Movers of the Day 1-Jun-2022

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

The day’s top movers are Ark and NuCypher, rising by 10.85% 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 plummeted. Since 2 pm, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -4.43% and -7.28%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has plummeted by 7.69%, Ether by 7.54%, and Bitcoin by 6.66%.

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

NuCypher (NU)

NuCypher KMS aims to provide encryption and cryptographic access controls without reliance on a central service provider. It leverages proxy re-encryption technology to allow re-keying encrypted data. This allows a decentralized network of nodes to provide key management operations without accessing private keys or plaintext data. The NuCypher network provides accessible, intuitive, extensible runtimes and interfaces for secret management and dynamic access control. The network is permissionless and censorship-resistant. There are no gatekeepers, and anyone can use them. The network leverages the classic cryptological narrative of Alice and Bob (with additional characters where appropriate). This character-based narrative permeates the code-base and helps developers write safe, misuse-resistant code. The network currently supports proxy re-encryption but can be extended to support other cryptographic primitives.

In the afternoon, the crypto markets fell sharply. The top mover of the day at 19:10 is Ark which has surged 32.95% since 2 pm. Akropolis has increased by 1.25%, CENNZnet 3.01%. Since 2 pm 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins, have dropped between 2.46% and 4.40%. 2100NEWS Digital Assets Total Index (NWST1100) is 3.78% lower. Bitcoin has fallen by 3.67%, Ether 4.01%.

Ark (ARK)

ARK is a cryptocurrency and blockchain-based development platform allowing anyone to create their own fully customizable and interoperable blockchain and reducing the industries’ need for Smart Contracts by using custom transactions, logic, and multiple programming languages. ARK aims to solve the difficulty of working with blockchain technology and developing solutions that satisfy various use cases. The ARK Core Framework gives developers easier access to blockchain technology. This framework consists of the ARK Core, which acts as the backbone of an ARK-based network, peer-to-peer handling operations, ledger database management, API access, and custom business logic.

The day’s top movers (at 2 pm) are NuCypher and Voyager Token, rising by 16.67% since 9 am. The crypto markets have continued trending sideways. At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen by 1.31%,  Ether even 2.27%, and Bitcoin by 0.82%.

Voyager Token (VGX)

Voyager is a licensed crypto broker, not just another exchange. Voyager connects to the world’s leading market makers and liquidity providers to ensure their users get a better price on their trades, maximum liquidity on every order, and excellent access to the crypto market. Voyager offers investors commission-free trading of dozens of top crypto assets from one secure and trusted app.

The crypto markets have trended sideways. The day’s top movers (at 9 am) are Threshold and NuCypher, soaring 113.97% 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 0.97%, while Bitcoin has fallen by 0.13% and Ether even 1.86%.