Movers of the Day 22-Jul-2023

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

Top movers of the day are Kin and XDC Network. Since morning Kin has surged 37.21%, XDC Network has increased by 14.58%.

Most tokens and coins finished the day lower as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. The tokens built on Ethereum represented by 2100NEWS Ethereum Based Index (NWSET100) ended -0.50%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization ended -0.39%. Similarly, Ether ended -0.37%, Ether ended -0.32%.

Please read the notes to find out by what criteria they have been selected. The market information provided only reflects the state of the market up to midnight in the last 24 hours. Therefore, it may not accurately represent the current market conditions at the time of your inquiry.

Kin (KIN)

The Kin cryptocurrency is used as money within a digital ecosystem of consumer applications and services. Kin tokens enter circulation via an incentive model called the Kin Rewards Engine, or “KRE,” which rewards the developers who create compelling user experiences with Kin based on their engagement. This offers a software monetization model that incentivizes the adoption of new use cases and the creation of value for a cryptocurrency and encourages the exchange of value between users instead of harvesting user data and attention at no benefit to users.

XDC Network (XDC)

XinFin is an enterprise-ready hybrid BlXinFin technology company optimized for international trade and finance. The XinFin network is powered by the native coin called XDC. The XDC protocol is architected to support smart contracts, 2000TPS, 2 seconds transaction time, and KYC to Masternodes (Validator Nodes). The XDC Chain (XinFin Digital Contract) uses XinFin Delegated Proof of Stake (XDPoS), intending to create a ‘highly-scalable, secure, permission, and commercial-grade blockchain network. XinFin mainnet token XDC also creates an opportunity to utilize XinFin’s real-world use cases, such as TradeFinex.org, which helps small and medium businesses or institutions originate their own financial requirements in a digital, fully structured manner so that they can distribute them to the bank or non-bank funders themselves using a common distribution standard.

Top movers of the day are XDC Network and Ontology Gas. Since midnight XDC Network has surged 19.63%, Ontology Gas is 13.06% higher. StormX has increased by 4.35%.

Today most cryptocurrencies started out higher. Since midnight the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have increased by 0.23%. Moreover, the mid caps represented by 2100NEWS 200 Mid Cap Index (NWSM200) have increased even by 0.61%. On the other hand Bitcoin and Ether are slightly lower: BTC -0.12%, ETH -0.11%.

StormX (STMX)

Founded in 2015, StormX is one of the first global cryptocurrency-based solutions to reach worldwide markets. As a mobile app and browser extension, StormX aims to bring users cashback in crypto for most of their online purchases. With enterprise partners like Samsung, Nike, and Lego. StormX also allows users to stake the native STMX token to boost their rewards.

Ontology Gas (ONG)

Ontology is a high-performance, open-source blockchain specializing in digital identity and data. Ontology’s infrastructure supports robust cross-chain collaboration and Layer 2 scalability, offering businesses the flexibility to design a blockchain that suits their needs. With a suite of decentralized identity and data sharing protocols to enhance speed, security, and trust, Ontology’s features include ONT ID, a mobile digital ID application and DID use throughout the ecosystem, and DDXF, a decentralized data exchange and collaboration framework.