Movers of the Day 24-Apr-2024

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

Top Movers of the Day:

  • Forta and Contentos: These cryptocurrencies have grown remarkably over the past day.
  • Baby Doge Coin has surged by 20.32% since 7 p.m.

Overview: The crypto market has experienced a notable decline. After a period of relative stability with minor fluctuations, around 2 p.m., the index took a sharp downward turn. The descent was steep and continuous.

NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has shown movement similar to 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 dropped by 2.81% over the last 24 hours. Bitcoin and Ether: Bitcoin has dropped by 3.05%, while Ether has also fallen by 1.89% over the past 24 hours.

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.

 

BabyDoge

Baby Doge Coin (BABYDOGE)

2100NEWS ranking: 233, Mid-cap Non-Ethereum-based Token, Index member: NWST1100, NWSM200, NWSOT50
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 9.6, (Average for Non-Ethereum-based Tokens: 14)

Baby Doge has learned a few tricks and lessons from his meme father, Doge. A new crypto birthed by fans of the Doge Meme online community. Baby Doge seeks to impress his father by showing his new, improved transaction speeds & adorableness. Simply Love, pet, and hold as 5% from each transaction is automatically redistributed to baby doge holders. Baby Doge was created initially as a joke with a mission to help spread awareness of animal adoption. The primary utility for Baby Doge is building a fun meme community to spread awareness of animal welfare and pet adoption. The BabyDoge AI image generator allows the BabyDoge community to create AI baby doge characters, AI memes, and AI images on demand. Additionally, users can pay in babydoge to mint their images into NFTs

 

7:10 p.m. update: The day’s Top movers are Contentos and Forta, both classified as small caps. Since 2 p.m., Contentos has surged 20.35%, Forta is 27.39% higher.

In the afternoon, the crypto markets went down significantly. Since 2 p.m., the tokens built on Ethereum measured by 2100NEWS Ethereum Based Index (NWSET100) have dropped by 6.07%. 2100NEWS Total Index (NWST1100) is 3.67% lower. Bitcoin has fallen by 2.77%, Ether by 3.36%.

 

COS

Contentos (COS)

2100NEWS ranking: 412, Small cap Non-Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Excellent, Score: 18.1 (Average for Small caps: 10.2)

Contentos is a blockchain protocol that aims to form the foundation for a decentralized digital content ecosystem that empowers all members, including creators, consumers, and advertisers, to earn fair compensation for their contributions. Contentos also intends to establish itself as the future Ethereum of digital content, accepting content DApps of all kinds.

 

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

  • Hedera and Bonk: These cryptocurrencies have grown over the past 24 hours.
  • Automata Network has risen by 13.28% since the morning update.

Overview: Despite the natural ebb and flow of market forces, in the last 24 hours, the cryptocurrency market has shown a net positive trend, reflecting overall market optimism. The performance of Ether, in particular, alongside the noteworthy gains in the NWST1100, may suggest a solidifying bullish market trend. NWSBCT Index for Blue Chips: This index focuses on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has reflected the market’s upward movement, demonstrating the established cryptocurrencies’ alignment with the general market sentiment. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.60% to 4.97% 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 surged by 1.95% over the last 24 hours, an encouraging sign of robust market activity. Bitcoin and Ether: Bitcoin has seen a healthy rise of 0.79%, while Ether has had an impressive ascent, surging by 3.24%.

 

ATA

Automata Network (ATA)

2100NEWS ranking: 361, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 13.7 (Average for Small caps: 10.2)

Automata Network is a decentralized service protocol that provides privacy middleware for dApps across multiple blockchains. It enables versatile use-cases such as Anonymous Voting, Miner Extractable Value (MEV) minimization, and No-tracking Indexing by leveraging on the latest cryptography and privacy-preserving algorithms, along with trust computing technologies.

 

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

  • Hedera and Bonk: These cryptocurrencies have grown over the past 24 hours.
  • Algorand has surged by 24.18% since midnight.

Overview: Over the previous 24 hours, the cryptocurrency market has seen a slight uptick, pointing to optimism despite the evident back-and-forth between gains and retractions.

  1.  NWSBCT Index for Blue Chips: This index focuses on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has shown patterns similar to the overall market.
  2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.46% to 2.27% 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 risen by 1.37% over the last 24 hours.
  4. Bitcoin and Ether: Bitcoin increased by 0.50%, while Ether surged by 2.50% in the previous 24 hours.

 

AlgorandAlgorand (ALGO)

2100NEWS ranking: 45, Large-cap, Index member: NWST1100, NWSL100, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 21.6 (Average for Large-caps: 17.9)

Algorand is an open-source software company building technical innovation for the borderless economy with a platform that delivers decentralization, scalability, and security. Algorand’s first-of-its-kind, permissionless, pure proof-of-stake protocol supports the scale, open participation, and transaction finality needed by users to build opportunity and fulfill the promise of blockchain technology. Their consensus model creates full transparency, protection, and speed within a truly decentralized network.

 

HBAR

Hedera (HBAR)

2100NEWS ranking: 27, Blue chip, Index member: NWST1100, NWSL100, NWS30, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 20.1 (Average for Blue chips: 23.6)

The Hedera network is a distributed ledger platform that resolves the factors constraining the mainstream adoption of public DLT.

 


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