Movers of the Day 30-Mar-2024
Tokens and coins that moved the most in the last 24 hours:
Top Movers of the Day:
- Ravencoin and Polymesh: These cryptocurrencies have grown remarkably over the past day, with Ravencoin soaring 31.34% since the morning update.
Overview: Over the last day, the crypto market started the day with volatility, including minor fluctuations indicating uncertainty. After reaching a peak around 1 p.m., the market shifted toward a downtrend, establishing a pattern of lower highs and lower lows.
NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has shown similar patterns to those of the overall market. 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 decreased by 0.56% in the last 24 hours. Bitcoin and Ether: Bitcoin’s change was minimal, with a negligible decrease of 0.09%, while Ether experienced a slight decrease of 0.54%.
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.
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.
Top Movers of the Day (at 9 a.m. update):
- Rarible and dogwifhat have emerged as the Top Movers of the Day
- Polymesh has risen by 18.91% since midnight.
Overview: Over the last 24 hours, the cryptocurrency market has displayed indecision, characterized by 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 increased by 0.55% over the last 24 hours.
- Bitcoin and Ether Bitcoin has slightly increased by 0.12%, while Ether has decreased by 0.67%.
Polymesh (POLYX)
2100NEWS ranking: 223, Mid-cap , Index member: NWST1100, NWSM200, NWSCo100 |
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 12.8, (Average for Coins: 15.2) |
Polymesh is an institutional-grade permissioned blockchain built specifically for regulated assets. It streamlines antiquated processes and opens the door to new financial instruments by solving the challenges around governance, identity, compliance, confidentiality, and settlement.
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.