Movers of the Day 1-Oct-2024

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

Top movers of the day are Celo and ECOMI. Since 7 pm Celo has increased by 2.93%, ECOMI by 3.16%.

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 -4.40% and -8.56%. 2100NEWS Total Index (NWST1100) ended -5.14%. Bitcoin ended -4.12%, Ether ended -5.38%.

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.

Celo (CELO)

The Celo protocol is a platform on which the community can create stabilized value digital assets. These digital assets aim to track the value of an existing real-world asset (for example, the first one, cUSD, tracks the US Dollar). The Celo protocol also includes mechanisms for lightweight identity and ultralight mobile validation. The platform aims to make the assets built on the protocol easy to use with a mobile device.

7:10 p.m. update: Top movers of the day are DIA Token and Orbs. Since 2 pm DIA Token has surged 28.29%, Orbs is 12.71% higher. VeThor Token has increased by 7.54%.

In general, the escalation of the situation in the Middle East pushed the crypto markets down sharply. Since 2 pm the tokens built on Ethereum measured by 2100NEWS Ethereum Based Index (NWSET100) have dropped by 6.67%. 2100NEWS Total Index (NWST1100) is 4.02% lower. Bitcoin has fallen by 2.40%, Ether by 4.89%.

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.

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

• Celo and TerraClassicUSD: These cryptocurrencies have grown remarkably over the past 24 hours, with TerraClassicUSD rising by 17.71% since the morning update.

Overview: The crypto market has shown considerable volatility over the last 24 hours. After a dip, the market recovered steadily, showing notable upward momentum. By morning, the market seemed to have absorbed the recent fluctuations, exhibiting signs of stabilization. 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 gains ranging from 0.25% to 1.57% 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 slightly recovered by 0.33% over the last 24 hours. Bitcoin and Ether: Bitcoin has seen a negligible increase of 0.07%, while Ether has recovered somewhat by 0.26% over the past 24 hours.

TerraClassicUSD (USTC)

Terra is an open-source blockchain hosting a vibrant ecosystem of decentralized applications (dApps) and top-tier developer tools. Using proof-of-stake consensus and ground-breaking technologies like Mantlemint, Terrain, and Terra Station, the Terra blockchain is one of the fastest chains in existence, giving users an unparalleled DeFi experience. As a permissionless, borderless economy, Terra enables next-generation financial products to be accessible to anyone with an Internet connection.

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

• Woo and Celo: These cryptocurrencies have grown remarkably over the past 24 hours.
• Echelon Prime has risen by 13.32% since midnight.

Overview: Over the last 24 hours, the crypto market has trended sideways, marked by signs of profit-taking and corrective movements, 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 gains ranging from 0.54% to 1.67% 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 slightly decreased by 0.41% over the previous 24 hours.
4. Bitcoin and Ether: Bitcoin has retraced by 0.64; in contrast, Ether has risen by 0.69% over the last 24 hours.

Echelon Prime (PRIME)

Echelon Prime is a multifaceted platform that merges the realms of decentralized finance and gaming through its innovative blockchain technology. Eclat World developed Echelon Prime, which was designed to foster interoperability among various systems and networks. This interoperability is crucial for enabling the seamless exchange and growth of assets within a global community. The platform is built on a foundation of decentralized smart contracts, ensuring secure and transparent transactions.