Movers of the Day 12-Jun-2024

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

Top Movers of the Day:

  • Livepeer and io.net: These cryptocurrencies have grown remarkably over the past day, with io.net increasing by 7.70% since 7 p.m.

Overview: The crypto market has experienced significant volatility over the last day, with sharp upward and downward movements. The overall trend was slightly upward, indicating some recovery and positive sentiment.

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 significant midday spike suggests periods of strong buying interest, while the evening decline and subsequent recovery highlight the ongoing volatility in the market. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -1.45% to -2.39% 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 recovered by 2.25% over the last 24 hours. Bitcoin and Ether: Bitcoin has recovered by 1.75% and Ether by 1.82% 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.

 

IO

io.net (IO)

2100NEWS ranking: , Index member: –
2100NEWS DA Orderbook Quality Evaluation Grade: -, Score: 13.7

io.net represents a groundbreaking advancement in decentralized AI computing, offering the world’s largest decentralized GPU network. This platform aggregates GPU power from various sources, including underutilized data centers and crypto mining farms, to create scalable and distributed clusters capable of handling intensive AI and machine learning workloads. io.net significantly reduces costs, offering GPU computing at up to 90% savings compared to traditional centralized cloud providers like AWS and Google Cloud. The network’s unique capability to deploy tens of thousands of GPUs with low latency facilitates rapid scaling and efficient processing. By partnering with decentralized infrastructure networks like Render and Filecoin, io.net extends its compute capacity and monetization opportunities for AI/ML companies. This collaborative and innovative ecosystem supports the growing demand for GPU resources driven by the exponential growth of AI applications. With a global presence in over 138 countries, io.net democratizes access to GPU computing power, enabling AI startups and enterprises to accelerate their development processes. This initiative addresses the challenges of GPU scarcity and high costs and fosters a new era of AI innovation, making cutting-edge computational resources more accessible and economically feasible.​

 

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

  • Injective and Livepeer: These cryptocurrencies have grown over the past 24 hours, with Livepeer rising by 17.91% since 2 p.m.

Overview: The cryptocurrency market has experienced positive movement, especially the significant spike in the afternoon, suggesting improving investor confidence and a potential reversal from the previous downward trends.

  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, indicating a potential stabilization in the market.
  2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported recoveries ranging from 3.32% to 6.04% 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 recovered by 5.31% over the last 24 hours.
  4. Bitcoin and Ether: Bitcoin has recovered by 4.68% and Ether by 4.72% over the last 24 hours.

 

LPT

Livepeer (LPT)

2100NEWS ranking: 112, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 12.8 (Average for Tokens: 16.2)

Livepeer is a video infrastructure network for live and on-demand streaming. It is designed to give developers the freedom to innovate, creators autonomy from platforms, and viewers a choice in their experience.

 

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

  • Helium and Synapse: These cryptocurrencies have grown remarkably over the past 24 hours, with Synapse rising by 9.99% since the morning update.

Overview: Over the last 24 hours, the crypto market has exhibited significant volatility with sharp declines but has steadily recovered from its overnight lows.

 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, with a slight upward trend despite the volatility. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported recoveries ranging from 0.68% to 1.32% 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 increased by 0.59% over the last 24 hours, indicating a potential stabilization. Bitcoin and Ether: Bitcoin has recovered by 1.36%, while Ether has increased by 0.20% over the previous 24 hours.

 

SYN

Synapse (SYN)

2100NEWS ranking: 296, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 9.8, (Average for Mid-caps: 13.2)

Synapse is a cross-chain layer ∞ protocol powering frictionless interoperability between blockchains. Synapse provides decentralized, permissionless transactions between any L1, sidechain, or L2 ecosystem. It powers integral blockchain activities such as asset transfers, swaps, and generalized messaging with cross-chain functionality – enabling new primitives based on its cross-chain architecture. While Synapse focuses on cross-chain transactions, at its core, there has been and continues to be an AMM that enables low slippage swaps between pegged assets on any chain. At any point, users can use Synapse to swap between native stablecoins at the best rates on all Synapse-enabled chains.

 

 

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

  • Bonk and Synapse: These cryptocurrencies have grown remarkably over the past 24 hours, with Synapse increasing by 9.74% since midnight.

Overview: The crypto market has experienced a turbulent trading environment with fluctuating investor confidence, leading to sharp declines and partial recoveries within 24 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.
  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 0.60% over the previous 24 hours.
  3. Bitcoin and Ether: Bitcoin has decreased by 0.49%, while Ether has fallen by 0.72% 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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