Movers of the Day 16-Sep-2024

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

Top Movers of the Day:

• Saga and Drift: These cryptocurrencies have grown remarkably over the past day, with Drift increasing by 6.83% since 7 p.m.

Overview: The crypto experienced a significant decline over the last 24 hours, starting with a sharp drop and then a gradual downtrend. Although there were periods of stabilization and minor recovery attempts, the overall sentiment remained negative.

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 broader market’s bearish sentiment, reflecting losses across these top-tier assets. 2100NEWS Total Index (NWST1100): Representing a wide spectrum of the crypto market, this index tracks 1100 significant cryptocurrencies based on their market cap. It has retraced by 2.80% over the last 24 hours, showcasing strong overall market performance. Bitcoin and Ether: Bitcoin has retraced by 2.78% and Ether by 2.61% 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.

Drift (DRIFT)

Drift is a decentralized exchange (DEX) built on the Solana blockchain, offering perpetual and spot trading markets. It enables users to trade pre-launch and launched tokens with up to 10x leverage. A key feature of Drift is its support for a diverse range of collateral options beyond stablecoins, providing traders with increased capital efficiency. Leveraging Solana’s high-speed and low-cost infrastructure, Drift delivers a seamless trading experience, making it a prominent platform for on-chain derivatives and token trading.

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

• Saga and Civic: These cryptocurrencies have grown remarkably over the past 24 hours, with Civic increasing by 2.50% since 2 p.m.

Overview: The crypto market has continued a steady and significant pullback.

1. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has tracked the broader market’s movements.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -1.95% to -3.38% 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 retraced by 4.36% over the last 24 hours.
4. Bitcoin and Ether: Bitcoin has retraced by 3.66% and Ether by 4.23% over the previous 24 hours.

Civic (CVC)

Civic is an identity management service that allows one to protect and authorize the use of their identity in real-time.

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

• Turbo and Stroj: These cryptocurrencies have grown remarkably over the past 24 hours.
• Ponke has risen by 12.22% since the morning update.

Overview: The crypto market experienced a steady and significant pullback overnight, followed by a slight recovery attempt and consolidation. 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 -1.20% to -2.00% 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 pulled back by 3.27% over the last 24 hours, reflecting a downtrend despite the slight recovery attempts. Bitcoin and Ether: Bitcoin has pulled back by 2.25%, while Ether has plummeted by 4.14% over the past 24 hours.

Ponke (PONKE)

PONKE represents a novel digital asset created on the Solana network, a blockchain known for its high-speed transactions and low fees. This token distinguishes itself with a distinct approach to tokenomics, offering a total supply of 555 million tokens. PONKE’s design caters to the needs of online traders and gaming enthusiasts, aiming to provide a seamless and engaging experience in these domains. The token’s integration into major cryptocurrency exchanges enhances its accessibility to a broader audience. Moreover, PONKE’s community-driven approach emphasizes user engagement, offering tools like a ‘helmet’ feature for community members and maintaining active social media channels to foster a strong, interactive community around the token.

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

• Turbo and STP: These cryptocurrencies have grown remarkably over the past 24 hours, with STP soaring 34.63% since midnight.

Overview:  The crypto market has experienced a steady and significant pullback over the past 24 hours, particularly in the evening and overnight. Despite a slight recovery attempt, the market remains under pressure, with significant assets like Bitcoin and Ether experiencing notable declines.

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 sentiment.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -1.40% to -2.08% 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 had a pullback of 3.28% over the previous 24 hours.
4. Bitcoin and Ether: Bitcoin has pullbacked by 2.45%, while Ether has plummeted by 5.33% over the last 24 hours.

STP (STPT)

Standard Tokenization Protocol is an open-source standard defining how tokenized assets are issued and transferred while complying with all necessary regulations. Tokens built on top of the STP-Standard will use the protocol’s on-chain Validator to verify compliance with any jurisdictional or issuer-specific requirements. Standard Tokenization Protocol allows assets to be tokenized in a way that makes them fully compliant across jurisdictions and transferable across any blockchain platform.