Movers of the Day 18-Jun-2024

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

Top movers of the day are aelf and Aethir which has increased by 4.17% since 7 pm. aelf is 1.49% higher.

The crypto markets finished the day in red as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS Indices ended between -1.90% and -9.25%. 2100NEWS Total Index (NWST1100) ended -3.11%. Bitcoin ended -2.05%, Ether ended -1.50%.

The criteria upon which these specific cryptocurrencies and indices have been highlighted are detailed in supplemental notes. The provided data shows the last 24 hours until midnight. Therefore, it may not accurately represent the current market conditions at the time of your inquiry.

Aethir (ATH)

Aethir is a decentralized cloud computing platform that is revolutionizing how Graphical Processing Units (GPUs) are owned, shared, and used. Unlike traditional centralized models, Aethir has created a scalable and competitive framework for sharing computational resources, serving businesses and applications across various industries and locations.

7:10 p.m. update: Top movers of the day are ALEX Lab and FTX Token. Since 2 pm ALEX Lab has surged 25.48%, FTX Token is 14.31% higher.

In the afternoon the crypto markets were still going down. Since 2 pm the large caps represented by 2100NEWS 100 Large Cap Index (NWSL100) have fallen by 1.71%. 2100NEWS Total Index (NWST1100) is 1.26% lower. Bitcoin has decreased by 1.42%, Ether only by 0.08%.

ALEX Lab (ALEX)

ALEX is the first one-stop DeFi services platform on Bitcoin via Stacks. The sea change of DeFi begins as simply as lending and borrowing Bitcoin. The smart contracts that govern those loans can be used to create bonds. Using these decentralized bonds, we can recreate derivative products, leverage, and all the other functions of higher finance, replacing them with the algorithms of an Automated Liquidity Exchange or ALEX.

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

• Status and aelf: These cryptocurrencies have grown remarkably over the past 24 hours, with Status  soaring 3.74% since the morning update.

Overview: The current crypto market environment shows significant bearish pressure with steep declines overnight. The slight recovery attempts in the morning hours indicate some buying interest, but the market is still under a robust bearish influence. The proximity to a solid resistance area, as highlighted in the weekly crypto report, suggests that this level may halt the current decline.

 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 plunges ranging from -2.14% to -9.65% 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 2.92% over the last 24 hours. Bitcoin and Ether: Bitcoin has decreased by 0.61%, while Ether has dropped by 3.03% over the previous 24 hours.

Status (SNT) 

Status is a messenger, crypto wallet, and Web3 browser built with state-of-the-art technology. Status strives to be a secure communication tool that upholds human rights. They enable community money and community law and, through privacy, preserve culture.

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

• aelf and Aethir: These cryptocurrencies have grown remarkably over the past 24 hours, with aelf  surging by 21.65% since midnight.

Overview: The crypto market has experienced renewed selling pressure since midnight, with significant downward pressure observed across altcoins.

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, reflecting the recent declines.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported plunges ranging from -1.92% to -8.42% since midnight. The chart on the right shows extreme bearish pressure on Ethereum-based tokens since the beginning of the week.
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 3.39% over the previous 24 hours.
4. Bitcoin and Ether: Bitcoin has fallen by 0.98%, while Ether has plunged by 3.22% over the last 24 hours.

aelf (ELF)

Ælf is a distributed cloud computing blockchain network. Ælf offers high performances by using full nodes developed on cloud servers. Each smart contract runs on its Blockchain. The development of this coin is determined by users’ voting system, making it entirely community-driven. This means token holders can contribute to decision-making and representatives via their votes.

Convex Finance (CVX)

Convex Finance is a DeFi protocol that allows Curve liquidity providers to earn a share of trading fees on Curve without staking liquidity there. Instead, LPs can stake with Convex and receive boosted CRV and liquidity mining rewards. This provides CRV stakers with better capital efficiency and positions Convex Finance as an important player in the Curve wars.