Movers of the Day 6-May-2024

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

Top movers of the day are Carry Protocol and DigiByte. Since 7 pm Carry Protocol has increased by 7.95% while DigiByte has stayed almost the same. Ethena is 2.39% higher.

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. The large caps represented by 2100NEWS 100 Large Cap Index (NWSL100) ended -2.40%. 2100NEWS Total Index (NWST1100) ended -1.14%. Bitcoin ended -0.39%, Ether ended -1.54%.

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.

Carry (CRE)

Carry is a platform that connects offline merchants and consumers using blockchain. Carry Protocol aims to resolve these problems with three objectives: 1) provide a platform for merchants to understand their customers and communicate with them, 2) enable consumers to control their transaction data and monetize the information, and 3) offer a new advertising channel that is effective and transparent.

7:10 p.m. update: Top movers of the day are Frontier and Carry Protocol. Since 2 pm Frontier has surged 15.19%, Carry Protocol is 15.85% higher.

In the afternoon the crypto markets stepped down. Since 2 pm the tokens built on Ethereum measured by 2100NEWS Ethereum Based Index (NWSET100) have fallen by 2.37%. 2100NEWS Total Index (NWST1100) is 1.89% lower. Bitcoin has fallen by 1.58%, Ether even by 2.47%.

Frontier (FRONT)

Frontier is a chain-agnostic DeFi aggregation layer. With applications, users can participate in protocol tracking and management, staking, best-rate asset swapping, liquidity provision, CDP creation & monitoring, and more. In short, Frontierʼs core mission is to bring the essential pieces of DeFi to users across whichever platforms they prefer.

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

• Celsius and Frontier: These cryptocurrencies have grown remarkably over the past 24 hours.
• Creditcoin has increased by 9.07% since the morning update.

Overview: The cryptocurrency market has shown significant fluctuations with notable volatility patterns. This rapid change in price direction often indicates investor hesitation at higher price levels, leading to quick profit-taking from short-term traders. NWSBCT Index for Blue Chips: This index focuses on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has mirrored the overall market dynamics. After reaching the peak, the index quickly retreated, descending almost as sharply as it rose. This sharp decline could indicate that the peak was met with strong resistance. 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 0.69% over the previous 24 hours. Bitcoin and Ether: Bitcoin has increased by 0.56% and Ether by 0.47% over the last 24 hours.

Creditcoin (CTC)

Launched by a team based in the US, Canada, South Korea, Nigeria, and Estonia, Creditcoin aims to address the lack of a credit system among the unbanked in the emerging market. People who cannot access the banking system have to borrow from non-banks. However, banks do not accept non-bank credit records since they cannot trust the data. The project aims to solve the problem by objectively recording credit transaction history on a public blockchain.

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

• Celsius and Frontier: These cryptocurrencies have grown remarkably over the past 24 hours.
• ¸Hedera has risen by 11.73% since midnight.

Overview: The cryptocurrency market exhibited some volatility with sharp rises and corresponding declines, ultimately culminating in a high note, reaching near its peak levels

1.  NWSBCT Index for Blue Chips: This index focuses on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has mirrored the overall market dynamics.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.69% to 1.95% 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 1.02% since midnight and 2.12%.over the previous 24 hours.
4. Bitcoin and Ether: Bitcoin has risen by 1.35%, while Ether has surged by 2.75% over the last 24 hours.

Hedera (HBAR)

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