Movers of the Day 7-Feb-2024

February 7, 202414min119

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

Top Movers of the Day:

  • Space ID and Monero: These cryptocurrencies have grown remarkably over the past day.
  • MANTRA has risen by 10.11% since the 7 p.m. update.

Overview: The crypto market has surged over the previous day. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has reflected the positive movement in the broader market. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.60% to 1.34% 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 surged by 2.11% in the last 24 hours. Bitcoin and Ether: Bitcoin outshined with a surge of 2.27%, while Ether also experienced growth, although to a lesser extent, with an increase of 1.87% 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.

 

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.

 

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

  • Space ID and Monero: These cryptocurrencies have outperformed others with gains over the past 24 hours.
  • Cartesi has risen by 6.52% since the 2. p.m. update.

Overview: The crypto market began a notable ascent around midday after fluctuating at lower levels through the night and into the morning. This surge continued into the afternoon.

  1. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index mirrored the positive trend with a sharp uptick, suggesting high investor confidence.
  2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.12% to 1.69% 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 risen by 1.25% in the last 24 hours.
  4. Bitcoin and Ether: Bitcoin saw a moderate increase of 0.64%, while Ether outpaced with a surge of 2.43%, indicating a potentially stronger investor sentiment towards Ethereum’s market prospects.

 

CTSI

Cartesi (CTSI)

2100NEWS ranking: 179, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 17.3 (Average for Ethereum-based Tokens: 15.7)

Cartesi is building an operating system for dApps. The project enables complex and intensive computations to run in a Linux environment outside the blockchain without compromising decentralization. Cartesi aims to make dApps significantly more powerful, cost-effective, more accessible to develop, and portable. The goal is to bring mainstream productivity to developers and a satisfying experience for users.

 

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

  • Space ID and Dymension: These cryptocurrencies have outperformed others with gains over the past 24 hours.
  • Kaspa has risen by 4.31% since the morning update.

Overview: The cryptocurrency market has maintained a sideways trend over the last 24 hours. This suggests a period of consolidation and equilibrium, where gains in specific areas are balanced out by movements elsewhere in the market. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has mirrored the overall 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 risen by 1.04% in the last 24 hours. Bitcoin and Ether have presented a mixed but positively skewed picture. Bitcoin registered a rise of 0.86%. On the other hand, Ether has made a more significant leap, surging by 2.22% over the same period, showcasing its strong market presence and potential for growth.

 

KAS

Kaspa (KAS)

2100NEWS ranking: 67, Large-cap, Index member: NWST1100, NWSL100, NWSCo100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 7.9 (Average for Large-caps: 17.9)

Kaspa is the fastest and most scalable instant confirmation transaction layer ever built on a proof-of-work engine. Transactions sent to miners can be included immediately in the ledger, structured as a revolutionary blockDAG. Kaspa is based on the GhostDAG/PHANTOM protocol, a scalable Nakamoto Consensus (Bitcoin consensus) generalization. Its design is faithful to Satoshi’s principles in Bitcoin — proof-of-work mining, UTXO-formed isolated state, deflationary monetary policy, no premine, and no central governance. Kaspa is unique in its ability to support high block rates while maintaining the level of security offered by the most secure proof-of-work environments. Kaspa’s current mainnet operates with one block per second. After the ongoing rust language rewrite, the core developers’ goal is to substantially increase the number of blocks per second, attracting the development of smart contracts and DeFi.

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

  • Space ID and Dymension: These cryptocurrencies have outperformed others with gains over the past 24 hours. Space ID has soared 82.77% since midnight.

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 mirrored the overall trend.
  2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -0.13% 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 slightly increased by 0.24% in the last 24 hours.
  4. Bitcoin and Ether presented a mixed picture. Bitcoin saw a slight increase of 0.19%. On the other hand, Ether climbed by 1.61% over the same time.

 

ID

SPACE ID (ID)

2100NEWS ranking: 220, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade:  Excellent, Score: 18, (Average for Mid-caps: 13.5)

The ID token serves as an essential part of the growth and sustainability of the SPACE ID ecosystem, incentivizing users to engage with the project and contribute to its success. With the launch of ID, SPACE ID is poised to become a leader in the Web3 industry, providing users with an even more well-rounded platform for managing their digital identities.



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