Movers of the Day 23-May-2024

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

Top Movers of the Day:

• ConstitutionDAO and Audius: These cryptocurrencies have grown remarkably over the past day, with Audius rising by 14.39% since 7 p.m.

Overview: The crypto market has shown resilience despite a recent sharp drop.

 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. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.42% to 1.49% since 7 a.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 fallen by 1.40% over the last 24 hours. Bitcoin and Ether: Bitcoin has dropped by 2.16%; in contrast, Ether has surged by 1.81%.

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.

Audius (AUDIO)

Audius is a decentralized music-sharing and streaming protocol that facilitates direct transactions between listeners and creators, allowing everyone to distribute, monetize, and stream audio content. The protocol consists of (1) Discovery nodes that index the Audius content ledger and provide an easily query-able interface for retrieving metadata; (2) Content nodes to host content and permission access to content on behalf of artists; (3) Content ledger as a single source of truth for all data accessible within the Audius protocol, anchoring references to content hosted by content nodes.

Top Movers of the Day (at 7 p.m. update):

• Open Campus and ConstitutionDAO: These cryptocurrencies have grown over the past 24 hours, with ConstitutionDAO rising by 14.87% since 2 p.m.

Overview: Over the previous 24 hours, the cryptocurrency market has experienced a sharp drop, starting around 2 p.m.

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 general market trend.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -1.30% to -2.62% 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 dropped 2.79% since the 2 p.m. update but decreased by 0.12% over the last 24 hours, highlighting substantial market improvement.
4. Bitcoin and Ether have shown declines, with Bitcoin plummeting by 3.04% and Ether by 3.02% since 2 p.m..

ConstitutionDAO (PEOPLE)

Constitution DAO was an experiment that has now been dissolved. In November 2021, a group of web3-enthusiasts gathered as a decentralized autonomous organization with the shared objective of buying a copy of the U.S. Constitution at a Sotheby’s Auction. There are only 13 original physical copies of the U.S. Constitution in existence, which meant that this auction sparked a competitive bidding battle. Even though the group raised well over $40 million in ETH, it ultimately fell short. It was outbid by Ken Griffin, a billionaire hedge fund manager and CEO of Citadel.

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

• Open Campus and ether.fi: These cryptocurrencies have grown remarkably over the past 24 hours, with ether.fi rising by 10.00% since the morning update.

Overview: The cryptocurrency market has been experiencing fluctuations, resulting in an overall market increase in the last 24 hours. NWSBCT Index for Blue Chips: This index focuses on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has reflected the general market mood. 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 0.95% over the previous 24 hours. Bitcoin and Ether: Bitcoin has negligible increased by 0.02%, while Ether has soared 5.10% over the last 24 hours.

ether.fi (ETHFI)

Ether.Fi is a fundamentally new staking protocol for Ethereum. Ether.Fi allows participants to retain control of their keys while degating staking. Deposits to Ether.Fi are natively re-staked with Eigenlayer. Eigenlayer repurposes staked ETH to support external systems (e.g., rollups, oracles) with an economic security layer, which increases yield for ETH stakers in the process.

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

• Open Campus and Oasys: These cryptocurrencies have grown remarkably over the past 24 hours, with Oasys soaring 38.13% since midnight.

Overview: The cryptocurrency market has trended sideways in the last 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 reflected the general market mood by mirroring these overall market dynamics
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 decreased by 0.36% over the previous 24 hours.
3. Bitcoin and Ether: Bitcoin has decreased by 0.35%, while Ether has risen by 0.74% over the last 24 hours.

Open Campus (EDU)

The Open Campus Protocol is a decentralized solution for educators, content creators, parents, students, and co-publishers designed to address today’s significant educational challenges. Despite the critical role of educators in shaping the future generation, they are often undervalued and underpaid. Additionally, parents frequently lack control over their children’s educational content. At its core, the Open Campus Protocol is a community-driven initiative that harnesses the power of blockchain technology to create a fairer education system. By decentralizing the creation and distribution of educational content, the Open Campus Protocol empowers students to access more diverse educational content while providing educators with new opportunities to earn revenue and gain recognition for their contributions. The ultimate goal of the Open Campus Protocol is to revolutionize the US$5 trillion Education industry by returning control to educators and learners.