Movers of the Day 1-Feb-2024

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

Top Movers of the Day:

• Chainlink and Victoria VR: These cryptocurrencies have grown remarkably over the past day. Victoria VR has surged by 23.09% since the 7 p.m. update.

Overview: The crypto market seeks direction after a day marked by advances and retracements. After a period of decline, there was a significant uptick, followed by fluctuations that alternated between minor gains and losses. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index echoed the broader market’s trend. 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 0.55% in the last 24 hours. Bitcoin and Ether have increased by 0.68% and 0.49%, respectively, 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.

Victoria VR (VR)

Victoria VR is a Blockchain-based MMORPG in Virtual Reality with Realistic Graphics built on Unreal Engine, created and owned by its users. The whole world is built to be a universal platform for all virtual realities, games, and decentralized applications, collectively creating a Metaverse — a shared virtual realm, the 3D internet. In the Victoria VR World, there will be games, quests, never-ending adventures, virtual galleries, and The Big Market VR, where you can exchange NFTs in 3D! In addition, users will be rewarded for each of their activities in the VR world.

7:10 p.m. update: The top movers of the day are Marlin and Electroneum. Since 2 p.m., Marlin has surged 13.20%, and Electroneum has increased by 6.82%.

In the afternoon, the crypto markets went up. Since 2 p.m., 2100NEWS Indices have increased up to 1.92%. 2100NEWS Total Index (NWST1100) is 1.67% higher. Bitcoin has risen by 1.95%, and Ether by 1.56%.

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 7:10 p.m. Therefore, it may not accurately represent the current market conditions at the time of your inquiry.

Marlin (POND)

Marlin is an open protocol that provides high-performance programmable DeFi and Web 3.0 network infrastructure. The nodes in the Marlin network, called Metanodes, operate the MarlinVM, which provides a virtual router interface for developers to deploy customized overlays and perform edge computations.

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

• Marlin and ApeCoin: These cryptocurrencies have outperformed others with gains over the past 24 hours. ApeCoin has risen by 6.61% since the morning update.

Overview: The cryptocurrency market has experienced a sharp plunge, signaling a potential sell-off. Despite a slight recovery, the market has not returned to previous levels and continues to show a tendency towards a decline. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index struggled to return to its previous levels but seems to be leaning towards a downtrend. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -0.41% to -1.32% since midnight, indicating a broad market contraction. 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 dropped by 1.56% in the last 24 hours. Bitcoin and Ether also declined by 1.16% and 1.50%, respectively, over the same period.

ApeCoin (APE)

The APE Foundation is the steward of ApeCoin. It is not an overseer but the base layer on which ApeCoin holders in the ApeCoin DAO can build. The Foundation facilitates decentralized and community-led governance and is designed to become more decentralized over time. It is tasked with administering the decisions of the ApeCoin DAO. It is responsible for day-to-day administration, bookkeeping, project management, and other tasks that ensure the DAO community’s ideas have the support they need to become a reality. The goal of the APE Foundation is to steward the growth and development of the APE ecosystem fairly and inclusively. It utilizes the Ecosystem Fund, controlled by a multi-sig wallet, to pay its expenses as directed by the ApeCoin DAO. It also provides an infrastructure for ApeCoin holders to collaborate through open and permissionless governance processes.

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

• Marlin and rats(Ordinals): These cryptocurrencies have outperformed others with gains over the past 24 hours. rats(Ordinals) have risen by 11.66% since midnight.

Overview: The cryptocurrency market has experienced a turbulent 24 hours, marked by a sudden drop that suggests a sell-off. Despite the sharp decline, there has been a notable attempt at recovery in the early hours, hinting at some resilience amidst the prevailing uncertainty.

1. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index struggled to return to its previous levels but seems to be leaning towards a downtrend.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -0.56% to -1.16% 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 plunged 2.70% in the last 24 hours.
4. Bitcoin and Ether: Bitcoin has fallen by 1.95%, while Ether has plunged by 2.92% over the same period.

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 among 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.