Movers of the Day 10-Apr-2024

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

Top Movers of the Day:

• Multibit and Memecoin: These cryptocurrencies have grown remarkably over the past day,
• Elastos has risen by 14.4% since the 7 p.m.

Overview: Following the dip, there was a marked V-shaped recovery, with the crypto market rebounding strongly and rapidly to levels above where the dip began. This swift recovery suggests a surge in buying pressure and a rebound in market confidence.

NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has shown patterns similar to the overall market, suggesting that these assets are also experiencing the current market recovery. 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 slightly increased by 0.21% in the last 24 hours. Bitcoin and Ether: Bitcoin has seen a moderate rise of 1.13%, while Ether has experienced a negligible increase of 0.11%

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.

Elastos (ELA)

Elastos is open-source software whose development process has been sponsored by industry giants such as the Tsinghua Science Park, the TD-SCDMA Industrial Alliance, and the Foxconn Group for more than 200 million RMB. Elastos has published over ten million lines of source code, including four million lines of source code. Elastos aims to create a new kind of Internet powered by blockchain technology. People can own digital assets and generate wealth from this new Internet.

7:10 p.m. update: The day’s top movers are Suku and Mango. Since 2 p.m., Suku has surged 24.26%; Mango is 20.40% higher.

In the afternoon, the crypto markets swung sharply downwards but soon returned to the morning levels. In the last 24 hours, Ether has fallen by 2.88%. The large caps represented by the 2100NEWS 100 Large Cap Index (NWSL100) have decreased by 0.23%. On the other hand, Bitcoin has increased by 1.28%. The 2100NEWS Total Index (NWST1100) is 0.54% higher.

Suku (SUKU)

Suku is a platform for user-friendly tools designed for everyday users and creators to make the most of Web3 opportunities —without the complexities or the need for technical knowledge.

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

• MATH and Nervos Network: These cryptocurrencies have grown remarkably over the past 24 hours, with MATH soaring 33.48% since the morning update.

Overview: The crypto market experienced a notable dip and has been going through a zigzag pattern of volatility since then, indicating ongoing fluctuations and mixed sentiment.

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 -0.07% to -2.90% 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 substantial pullback of 3.10% over the last 24 hours. Bitcoin and Ether: Bitcoin’s retracement of 2.44% is significant, but Ether has faced an even larger drop of 3.03%.

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. It also supports cross-chain token exchange and a multi-chain dApp store.

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

• Nervos Network and MX TOKEN: These cryptocurrencies have grown remarkably over the past 24 hours, with Nervos Network rising by 9.96% since midnight.

Overview: The crypto market has experienced a significant drop, followed by a period of zigzagging volatility, which often suggests a tug-of-war between bullish and bearish forces.

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.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.62% to 1.54% 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 1.24% over the last 24 hours.
4. Bitcoin and Ether: Bitcoin has experienced a drop of 1.94%, a more significant decrease than Ether, which has fallen by 1.28%.

Nervos Network (CKB)

The Nervos Network is an open-source, public blockchain ecosystem and collection of protocols solving the biggest challenges facing blockchains like Bitcoin and Ethereum today. The Nervos CKB (Common Knowledge Base) is layer 1, proof of work public blockchain protocol of the Nervos Network. It allows any crypto-asset to be stored with Bitcoin’s security, immutability, and permissionless nature while enabling smart contracts and layer 2 scalings. It captures the total network value through its “store of value” crypto-economic design and native token, the CKByte.Power Ledger, based in Australia, encourages us to imagine a world where electricity is dependable, affordable, and clean for everyone. Powered by contracts on the Ethereum network, the peer-to-peer energy exchange platform, their most mature platform, aims to democratize energy trading with transparent systems that allow individuals and communities to select their power source. POWR is the utility token that users would escrow to use the platform in their dual token model, while Sparkz represents electricity credits tied to local fiat for marketplace participants. Both are used to create part of an economy where households that generate electricity can trade with their neighbors for a fair return.