Movers of the Day 2-Oct-2024
Tokens and coins that moved the most in the last 24 hours:
Top Movers of the Day:
- Flare and Reef: These cryptocurrencies have grown remarkably over the past day, with Flare increasing by 3.58% since 7 p.m.
Overview: Over the last day, the crypto market has demonstrated a volatile downward movement. A sharp decline around 6 p.m. followed signs of attempting recovery, characterized by minor upward movements and fluctuations.
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 sentiment. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -2.01% to -3.03% 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 dropped by 1.58% over the last 24 hours. This sharp increase indicates a strong market rally. Bitcoin and Ether: Bitcoin has slightly decreased by 0.35%, while Ether has experienced a more significant drop of 3.67% 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.
7:10 p.m. update: The Top movers of the day are Sun [New] and Civic. Since 2 p.m., Sun [New] has surged 15.08%; Civic has increased by 5.28%.
The crypto markets trended sideways. In the last 24 hours, the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have fallen by 1.20%. 2100NEWS Total Index (NWST1100) is 0.98% lower. Bitcoin has decreased by 0.54% and Ether by 1.77%.
Sun [New] (SUN)
| 2100NEWS ranking: 182, Mid-cap Non-Ethereum-based Token, Index member: NWST1100, NWSM200, NWSOT50, NWSDM100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 13.1 (Average for Non-Ethereum-based Tokens: 13.8) |
The SUN.io platform is TRON’s first one-stop platform that supports stablecoin swap, token mining, and self-governance.
Top Movers of the Day (at 2 p.m. update):
- Wormhole and Degen (Base): These cryptocurrencies have grown remarkably over the past 24 hours, with Degen (Base) surging by 24.48% since the morning update.
Overview: The crypto market has experienced a significant downturn due to heightened geopolitical tensions in the Middle East. The situation, especially Iran firing missiles into Israel, has caused market uncertainty and increased selling pressure. This has impacted both the crypto and global financial markets, with oil prices surging by about 5%, the highest spike in a year. The fear of further conflict in an oil-rich region has contributed to market volatility. Despite some attempts at recovery, market sentiment remains bearish. 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. 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 5.59% over the last 24 hours. Bitcoin and Ether have seen considerable drops, with Bitcoin plummeting by 4.05% and Ether experiencing a more substantial decline of 6.58% in the same period.
Degen (DEGEN)
| 2100NEWS ranking: 360, Small cap Non-Ethereum-based Token, Index member: NWST1100, NWSS300 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 9.5, (Average for Small caps: 10.4) |
Degen started as a reward token for participants in the Farcaster Degen channel. What began as a meme coin now boasts a substantial following of developers, crypto content creators, and enthusiasts who have bought into the coin. During its initial launch, 15% of the total supply was airdropped to active members of the Farcaster’s Degen channel, and there are plans to airdrop 70% of the token’s total supply eventually.
Top Movers of the Day (at 9 a.m. update):
- Degen (Base) and ECOMI: These cryptocurrencies have grown remarkably over the past 24 hours.
- Wormhole has surged by 20.78% since midnight.
Overview: Over the last 24 hours, the crypto market has plummeted due to geopolitical tensions in Israel.
- 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.
- The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.99% to 4.56% since midnight.
- 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 plummeted 4.68% over the previous 24 hours.
- Bitcoin and Ether: Bitcoin has plummeted by 3.56, while Ether has experienced a more significant dip of 6.18% over the last 24 hours.
Wormhole (W)
| 2100NEWS ranking: 73, Large cap Non-Ethereum-based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSOT50 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 15.1 (Average for Large caps: 17.9) |
Wormhole is the leading interoperability platform powering multichain applications and bridges at scale. The platform is designed to connect different blockchains, allowing for the secure and efficient transfer of data and assets. Individual blockchains like Ethereum and Solana are not inherently compatible with each other. Imagine Wormhole as a series of highways connecting cities, where each city represents a distinct blockchain ecosystem.
Branko
Litecoin