Movers of the Day 28-Mar-2024

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

Top Movers of the Day:

  • REI Network and Rally: These cryptocurrencies have grown remarkably over the past day.
  • dogwifhat has risen by 14.02% since the 7 p.m.

Overview: Over the last day, the crypto market has shown a strong recovery that commenced early in the morning and carried through, leading to a period of market consolidation in which prices have stabilized within a certain range.

NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has mirrored the overall sentiment. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.17% to 1.16% 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 1.92% in the last 24 hours. Bitcoin and Ether Bitcoin has outperformed Ether with a 2.11% surge compared to Ether’s 1.52%.

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.

 

WIF

dogwifhat (WIF)

2100NEWS ranking: 80, Large-cap Non-Ethereum-based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSOT50, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 8.5, (Average for Large-caps: 17.9)

Popular meme Dogwifhat is a meme token within the Solana ecosystem.

 

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

  • REI Network and Rally have emerged as the Top Movers of the Day, with Rally surging by 22.35% since the 2 p.m. update.

Overview: The crypto market has shown a strong recovery that started around 5 a.m., indicating a return of bullish sentiment. The phase of consolidation that followed, with the index moving in a tight range, suggests the market is pausing to establish new levels of support and resistance.

  1. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has reflected the overall market behavior.
  2. 2100NEWS Total Index (NWST1100): This index represents a broad spectrum of the crypto market and tracks 1100 significant cryptocurrencies based on their market cap. It has surged by 2.20% over the last 24 hours.
  3. Bitcoin and Ether: Bitcoin’s surge of 2.83% has outpaced a modest rise of 1.19% in Ether.

 

RLY

Rally (RLY)

2100NEWS ranking: 497, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 6.2 (Average for Small caps: 10)

Rally.io is a platform for creators and their communities to build their own independent digital economies. It enables creators, artists, celebrities, communities, and brands to launch their own social tokens and NFTs. Rally charges no fees, has a low environmental impact, requires no crypto experience, and seamlessly integrates with platforms thanks to its APIs.

 

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

  • REI Network and Unizen have emerged as the Top Movers of the Day, with REI Network soaring 68.87%

Overview: The overall market resilience is evident despite earlier volatility, with a stable foundation leading to a steady climb. This underscores a generally positive market sentiment that prevails despite intermittent fluctuations. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has reflected the overall market behavior. 2100NEWS Total Index (NWST1100): This index represents a broad spectrum of the crypto market and tracks 1100 significant cryptocurrencies based on their market cap. It has increased negligible by 0.03% over the last 24 hours. Bitcoin and Ether: Bitcoin’s modest increase of 0.61% contrasts with a slight decrease of 0.36% in Ether

 

REI

REI Network (REI)

2100NEWS ranking: 524, Small cap , Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 15.7 (Average for Small caps: 10)

REI Network was developed to better adapt to the blockchain’s development trend and achieve a lightweight, Ethereum-compatible, higher performance, and no-fee blockchain framework.

 

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

  • REI Network and Gate Token have emerged as the Top Movers of the Day, with REI Network soaring 63.44% since midnight.

Overview: Over the last 24 hours, the cryptocurrency market experienced a pronounced dip starting from 2 p.m. the previous day, followed by oscillating movements. This indicates an attempt to recover from the dip.

  1.  NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has reflected the overall market behavior with its pronounced dip and subsequent recovery.
  2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.66% to 1.88% since midnight.
  3. 2100NEWS Total Index (NWST1100): This index represents a broad spectrum of the crypto market and tracks 1100 significant cryptocurrencies based on their market cap. With a retracement of 1.94% over the last 24 hours, the NWST1100 index indicates a pullback in the broader market. This could signal a more cautious approach from investors.
  4. Bitcoin and Ether have risen, with Bitcoin rising by 0.89% and Ether increasing by 0.18%.

 

OCEAN

Ocean Protocol (OCEAN)

2100NEWS ranking: 108, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 15.8 (Average for Tokens: 16.2)

Ocean Protocol is a decentralized data exchange protocol that lets people share and monetize data while providing control, auditability, transparency, and compliance with all actors involved.

 


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