Movers of the Day 9-Jun-2024

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

Top Movers of the Day:

  • Turbo and BEERCOIN: These cryptocurrencies have grown remarkably over the past day, with Turbo surging by 21.30% since 9 a.m.

Overview: Over the last day, the crypto market has experienced significant volatility, ultimately ending higher than where it started.

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 0.34% to 1.51% since 9 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 risen by 0.66% over the last 24 hours. Bitcoin and Ether: Bitcoin has increased by 0.47%, while Ether has risen by 0.92% 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.

 

TURBO

Turbo (TURBO)

2100NEWS ranking: 243, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 8.5, (Average for Mid-caps: 13.2)

Turbo Token is a groundbreaking memecoin created entirely by artificial intelligence. The project began as a bold experiment with the founder challenging GPT-4 to create a memecoin on a budget of just $69. Turbo Token emerged as a decentralized, community-driven crypto adventure. The project leveraged AI for every aspect of its creation, including the name, logo, tokenomics, and smart contract code. This innovative approach has resulted in Turbo gaining significant attention and popularity in the crypto community. Key features of Turbo Token include:

  • AI-Creation: Entirely created by GPT-4, from concept to execution.
  • Community-Driven: Turbo Token emphasizes decentralization and community involvement.
  • Unique Tokenomics: With a total supply of 69 billion tokens and no taxes or presales, ensuring fairness and accessibility.

 

The top movers of the day are Coinweb and Biconomy, which have surged 12.57% since midnight. Coinweb is 9.90% higher, and ConstitutionDAO has increased by 3.87%.

Most cryptocurrencies started slightly higher. Since midnight, the tokens built on Ethereum, represented by the 2100NEWS Ethereum-Based Index (NWSET100), have increased by 0.13%. Our main 2100NEWS Total Index (NWST1100), which measures the performance of the significant 1100 crypto assets by market capitalization, is 0.04% higher. Ether has increased by 0.23%, while Bitcoin is 0.03% lower.

 

PEOPLE

ConstitutionDAO (PEOPLE)

2100NEWS ranking: 147, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 16.5 (Average for Ethereum-based Tokens: 15.7)

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.

 

CWEB

Coinweb (CWEB)

2100NEWS ranking: 625, Microcap Ethereum-based Token, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 7.2 (Average for Microcap: 7.6)

The Coinweb protocol is an entirely new approach to blockchain technology. Rather than building a new blockchain or extending an existing blockchain architecture, the Coinweb protocol allows existing and new blockchains to be used in a very different way than how they are used now. Coinweb combines different and incompatible blockchains and allows dApps to not only combine the best properties of every blockchain but also supercharge the connected blockchains, unlocking a range of new applications otherwise impossible to implement.

 

BICO

Biconomy (BICO)

2100NEWS ranking: 154, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 13 (Average for Ethereum-based Tokens: 15.7)

Biconomy is the multi-chain transaction infrastructure for the next-generation Web 3.0 applications. Through Biconomy’s powerful and easy-to-use APIs, developers can enable a simple and customized user journey so their end-users don’t get frustrated by blockchain complexities. By solving key pain points at the crypto transactional layer, Biconomy is on a mission to bring the familiarity of Web 2.0 to simplify Web 3.0 experiences that will drive mass adoption.

 


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