Movers of the Day 1-Nov-2023
Tokens and coins that moved the most in the last 24 hours:
Top Movers of the Day:
- Raydium and SushiSwap are the leading cryptocurrencies in terms of growth over the last day. SushiSwap, in particular, has experienced a significant surge of 24.81% since the previous evening update.
Overview: The crypto market has popped, likely influenced by the decision of the Federal Reserve to maintain stable interest rates. 
NWSBCT Index for Blue Chips: Looking at the more established cryptocurrencies, colloquially known as the “Blue Chips,” the NWSBCT Index has surged, as evident in the chart. A noticeable peak was observed around 2 p.m., followed by a slight dip, and then a strong upward movement starting from 4 p.m. in anticipation of the Federal Reserve’s decision. The 2100NEWS Indices: The collection of indices from 2100NEWS, which observes different crypto sectors, recorded gains between 1.80% and 4.28% since 7 p.m. 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 surged by 2.24% over the last day. Bitcoin and Ether have both observed growth, with Bitcoin rising by 1.87% and Ether by 1.72% during the mentioned timeframe.
7:10 p.m. update: The top movers of the day are Raydium and Solana. Since 2 p.m., Raydium has surged 35.07%, and Solana has increased by 9.59%. LooksRare is 6.32% higher, while Status is 8.97% lower.
The crypto markets trended sideways over the past 24 hours. In that time, 2100NEWS Indices have increased up to 2.86%. 2100NEWS Total Index (NWST1100) is 0.56% higher. Bitcoin has increased by 0.34%, Ether only by 0.21%.
Raydium (RAY)
| 2100NEWS ranking: 316, Small cap Non-Ethereum-based Token, Index member: NWST1100, NWSS300, NWSOT50 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 16.5 (Average for Non-Ethereum-based Tokens: 13.9) |
Raydium is an automated market maker (AMM) platform built on Solana, where users can swap, trade, and provide liquidity to earn a yield on digital assets. However, unlike other AMM platforms, Raydium’s AMM provides on-chain liquidity to Serum’s central limit order book, meaning that Raydium’s users and liquidity pools have access to the order flow and liquidity of the entire Serum ecosystem and vice versa.
Top Movers of the Day (at 2 p.m. update):
- JUST and Status are the leading cryptocurrencies in growth over the last 24 hours, with JUST experiencing a significant surge of 16.17% since the morning update.
Overview: The overall sentiment in the crypto market has been optimistic in the past 24 hours. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The NWSBCT Index has seen a general increase over the last 24 hours. However, there was a decline after reaching its peak at around 2 a.m., followed by a resurgence. 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 0.84% in the last 24 hours. Bitcoin and Ether: Bitcoin has surged by 1.36%, and Ether has also seen a rise, but at a slightly lower rate of 0.73% during the same timeframe.
JUST (JST)
| 2100NEWS ranking: 108, Mid-cap Non-Ethereum based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSOT50 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 16.8 (Average for Tokens: 16.2) |
JUST aims to build a fair, decentralized financial system that provides stablecoin lending and governance mechanisms for users worldwide. JUST is a two-token system. The first token, USDJ, is a stablecoin pegged to the US Dollar at a 1:1 ratio and is generated by collateralizing TRX via JUST’s CDP portal. JST, the second token, can be used for paying interest, platform maintenance, participating in governance through voting, and other activities on the JUST platform. JUST allows all transactions, collateralization, and governance to be transparently executed on-chain. JUST is built on the TRON Network, the largest decentralized application ecosystem, and aims to provide a set of easy-to-use and transparent financial services for all its members.
Top Movers of the Day (at 9 a.m. update):
- SushiSwap and Status are leading the way today. The growth of Status stands out with an 18.22% increase since midnight.
Overview: The crypto market exhibits a generally optimistic tone. Even though some sectors and indices experienced slight declines, the majority of significant cryptocurrencies and their respective indices have posted gains in the past 24 hours.
- NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The NWSBCT Index has shown an upward trend over the past 24 hours, although there was a noticeable retracement post the peak, around 2 a.m.
- The 2100NEWS Indices: The collection of indices from 2100NEWS, which observes different crypto sectors, recorded losses between -0.16% and -1.00% since midnight.
- 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 reported a modest growth of 0.62% in the last 24 hours.
- Bitcoin and Ether: Bitcoin grew by 0.94%, while Ether followed closely with a 0.82% growth during the same timeframe.
Status (SNT)
| 2100NEWS ranking: 179, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSET100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 13.8 (Average for Ethereum-based Tokens: 16) |
Status is a messenger, crypto wallet, and Web3 browser built with state-of-the-art technology. Status strives to be a secure communication tool that upholds human rights. They enable community money and community law and, through privacy, preserve culture.
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Litecoin