Movers of the Day 15-Sep-2022

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

The day’s top movers are ASD and Loom Network, rising by 6.44% since 7 pm. The crypto markets plunged, as illustrated by an adjacent chart showing the NWSBCT (Blue Chips) Index movement over the last 24 hours. Ethereum Merge to proof-of-stake led Ether – 7.64% and the crypto markets downward.  During the same period, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, plunged by 3.31% and Bitcoin by 1.71%.

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

Loom Network (LOOM)

Loom Network is a Platform as a Service built on top of Ethereum, allowing developers to run large-scale decentralized applications. This lets developers build DApps with the trust and security of the world’s most secure public blockchain, along with the computing resources necessary to run commercial-scale services. Like Filecoin tokenized disk space, Loom aims to be the tokenized application protocol of the new decentralized web.

In the afternoon, the crypto markets fell sharply. The top mover of the day at 19:10 is QuarkChain, which has surged 17.49% since 2 pm. ASD has increased by 1.86%. Since 2 pm, 2100NEWS Indices, which measure the performance of different groups of tokens and coins, have fallen between 1.16% and 2.91%. 2100NEWS Total Index (NWST1100) is 2.41% lower. Bitcoin has fallen by 1.60%, and Ether has dropped by 5.34%.

QuarkChain (QKC)

QuarkChain aims to provide a secure, decentralized, and scalable blockchain solution to deliver 1,000,000+ on-chain TPS (transactions per second). The main features of Quarkchain are its reshardable two-layered blockchain, collaborative mining, horizontal scalability, cross-shard transactions, and streamlined account management.

The day’s top movers (at 2 pm) are Firo and Loom Network, soaring 38.75% since 9 am. The crypto markets have trended sideways. During the same period, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen by 0.13%, Bitcoin by 0.30%, and Ether by 0.31%.

The crypto markets trended sideways. The day’s top movers (at 9 am) were Firo and Hifi Finance, rising by 11.40% since midnight. Over the last 24 hours, the 2100NEWS Total Index (NWST1100), which measures 1100 significant (by market capitalization) crypto assets’ performance, has fallen by 0.58%, Bitcoin by 0.68%, and Ether by 0.57%.

Hifi Finance (MFT)

Hifi (formerly Mainframe) is a Lending Protocol that allows anyone to borrow against their crypto. Hifi uses a bond-like instrument, representing an on-chain obligation that settles on a specific future date. Buying and selling the tokenized debt enables fixed-rate, fixed-term lending and borrowing — something much needed in decentralized finance today. It is anticipated that a ticker symbol change will occur alongside future iterations of the Hifi Lending Protocol.

Firo (FIRO)

Firo, formerly known as Zcoin, is a cryptocurrency that focuses on being private digital cash. It created the Lelantus privacy protocol, which allows users to burn their coins and redeem them later for brand new ones without transaction history. Before Lelantus, it was also the first cryptocurrency to code and launched a practical implementation of the Zerocoin protocol, which became one of the most prevalent privacy protocols in use, prior to it being replaced by Sigma and then Lelantus after cryptographic flaws were discovered in the Zerocoin protocol in 2019.