Movers of the Day 25-Jan-2024

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

Top Movers of the Day:

• dogwifhat and UMA: These cryptocurrencies have grown remarkably over the past day. UMA has risen by 14.99% since the 7 p.m. update.

Overview: The crypto market has seen a slight uptrend over the past day, indicating a period of consolidation. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has mirrored the overall market’s trend. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.52% to 1.17% since 7 p.m. 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 slightly increased by 0.14% in the last 24 hours. Bitcoin and Ether: Bitcoin exhibited a slight increase of 0.33%, while Ether experienced a negligible increase of 0.10% over the previous day.

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.

UMA (UMA)

UMA is designed to power the financial innovations made possible by permissionless, public blockchains like Ethereum. UMA defines an open-source protocol that allows any two counterparties to design and create their own financial contracts using fiat financial derivatives concepts. But unlike traditional derivatives, UMA contracts are secured with economic incentives alone, making them self-enforcing and universally accessible.

7:10 p.m. update: The top movers of the day are MANTRA and Synapse. Since 2 p.m., MANTRA has surged 20.32%; Synapse is 19.45% higher. prom has increased by 1.56%.

The crypto markets trended sideways. In that time, the large caps represented by the 2100NEWS 100 Large Cap Index (NWSL100) have fallen by 1.17%. 2100NEWS Total Index (NWST1100) is 1.01% lower. Bitcoin has decreased by 0.70%, Ether by 1.47%.

MANTRA (OM)

MANTRA DAO is a community-governed DeFi platform focusing on Staking, Lending, and Governance. MANTRA DAO leverages the wisdom of the crowd to create a community-governed, transparent, and decentralized ecosystem for Webb 3.0. Built on the Parity Substrate for the Polkadot ecosystem, MANTRA DAO gives financial control back to the people to store and grow wealth together.

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

• Prom and Bittensor: These cryptocurrencies have outperformed others with significant gains over the past 24 hours.
• Numeraire has surged by 19.93% since the morning update.

Overview: The crypto market has consolidated with a slight downtrend. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has shown resilience. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -0.05% to -2.10% 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 0.73% in the last 24 hours. Bitcoin and Ether: Bitcoin has shown a decrease of 0.48%, while Ether has encountered a more significant decline of 1.19% in the same time frame.

Numeraire (NMR)

Numeraire is a new cryptographic token employed in a novel auction mechanism to create overfitting economically irrational. Numeraire is an ERC20 Ethereum token that makes collaboration congenial with self-interest. Last year, Numeraire introduced a new kind of hedge aire. This resource enables any data scientist to develop machine learning patterns on the team’s data and offer predictions to manage the capital in the team’s hedge fund. Today, a new money abstraction for Numerai has been published, starting modern commerce with the team’s data scientists based on long-term adjustments impossible with regular money.

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

• Aleph.im and Prom: These cryptocurrencies have outperformed others with significant gains over the past 24 hours. Prom has surged by 20.30% since midnight.

Overview: The crypto market has trended sideways.

1. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has mirrored the overall market.
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 increased by 0.39% in the last 24 hours.
3. Bitcoin and Ether: Bitcoin has shown a modest rise of 0.41%, while Ether has encountered a slight decline of 0.35% in the same time frame.

Prom (PROM)

Prometeus Network is a secure and decentralized ecosystem designed to solve real-world data brokerage problems created for the Influencer Marketing, Medical, and Insurance data market industries. Prometheus Labs,  a data scientist and entrepreneur company, develops the Prometeus Network. Existing data scientists and entrepreneurs have worked for more than 15 years on machine learning, business development, and marketing.