Movers of the Day 14-Nov-2023

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

Top Movers of the Day:

• Dexe and Aergo have demonstrated resilience amid the market downturn, registering notable gains. Their positive performance contrasts with the broader market sentiment.
• Bonk stands out with a 9.46% increase since the 7 p.m. update, highlighting its performance during the general market decline.

Overview: The crypto market has plummeted over the last 24 hours, with most indices and major cryptocurrencies showing negative trends. The gains in Dexe and Aergo stand out as exceptions in the otherwise bearish market. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The NWSBCT Index plummeted, reaching a low around 8 p.m., but has recovered since then. The 2100NEWS Indices:  The collection of indices from 2100NEWS, which observes different crypto sectors, recorded losses between -0.16% and -1.61% since the 7 p.m. update, suggesting a downturn across various 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; it has dropped by 2.24% in the last 24 hours, indicating an overall market downturn. Bitcoin and Ether have experienced significant declines, with Bitcoin falling by 2.64% and Ether plummeting by 3.78%, which suggests a more significant negative trend in the market during the same period.

The criteria upon which these specific cryptocurrencies and indices have been highlighted are detailed in supplemental notes. The provided data offers a snapshot of the last 24 hours until midnight. Therefore, it may not accurately represent the current market conditions at the time of your inquiry.

 

Bonk (BONK)

2100NEWS ranking: 574, Small cap Non-Ethereum-based Token, Index member: NWST1100, NWSS300

2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 7.6 (Average for Small caps: 10)

BONK is the first dog-themed coin on Solana “for the people, by the people,” with 50% of the total supply of the cryptocurrency airdropped to the Solana community. BONK is similar to Shiba Inu (SHIB) and Dogecoin (DOGE) meme coin; it was launched on December 25, 2022, and led to an increase in the price of the SOL token (a rise of 34% in 48 hours). Trading began on December 30, 2022, arousing genuine interest from the crypto community. The team’s primary goal is to bring back liquidity to Solana-based decentralized exchanges (DEXs). The idea of the developers was to create a full-fledged community coin that would be used across all the dApps built on Solana, and each user would have the opportunity to become part of the ecosystem, “where everyone gets a fair shot”.

 

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

• Celestia and Aergo: Despite the overall market slump, Celestia and Aergo have shown notable gains. Celestia has increased by 14.94% since the 2 p.m. update.

Overview: The crypto market has plummeted over the last 24 hours, with most indices and major cryptocurrencies showing negative trends. The gains in Celestia and Aergo stand out as exceptions in the otherwise bearish market.

1. NWSBCT   Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The NWSBCT Index has plummeted, aligning with the broader market trend.
2. The 2100NEWS Indices:  The collection of indices from 2100NEWS, which observes different crypto sectors, recorded losses between -0.17% and -1.23% since midnight, suggesting a downturn across various crypto sectors.
3. 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 dropped by 1.88% in the last 24 hours, indicating an overall market downturn.
4. Bitcoin and Ether: Bitcoin and Ether have seen declines in their values, with Bitcoin dropping by 1.42% and Ether by 2.39% in the same timeframe.

 

Celestia (TIA)

2100NEWS ranking: 214, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100

2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 14, (Average for Mid-caps: 13.1)

Celestia is a new technology that powers, scales and secures web3 applications. To achieve this, Celestia introduces a new blockchain architecture to solve the core scaling challenges of today’s blockchains. This new architecture is what we call modular blockchains.

 

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

• Bitget Token and Aergo have outperformed other cryptocurrencies, with Aergo notably increasing by 29.51% since the morning update, highlighting significant volatility and gains in these assets.

Overview: The overall crypto market has sustained its pullback, with sector-specific indices and major cryptocurrencies like Bitcoin and Ether experiencing declines over the last 24 hours. NWSBCT  Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The NWSBCT Index has fallen. The adjacent chart illustrates that the index did not fully recover, so there has been a sharp decline starting around 10 a.m., as indicated by the descending steep red line. The 2100NEWS Indices:  The collection of indices from 2100NEWS, which observes different crypto sectors, recorded losses between -0.65% and -1.49% since midnight, suggesting a downturn across different 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; it has dropped by 2.18% in the last 24 hours, indicating an overall market downturn. Bitcoin and Ether have declined, with Bitcoin decreasing by 1.58% and Ether by 1.18%, reflecting the broader market pullback in the same timeframe.

 

Aergo (AERGO)

2100NEWS ranking: 271, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSDM100

2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 13.2 (Average for Mid-caps: 13.1)

Aergo is an open-source enterprise blockchain platform optimized for hybrid deployments, consisting of permissioned and permissionless blockchain architectures. It includes support for SQL, allowing for easy data handling and familiar smart contract programming for developers. Blocko, the Samsung-backed South Korean blockchain technology company, built and utilized the platform. According to Korean media sources, it has deployed production blockchain solutions for large-scale clients, including Lotte Card, Shinhan Bank, Korea Exchange, Hyundai Motors, and more.

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

• Memecoin and  Floki: These two cryptocurrencies have emerged as the top performers over the last 24 hours. Floki has seen a significant rise of 10.03% since midnight, indicating a bullish movement for these particular assets.

Overview: Overall, the crypto market appears to have recovered after experiencing a pullback over the last 24 hours, indicating that prices are bouncing back from a downward trend.

1. NWSBCT  Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The NWSBCT Index has illustrated a dip followed by a recovery within the 24-hour frame. The red areas on the graph denote times when the index’s value fell below its starting point, indicating temporary declines.
2. The 2100NEWS Indices:  The collection of indices from 2100NEWS, which observes different crypto sectors, recorded gains between 0.08% and 1.93% since midnight, reflecting a general rebound across various sectors of the crypto market.
3. 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 0.89% in the last 24 hours.
4. Bitcoin and Ether have had mixed performance; Bitcoin has decreased by 0.77%, while Ether has seen a modest increase of 0.51% in the same timeframe.

 

FLOKI (FLOKI)

2100NEWS ranking: 114, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100, NWSDM100

2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 12.7, (Average for Tokens: 16)

Floki is the people’s cryptocurrency and the utility token of the Floki Ecosystem. It is a cryptocurrency birthed by fans and members of the Shiba Inu (SHIB) community and is inspired by (and named after) Elon Musk’s Shiba Inu. Floki Inu wants to differentiate itself from other meme coins by combining memes with utility. The team’s long-term vision is to create an autonomous and decentralized ecosystem, including strategic partnerships, building utility on the token, and developing use cases for the Floki Inu brand through NFTs, games, and decentralized finance features.

 

Meme (MEME)

2100NEWS ranking: 598, Small cap Ethereum based Token, Index member: NWST1100, NWSS300

2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 6.5, (Average for Small caps: 8.3)

Meme is an experimental protocol mashing up some of the most exciting innovations in DeFi and crypto collectibles.