Movers of the Day 4-Feb-2024

February 4, 20248min89

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

Top Movers of the Day:

  • Numeraire and Arcblock: These cryptocurrencies have grown remarkably over the past day. Arcblock has soared 56.34% since the morning update.

Overview: The crypto market has declined over the last day, with some fluctuation. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index echoed the broader market’s decline. 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 1.04% in the last 24 hours. Bitcoin and Ether: Bitcoin has fallen by 1.09%, while Ether has decreased by 0.44% 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.

 

ABT

Arcblock (ABT)

2100NEWS ranking: 561, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 10.1 (Average for Small caps: 9.8)

Arcblock is a platform and an ecosystem for building and deploying decentralized blockchain applications. The platform goes beyond providing the necessary foundational components for using blockchain to power complex business rules. It connects your existing system to blockchain networks, enabling you to automate business processes using the data and identities associated with existing systems.

 

The top movers of the day are MANTRA and Songbird. Since midnight, MANTRA has surged 21.18%, and Songbird has increased by 9.88%.

The crypto markets moved lower this morning. Since midnight, 2100NEWS Indices, which measure the performance of different groups of tokens and coins, have fallen between 0.39% and 1.95%. Our main 2100NEWS Total Index (NWST1100), which measures the performance of the significant 1100 crypto assets by market capitalization, is 0.69% lower. Bitcoin has decreased by 0.43%, Ether by 0.32%.

 

OM

MANTRA (OM)

2100NEWS ranking: 321, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 13.6 (Average for Small caps: 9.8)

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.

 

OX

Open Exchange Token (OX)

2100NEWS ranking: 427, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 5.9 (Average for Small caps: 9.8)

OX.FUN is a new derivatives exchange that launched on January 18th, 2024. It provides a gamified trading experience, deep liquidity, and best-in-class exchange tokenomics.

 

SGB

Songbird (SGB)

2100NEWS ranking: 564, Small cap , Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 4.7 (Average for Small caps: 9.8)

Songbird is the canary network, launched in September 2021. A canary network is an operational blockchain with a defined token supply that allows new features to be tested under production conditions, before they are deployed on the main network. This is in contrast to a testnet which generally has an unlimited token supply. All users of the canary network are real users, but they are aware of the experimental nature of the platform. Flare’s canary network is called Songbird, and it is furthermore the first stage in Flare’s governance system.

 



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