Movers of the Day 2-Jan-2024

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

Top movers of the day are Perpetual Protocol and Velas which has increased by 13.63% since 7 pm. Perpetual Protocol is slightly higher (+0.90%).

Most cryptocurrencies 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 non-Ethereum tokens measured by 2100NEWS NonEthereum Based Index (NWSOT50) ended +1.13%. 2100NEWS Total Index (NWST1100) ended +1.80%. Bitcoin ended +3.49%, Ether ended +1.24%.

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.

Velas (VLX)

Velas ™ is self-learning and self-optimizing blockchain platform for secure, interoperable, extremely scalable transactions and smart contracts. The Velas blockchain uses neural networks optimized by artificial intelligence to enhance its consensus algorithm, which maintains decentralization, stability, and security.

7:10 p.m. update: Top movers of the day are SKALE and Perpetual Protocol which has surged 15.96% since 2 pm. SKALE has increased by 6.05%. Astar is 5.88% higher.

In the afternoon he crypto markets stopped going up. In the last 24 hours the large caps represented by 2100NEWS 100 Large Cap Index (NWSL100) have increased by 0.94%. Moreover, 2100NEWS Total Index (NWST1100) is 3.20% higher. Ether has increased by 2.06%, Bitcoin even by 5.21%.

Perpetual Protocol (PERP)

Perpetual Protocol is a decentralized perpetual contract protocol for every asset, made possible by a Virtual Automated Market Maker (vAMM). Like Uniswap, traders can trade with our vAMMs directly without needing counterparties. The vAMMs provide guaranteed on-chain liquidity with predictable pricing set by constant product curves. The vAMMs are also designed to be market-neutral and fully collateralized. PERP holders can become stakers by staking the PERP tokens in their possession in a Staking Pool. In return, stakers are rewarded with a portion of the transaction fees in stablecoins plus staking rewards in PERP.

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

• SKALE and Lisk: These cryptocurrencies have significantly increased over 24 hours. Lisk has surged by 26.33% since the morning update.

Overview: The cryptocurrency market momentum has been significantly positive, with Bitcoin leading the charge, showing an increase of 6.21%. This substantial surge in Bitcoin’s value significantly impacts the broader cryptocurrency landscape, contributing to the prevailing bullish sentiment. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has followed suit, reflecting this overall market growth with notable gains. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 1.52% to 3.70% 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 soared 4.97% in the last 24 hours. This surge is a clear indicator of the bullish sentiment that is currently dominating the market. Bitcoin and Ether: Ether, paralleling Bitcoin’s strong performance, has also seen impressive growth, with a surge of 3.76% over the same period. The continued growth in Bitcoin and Ether’s value suggests a strong start to the year for the crypto market.

Lisk (LSK)

Established in May 2016, Lisk is an open-source project focused on blockchain accessibility. Lisk’s ecosystem allows everyone to benefit from blockchain technology through developer tools, cryptocurrency wallets, and a vibrant community.

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

• SKALE and Raydium: These cryptocurrencies have significantly increased over 24 hours. Raydium has surged by 22.69% since midnight.

Overview: The cryptocurrency market has kicked off the year with a robust rally. The broader market’s momentum has been underscored by the impressive performance of Bitcoin, which has climbed by 7.20%. This rise in Bitcoin’s value is crucial to the positive trend observed across the cryptocurrency landscape.

1.  NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has mirrored this upward trend, reporting significant gains.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 1.75% to 4.01% 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 soared 6.20% in the last 24 hours. This substantial surge indicates the bullish sentiment currently prevailing in the market.
4. Bitcoin and Ether: Alongside Bitcoin, Ether has also shown impressive growth, soaring 4.50% over the same period.

Raydium (RAY)

Raydium is an automated market maker (AMM) platform built on Solana, where users can swap, trade, and provide liquidity to earn a yield on digital assets. However, unlike other AMM platforms, Raydium’s AMM provides on-chain liquidity to Serum’s central limit order book, meaning that Raydium’s users and liquidity pools have access to the order flow and liquidity of the entire Serum ecosystem and vice versa.

Ontology (ONT)

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.