Movers of the Day 30-Sep-2024

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

Top movers of the day are DIA Token and Electroneum. Since 7 pm DIA Token has surged 18.67%, Electroneum is 17.10% 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 -2.27% and -4.25%. 2100NEWS Total Index (NWST1100) ended -3.20%. Bitcoin ended -3.28%, Ether ended -2.04%.

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.

DIA (DIA)

DIA (Decentralised Information Asset) claims to provide financial institutions with an immutable and verified single source of financial market data for any market and asset type. DIA also claims to be an open-source data and oracle platform for the DeFi ecosystem. It is further contended that DIA leverages crypto-economic incentives to drive supply, share and use transparent, crowd-verified price data and oracles on financial and digital assets. This token is claimed to be a governance token.

7:10 p.m. update: Top movers of the day are Non-Playable Coin and dogwifhat. Since 2 pm Non-Playable Coin has increased by 10.05%, dogwifhat by 2.64%. DIA Token is 0.86% higher.

In the afternoon the crypto markets were still going down. Since 2 pm the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have fallen by 0.62%. 2100NEWS Total Index (NWST1100) is 0.50% lower. Bitcoin has decreased by 0.28%, Ether by 0.74%.

Non-Playable Coin (NPC)

NPC is a coin for one of the most recognizable memes online. “I support the current coin” is our community’s motto, a homage to the non-playable character meme first popularized in 2018. The original meme has been redesigned and cleaned up.

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

• EthereumPoW and FTX Token: These cryptocurrencies have grown remarkably over the past 24 hours.
• Gas has increased by 4.68% since the morning update.

Overview: The crypto market has been in a clear downtrend over the last 24 hours, marked by a steady sell-off and unsuccessful recovery attempts. This pattern suggests possible profit-taking and a market correction following previous gains. 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, indicating broad-based selling pressure. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -2.39% to -3.67% since midnight, highlighting a market-wide downturn. 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 retraced by 2.67% over the last 24 hours. Bitcoin and Ether: Bitcoin has retraced by 3.10%, while Ether has faced a less significant retracement of 1.12% over the past 24 hours.

Gas (GAS)

GAS is a virtual currency that represents the right to use the blockchain. This coin is used to make payments for various systems on the blockchain. There are two built-in system assets, which are NEO and GAS. At the same time, NEO is described as the blockchain ownership used for electoral accounting to obtain GAS dividends; GAS powers all transactions on the NEO system, similar to what ETH does with Ethereum. However, NEO is a vital factor for mining/staking, which accrues GAS. In other words, if users own NEO, they will get GAS.

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

• FTX Token and TerraClassicUSD: These cryptocurrencies have grown remarkably over the past 24 hours.
• Golem has risen by 10.84% since midnight.

Overview: Over the last 24 hours, the crypto market has displayed signs of profit-taking and corrective movements following an initial upward trend. This pattern suggests that investors are locking in profits, leading to a temporary market adjustment.

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 trend.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -1.63% to -2.20% since midnight. This widespread decline across different asset groups indicates a market-wide correction.
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 1.03% over the previous 24 hours.
4. Bitcoin and Ether: Bitcoin has retraced by 1.68, while Ether has decreased by 0.74% over the last 24 hours.

Golem (GLM)

Golem is a decentralized marketplace for computing power. It enables CPUs and GPUs to connect in a peer-to-peer network, enabling both application owners and individual users (“requestors”) to rent resources from other users’ (“providers”) machines. These resources can be used to complete tasks requiring any amount of computation time and capacity. Nowadays, centralized cloud providers control these services, and these platforms are constrained by closed networks, proprietary payment systems, and hard-coded provisioning operations. Golem proposes an open-source, decentralized, and user-controlled alternative.