Movers of the Day 15-Nov-2023


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

Top Movers of the Day:

  • Kaspa and Bonk: These cryptocurrencies have shown remarkable performance, with Bonk increasing by 11.87% since the 7 p.m. update and achieving an impressive 358% gain in November.

Overview: The past 24 hours have witnessed a soaring crypto market, indicating a strong bullish trend. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The NWSBCT Index has soared. The associated chart reflects this with a steady increase and a notable jump around 7 p.m. 2100NEWS Indices: The collection of indices from 2100NEWS, which observes different crypto sectors, recorded gains from 1.53% to 3.11% 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. It has soared 5.62% in the last 24 hours, indicating a broad market upturn. Bitcoin and Ether have shown substantial gains, with Bitcoin soaring by 6.23% and Ether surging by 3.50% in the same period, reinforcing the overall positive momentum within the market.

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 (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):

  • Render Token and Bonk have led the performance charts in the past 24 hours, with Render Token notably increasing by 16.72% since the 2 p.m. update.

Overview: Over the previous 24 hours, the crypto market has rebounded strongly after testing its support levels around 8 p.m. yesterday.

  1. NWSBCT   Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The NWSBCT Index dipped around 8 p.m. but showed a sharp recovery afterward. The red areas on the graph indicate periods when the index dropped below its initial level, pointing to temporary declines.
  2. 2100NEWS Indices: The collection of indices from 2100NEWS, which observes different crypto sectors, recorded gains from 2.20% to 6.80% 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 ca. Itd has risen by 1.49% in the last 24 hours, indicating a broad market upturn.
  4. Bitcoin and Ether: In contrast to each other, Bitcoin has achieved a rise of 0.90%, whereas Ether has decreased by 0.83% during 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 of the last 24 hours until 7 p.m. Therefore, it may not accurately represent the current market conditions at the time of your inquiry.

 

RNDR

Render Token (RNDR)

2100NEWS ranking: 53, Large-cap Ethereum-based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 13.9 (Average for Large-caps: 18.3)

RenderToken is a distributed GPU rendering network built on top of the Ethereum blockchain. It aims to connect artists and studios needing GPU computing power with mining partners willing to rent their GPU capabilities out. RNDR is an ERC-20 utility token used by artists on the network to exchange for GPU compute power from GPU providers (node operators).

 

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

  • Kaspa and Bonk: These cryptocurrencies have been identified as the best performers in the past 24 hours.
  • Cronos: Since the morning update, Cronos has experienced a significant rise, increasing by 17.66%.

Overview: Over the previous 24 hours, the crypto market has rebounded strongly after testing its support levels around 8 p.m. However, Bitcoin and Ether rebounded differently than other cryptocurrencies, hinting that traders may shift their investments from these major coins to alternative tokens that appreciate more rapidly.

NWSBCT   Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The NWSBCT Index showed a dip around 8 p.m. but has since rebounded sharply. The red areas on the graph indicate periods when the index dropped below its initial level, pointing to temporary declines. 2100NEWS Indices: The collection of indices from 2100NEWS, which observes different crypto sectors, recorded gains between 1.77% and 6.04% 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 risen by 1.09% in the last 24 hours. Bitcoin and Ether have experienced losses in contrast to the general market trend, with Bitcoin down by a slight 0.09% and Ether by 0.59% in the same period.

 

CRO

Cronos (CRO)

2100NEWS ranking: 33, Large-cap Ethereum-based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSET100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 17.1 (Average for Large-caps: 18.3)

Crypto.com Coin (CRO) is the native cryptocurrency token of Crypto.com Chain — a decentralized, open-source blockchain developed by the Crypto.com payment, trading, and financial services company. Crypto.com Chain is one of the products in Crypto.com’s lineup of solutions designed to accelerate the global adoption of cryptocurrencies to increase personal control over money, safeguard user data, and protect users’ identities. The CRO blockchain serves primarily as a vehicle that powers the Crypto.com Pay mobile payments app.

 

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

  • Aergo and Bonk: These two cryptocurrencies have emerged as the top performers over the last 24 hours. Bonk has seen a significant surge of 31.67% since midnight, indicating a bullish movement for these particular assets.

Overview: Overall, the crypto market appears to have tested its support levels in the last 24 hours, with prices showing signs of recovery from a previous downward trend. However, Bitcoin and Ether’s price movements are not in sync with other cryptocurrencies.

  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 around 8 p.m. 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. During the testing of support, Bitcoin and Ether rebounded differently than other cryptocurrencies, hinting that traders are possibly shifting their investments from these major coins to alternative tokens that are appreciating more rapidly. For example, the tokens represented by the NWSET100 index in the picture only fell by 0.53% in the same period.
  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 2.30% in the last 24 hours.
  4. Bitcoin and Ether have seen significant losses, with Bitcoin down by 3.00% and Ether by 3.79%, suggesting a stronger negative trend within the market for these cryptocurrencies than others during the same timeframe.

 

AERGO

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.



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