Movers of the Day 9-Apr-2024

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

Top movers of the day are MATH and Aleph.im. Since 7 pm MATH has surged 70.22%, Aleph.im is 40.29% higher. Theta Fuel has increased by 3.79%.

The crypto markets finished the day lower as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS Indices ended between -3.34% and -6.80%. 2100NEWS Total Index (NWST1100) ended -3.81%. Bitcoin ended -3.44%, Ether ended -1.40%.

Please read the notes to find out by what criteria they have been selected. The market information provided only reflects the state of the market up to midnight. in the last 24 hours. Therefore, it may not accurately represent the current market conditions at the time of your inquiry.

MATH (MATH)

MATH is a one-stop crypto solution platform that comprises MathWallet, MATH VPOS Pool, MathDEX, MATH dApp Store, MATH Staking, MATH Pay, and MATH Chain. Math Wallet is a multi-platform (mobile/desktop/hardware) universal crypto wallet that enables the storage of various crypto assets, which also supports cross-chain token exchange, and a multi-chain dApp store.

7:10 p.m. update: Top movers of the day are Braintrust and Verge. Since 2 pm Braintrust has surged 21.65%, Verge has increased by 11.55%.

In the afternoon the crypto markets went down significantly. Since 2 pm the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have fallen by 2.48%. 2100NEWS Total Index (NWST1100) is 2.94% lower. Bitcoin has fallen by 3.04%, Ether by 2.53%.

Braintrust (BTRST)

Braintrust is the first decentralized talent network that connects highly skilled technical freelancers with the world’s most reputable brands like Nestle, Porsche, Atlassian, Goldman Sachs, and Nike. Braintrust’s unique business model allows talent to retain 100% of their earnings and enables organizations to spin up flexible, skilled teams on-demand at a fraction of the cost of traditional staffing firms. A blockchain token uniquely enables this new business model that limits fee extraction and enables community ownership.

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

• Theta Fuel and Braintrust: These cryptocurrencies have grown remarkably over the past 24 hours, with Theta Fuel rising by 18.87% since midnight.

Overview: The crypto market began with a slow decline after a notable rise yesterday, then saw a more pronounced dip in the early hours. However, the sharp V-shaped recovery that followed indicates that the drop was met with intense buying pressure. NWSBCT Index for Blue Chips: This index focuses on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has mirrored the broader market. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -0.93% to -2.92% since midnight, indicating a pullback. 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 experienced a pullback of 1.52% over the last 24 hours. Bitcoin and Ether: Bitcoin has seen a retracement of 2.08%, marking a notable decrease, whereas Ether has seen a marginal increase of 0.09%, implying that it has been relatively stable compared to Bitcoin’s retraction.

Theta Fuel (TFUEL)

The Theta Network and protocol aim to solve various challenges the video streaming industry faces today. Theta Fuel is the operational token of the Theta protocol. TFUEL powers on-chain operations like payments to relayers for sharing a video stream or deploying or interacting with smart contracts. Relayers earn TFUEL for every video stream they relay to other users on the network. You can think of Theta Fuel as the “gas” of the protocol. At the Mainnet launch on March 15th, TFUEL will be created as a native token on the Theta blockchain.

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

• Neo and Velo: These cryptocurrencies have grown remarkably over the past 24 hours.
• PundiX has surged by 20.89% since midnight.

Overview: After an initial significant leap, the crypto market has entered a consolidation phase, which often follows large movements as the market stabilizes.

1.  NWSBCT Index for Blue Chips: This index focuses on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has reflected the broader market, suggesting that a settling period has followed the initial upward momentum.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -0.80% to -2.69% since midnight, indicating a pullback in some market areas.
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 surged by 2.37% over the last 24 hours.
4. Bitcoin and Ether: Bitcoin has surged by 1.35%, but Ether has taken the spotlight with a much more significant leap of 6.16%.

Neo (NEO)

Neo bills itself as a “rapidly growing and developing” ecosystem that aims to become the foundation for the next generation of the internet. Digitized payments, identities, and assets come together in this new economy. Initially known as Antshares, this project was believed to be China’s first-ever public blockchain when it was launched in February 2014. The open-source platform subsequently rebranded to Neo three years later. As well as creating a worldwide community of developers who create new infrastructure for the network and lower barriers to entry, the team behind this project operates an EcoBoost initiative designed to encourage people to build decentralized apps and smart contracts on its blockchain. It’s often been likened to the Chinese version of the Ethereum network.