Movers of the Day 5-Jun-2024

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

Top Movers of the Day:

• Myro and Holo: These cryptocurrencies have grown remarkably over the past day, with Holo rising by 6.68% since 7 p.m.

Overview: The crypto market has shown signs of potential consolidation. It is characterized by significant fluctuations that reflect ongoing volatility.

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. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.06% to 0.65% since 7 p.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 risen by 1.22% over the last 24 hours. Bitcoin and Ether: Bitcoin has risen by 0.74%, and Ether by 0.93% over the past 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.

Holo (HOT) 

Holochain is a decentralized application platform that uses peer-to-peer networking for processing agent-centric agreements and consensus mechanisms between users. In Holochain, no true global consensus is maintained. Instead, each agent in the public blockchain maintains a private fork that is managed and stored in a limited way on the public blockchain with a distributed hash table. This enables every device on a network to function independently and only requires data synchronization when necessary or agreed upon by users. This could translate into higher scalability for dapps hosted on Holochain. The Holo ecosystem relies on hosts that provide processing and storage for distributed applications while earning redeemable credits. Holochain Dapps can be developed with JavaScript or Lisp, with support for front-end systems using CSS, HTML, and JavaScript.

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

• BEERCOIN and TokenFi: These cryptocurrencies have grown over the past 24 hours.
• Alephium has risen by 15.43% since 2 p.m.

Overview: The cryptocurrency market has experienced overall growth 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 mirrored the overall market trend.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.72% to 2.24% since midnight, indicating widespread market strength.
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 1.08% over the last 24 hours.
4. Bitcoin and Ether: Bitcoin has risen by 0.77%, while Ether has decreased by 0.38% increase over the last 24 hours.

Alephium (ALPH)

Alephium is a cutting-edge blockchain platform designed to support scalable and secure decentralized applications (dApps). It combines innovative sharding technology with a stateful UTXO (sUTXO) model to ensure efficient and scalable dApps. The platform employs Proof-of-Less-Work (PoLW), reducing energy consumption to 1/8th of Bitcoin’s requirements. Alephium also features a custom virtual machine, Alphred, enhancing the security and development experience while introducing trustless peer-to-peer smart contract transactions. Addressing key blockchain challenges—accessibility, scalability, and security—Alephium offers a robust, energy-efficient, and developer-friendly environment for real-world dApps.

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

• TokenFi and FLOKI: These cryptocurrencies have grown remarkably over the past 24 hours.
• Aurora has risen by 15.31% since the morning update.

Overview: Despite minor fluctuations, the crypto market has exhibited a positive trend, steady growth, and resilience. Bitcoin’s strong performance over the last 24 hours supported significant gains.

 2100NEWS NWSBCT Index for Blue Chips: This index focuses on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has mirrored overall recovery. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.18% to 2.16% since midnight. 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 soared 3.06% over the last 24 hours. Bitcoin and Ether: Bitcoin has soared by 2.99%, while Ether has risen by 1.10% over the previous 24 hours.

Aurora (AURORA)

Aurora is an Ethereum Virtual Machine created by the team at the NEAR Protocol, delivering a turn-key solution for developers to operate their apps on an Ethereum-compatible, high-throughput, scalable, and future-safe platform with low transaction costs for their users.

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

• TokenFi and FLOKI: These cryptocurrencies have grown remarkably over the past 24 hours, with TokenFi surging by 20.31% since midnight.

Overview: Led by Bitcoin, the crypto market has experienced a notable upward movement over the last 24 hours. This bullish trend is reflected across several key indices and significant cryptocurrencies.

1.  NWSBCT Index for Blue Chips: This index focuses on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has maintained an upward trajectory with minor fluctuations.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.47% to 2.89% since midnight, indicating broad market strength across different segments.
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 soared 3.42% over the previous 24 hours, highlighting widespread gains in the market.
4. Bitcoin and Ether: Bitcoin has soared 3.11%, leading the market rally, while Ether has risen by 1.16% over the last 24 hours

TokenFi (TOKEN)

TokenFi aims to simplify crypto and asset tokenization, leveraging the expertise of the Floki team, which previously launched the successful Floki token. The tokenization market is projected to reach $16 trillion by 2030. Backed by a $10 million investment from DWF Labs, TokenFi plans to develop AI-driven products and establish itself as a leading platform. Like World Table Tennis, strategic partnerships further bolster its growth and industry reach.