Movers of the Day 11-Jun-2022

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

Top movers of the day are WhiteCoin and Flamingo. Since morning WhiteCoin has surged 22.62%, Flamingo 11.47%. Cocos-BCX is 7.56% higher.

The crypto markets were going down during the day and finished in red again. Today’s crypto market movement is illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS DA Indexes ended between -4.01% and -8.68%. Our main 2100NEWS Digital Assets Total Index (NWST1100) ended -5.03%. Bitcoin ended -2.53%, Ether ended -7.61%.

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

WhiteCoin (XWC)

Whitecoin is a community-based decentralization project with more than five years of history. The project was launched in early 2014. The original development team’s main members are from the Netherlands, Germany, Finland, Australia, and other countries. Whitecoin is a public chain that utilizes interconnection between blockchains through the innovative Multi Tunnel Blockchain Communication Protocol (MTBCP) protocol. The newly upgraded Whitecoin will adopt the RPOS mechanism to realize cross-chain asset management functions, cross-chain transfer, exchange, and cross-chain value transfer. The upgraded Whitecoin public chain provides three main functions: cross-chain assets management, smart contracts, decentralized exchanges, and the core feature: community governance mechanisms. The team claims that it is the largest cross-chain public chain in the world. It aims to provide a benchmark and demonstration for breaking the barriers among various public chains.

Flamingo (FLM)

Flamingo Finance is a Decentralized Finance (DeFi) platform where users can convert assets, wrap assets, provide liquidity, and earn yield through staking. Flamingo’s SmartStake feature enables users to perform all of these actions in a single click. The Flamingo token functions as the rewards token users can earn by adding liquidity to liquidity pools and staking their liquidity pool tokens (LP tokens). The platform facilitates automated transactions between cryptocurrency tokens on the Neo N3 blockchain through the use of smart contracts.

Top movers of the day are Steem Dollars and Ethernity Chain. Since midnight Steem Dollars has surged 23.54%, Ethernity Chain 20.62%. Orion Protocol has increased by 5.14%.

The crypto markets started out at the same levels as they finished yesterday. In the last 24 hours 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins have falllen between 2.83% and 5.42%. Our main 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 4.14% lower. Bitcoin has fallen by 2.68%, Ether even 6.97%.

Orion Protocol (ORN)

Orion is the only DeFi platform creating a truly decentralized crypto landscape for businesses and consumers. Their trading terminal aggregates the liquidity of the entire crypto market into one place, embedding robust tools for the most intelligent trades at the best price every time. Their Broker Pool underpins our DeFi solutions, built to provide the crypto market with the liquidity, accessibility, and growth it needs to succeed.

Steem Dollars (SBD)

Steem is a social blockchain that grows communities and makes immediate revenue streams possible for users by rewarding them for sharing content. It’s currently the only blockchain that can power real applications via social apps like Steemit.

Ethernity Chain (ERN)

Ethernity Chain is a community-oriented platform that produces limited edition authenticated NFTs and trading cards created by your favorite artists and endorsed by notable figures. Built on the Ethereum Network, it aims to build the biggest A-NFT library, reward its creators and raise funds for charitable causes forever. Its unique DEFI applications allow ERN token holders to farm rare A-NFTs and vote on proposals that will amend the Ethernity Chain ecosystem.