Movers of the Day 28-Oct-2023

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

Top Movers of the Day:

  • Loom Network and Smooth Love Potion: Both have showcased impressive gains over the past day. Notably, Smooth Love Potion witnessed a surge of 29.40% since the morning update.

Overview: The cryptocurrency market has experienced a positive trend over the last day. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips,” the NWSBCT Index has experienced significant volatility; it started with an early morning uptick, followed by a swift drop, varied fluctuations, and concluded with a mild rise later on. The 2100NEWS Indices:  The collection of indices from 2100NEWS, which observes different crypto sectors, recorded gains between 0.21% and 1.76% post the 9 a.m. update. 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 1.09% over the last day. Bitcoin and Ether: Bitcoin’s price has risen by 1.04%, while Ether has shown a marginal increase of 0.17% in the same timeframe.

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.

 

SLP

Smooth Love Potion (SLP)

2100NEWS ranking: 234, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 16.9, (Average for Mid-caps: 13.3)

Small Love Potion is an ERC-20 token that can be used on the Ethereum blockchain. Axie Infinity is a game (dapp) that runs on the Ethereum blockchain, where users can collect, raise, breed, and battle virtual creatures called axies. Axies are similar to real-life pets, and each one has its own unique traits and appearance.

 

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

  • RACA and Qtum: These two cryptocurrencies have shown the most significant gains in the past 24 hours.
  • Loom Network has risen by 15.40% since midnight.

Overview: The cryptocurrency market initially declined until 8 p.m., but later, it recovered, leading to an overall sideways trend in the last 24 hours.

  1. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips,” the NWSBCT Index showcased a trend of consolidation where the price dipped until about 8 p.m. but managed to recover subsequently, hovering around its initial level.
  2. The 2100NEWS Indices:  The set of indices by 2100NEWS, which tracks varied cryptocurrency clusters, has registered gains ranging from 0.47% to 1.28% 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 experienced a minor decrease of 0.16% over the last 24 hours.
  4. Bitcoin and Ether have shown marginal decreases, with Bitcoin’s price decreasing by 0.32% and Ether’s by 0.37% in the same timeframe.
LOOM

Loom Network (LOOM)

2100NEWS ranking: 118, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 13.3 (Average for Tokens: 16.2)

Risk Warning: This project will likely have higher volatility and/or higher risks than other listed tokens. DYOR.

Loom Network is a Platform as a Service built on top of Ethereum, allowing developers to run large-scale decentralized applications. This lets developers build DApps with the trust and security of the world’s most secure public blockchain and the computing resources necessary to run commercial-scale services. Like Filecoin tokenized disk space, Loom aims to be the tokenized application protocol of the new decentralized web.

 

RACA

Radio Caca (RACA)

2100NEWS ranking: 487, Small cap Non-Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 9.3, (Average for Small caps: 9.9)

Radio Caca is the exclusive manager of Maye Musk Mystery Box (MPB) NFT and DeFi+GameFi vehicle for The USM Metaverse. Maye Musk MPB has entered the NFTs’ current top four “brands” and highest-valued NFT batches club (CryptoPunks, Hashmasks, Bored Ape Yacht Club, and Maye Musk Mystery Box). USM Lab is the creator of the USM and the P2E blockchain game. The Universal Metaverse (USM) is a 3D Planet virtual world where users can own lands, build buildings such as stores and art galleries, and create and play games.

 


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