Movers of the Day 8-Oct-2022

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

Top movers of the day are KOK and Efinity Token. Since morning KOK has surged 27.12%, Efinity Token 24.40%. Saito is 15.46% higher.

The crypto markets finished the day in red as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS Indices which measure the performance of different groups of tokens and coins ended between -0.31% and -1.88%. Our main 2100NEWS Total Index (NWST1100) ended -1.33%. Bitcoin ended -1.29%, Ether ended -1.82%.

Please read the notes to find out which criteria 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.

Efinity Token (EFI)

Efinity is a cross-chain NFT platform developed by Enjin and built on Polkadot. Efinity was created as the next generation blockchain for digital assets with the aim of adapting to the challenges of the world of non-fungible tokens, according to the project. The main specialization of the Efinity project is the NFT space. With the protocol, traders and gamers can create, distribute, transfer, sell and buy NFTs. Efinity aims to remove barriers to entry into the NFT space/decentralized gaming, and to simplify user experience and digital asset governance. Efinity Token powers the entire Efinity ecosystem, EFI aims to prioritize the generation, transfer and purchase of tokens using an inter-chain infrastructure of protocols resulting in lower transaction fees. As for incentives, rewards on PoW blockchains with NFT functionality go to miners who create/trade tokens, thereby forming a community. One of the long-term goals of Efinity is to become a hub for both fungible and non-fungible tokens, accepting tokens from any other chain, facilitating the pricing and exchange of NFTs, increasing transaction volume, and creating network effects.

Top movers of the day are Sologenic and Stratis which has surged 35.68% since midnight. Sologenic is 19.38% higher.

Most cryptocurrencies moved lower this morning. Since midnight the Blue Chips measured by 2100NEWS 30 Blue Chip Index (NWS30) have decreased by 0.13%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 0.08% lower. Bitcoin has decreased by 0.28%, Ether 0.18%.

Sologenic (SOLO)

Sologenic is merging traditional finance with blockchain. The Sologenic ecosystem aims to make it effortless for crypto investors to exchange assets and invest in different conventional financial instruments. The ecosystem aims to eliminate entry barriers for individual and institutional crypto investors. Sologenic allows them to trade non-blockchain asset classes, such as stocks, ETFs, and commodities, with one cryptocurrency, SOLO. SOLO holders have access to many stocks from more than 30 global exchanges in North America, Europe, Asia, and Oceania. SOLO will enable people worldwide to buy and sell stock in their favorite companies without the need for traditional brokerages. Sologenic generates stablecoins backed by 1:1 with real-world assets. Each stablecoin represents the ownership of real-world assets. Once tokenized, the asset issued on the blockchain is denominated with the suffix Ƨ; for example, a tokenized asset of TSLA is represented as TSLAƨ.

Stratis (STRAX)

Stratis is a cryptocurrency used on a platform that provides flexible and affordable end-to-end solutions. These solutions can be applied to the experiment, construction, and deployment of C# blockchain applications based on the .net framework. They are also attached to users’ needs at a quite competitive price.

Hive (HIVE)

Hive is an open-source blockchain forged in years of development to bring Web 3.0 to the world. With a diverse community of stakeholders and without controlling bad actors, individuals can experience true ownership in a decentralized blockchain & cryptocurrency.