Movers of the Day 25-Jul-2024

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

Top Movers of the Day:

  • Galxe and Pyth Network: These cryptocurrencies have grown remarkably over the past day.
  • cat in a dogs world has increased by 7.23% since 7 p.m.

Overview: The crypto market experienced notable volatility over the last 24 hours, with a sharp initial decline, midday stabilization attempts, and a late afternoon recovery.

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 market sentiment. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.24% to 1.29% 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 fallen by 1.53% over the last 24 hours. Bitcoin and Ether: Bitcoin has slightly increased by 0.32%; in contrast, Ether has shown a significant plunge of 4.89% 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.

 

MEW

cat in a dogs world (MEW)

2100NEWS ranking: 178, Mid-cap Non-Ethereum-based Token, Index member: NWST1100, NWSM200, NWSOT50, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 11.4 (Average for Non-Ethereum-based Tokens: 13.9)

MEW, the cat-inspired cryptocurrency, is on a mission to reclaim its territory from the dogs. With the goal of siphoning liquidity from its rivals, MEW emerges to reclaim its rightful place in the crypto realm at the top of the food chain.

 

7:10 p.m. update: The top movers of the day are COTI and Gitcoin. Since 2 pm COTI has increased by 6.17%, and Gitcoin is 2.48% higher.

The crypto markets were still down. Over the past 24 hours, the non-Ethereum tokens represented by the 2100NEWS NonEthereum Based Index (NWSOT50) have dropped by 6.16%. The tokens built on Ethereum, measured by the 2100NEWS Ethereum-Based Index (NWSET100), have fallen by 4.93%. Bitcoin has fallen by 2.29%, and Ether even by 7.76%.

 

COTI

COTI (COTI)

2100NEWS ranking: 229, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 16.1 (Average for Coins: 15.2)

Currency Of The Internet is a decentralized payment platform that aims to become a payment mechanism for cryptocurrency users. It can instantly convert and transact digital assets through the Trustchain, a protocol developed by the COTI platform to replace third-party entities. In addition, COTI uses a blockless payment system based on a directed acyclic graph (DAG) to improve the protocol scalability. The COTI token is the cryptocurrency created to fuel the payment platform. It can be used on the Currency Of The Internet exchange mechanisms to pay for goods and services or earn fee discounts.

 

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

  • Oasys and Coq Inu: These cryptocurrencies have grown remarkably over the past 24 hours, with Coq Inu rebounding by 5.04% since the morning update.

Overview: The crypto market has experienced consolidation with noticeable volatility following a notable downturn that started yesterday afternoon. This downturn was led by Ether, which has dropped by 8.29%, coinciding with the debut of Spot Ether ETFs. 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. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -3.00% to -4.34% 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 plummeted by 4.91% over the last 24 hours. Bitcoin and Ether: Bitcoin has dropped by 3.41%, while Ether has plummeted by 8.29% over the previous 24 hours.

COQ

Coq Inu (COQ)

2100NEWS ranking: 293, Mid-cap Non-Ethereum-based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 10 (Average for Mid-caps: 13.3)

Coq Inu is a meme coin that operates on the Avalanche C-Chain. It has a unique feature in its tokenomics, with a total and maximum supply of 69 trillion COQ tokens. This cryptocurrency was founded by respected members of the community, who took no distribution for themselves and contributed the entire supply of the coin with 150 Avalanche (AVAX) in initial liquidity.

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

  • Galxe and Oasys: These cryptocurrencies have grown remarkably over the past 24 hours, with Oasys surging by 27.21% since midnight.

Overview: The crypto market has experienced a notable downturn from yesterday afternoon, coinciding with the debut of Spot Ether ETFs.

  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 -2.53% to -3.56% 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 dropped by 3.69% over the previous 24 hours.
  4. Bitcoin and Ether: Bitcoin has dropped by 2.40%, while Ether has plunged by 7.84%, likely influenced by the market’s reaction to the introduction of Spot Ether ETFs.

 

OAS

Oasys (OAS)

2100NEWS ranking: 337, Small cap, Index member: NWST1100, NWSS300, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 9 (Average for Coins: 15.2)

Oasys is a blockchain platform tailored specifically for the gaming industry. It addresses the limitations of traditional blockchains in handling high transaction volumes typical in games. Its multi-layered architecture, comprising the Hub-Layer (Layer 1) and Verse-Layer (Layer 2), ensures scalability, high performance, and network stability. The Hub Layer handles global data distribution and resilience, while the Verse Layer, utilizing Optimistic Rollups, facilitates fast and efficient transaction processing for game-specific subnetworks. Key features of Oasys include gasless transactions, making it cost-effective for developers and players, and an eco-friendly Proof-of-Stake (PoS) consensus mechanism that reduces energy consumption. Backed by major gaming companies like Ubisoft and Sega, Oasys ensures high data security and availability, with game assets and transactions backed up across layers to prevent data loss. This innovative approach allows Oasys to offer a seamless gaming experience with high transaction throughput and low costs, promoting the integration of blockchain technology into mainstream gaming.

 

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