Movers of the Day 29-Mar-2024

Exante_news_2019_mai_01

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

Top movers of the day are Komodo and Tribe. Since 7 pm Komodo has surged 25.31% while Tribe is slightly higher (+0.15%). Wilder World has increased by 7.10%.

Most cryptocurrencies finished the day lower as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. The tokens built on Ethereum represented by 2100NEWS DA Ethereum Based Index (NWSET100) ended -0.14%. 2100NEWS Total Index (NWST1100) ended -0.75%. Bitcoin ended -1.46%, Ether ended -1.32%.

 

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.

 

KMD

Komodo (KMD)

2100NEWS ranking: 499, Small cap, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 13.3, (Average for Small caps: 10)

Komodo describes itself as an open, composable multi-chain platform. With blockchain development roots going back to 2014, Komodo is reportedly one of the pioneers of multi-chain architecture in the blockchain space. As of Aug 2019, Komodo focuses on providing secure, scalable, interoperable, and adaptable., business-friendly blockchain solutions. Komodo’s current technology suite, the Antara framework, offers tools for end-to-end blockchain development, including a customizable, application-specific Smart Chain complete with a library of built-in modules and an open API for building blockchain-based applications.

 

7:10 p.m. update: Top movers of the day are Rarible and Ravencoin. Since 2 pm Rarible has surged 45.29%, Ravencoin has increased by 3.04%.

In the afternoon the crypto markets went down. Since 2 pm the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have decreased by 0.74%. 2100NEWS Total Index (NWST1100) is 1.09% lower. Similarly, Bitcoin has fallen by 1.10%, Ether even by 1.61%.

 

RARI

RARI (RARI)

2100NEWS ranking: 614, Microcap Ethereum-based Token, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 5.2, (Average for Microcap: 7.5)

Rarible is a creator-centric NFT marketplace and issuance platform that utilizes the RARI token to empower users to actively interacting with the protocol.

 

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

  • Wilder World and Ravencoin have emerged as the Top Movers of the Day.
  • SKALE has risen by 12.43% since the morning update.

Overview: Over the last 24 hours, the cryptocurrency market has displayed indecision, characterized by its movements within a confined range, indicating a balance of buying and selling pressures. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has trended sideways, indicating that even well-established cryptocurrencies have felt the impact of the market’s uncertainty. 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 slightly increased by 0.23% over the last 24 hours. Bitcoin and Ether have experienced slight decreases, with Bitcoin down by 0.49% and Ether by 0.62%.

 

SKL

SKALE (SKL)

2100NEWS ranking: 120, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 16, (Average for Tokens: 16.2)

The SKALE Network is a high-throughput, low-latency, configurable Byzantine fault-tolerant sidechain network for the Ethereum blockchain. EVM compatibility within Elastic Sidechains allows dApp developers to deploy existing Ethereum-based smart contracts directly to them. At the same time, an increased gas limit lifts the computation and storage limitations of the Ethereum mainnet EVM.

 

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

  • Rally and Ravencoin have emerged as the Top Movers of the Day, with Ravencoin surging by 28.58% since midnight.

Overview: Over the last 24 hours, the cryptocurrency market has been indecisive, swinging within a limited range before entering a downward trend, suggesting that while buyers and sellers have been active, the sentiment shifted enough to cause a notable drop.

  1.  NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has matched the overall market’s direction, indicating that even well-established cryptocurrencies have felt the impact of the market’s uncertainty and subsequent selling pressure.
  2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -1.32% to -2.32% 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. It has fallen by 0.99% over the last 24 hours.
  4. Bitcoin and Ether have declined, with Bitcoin decreasing by 0.76% and Ether falling by 1.48%.

 

RVN

Ravencoin (RVN) 

2100NEWS ranking: 162, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 20.5, (Average for Coins: 15.1)

Ravencoin is a blockchain and platform optimized for transferring assets, such as tokens, from one holder to another. Based on the extensive development and testing of the UTXO model of the Bitcoin protocol, Ravencoin is built on a fork of the Bitcoin code. Key changes include a block reward time of one minute, a change in the number of coins issued but not the weighted distribution schedule, and the addition of asset creation and messaging capabilities. Ravencoin is free and open source. All Ravencoin (RVN) are fairly issued and mined publicly and transparently using Proof of Work (POW) using the x16r algorithm created for Ravencoin. No private, public, founder, or developer allocation is set aside. Ravencoin is intended to prioritize security, user control, privacy, and censorship resistance. It is open to use and development in any jurisdiction while allowing simple additional user features based on need.

 

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.

 

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.

 


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