Movers of the Day 4-Jun-2024

crypto

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

Top movers of the day are Alephium and Uniswap which has increased by 13.54% since 7 pm. Alephium has stayed almost the same.

The crypto markets finished the day in green as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS Indices ended between +0.93% and +3.16%. 2100NEWS Total Index (NWST1100) ended +2.06%. Bitcoin ended +2.16%, Ether ended +1.04%.

 

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.

 

UNI

Uniswap (UNI)

2100NEWS ranking: 19, Blue chip Ethereum-based Token, Index member: NWST1100, NWSL100, NWS30, NWSTo100, NWSET100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 20.9 (Average for Blue chips: 23.6)

Since its inception, the Uniswap Protocol (”Uniswap”) has served as trustless and highly decentralized financial infrastructure. Having proven product-market fit for highly decentralized financial infrastructure with a platform that has thrived independently, Uniswap is now particularly well-positioned for community-led growth, development, and self-sustainability. The introduction of UNI (ERC-20) serves this purpose, enabling shared community ownership and a vibrant, diverse, and dedicated governance system, which will actively guide the protocol towards the future.

 

7:10 p.m. update: Top movers of the day are Alephium and ORDI. Since 2 pm Alephium has surged 19.60%, ORDI has increased by 10.48%. JasmyCoin is 8.25% higher.

In the afternoon the crypto markets went up. Since 2 pm 2100NEWS Indices which measure the performance of different groups of tokens and coins have increased up to 2.77%. 2100NEWS Total Index (NWST1100) is 2.30% higher. Bitcoin has increased by 2.71%, Ether by 1.41%.

 

ALPH

Alephium (ALPH)

2100NEWS ranking: 417, Small cap , Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 6 (Average for Small caps: 10)

Alephium is the first operational sharded blockchain bringing scalability, ETH-inspired smart contracts and dApps capabilities to Bitcoin’s proven core technologies while ensuring better performance and improved energy efficiency.

 

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

  • Dog to the Moon and Linear Finance: These cryptocurrencies have grown remarkably over the past 24 hours, with Linear Finance rising by 10.47% since the morning update.

Overview: The crypto market has been marked by significant volatility over the past 24 hours, with a peak followed by a sharp decline and ongoing fluctuations. This instability indicates that the market is still trying to find a stable footing.

 2100NEWS NWSBCT Index for Blue Chips: This index focuses on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has reflected overall sentiment. 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 decreased by 0.51% over the last 24 hours. Bitcoin and Ether: Bitcoin has slightly decreased by 0.29%, while Ether has fallen by 1.25% over the previous 24 hours.

 

LINA

Linear Finance (LINA)

2100NEWS ranking: 470, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Score: 13.7, (Average for Small caps: 10)

Linear Finance (“Linear”) is a non-custodial, cross-chain compatible, delta-one asset protocol. Linear’s long-term DeFi vision is to increase inclusiveness and democratize access to investment assets (digital and traditional). Tremendous value exists in the ability for investors to easily and quickly invest, save fees, and secure assets at fair market value. Linear combines substantial technical experience from numerous crypto projects with extensive financial experience in exotic and structured assets from traditional global asset management firms to bring to market one of the first DeFi projects built upon Ethereum with cross-chain compatibility.

 

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

  • Kaspa and Notcoin: These cryptocurrencies have grown remarkably over the past 24 hours, with Notcoin increasing by 9.33% since midnight.

Overview: Over the last 24 hours, the crypto market peaked around 4 p.m. yesterday, followed by a sharp decline and subsequent fluctuations, with slight instability and no clear upward or downward trend.

  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. 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 0.66% over the previous 24 hours.
  3. Bitcoin and Ether: Bitcoin has decreased by 0.12%, while Ether has had a more significant drop of 1.63% over the last 24 hours.

 

 

NOT

Notcoin (NOT)

2100NEWS ranking: 88, Large-cap Non-Ethereum based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSOT50, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 15.2 (Average for Large-caps: 18)

Notcoin began as a viral Telegram game that onboarded many users into the Web3 ecosystem through a tap-to-earn mining mechanic. The $NOT token, serving as a community-centric currency, drives user interaction and participation by allowing users to earn $NOT through discovering Web3 products, engaging in games and challenges, and contributing value to the ecosystem through content creation and support. Additionally, Web3 builders can showcase their products to the community via Notcoin campaigns, fostering innovation. This integrated approach creates a vibrant community where users are rewarded for their exploration, participation, and contributions within the Web3 space.

 


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