Movers of the Day 29-Feb-2024

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

Top Movers of the Day:

• Spell Token and ConstitutionDAO: These cryptocurrencies have grown remarkably over the past day.
• Telcoin has risen by 7.88% since the 7 p.m. update.

Overview: The cryptocurrency market has undergone considerable fluctuations within the last day, concluding positively. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index mirrored the overall sentiment. 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 experienced a negligible increase of 0.06% in the last 24 hours. Bitcoin and Ether: Ether’s pronounced modest decrease of 0.39% and Bitcoin’s an insignificant decrease of 0.04%.

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.

Telcoin (TEL)

Telcoin is a new cryptocurrency based on the Ethereum blockchain distributed by your national telecom operator and made available to everyone anytime, anywhere. This is the core of our business, and mobile network operators will be at the center of our strategy.

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

• Bonk and ConstitutionDAO: These cryptocurrencies have outperformed others with gains over the past 24 hours.
• Spell Token has risen by 16.21% since 2 p.m.

Overview: The cryptocurrency market has consolidated after the surge over the last 24 hours.

1. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” After reaching a peak, the index underwent a brief correction, possibly due to profit-taking by investors.
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 risen by 1.09% in the last 24 hours.
3. Bitcoin and Ether: While Bitcoin experienced a decrease of 0.83%, Ether gained 0.84%.

Spell Token (SPELL)

Abracadabra.money is a lending platform that uses interest-bearing tokens (ibTKNs) as collateral to borrow a USD-pegged stablecoin that can be used as any other traditional stablecoin.

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

• Bonk and ConstitutionDAO: These cryptocurrencies have outperformed others with gains over the past 24 hours. ConstitutionDAO has risen by 6.26% since the morning update.

Overview: The cryptocurrency market started consolidating after the surge, spearheaded by Bitcoin, which saw an impressive 6.53% increase, propelling the broader market to notable gains. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” After reaching an apex, the index underwent a brief correction, possibly due to profit-taking by investors. Nonetheless, the index demonstrated resilience, rebounding from the downturn and maintaining its upward trajectory. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported significant gains ranging from 2.12% to 6.81% since midnight, pointing towards a widespread bullish wave in the crypto space. 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 soared 5.71% in the last 24 hours. Bitcoin and Ether: Bitcoin’s significant leap has overshadowed Ether’s substantial but smaller surge of 4.85%.

ConstitutionDAO (PEOPLE)

Constitution DAO was an experiment that has now been dissolved. In November 2021, a group of web3-enthusiasts gathered as a decentralized autonomous organization with the shared objective of buying a copy of the U.S. Constitution at a Sotheby’s Auction. There are only 13 original physical copies of the U.S. Constitution in existence, which meant that this auction sparked a competitive bidding battle. Even though the group raised well over $40 million in ETH, it ultimately fell short. It was outbid by Ken Griffin, a billionaire hedge fund manager and CEO of Citadel.

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

• Arkham and ConstitutionDAO: These cryptocurrencies have outperformed others with gains over the past 24 hours. ConstitutionDAO has soared 31.76% since midnight.

Overview: Over the last 24 hours, the cryptocurrency market has been buoyed significantly by a substantial increase in Bitcoin’s value, which saw a notable 7.73% jump, driving the overall market upwards.

1. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has reflected this strong uptrend, hitting a midday peak followed by a sharp pullback but remaining near its daily high, indicating continued investor confidence.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported significant gains ranging from 1.96% to 6.35% since midnight, pointing towards a widespread bullish wave in the crypto space.
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 soared 6.62% in the last 24 hours.
4. Bitcoin and Ether: Bitcoin’s significant leap has overshadowed Ether’s substantial but smaller rise of 5.10%.

Arkham (ARKM)

Arkham is a blockchain analysis platform that uses artificial intelligence (AI) to deanonymize the blockchain and on-chain data. The platform’s two main components are the Analytics Platform and Intel Exchange. The Analytics Platform covers analytics on various entities, exchanges, funds, whales, and tokens. For instance, you can check the portfolio holdings, transaction history, exchange flows, network relationships, and other on-chain analytics. The Intel Exchange allows anyone to buy and sell address labels and other intelligence, either through bounties, auctions, or the DATA Program.