Movers of the Day 1-Dec-2023

December 1, 202315min201

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

Top movers of the day are Alchemix and AIOZ Network. Since 7 pm Alchemix has surged 20.40%, AIOZ Network has increased by 3.85%.

The crypto markets finished the day higher as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. The large caps represented by 2100NEWS 100 Large Cap Index (NWSL100) ended +1.79%. The mid caps measured by 2100NEWS 200 Mid Cap Index (NWSM200) ended +1.84%. Moreover, Bitcoin ended +2.70%, Ether ended +2.11%.

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.

 

ALCX

Alchemix (ALCX)

2100NEWS ranking: 430, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 12 (Average for Small caps: 10)

Alchemix Finance is a future-yield-backed synthetic asset platform and community DAO. The platform gives you advances in yield farming via a synthetic token representing a fungible claim on any underlying collateral in the Alchemix protocol. The DAO will focus on funding projects to help the Alchemix ecosystem grow and the greater Ethereum community.

 

7:10 p.m. update: Top movers of the day are Pocket Network and XCAD Network which has increased by 8.98% since 2 pm. Pocket Network is 8.49% higher.

In the afternoon the crypto markets were still up. Since 2 pm 2100NEWS Indices have increased up to 0.88%. 2100NEWS Total Index (NWST1100) is 0.69% higher. Ether has increased by 0.33%, Bitcoin even by 1.08%.

 

XCAD

XCAD Network (XCAD)

2100NEWS ranking: 478, Small cap Non-Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 5.9 (Average for Small caps: 10)

XCAD Network is a global platform harnessing the power and value of Content Creator audiences via Creator tokenization, allowing viewers to earn rewards and govern Creator’s decisions via a plugin which works directly on YouTube.

 

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

  • AIOZ Network and Star Atlas: These cryptocurrencies have posted significant gains over the last 24 hours.
  • Siacoin experienced a 17.15% rise since the morning update, making it one of the day’s top performers.

Overview: The cryptocurrency market has surged in 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 surged, indicating a positive trend among the more stable and well-known coins within the last 24 hours. 2100NEWS Indices: The collection of indices from 2100NEWS, which covers various segments of the crypto market, has seen gains ranging between 1.04% and 2.12% since midnight, reflecting a widespread uplift in the crypto market. 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 risen by 1.30% in the last 24 hours. Bitcoin and Ether have seen price increases, with Bitcoin rising by 1.36% and Ether by 2.04%, further underscoring the current bullish market sentiment.

 

SC

Siacoin (SC)

2100NEWS ranking: 163, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 11.3 (Average for Coins: 15)

Sia is a decentralized storage system. Users worldwide can contribute disk storage from their computers to create a decentralized network. With Sia cryptos, users can easily rent storage from hosts on the Sia system, which is achieved through smart storage contracts saved on the distributed Sia blockchain.

 

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

  • Pocket Network and Star Atlas: These cryptocurrencies have posted significant gains over the last 24 hours. Pocket Network experienced a 14.28% rise since midnight, making it one of the day’s top performers.

Overview: The cryptocurrency market has seen a notable upswing 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 has surged, indicating a positive trend among the more stable and well-known coins within the last 24 hours.
  2. 2100NEWS Indices: The collection of indices from 2100NEWS, which covers various segments of the crypto market, has seen gains ranging between 1.05% and 2.00% since midnight, reflecting a widespread uplift in 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 risen by 1.53% in the last 24 hours.
  4. Bitcoin and Ether have contributed to this growth, with Bitcoin up by 1.19% and Ether outpacing with a 2.85% rise, highlighting a bullish sentiment in the market.

 

POKT

Pocket Network (POKT)

2100NEWS ranking: 377, Small cap, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 4.2, (Average for Small caps: 9.9)

Pocket Network is a decentralized blockchain data platform – a protocol built to connect to any blockchain and service the data demands of Web3 dApps. Pocket Network uses cost-efficient economics to coordinate and distribute data at scale, using the POKT token to facilitate the protocol’s service. Pocket Network nodes act as the middle layer that connects the protocol’s 50+ supported blockchains with their ecosystems of dApps that require data from the chain. The network runs on a Proof-of-Stake (PoS) consensus mechanism that offers scalability and data consistency for dApps. POKT is the native utility token used on both sides of the Pocket Network ecosystem – with node runners and Web3 developers.

 

TAO

Bittensor (TAO)

2100NEWS ranking: 455, Small cap, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 8.2, (Average for Small caps: 9.9)

Bittensor is an open-source protocol that powers a decentralized, blockchain-based machine-learning network. Machine learning models train collaboratively and are rewarded in TAO according to the informational value they offer the collective. TAO also grants external access, allowing users to extract information from the network while tuning its activities to their needs. Ultimately, our vision is to create a pure market for artificial intelligence, an incentivized arena in which consumers and producers of this valuable commodity can interact in a trustless, open, and transparent context. Bittensor enables a novel, optimized strategy for developing and distributing artificial intelligence technology by leveraging the possibilities of a distributed ledger. Specifically, it facilitates open access/ownership, decentralized governance, and the ability to harness globally distributed computing power resources and innovation within an incentivized framework. An open-source repository of machine intelligence, accessible to anyone, anywhere, thus creating the conditions for open and permission-less innovation on a global internet scale; Distribution of rewards and network ownership to users in direct proportion to the value they have added.

 



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