Movers of the Day 5-Feb-2024

February 5, 202414min103

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

Top Movers of the Day:

  • Arcblock and Helium Mobile: These cryptocurrencies have grown remarkably over the past day.
  • Victoria VR has risen by 3.31% since the 7 p.m. update.

Overview: The crypto market experienced a significant rise in the early hours, reaching a peak midday before a subsequent decline. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index had a period of bullish activity followed by a corrective pullback. Despite the drop, the index shows signs of stabilizing, maintaining above the earlier low points. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -0.33% to -0.79% 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 decreased by 0.23% in the last 24 hours. Bitcoin and Ether: Bitcoin has somewhat decreased by 0.23%, while Ether has slightly increased by 0.17% 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.

 

VR

Victoria VR (VR)

2100NEWS ranking: 477, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 4.2 (Average for Small caps: 9.8)

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.

 

Top Movers of the Day (at 7 p.m. update):

  • Arcblock and Helium Mobile: These cryptocurrencies have outperformed others with gains over the past 24 hours. Arcblock has skyrocketed 37.12% since the 2 p.m. update.

Overview: The cryptocurrency market has trended sideways over the last 24 hours.

  1. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has paralleled the general market trend.
  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 slightly decreased by 0.18% in the last 24 hours.
  3. Bitcoin and Ether have experienced marginal retractions, down by 0.46% and 0.21%, respectively.

 

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.

 

 

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

  • Arcblock and Marlin: These cryptocurrencies have outperformed others with gains over the past 24 hours. Arcblock has risen by 8.38% since the morning update.

Overview: The cryptocurrency market has experienced a rallying spirit. After a period of decline, a sharp upward movement started in the early hours. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has paralleled the general market recovery, suggesting a wider bullish sentiment among investors. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.51% to 2.01% 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 increased by 0.98% in the last 24 hours. Bitcoin and Ether have contributed to this positive trend, marking increases of 0.46% and 0.83%, respectively.

 

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

  • Arcblock and Marlin: These cryptocurrencies have outperformed others with gains over the past 24 hours.
  • Terra Classic has risen by 11.35% since midnight.

Overview: The cryptocurrency market has experienced volatility with a notable recovery phase. After a period of decline, there was a sharp upward movement in the early hours.

  1. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index notably recovered in the last 24 hours, aligning with the overall upward momentum.
  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 0.66% in the last 24 hours.
  3. Bitcoin and Ether have increased by 0.51% and 0.79%, respectively, over the same period.

 

LUNC

Terra Classic (LUNC)

2100NEWS ranking: 296, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 3 (Average for Coins: 15.1)

Luna Classic is the first native token of the Terra blockchain, released in August 2018. LUNC existed before the launch of the new chain — now branded Terra (LUNA) — and works with the original code of the Terra ecosystem. The primary function that the native token performed was to absorb the price deviation of the algorithmic stablecoin — $UST. The price of the UST stablecoin was pegged to the US dollar by minting and burning UST tokens to balance the supply and demand of the coin. In May 2022, UST lost its peg and collapsed. The UST stablecoin algorithm created trillions of LUNA tokens, fell into a hyperinflationary spiral, and reduced the value of the original LUNA token by 99%.

Terra (LUNA) and Terra Classic (LUNC) have the right to exist due to the implementation of a proposal called Terra Ecosystem Revival Plan 2. The essence of the plan is to split the current blockchain through forking,  creating a new chain in the ecosystem, and preserving the previous version. According to the recovery plan, the existing chain and token have been rebranded as Terra Classic. The new LUNA tokens were airdropped to existing holders of LUNA and UST before the depeg and the subsequent crash occurred.

 

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.

 

 



About us

We are the new economy news hub. 2100NEWS is the professional index, data, and tools provider in the digital asset space, offering Crypto Market Intelligence, providing the perspective you can trust and equipping you with information edge you need to stay ahead. (Real-time data of token issuers and news, analysis and commentary from community.) We are very excited to contribute to the evolution of the industry and build an ecosystem around our offering (the institutional-grade data infrastructure required to enable institutional investments in digital assets). We want our contributions (Contents and Tools on 2100NEWS.com) to be useful for helping investors.


CONTACT US

CALL US ANYTIME



Latest posts



Newsletter


  • ethereumEthereum (ETH) $ 2,922.20 1.76%
  • litecoinLitecoin (LTC) $ 68.63 0.33%