Movers of the Day 15-Dec-2023

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

Top movers of the day are MAP Protocol and Polkastarter. Since 7 pm MAP Protocol has surged 23.62%, Polkastarter has increased by 14.01%.

The crypto markets finished the day lower as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS Indices ended between -1.21% and -3.68%. 2100NEWS Total Index (NWST1100) ended -2.64%. Bitcoin ended -2.25%, Ether ended -3.35%.

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.

MAP Protocol (MAP)

MAP Protocol is an open, fully decentralized, chain-to-chain interoperation protocol that enables the interoperability of multiple independently verifiable consensus blockchains without a relay chain. MAP Protocol expects to construct a future inter-chain-net, which is interoperable and chain-to-chain based. The ecosystem built on MAP Protocol can provide a solid infrastructure for DeFi, DEX, AI, IoT, traceability, and governance filed by cross-chain communication, privacy computation, shared storage, etc.

7:10 p.m. update: Top movers of the day are the token of rats and Frontier which has surged 22.83% since 2 pm. The token of rats has increased by 3.24%. Bonk is 0.85% higher.

In the afternoon the crypto markets went down. Since 2 pm the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have decreased by 0.94%. 2100NEWS Total Index (NWST1100) is 1.43% lower. Ether has fallen by 1.36%, Bitcoin even by 1.84%.

Frontier (FRONT)

Frontier is a chain-agnostic DeFi aggregation layer. With applications, users can participate in protocol tracking and management, staking, best-rate asset swapping, liquidity provision, CDP creation & monitoring, and more. In short, Frontierʼs core mission is to bring the essential pieces of DeFi to users across whichever platforms they prefer.

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

• Bonk and rats: These two cryptocurrencies have experienced substantial gains in the previous 24 hours
• Polkastarter has soared 36.91% since the morning update, positioning it as a standout performer of the day.

Overview: The crypto market has experienced shifts between bullish and bearish sentiment, with the latest trend indicating that sellers may currently be dominating the market action over the previous 24 hours. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The NWSBCT Index has fallen over the last 24 hours. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, report losses ranging from -0.66 to -2.21% 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 fallen by 1.12% in the last 24 hours, indicating an overall market downturn. Bitcoin and Ether Bitcoin has fallen by 1.05% and Ether by 1.64% over the same time.

Polkastarter (POLS)

Polkastarter is a protocol built for cross-chain token pools and auctions, enabling projects to raise capital on a decentralized, permissionless, and interoperable environment based on Polkadot. The platform allows cryptocurrency projects to raise funds by setting up a swap pool based on a fixed purchase rate for tokens. These so-called “Fixed Swap Pools” have many advantages for token sale investors over traditional fundraising models like ICOs, IEOs, and IDOs (Initial DEX Offerings). Fixed Swap Pools will maintain the token price throughout the sale until the initial supply is bought.

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

• Bonk and rats: These two cryptocurrencies have experienced substantial gains over the last 24 hours, with Bonk soaring 54.78% since midnight, positioning it as a standout performer of the day.

Overview: While specific cryptocurrencies like Bonk have experienced substantial growth, the broader market faces some negative pressure, resulting in a general trend of sell-offs over the previous 24 hours.

1.  NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The NWSBCT Index decreased; post-peak, the index started a gradual and consistent downtrend, suggesting a shift towards selling sentiment or profit-taking activities.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, report losses ranging from -0.88 to -2.22% 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 has decreased by 0.34% in the last 24 hours.
4. Bitcoin and Ether have experienced modest decreases, with Bitcoin down by 0.47% and Ether by 0.48% over the same time.

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.”

rats [Ordinals] (RATS)

RATS is a BRC-20 meme token on the Bitcoin blockchain with a significant total supply, designed for trading and potentially driven by community interest and viral trends. The RATS BRC-20 token is one of the most popular meme coins on the Bitcoin blockchain. It was created by the Ordinals protocol and using satoshis, following the BRC-20 standard. This standard allows for the creation and management of tokens on Bitcoin’s network. As a meme token, RATS primarily derives its value and utility from community interest and popularity rather than underlying technical or economic functionalities. Regarding technical operation, RATS tokens are inscribed on the Bitcoin blockchain, a process that records their details and transactions. Users can trade, hold, or engage with these tokens through cryptocurrency exchanges that support BRC-20 tokens.