Movers of the Day 23-Jul-2024

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

Top movers of the day are DEAPcoin and SLERF which has increased by 3.19% since 7 pm. DEAPcoin is 3.39% lower.

Most cryptocurrencies 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 -1.98% and -4.17%. 2100NEWS Total Index (NWST1100) ended -2.40%. Bitcoin ended -2.84% while Ether ended +0.30%.

SLERF (SLERF)

SLERF is a community memecoin built on unity. A sloth-based memecoin with the goal of displaying the power of working together and never giving up.

7:10 p.m. update: Top movers of the day are DEAPcoin and Convex Finance. Since 2 pm DEAPcoin has surged 32.42%, Convex Finance is 17.54% higher.

In the afternoon the crypto markets went down significantly. Since 2 pm the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have fallen by 2.23%. 2100NEWS Total Index (NWST1100) has fallen by 1.75%. Bitcoin has decreased by 0.99%, Ether even by 2.80%.

DEAPcoin (DEP)

DEAPcoin is the next generation Entertainment Company that will create a new economy and culture with entertainment and assets in the digital age based on blockchain technology. A new culture and market created on the basis of ‘fun’. DEAPcoin will change/defy the conventional way of the era where we buy ‘fun’ with the money we earn working.

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

• SLERF and Ultima: These cryptocurrencies have grown remarkably over the past 24 hours.
• Ethereum Name Service has risen by 11.10% since the morning update.

Overview: The crypto market has experienced consolidation with noticeable volatility, which is typical after a retracement. 2100NEWS 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 trend, showing similar patterns of volatility and consolidation. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -0.78% to -2.08% 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 fallen by 1.32% over the last 24 hours. Bitcoin and Ether: Bitcoin has fallen by 1.16%; in contrast, Ether has increased by 0.55% over the previous 24 hours.

Ethereum Name Service (ENS)

2100NEWS ranking: 64, Large cap Ethereum based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSET100, NWSDM100

2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 18 (Average for Large-caps: 18)

The Ethereum Name Service is a distributed, open, and extensible naming system based on the Ethereum blockchain. ENS’s job is to map human-readable names like ‘alice.eth’ to machine-readable identifiers such as Ethereum addresses, other cryptocurrency addresses, content hashes, and metadata. ENS also supports ‘reverse resolution,’ enabling metadata association such as canonical names or interface descriptions with Ethereum addresses. ENS has goals similar to DNS, the Internet’s Domain Name Service, but it has a significantly different architecture due to the capabilities and constraints provided by the Ethereum blockchain. Like DNS, ENS operates on a system of dot-separated hierarchical names called domains, with the domain owner having complete control over subdomains.

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

• Shentu and Non-Payable Coin: These cryptocurrencies have grown remarkably over the past 24 hours, with Shentu rising by 11.59% since midnight.

Overview: After peaking over the last 24 hours, the crypto market fluctuated and then showed a downward trend starting in the early morning hours, resulting in a significant drop.

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 similar patterns.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -1.49% to -4.02% since midnight, indicating overall downward pressure.
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 fallen by 1.58% over the previous 24 hours.
4. Bitcoin and Ether: Bitcoin has fallen by 1.17% and Ether by 0.79% over the previous 24 hours.

Shentu (CTK)

Shentu Chain is a security-first, delegated proof-of-stake blockchain designed for mission-critical applications like DeFi, NFTs, and autonomous vehicles. It emphasizes cross-chain compatibility and is built as a Cosmos Hub with full EVM and Hyperledger Burrow compatibility, as well as eWASM and AntChain. The Security Oracle offers real-time transaction protection and flags vulnerabilities. Audited projects with high-security scores may qualify for ShentuShield, a decentralized reimbursement system for lost or stolen crypto assets. Projects can use DeepSEA, a secure programming language supported by the Ethereum Foundation, Qtum Foundation, and IBM, directly with the Shentu Virtual Machine (SVM), which is EVM-compatible. The native token, CTK, powers on-chain functionalities, including the Security Oracle, ShentuShield, gas fees, and governance voting.