Movers of the Day 25-Dec-2023

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

Top movers of the day are MATH and Dego Finance which has increased by 11.75% since 7 pm. Similarly, MATH is 11.60% higher.

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. 2100NEWS Indices ended between +1.51% and +6.46%. 2100NEWS Total Index (NWST1100) ended +2.56%. Bitcoin ended +1.66%, Ether ended +1.10%.

 

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.

 

DEGO

Dego Finance (DEGO)

2100NEWS ranking: 545, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 11 (Average for Small caps: 10)

Dego Finance is a token of DEGO Finance. DEGO claims to be a brand new idea for a sustainable Decentralized Finance (DeFi) ecosystem. DEGO adopts a modular design. Modularity refers to combining various product elements to form a subsystem with specific functions. We combine this subsystem as a universal module with other modules to create a new system with multiple functions and performance. DEGO equals LEGO in the DeFi world. With each DeFi protocol as a brick, like Stable Coin (DAI), Lending (Aave, Compound), DEX (Uniswap and Balancer), Derivatives (Synthetix), Insurance (Nexus Mutual), we will build a new dApp to enhance the value of DeFi, creating diversified investment portfolios and generating substantial financial returns for users. DEGO will become the entrance to the future of financial services.

 

7:10 p.m. update: Top movers of the day are MATH and Ampleforth Governance Token. Since 2 pm MATH has surged 45.16%, Ampleforth Governance Token is 29.99% higher. MetisDAO has increased by 9.65%.

The crypto markets still trended sideways. According to the yesterday’s closings the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have increased by 4.22%. 2100NEWS Total Index (NWST1100) is 2.21% higher. Bitcoin has increased by 1.29%, Ether only by 0.85%.

 

MATH

MATH (MATH)

2100NEWS ranking: 676, Blue chip Ethereum-based Token, Index member: NWST1100, NWSL100, NWS30, NWSTo100, NWSET100
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 5.9 (Average for Blue chips: 23.8)

MATH is a one-stop crypto solution platform that comprises MathWallet, MATH VPOS Pool, MathDEX, MATH dApp Store, MATH Staking, MATH Pay, and MATH Chain. Math Wallet is a multi-platform (mobile/desktop/hardware) universal crypto wallet that enables the storage of various crypto assets, which also supports cross-chain token exchange, and a multi-chain dApp store.

 

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

  • Kadena and rats (Ordinals): These cryptocurrencies have retained significant gains over 24 hours; rats (Ordinals), in particular, have registered a remarkable surge of 32.60% since the morning update.

Overview: Over the past 24 hours, the crypto market has trended sideways with a slight positive bias. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index showed resilience. After a sharp decline at 11 p.m., there was a recovery, indicating that market participants saw the dip as a buying opportunity, reflecting confidence. The 2100NEWS Indices: The array of indices provided by 2100NEWS, mapping the movements of varied token and coin clusters, presents a cheering picture. The synchronized uptrend, with gains ranging from 1.26% to 4.58% since midnight, is a positive sign. It indicates a broad-based bullish sentiment across different crypto segments. 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 0.13% in the last 24 hours. Bitcoin and Ether have shown decreases, with Bitcoin experiencing a 0.50% decline and Ether showing a minimal decrease of 0.06% over the previous 24 hours.

 

rats

rats [Ordinals] (RATS)

2100NEWS ranking: 3977, Index member: –
2100NEWS DA Orderbook Quality Evaluation Score: 8.2 

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 isamongf 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 creating and managing 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.

 

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

  • Kadena and Pocket Network: These cryptocurrencies have retained significant gains over 24 hours. Kadena, in particular, has registered a remarkable surge of 32.34% since midnight.

Overview: Over the past 24 hours, the crypto market has displayed a sideways trend with a negative inclination, suggesting some market uncertainty.

  1.  NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index exhibited a sharp decline around 11 p.m. but subsequently recovered, implying that buyers may have viewed the dip as a purchasing opportunity.
  2. The 2100NEWS Indices: The array of indices provided by 2100NEWS, mapping the movements of varied token and coin clusters, presents a cheering picture. The synchronized uptrend, with gains ranging from 0.42% to 2.76% since midnight, is a positive sign. It indicates a broad-based bullish sentiment across different crypto segments.
  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 0.33% in the last 24 hours.
  4. Bitcoin and Ether have experienced declines, with Bitcoin falling by 0.90% and Ether by 0.52% over the previous 24 hours.

 

KDA

Kadena (KDA)

2100NEWS ranking: 211, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 10.6 (Average for Coins: 15.1)

Kadena’s hybrid blockchain platform comprises a public blockchain, a permissioned network, and the Pact smart contract language.

 


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