Movers of the Day 18-Oct-2023

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

Top Movers of the Day:

• Blur and Starlink: Both cryptocurrencies emerged as the standout performers for the day. Starlink stole the spotlight with an astonishing 43.72% rise since the 7 p.m. update.

Overview: Today’s cryptocurrency market has mainly been indecisive, with assets wavering between gains and losses. This behavior often indicates a market grappling with mixed sentiments, potentially awaiting significant news or events to provide a clear direction.

1.  NWSBCT Index for Blue Chips: This index represents the major and more established cryptocurrencies, also called “Blue Chips,” in the crypto community. The NWSBXT witnessed an early bullish momentum, got caught in the whirlwind of mid-day volatility, faced a bearish pull, and ultimately settled near its starting point, ending the day with minimal overall change.
2. 2100NEWS Total Index (NWST1100): Representing a broad spectrum of the crypto market, this index tracks 1100 significant cryptocurrencies based on their market cap. It has modestly decreased by 0.73% over the last 24 hours.
3. Bitcoin and Ether exhibited varied performances. While Bitcoin declined 0.75%, Ether recorded a slight dip of 0.26% in the last 24 hours.

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 conditions at the time of your inquiry.

Starlink (STARL)

StarLink is a fully decentralized project that is moving by the community. $STARL was launched by a LEASH deployer accidentally, and he turned this into a community-owned project. No dev tokens and liquidity Burnt means no one can pull out the initial liquidity and sell pre-mined tokens. Literally SAFU.

7:10 p.m. update: The top movers of the day are Blur and LooksRare. Since 2 pm, Blur has surged 22.29%, and LooksRare is 8.42% higher. The crypto markets still trended sideways over the past 24 hours. In that time, 2100NEWS Indices, which measure the performance of different groups of tokens and coins, have fallen between 0.54% and 1.53% (NWSM200). 2100NEWS Total Index (NWST1100) is 0.64% lower. Bitcoin has decreased by 0.72% and Ether by 0.33%.

Blur (BLUR) 

Blur is a unique non-fungible token (NFT) marketplace and aggregator platform that offers advanced features such as real-time price feeds, portfolio management, and multi-marketplace NFT comparisons. It claims to have faster NFT sweeps and a more intuitive interface than comparable platforms. As a result, many professional NFT traders increasingly prefer to use Blur for their trading activities — although it may be due to incentives like the recent airdrop of 360 million BLUR tokens — worth around $355M at the time of writing. An Ethereum-based platform has raised over $14m from world-class investors and traders, including Paradigm, 6529, Cozomo Medici, dhof, Bharat Krymo, Zeneca, OSF, MoonOverlord, icebergy, Deeze, Andy8052, Keyboard Monkey and many more. BLUR became prominent after launching in October 2022, when it promised airdrops of BLUR tokens to the top platform users.

Top Movers of the Day (at 2 p.m. update):

• WAX and Bluzelle: These cryptocurrencies have showcased impressive growth in the past 24 hours, with Bluzelle taking the lead by gaining 11.13% since the 9 a.m. update.

Overview:  The crypto market is currently in a balanced, watchful, and tentative state, with no significant movements in either direction. This sideways trend suggests a period of market observation. Investors and traders appear to be on the lookout for substantial events or news that might influence the market’s trajectory. Index for Blue Chips represents the major and more established cryptocurrencies, also called “Blue Chips,” in the crypto community; the index hasn’t shown any significant directional movement, reinforcing the sideways trend. 2100NEWS Total Index (NWST1100): Representing a broad spectrum of the crypto market, this index tracks 1100 significant cryptocurrencies based on their market cap. A slight downturn of 0.44% over the last 24 hours indicates a cautious in the broader market. Bitcoin and Ether:  Both these dominant cryptocurrencies have experienced a slight decline, with a nearly identical decrease percentage of 0.22% and 0.21%, respectively, during this timespan.

Bluzelle (BLZ) 

Bluzelle is a decentralized data network for dapps to manage data securely, tamper-proof, and highly scalable. Cosmos and its BFT technology Tendermint power Bluzellet.

Top Movers of the Day (at 9 a.m. update):

• WAX and Blur: These two cryptocurrencies were the star performers in the previous 24 hours. WAX, in particular, has shown a commendable increase, registering a 13.88% growth since midnight.

Overview:  The cryptocurrency realm has been in a wait-and-watch mode, exhibiting a sideways motion over the previous 24 hours, while the more prominent players like Bitcoin and Ether take different paths. This can be seen as a consolidation period where the market decides its next move.

1.  Index for Blue Chips: This index represents the major and more established cryptocurrencies, also called “Blue Chips,” in the crypto community. This index has indicated stability among the top players as it continued to trade within a specific range.
2. 2100NEWS Total Index (NWST1100): Representing a broad spectrum of the crypto market, this index tracks 1100 significant cryptocurrencies based on their market cap. It has risen by 0.54% over the last 24 hours.
3. Bitcoin and Ether show different trajectories. While Ether has experienced a minor decline of 0.86%, Bitcoin has managed to post a gain of 1.69%.

WAX (WAXP)

WAX is a distributed system allowing everyone to freely generate a fully functioning digital marketplace in security, infrastructure, or payment processing. With the WAX Platform, millions of dealers can conduct instant and reliable transactions. WAX is managed by the founders of OPSkins, one of the world’s leading marketplaces for online video game assets, with the target of serving more than 400 million gamers who have already obtained and traded in-game items. Blockchain technology allows WAX Tokens to offer users a decentralized network where virtual goods can easily be tokenized and converted to digital coins. With the WAX Platform, millions of traders can carry out instant and secure transactions.