Movers of the Day 19-Oct-2023

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

Top Movers of the Day:

• Ardor and UNUS SED LEO have secured their positions as the top performers for the day. UNUS SED LEO saw a rise of 12.85% since the 7 p.m. update.

Overview: The day started shaky, with the market showcasing a bearish inclination. However, as the day progressed, the market shifted gears, transitioning from the initial dip to a period of recovery and finally settling into an upward trajectory.

1.  NWSBCT Index for Blue Chips: This index represents the major and more established cryptocurrencies, also called “Blue Chips,” in the crypto community. After an early slump, it managed to find its footing and began an ascent, suggesting a renewal of investor confidence in these major cryptocurrencies.
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 0.91% over the last 24 hours.
3. Bitcoin and Ether exhibited varied performances, with Bitcoin rising by 1.32% and Ether showing a relatively humble increase of 0.39% 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.

UNUS SED LEO (LEO)

UNUS SED LEO is a utility token designed to empower the Bitfinex community and provide utility for those seeking to maximize the output and capabilities of the Bitfinex trading platform.

7:10 p.m. update: The day’s top movers are Ardor and FUNToken. Since 2 p.m., Ardor has surged 28.84%, and FUNToken is 19.83% higher. Polymesh has increased by 7.66%.

In the afternoon, the crypto markets went up. Since 2 p.m., 2100NEWS Indices, which measure the performance of different groups of tokens and coins, have increased up to 1.10%. 2100NEWS Total Index (NWST1100) is 0.65% higher. Similarly, Ether has increased by 0.67% and Bitcoin by 0.70%.

Ardor (ARDR)

Ardor is an open-source multichain platform launched on 01.01.2018. Its unique architecture was designed from the beginning to overcome existing blockchain technology problems and ensure scalability. Ardor’s advanced design introduces a parent–child chain system where the network security and transaction processing for the entire platform is provided by the Ardor main “parent” chain. At the same time, all the business-ready functionality is present on the permissionless and permissioned child chains.

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

• Tellor and Bitcoin SV have been the top-performing cryptocurrencies of the day in the previous 24 hours.
• FTX Token has increased 11.29% since the 9 a.m. update.

Overview: The cryptocurrency market experienced a decline over the past 24 hours, but it has since entered a recovery phase, indicating resilience despite the bearish sentiment over the past 24 hours.  NWSBCT Index for Blue Chips: This index represents the major and more established cryptocurrencies, also called “Blue Chips,” in the crypto community. The NWSBXT experienced a notable drop around 11 p.m. Following the fall, it began a recovery phase, fluctuating in a range-bound manner with no clear trend emerging. 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 fallen modestly by 0.66% over the last 24 hours. Bitcoin and Ether experienced a mixed performance; Ether dropped by 1.70%, while Bitcoin increased by 0.21% in the previous 24 hours.

FTX Token (FTT)

FTX is owned by FTX Trading LTD, a company incorporated in Antigua and Barbuda. Alameda Research, a cryptocurrency liquidity provider, incubated FTX. On November 11, 2022, and November 14, 2022, FTX Trading Ltd. and 101 affiliated debtors (collectively, the “Debtors”) each filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. Exhibit(s) (Notice of Filing Hearing Presentation) Filed by FTX Trading Ltd.. (Attachments: # 1 Exhibit A)

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

• Ardor and Starlink have been the top-performing cryptocurrencies of the day. Ardor has witnessed a significant rise of 10.27% since midnight.

Overview: The broader cryptocurrency market has experienced a decline over the past 24 hours, indicating a bearish sentiment prevailing among investors.

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 reflected a bearish sentiment with a notable drop around 11 p.m.
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 fallen by 1.47% over the last 24 hours, confirming the overarching downtrend in the crypto space.
3. Bitcoin and Ether have fallen by 1.30% and 1.26%, respectively, in the last 24 hours.

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.