Movers of the Day 26-Jul-2024

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

Top movers of the day are PlatON Network, rats (Ordinals), and StormX which has surged 21.67% since 7 pm. PlatON Network has increased by 7.13%, rats (Ordinals) by 7.74%.

The crypto markets finished the day in green as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS Indices ended between +3.11% and +5.41%. 2100NEWS Total Index (NWST1100) ended +3.39%. Bitcoin ended +3.26%, Ether ended +2.79%.

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.

StormX (STMX)

Founded in 2015, StormX is one of the first global cryptocurrency-based solutions to reach worldwide markets. As a mobile app and browser extension, StormX aims to bring users cashback in crypto for most of their online purchases with enterprise partners like Samsung, Nike, and Lego. StormX also allows users to stake the native STMX token to boost their rewards.

7:10 p.m. update: Top movers of the day are UMA, and PlatON Network which has increased by 7.62% since 2 pm. UMA is 3.41% higher.

In the afternoon the crypto markets were still up. Since 2 pm 2100NEWS Indices have increased up to 0.99%. 2100NEWS Total Index (NWST1100) is 0.29% higher. Bitcoin has increased by 0.19%, Ether by 0.08%.

PlatON (LAT)

PlatON is a future-oriented infrastructure for privacy computation and distributed economies built on blockchain and cryptographic technologies. PlatON aims to enable and facilitate trades in data usage while protecting data ownership and privacy, eventually establishing a viable market for data and computing power. PlatON, in its capacity as a data and computation marketplace, differentiates from other public blockchains with many added features, which creates a new value proposition for its native token and requires a unique governance structure.

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

• UMA and Aerodrome Finance: These cryptocurrencies have grown remarkably over the past 24 hours
• Pundi X (New) has risen 8.30% since the morning update.

Overview: The crypto market has experienced consolidation following a notable 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 trend. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported recoveries ranging from 2.21% to 4.20% 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 recovered by 4.05% over the last 24 hours. Bitcoin and Ether: Bitcoin has seen a robust recovery of 4.95%, while Ether has also made a rebound, albeit at a more modest rate of 2.22%, over the past 24 hours.

Pundi X (New) (PUNDIX)

2100NEWS ranking: 270, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200

2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 17.2 (Average for Mid-caps: 13.3)

Pundi X is a leading developer of blockchain-powered devices that transform retail businesses with its blockchain-based point-of-sale solution. The solution allows retail merchants and consumers to conduct instantaneous in-store transactions on its blockchain. The blockchain solution was founded in 2017 and launched its ICO in January 2018 as the world’s first point-of-sale solution. Following a successful ICO, Pundi X successfully launched retail-focused services, including XPOS, XWallet, and XPASS, as well as the world’s first blockchain phone, BOB.

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

• Apu Apustaja and UMA: These cryptocurrencies have grown remarkably over the past 24 hours, with UMA rising by 17.39% since midnight.

Overview: The crypto market has experienced periods of early volatility followed by a strong recovery.

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 recoveries ranging from 2.11% to 4.10% 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 3.70% over the previous 24 hours, reflecting a general market uptrend.
4. Bitcoin and Ether: Bitcoin has recovered by 4.32% and Ether by 2.90% over the last 24 hours.

UMA (UMA)

UMA is designed to power the financial innovations made possible by permissionless, public blockchains like Ethereum. UMA defines an open-source protocol that allows any two counterparties to design and create their own financial contracts using fiat financial derivatives concepts. However, unlike traditional derivatives, UMA contracts are secured with economic incentives alone, making them self-enforcing and universally accessible.