Movers of the Day 17-Apr-2024

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

Top Movers of the Day:

• Aavegotchi and Guild of Guardians: These cryptocurrencies have grown remarkably over the past day,
• Bluzelle has risen by 15.67% since 7 p.m.

Overview: The crypto market experienced a decline and partial recovery pattern, indicating a market that is both reactive and resilient and able to rebound from intra-day lows. However, it is still subject to volatility and wider market forces that prevent a full return to initial levels.

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. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 1.63% to 3.43% 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 plunged by 3.56% in the last 24 hours. Bitcoin and Ether: Bitcoin has plunged by 4.44%, while Ether has seen a drop of 3.54%.

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.

Bluzelle (BLZ) 

Bluzelle is a decentralized data network for dapps to manage data securely, tamper-proof, and highly scalable. Cosmos and its BFT technology Tendermint power Bluzellet.

7:10 p.m. update: The top movers of the day are Velo and BOOK OF MEME, which has increased by 12.12% since 2 p.m. Velo is 2.66% higher.

In the afternoon, the crypto markets were going down. Since 2 p.m., 2100NEWS Indices have fallen between 1.18% and 3.70%. 2100NEWS Total Index (NWST1100) is 3.35% lower. Bitcoin has fallen by 3.95%, Ether even by 18.71%.

BOOK OF MEME (BOME)

Introducing the BOOK OF MEME: an experimental project poised to redefine web3 culture by amalgamating memes, decentralized storage solutions, and degen shitcoin trading and gambling. This experiment endeavors to encapsulate the ever-evolving meme culture within a digital compendium, the BOOK OF MEME, ensuring each piece is immortalized on the blockchain. The $BOME memecoin on Solana, and Arweave, IPFS as the primary storage of Book Of Meme, and future expansions to Bitcoin inscriptions as immutable forever storage, this initiative aims to foster a new dimension of decentralized social media and make memes unstoppable.

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

• Degen and Aavegotchi: These cryptocurrencies have grown over the past 24 hours, with Aavegotchi surging by 25.26% since the morning update.

Overview: The cryptocurrency market has shown a mix of stability and a slight decline after initially peaking earlier. Despite some individual cryptocurrencies experiencing notable growth, the broader market has seen a downturn. NWSBCT Index for Blue Chips: This index focuses on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has moved in sync with the overall market trends, reflecting the slight downturn. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -1.04% to -3.87% since midnight. 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 1.17% over the last 24 hours. Bitcoin and Ether: Bitcoin has had a relatively better performance, with a decrease of 0.55%, while Ether has seen a more significant fall of 1.45%. This suggests that Bitcoin might be perceived as a safer asset than others during market stress.

Aavegotchi (GHST)

Aavegotchi (GHST) is the governance token of the Aavegotchi NFT Gaming protocol. GHST token holders receive voting power in the AavegotchiDAO, which oversees all protocol aspects, Aavegotchi’s flagship game, the Gotchiverse, and Aavegotchi NFTs. Aavegotchis themselves are pixelated ghosts backed by the ERC-721 token standard. The Aavegotchi NFTs have dynamic metadata that changes over time through user interaction. An Aavegotchi’s value and rarity are determined by its collateral stake, traits, and wearables. The collateral stake is based on the innovative ERC721 Aavegotchi NFT that manages an escrow contract holding Aave-backed ERC20 collateral or “aToken,” which generates yield via Aave’s LendingPool. Traits are based on random traits based on birth, kinship, and experience (XP). The protocol is called Aavegotchi, which is a nod to Aave, which translates to “ghost” in Finnish, and is powered by the Aave protocol, one of the leading lending protocols in DeFi. The token ticker also cleverly spells out “ghost” minus the vowel.

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

• PUPS (Ordinals) and cat in a dogs world: These cryptocurrencies have grown over the past 24 hours.
• Degen has risen by 11.70% since midnight.

Overview: The cryptocurrency market has found some stability and has shown signs of a slight recovery over the past 24 hours.

1.  NWSBCT Index for Blue Chips: This index focuses on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has paralleled the overall market’s movements, suggesting that these more established cryptocurrencies are also experiencing the market’s mild recovery.
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 increased by 0.65% over the last 24 hours.
3. Bitcoin and Ether: Bitcoin has had a relatively better performance, with an increase of 1.12%, while Ether has seen a more modest increase of 0.26%.

Degen (DEGEN)

Degen started as a reward token for participants in the Farcaster Degen channel. What began as a meme coin now boasts a substantial following of developers, crypto content creators, and enthusiasts who have bought into the coin. During its initial launch, 15% of the total supply was airdropped to active members of the Farcaster’s Degen channel, and there are plans to airdrop 70% of the token’s total supply eventually.

cat in a dogs world (MEW)

MEW, the cat-inspired cryptocurrency, is on a mission to reclaim its territory from the dogs. With the goal of siphoning liquidity from their rivals, MEW emerges to reclaim its rightful place in the crypto realm, at the top of the food chain.