Movers of the Day 4-Oct-2024

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

Top movers of the day are Civic and DIA Token which has surged 29.29% since 7 pm. Civic has increased by 9.56%.

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. The čarge caps represented by 2100NEWS 100 Large Cap Index (NWSL100) ended +3.71%. 2100NEWS Total Index (NWST1100) ended +3.09%. Bitcoin ended +2.52%, Ether ended +3.22%.

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 Chia and Civic. Since 2 pm Chia has surged 15.54%, Civic is 11.67% higher.

In the evening the crypto markets went up. Since 2 pm 2100NEWS Indices have increased up to 2.23%. 2100NEWS Total Index (NWST1100) is 1.50% higher. Bitcoin has increased by 1.29%, Ether by 2.05%.

Chia (XCH)

Chia network is a purpotedly eco-friendly blockchain platform that is considered to be among the most decentralized blockchains. With hundreds of thousands of nodes, each carrying a copy of the blockchain’s ledger, the network allows for quick propagation of information. The Chia blockchain follows a Coin set model to keep track of the network’s state. Each coin on the Chia network is locked with a Chialisp program and hashed to provide strong security to the blockchain. The Chia blockchain’s major functions include processing financial transactions, running programs written in Chialisp, and minting tokens from XCH.

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

• LCX and FTX Token: These cryptocurrencies have grown remarkably over the past 24 hours.
• Sun (New) has increased by 8.39% since the morning update.

Overview: The crypto market has shown signs of recovery, finding a support level and following a steady upward trend. Despite this positive momentum, short-term fluctuations persist, reflecting the market’s ongoing caution.  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 1.17% to 3.92% since midnight, suggesting a market-wide recovery. 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 1.57% over the last 24 hours. Bitcoin and Ether: Bitcoin has recovered by 1.10, while Ether has experienced a slightly more substantial recovery of 1.32% in the previous 24 hours.

Sun [New] (SUN)

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 9 a.m. update):

• Degen (Base) and FTX Token: These cryptocurrencies have grown remarkably over the past 24 hours, with Degen (Base) surging by 26.84% since midnight.

Overview: The crypto market has experienced a volatile upturn over the past 24 hours. It has established a firmer support level, potentially laying the groundwork for a more sustainable recovery.

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, reflecting broader market struggles.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.75% to 2.41% since midnight, hinting at pockets of resilience within the market.
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 decreased by 0.50% over the previous 24 hours.
4. Bitcoin and Ether: Bitcoin has decreased by 0.33 and Ether by 0.56% over the last 24 hours.

Degen (DEGEN)

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.