Movers of the Day 1-Jan-2024

DALL·E 2024-01-01 10.53.45 - A futuristic, transparent coin with the number 2024 prominently displayed in the center. The background is a blurred image of a high-tech cityscape. T

Happy New Year 2024

 

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

Top movers of the day are Neon EVM and Sei. Since 7 pm Neon EVM has surged 15.81%, Sei has increased by 4.63%.

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 measured by 2100NEWS 100 Large Cap Index (NWSL100) ended +4.18%. 2100NEWS Total Index (NWST1100) ended +3.20%. Bitcoin ended +2.84%, Ether ended +2.61%.

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.

 

NEON

Neon EVM (NEON)

2100NEWS ranking: 314, Small cap , Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 8.4 (Average for Small caps: 10)

Neon EVM is an Ethereum Virtual Machine operating as a smart contract on Solana. It gives developers the power to directly deploy Ethereum dApps with no code change, while benefiting from Solana’s technical advantages, and is all built with security, decentralization, and sustainability top of mind.

 

7:10 p.m. update: Top movers of the day are Samoyedcoin and MetisDAO. Since 2 pm Samoyedcoin has surged 21.08%, MetisDAO is 19.24% higher. Perpetual Protocol has increased by 9.63%.

In the afternoon the crypto markets went up. Since 2 pm 2100NEWS Indices have increased up to 1.68%. 2100NEWS Total Index (NWST1100) is 0.52% higher. Similarly, Ether has increased by 0.54%, Bitcoin by 0.31%.

 

SAMO

Samoyedcoin (SAMO)

2100NEWS ranking: 572, Small cap Non-Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 3.7 (Average for Small caps: 10)

Samoyedcoin is Solana’s meme coin, aiming to be community-owned and fun. It was inspired by Dogecoin, Sam Bankman-Fried (CEO of Alameda Research and FTX), and Anatoly Yakovenko (co-founder of Solana), hence choosing the dog breed Samoyed, bringing these two giants together. It aims to help grow Solana’s ecosystem by appealing beyond its core, mostly composed of highly technological coins. The community is already strong, with SAMO only a few months old and growing larger by appealing to people who would not be interested in cryptocurrencies. It has all the upsides of Solana’s blockchain (high scalability, high speed, low fees) while being a fun cryptocurrency to trade.

 

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

  • Neon EVMand 1inch Network: These cryptocurrencies have continued to perform strongly, with significant increases over the last 24 hours.
  • WEMIX has risen by 11.68% since the morning update.

Overview: The crypto market has maintained a lateral trend without significant upward or downward movement.  NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has also trended sideways, reflecting the broader market’s stagnation. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.14% to 2.65% 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 experienced a slight decline of just 0.05% in the last 24 hours. Bitcoin and Ether:  Bitcoin has seen a moderate increase of 0.57%, while Ether has slightly decreased by 0.13%.

 

WEMIX

WEMIX (WEMIX) 

2100NEWS ranking: 91, Large-cap Non-Ethereum-based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSOT50, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 9 (Average for Large-caps: 18.1)

Wemix is a blockchain-based Global Gaming Platform developed by Wemade Tree, a subsidiary company of WEMADE as its flagship blockchain gaming services arm. “Wemix” is a platform for gaming dApps providing users with wallets and a marketplace for digital assets (fungible tokens, non-fungible tokens). Wemix envisions nurturing a blockchain gaming ecosystem with users’ “experiential value” at the core, while existing blockchain gaming projects focus on digital asset exchange. Core competencies for Wemix setting a new standard in the blockchain gaming scene are: “Sustainability” Wemade has been serving the global gaming industry for over 20 years; “Substance” Wemade has reached more than 600 million users worldwide with global mega-hit game titles, including ChuanQi (Legend of Mir); “Support” Wemade has ten subsidiaries and 10+ investments made into gaming companies with resources accessible for Wemix; “Scalability” Wemix platform adopted a hybrid “multi-chain” infrastructure (public-bridge-private) to address inherent scalability and transaction cost issues.

 

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

  • Ontology and 1inch Network: These cryptocurrencies have significantly increased over 24 hours. 1inch Network has surged by 22.69% since midnight.

Overview: The crypto market has shown little movement in either direction, with a slight negative bias indicating a minor downturn.

  1.  NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has also trended sideways, reflecting the broader market’s stagnation.
  2. 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 0.69% in the last 24 hours.
  3. Bitcoin and Ether have seen negligible decreases over the last 24 hours, with Bitcoin down by a mere 0.03% and Ether by a slightly more notable 0.41%.

 

1INCH

1inch Network (1INCH)

2100NEWS ranking: 107, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 14.3 (Average for Tokens: 16.3)

The 1inch Network unites decentralized protocols whose synergy enables the most lucrative, fastest, and protected operations in the DeFi space by offering access to hundreds of liquidity sources across multiple chains. The 1inch Network was launched at the ETHGlobal New York hackathon in May 2019 with the release of its Aggregation Protocol v1. Since then, 1inch Network has developed additional DeFi tools such as the Liquidity Protocol, Limit Order Protocol, P2P transactions, and 1inch Mobile Wallet.

ONT

Ontology (ONT)

2100NEWS ranking: 172, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 13.1 (Average for Coins: 15)

Ontology is an enterprise-grade blockchain network that provides secure and bespoke client chains. It combines several protocols to build a distributed trust system. These include protocols for smart contracts, identity, data, and information exchange. The Ontology network functions as a connector between several blockchains, and ONT is the network’s native token. Ontology was launched in 2017 by OnChain, an entity with ties to NEO.

 


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