Movers of the Day 4-Nov-2023

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

Top movers of the day are Gas and Ark which has increased by 8.54% since morning. Gas is 4.65% higher.

The crypto markets finished the day in green as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. The large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) ended +2.24%. Our main 2100NEWS Total Index (NWST1100) ended +1.81%. Bitcoin ended +1.60%, Ether ended +1.34%.

The criteria upon which these specific cryptocurrencies and indices have been highlighted are detailed in supplemental notes. The provided data offers a snapshot until midnight in the last 24 hours. Therefore, it may not accurately represent the current market.

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.

Top movers of the day are Gas and Ontology Gas. Since midnight Gas has surged 51.44%, Ontology Gas is 23.44% higher. Steem Dollars has increased by 20.75%.

Today the crypto markets started out higher. Since midnight 2100NEWS Indices which measure the performance of different groups of tokens and coins have increased up to 2.58%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 0.64% higher. Bitcoin has increased by 0.49%, Ether only by 0.25%.

Gas (GAS)

GAS is a virtual currency that represents the right to use the blockchain. This coin is used to make payments for various systems on the blockchain. There are two built-in system assets, which are NEO and GAS. While NEO is described as the ownership of the blockchain, which is used for electoral accounting to obtain GAS dividends, GAS powers all transactions on the NEO system, similar to what ETH does with Ethereum. However, NEO is a vital factor for mining/staking, which accrues GAS. In other words, if users own NEO, they will get GAS.

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.

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.