto markets have plunged. Ether -8.29% led the crypto markets on the way down. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -2.72% and -5.12%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has plunged 5.32% and Bitcoin 2.47%.

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.