Movers of the Day 26-Oct-2023

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

Top Movers of the Day:

• Floki and Polymesh lead the charge as the most prominent gainers for the day.
• WAX has posted a significant 18.27% jump since the 7 p.m. update.

Overview:  Over the past 24 hours, the crypto landscape appears to recover from earlier losses. After experiencing a peak around 10 a.m., the market saw a downturn but is now showing indicators of recovery. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips,” the NWSBCT index has had a roller-coaster day. After a morning peak, it faced a decline but is now hinting at a late resurgence. The 2100NEWS Indices:  Offering a broader perspective, the array of indices by 2100NEWS showcases a positive swing, with gains fluctuating between 0.84% to 2.29% post the 7 p.m. update. This is a promising sign for diverse crypto sectors. 2100NEWS Total Index (NWST1100): Representing a broad spectrum of the crypto market, this index tracks 1100 significant cryptocurrencies based on their market cap and has decreased by 0.46% over the last day. Bitcoin and Ether have shown divergent trends, with Ether reporting a modest increment of 0.61% and Bitcoin lagging, recording a 1.39% drop over the same period.

Top Movers of the Day (at 7 p.m. update):

• Starlink and Polymesh were the day’s top movers, having grown significantly in the last 24 hours, with Starlink surging by 23.29% since the 2 p.m. update.

Overview:  Over the past 24 hours, the cryptocurrency market has plummeted after peaking around 10 a.m.

1.  NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips,” the NWSBCT index shows a downward trajectory. The accompanying chart indicates an initial growth, peaking around 10 a.m., followed by a sustained decrease.
2. The 2100NEWS Indices:  The set of indices by 2100NEWS, which tracks varied cryptocurrency clusters, has registered losses ranging from -0.41% to -2.03% since midnight.
3. 2100NEWS Total Index (NWST1100): Representing a broad spectrum of the crypto market, this index tracks 1100 significant cryptocurrencies based on their market cap and has dropped by 1.82% over the last 24 hours.
4. Bitcoin and Ether have declined in the last 24 hours, with Ether decreasing by 1.17% and Bitcoin plummeting by 2.15% in the same timeframe.
   

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.

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

• Gala and Floki were the day’s top movers, having grown significantly in the last 24 hours.
• Powerledger has risen by 16.91% since the 9 a.m. update.

Overview:  The cryptocurrency market has consolidated over the past 24 hours.  NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips,” the NWSBCT Index shows a consolidating trend. It has experienced a mix of growth and retracement, indicating a volatile market. 2100NEWS Total Index (NWST1100): Representing a broad spectrum of the crypto market, this index tracks 1100 significant cryptocurrencies based on their market cap and has risen by 0.63% over the last 24 hours. Bitcoin and Ether: Ether has risen by 1.50%, and contrarily, Bitcoin has decreased by 0.40% over the same period.

Powerledger (POWR)

Power Ledger, based in Australia, encourages us to imagine a world where electricity is dependable, affordable, and clean for everyone. Powered by contracts on the Ethereum network, the peer-to-peer energy exchange platform, their most mature platform, aims to democratize energy trading with transparent systems that allow individuals and communities to select their power source. POWR is the utility token that users would escrow to use the platform in their dual token model, while Sparkz represents electricity credits tied to local fiat for marketplace participants. Both are used to create part of an economy where households that generate electricity can trade with their neighbors for a fair return.

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

• Gala and Liquty have grown significantly; Gala has risen by  17.73% since midnight.

Overview:  The cryptocurrency market has been bullish, experiencing a rise and consolidation over the past 24 hours.

1.  NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips,” the NWSBCT Index paints a picture of consolidation; the NWSBCT Index experienced a mid-day surge and a subsequent consolidation.
2. The 2100NEWS Indices: The array of indices provided by 2100NEWS, mapping the movements of varied token and coin clusters, presents gains registered from 0.43% to 2.39% since midnight.
3. 2100NEWS Total Index (NWST1100): Representing a broad spectrum of the crypto market, this index tracks 1100 significant cryptocurrencies based on their market cap and has risen by 1.39% over the last 24 hours.
4. Bitcoin and Ether have risen, respectively, by 1.40% and 1.22% over the same period.

Gala (GALA)

GALA claims to be designed to power the Gala Games ecosystem to support gaming re-imagined to benefit creators and players alike. Founded by greats from the gaming and blockchain industry, Gala Games is redefining the gaming world. All OLD-school gamers remember the sound of blowing the dust out of a Nintendo cartridge to get ready to play their favorite game or the pride you took in lining up your PlayStation games on a shelf in your bedroom.

Liquity (LQTY)

Liquity is a decentralized borrowing protocol that allows you to draw 0% interest loans against Ether used as collateral. Loans are paid out in LUSD – a USD-pegged stablecoin and need to maintain a minimum collateral ratio of only 110%.