Movers of the Day 29-May-2024

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

Top Movers of the Day:

• Shentu and Bounce Token: These cryptocurrencies have grown remarkably over the past day.
• Decentralized Social has risen by 7.62% since 7 p.m.

Overview: The crypto market exhibited significant volatility throughout the day, with an initial peak followed by a sharp decline and subsequent fluctuations, resulting in a sideways trend by the end of the day.

2100NEWS NWSBCT Index for Blue Chips: This index focuses 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 fallen by 1.14% over the last 24 hours. Bitcoin and Ether: Bitcoin fell by 1.06%, while Ether experienced a more significant drop of 1.64% the previous day.

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.

Decentralized Social (DESO)

DeSo is a new type of blockchain designed to power Web 3.0 decentralized social networks. Since its inception in 2019, DeSo has aimed to solve the problems created by present social media centralization. Today, a handful of private companies effectively control public discourse, earning monopoly profits; meanwhile, content creators are often underpaid and under-engaged. In contrast, DeSo’s social blockchain treats social media content as a public utility, making it permissionless and available. DeSo combines the paradigm of an open P2P financial system offered by cryptocurrencies with an efficient and scalable database infrastructure tailored to bring about the next generation of Web 3.0 social networks.

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

• Shentu and Bounce Token: These cryptocurrencies have grown over the past 24 hours.
• API3 has risen by 8.85% since 2 p.m.

Overview: The cryptocurrency market has trended sideways over 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 had substantial volatility, with a sideways trend trend.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -0.19% to -1.38% 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 decreased by 0.26% over the last 24 hours.
4. Bitcoin and Ether: Bitcoin has slightly decreased by 0.26%, while Ether has retraced by 1.59% over the last 24 hours.

API3 (API3)

API3 is a token of API that drives a collaborative effort to create a new generation of blockchain-native, decentralized APIs, or dAPIs for short. dAPIs are composed of first-party oracles operated by API providers and thus are more secure and cost-efficient than alternative solutions that employ intermediaries. Staking the token will grant its holders full governing rights over the API3 DAO and all associated rewards. Staked API3 tokens will be used as collateral for the on-chain insurance service to provide quantifiable and trustless security guarantees to dAPI users.

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

• Shentu and Bounce Token: These cryptocurrencies have grown remarkably over the past 24 hours, with Shentu soaring 59.59% since the morning update.

Overview: Over the last 24 hours, the cryptocurrency market has trended sideways, showing considerable volatility with significant upward and downward movements.

 2100NEWS 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 trend. 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 0.96% over the last 24 hours. Bitcoin and Ether: Bitcoin has fallen by 0.90%, while Ether has plummeted by 2.34% over the previous 24 hours.

Shentu (CTK)

Shentu Chain is a security-first, delegated proof-of-stake blockchain designed for mission-critical applications like DeFi, NFTs, and autonomous vehicles. It emphasizes cross-chain compatibility and is built as a Cosmos Hub with full EVM and Hyperledger Burrow compatibility, as well as eWASM and AntChain. The Security Oracle offers real-time transaction protection and flags vulnerabilities. Audited projects with high-security scores may qualify for ShentuShield, a decentralized reimbursement system for lost or stolen crypto assets. Projects can use DeepSEA, a secure programming language supported by the Ethereum Foundation, Qtum Foundation, and IBM, directly with the Shentu Virtual Machine (SVM), which is EVM-compatible. The native token, CTK, powers on-chain functionalities, including the Security Oracle, ShentuShield, gas fees, and governance voting.

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

• TrueFi and cat in a dogs world: These cryptocurrencies have grown remarkably over the past 24 hours, with cat in a dogs world surging by 25.35% since midnight.

Overview: Over the last 24 hours, the cryptocurrency market has shown considerable volatility, with significant upward and downward movements. Ultimately, it ended with an overall upward trend compared to the previous day.

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 gains ranging from 0.21% to 1.97% 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 1.11% over the previous 24 hours.
4. Bitcoin and Ether: Bitcoin has risen by 0.79%, while Ether has decreased negligibly by 0.04% over the previous 24 hours.

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.