Movers of the Day 22-Nov-2023

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

Top Movers of the Day:

• Blur and FTX Token: These cryptocurrencies have performed remarkably over the last day.
• Helium has risen by 10.55% since the 7 p.m. update.

Overview: Overall, the crypto market has seen a strong rebound from the support, with a soaring trend 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 soared. The associated chart reflects this with a steady rise. 2100NEWS Indices: The collection of indices from 2100NEWS, which observes different crypto sectors, recorded gains from 1.87% to 2.79% since the 7 p.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. It has soared 4.72% in the last 24 hours, indicating a broad market upturn. Bitcoin and Ether have shown substantial gains. Bitcoin’s 2.77% increase and Ether’s 6.09% soar further confirm 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.

Helium (HNT)

Launched in July 2019, Helium is a decentralized wireless network that allows low-power smart devices to send and receive data to the internet. Miners earn HNT for providing network coverage and relaying data to the internet using Hotspot hardware.

7:10 p.m. update: The day’s top movers are LCX and Cortex. Since 2 p.m., LCX has surged by 31.22%, and Cortex has increased by 10.01%.

The crypto markets were higher. Over the past 24 hours, the tokens built on Ethereum represented by 2100NEWS Ethereum Based Index (NWSET100) have increased by 0.93%. 2100NEWS Total Index (NWST1100) is 0.12% higher. Ether has risen by 2.85%, while Bitcoin has decreased by 1.12%.

LCX (LCX)

LCX, the Liechtenstein Cryptoassets Exchange, aims to become one of the world’s first licensed and supervised security token exchanges. The initial product is LCX Terminal, a crypto trading desk to trade on significant crypto exchanges within a single interface. In November 2018, LCX claimed to have been granted a Business License from the Liechtenstein Ministry of Economic Affairs. LCX AG was founded in April 2018 and is headquartered in the Principality of Liechtenstein.

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

• FTX Token and Blur have continued to outperform the market over the last 24 hours, with FTX Token registering a 12.45% increase since the morning update.

Overview: In the crypto market, a significant rebound was observed after testing a critical support level around 1 a.m., which had previously acted as a resistance level (R1), as mentioned in the 2100NEWS WEEKLY CRYPTO REPORT Nov-17. NWSBCT. This indicates that the market has shown resilience by turning a previous resistance level into a support level, a standard bullish indicator in technical analysis. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The NWSBCT Index has exhibited a pattern consistent with the broader market. It had a substantial drop until around 4 p.m., followed by a significant recovery, forming a peak, then another decline, and starting around 1 a.m., a rebound took place. 2100NEWS Indices: The collection of indices from 2100NEWS, which observes various crypto sectors, recorded gains from 1.41% to 5.83% 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 fell by 1.73% in the last 24 hours. Bitcoin and Ether: Bitcoin dropped by 1.71%, which aligns with the general market downtrend, while Ether went against the trend slightly, increasing by 0.36% in the same period.

FTX Token (FTT)

FTX is owned by FTX Trading LTD, a company incorporated in Antigua and Barbuda. Alameda Research, a cryptocurrency liquidity provider, incubated FTX. On November 11, 2022, and November 14, 2022, FTX Trading Ltd. and 101 affiliated debtors (collectively, the “Debtors”) each filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. Exhibit(s) (Notice of Filing Hearing Presentation) Filed by FTX Trading Ltd.. (Attachments: # 1 Exhibit A)

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

• FTX Token and Blur have been the standout performers, demonstrating the highest gains over the last 24 hours.
• Bonk has seen a surge of 24.95% since midnight.

Overview: Over the last 24 hours, the crypto market has been through a volatile 24-hour period with two notable dips, the lowest point being around 1 a.m., after which the market has shown signs of recovery.

1. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The NWSBCT Index has followed a similar pattern to the broader market, with a significant drop until around 4 p.m., reaching a low. A substantial rebound formed a peak, followed by another decline and recovery around 1 a.m.
2. 2100NEWS Indices: The collection of indices from 2100NEWS, which observes various crypto sectors, recorded gains from 0.81% to 4.70% 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; it dropped by 2.30% in the last 24 hours.
4. Bitcoin and Ether: Bitcoin has dropped by 2.14%, which aligns with the general market downtrend. Although declining, Ether has shown a smaller decrease of 0.57% in the same timeframe.

Bonk (BONK)

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.”