Movers of the Day 11-Jun-2024

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

Top Movers of the Day:

  • Pepe and Ondo: These cryptocurrencies have grown remarkably over the past day.
  • Aavegotchi has increased by 8.71% since 7 p.m.

Overview: The crypto market has experienced significant volatility over the last day, with two major declines and partial recoveries. Despite the recovery toward the end, the overall trend remained bearish.

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 recoveries ranging from 1.10% to 1.95% 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 plunged by 3.75% over the last 24 hours. Bitcoin and Ether: Bitcoin has dropped by 3.17%, while Ether has plunged by 4.67% 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.

 

GHST

Aavegotchi (GHST)

2100NEWS ranking: 363, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 9.9 (Average for Small caps: 10)

Aavegotchi is the governance token of the Aavegotchi NFT Gaming protocol. GHST token holders receive voting power in the AavegotchiDAO, which oversees all aspects of the protocol, Aavegotchi’s flagship game, the Gotchiverse, and Aavegotchi NFTs. Aavegotchis themselves are pixelated ghosts backed by the ERC-721 token standard. The Aavegotchi NFTs have dynamic metadata that changes over time through user interaction. An Aavegotchi’s value and rarity are determined by its collateral stake, traits, and wearables. The collateral stake is based on the innovative ERC721 Aavegotchi NFT that manages an escrow contract holding Aave-backed ERC20 collateral or “aToken,” which generates yield via Aave’s LendingPool. Traits are based on random traits based on birth, kinship, and experience (XP). The protocol is called Aavegotchi as a nod to Aave, which translates to “ghost” in Finnish and is powered by the Aave protocol, one of the leading lending protocols in DeFi. The token ticker also cleverly spells out “ghost” minus the vowel.

 

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

  • Covalent and Dynex: These cryptocurrencies have grown over the past 24 hours, with Dynex rising by 8.81% since 2 p.m.

Overview: The cryptocurrency market has reflected significant volatility and a bearish trend, with substantial declines in key indices and major cryptocurrencies. 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, with several sharp declines.
  2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -4.88% to -6.07% 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 plunged by 6.05% over the last 24 hours.
  4. Bitcoin and Ether: Bitcoin has plunged by 5.04%, while Ether has experienced a more significant drop of 6.67% over the last 24 hours.

 

DNX

Dynex (DNX)

2100NEWS ranking: 548, Small cap, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 13, (Average for Small caps: 10)

Dynexsolve is the proprietary mining algorithm that addresses real-life computational tasks by applying proof-of-useful-work (POUW)  throughout the mining process.

 

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

  • LeverFi and Covalent: These cryptocurrencies have grown remarkably over the past 24 hours, with Covalent rising by 9.16% since the morning update.

Overview: Over the last 24 hours, the crypto market has exhibited significant volatility with sharp declines, and the overall trend for the day was a steep downward trajectory

 2100NEWS NWSBCT Index for Blue Chips: This index focuses on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has reflected the overall sentiment. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -2.43% to -3.90% 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 plunged by 3.81% over the last 24 hours. Bitcoin and Ether: Bitcoin has plunged by 3.75%, and Ether by 3.93% over the previous 24 hours.

 

CQT

Covalent¸(CQT)

2100NEWS ranking: 412, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 5.8 (Average for Small caps: 10.0)

Covalent provides the industry-leading Unified API, bringing visibility to billions of Web3 data points. Developers and analysts use Covalent to build exciting multi-chain applications like crypto wallets, NFT galleries, and investor dashboard tools utilizing data from 177 + blockchains. Covalent is trusted by a community of 40,000+ developers and powers data for 5,000+ applications, including 0x, Zerion, Rainbow Wallet, Rotki, Bitski, and many others.

 

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

  • LeverFi and Gnosis: These cryptocurrencies have grown remarkably over the past 24 hours,
  • Akash Network has risen by 9.74% since midnight.

Overview: The crypto market has steeply declined during the early morning hours.

  1.  NWSBCT Index for Blue Chips: This index focuses on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index mirrored the general market trend, and the overall trend for the day was downward, with the index ending significantly lower than where it started.
  2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -2.68% to -3.30% 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 plunged by 3.14% over the previous 24 hours.
  4. Bitcoin and Ether: Bitcoin has dropped by 2.60%, while Ether has plunged by 3.89% over the last 24 hours.

 

AKT

Akash Network (AKT)

2100NEWS ranking: 100, Large-cap, Index member: NWST1100, NWSL100, NWSCo100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 9.8, (Average for Large-caps: 18)

Akash DeCloud is a faster, better, and lower-cost cloud built for DeFi, decentralized projects, and high-growth companies, providing unprecedented scale, flexibility, and price performance. 10x lower in cost, our serverless computing platform is compatible with all cloud providers and all applications that run on the cloud.

 

 


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