Movers of the Day 8-Oct-2024

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

Top movers of the day are Apu Apustaja and Turbo. Since 7 pm Apu Apustaja has surged 18.57%, Turbo has increased by 3.27%.

The cryptomarkets 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 -0.35% and -2.45%. 2100NEWS Total Index (NWST1100) ended -0.90%. Bitcoin ended -1.08%, Ether ended -0.01%.

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.

Apu Apustaja (APU)

Apu is the most widely used meme on the internet. A cute little green frog that has spread all over the web since 2016. Sometimes mistaken for Pepe, and although both are frogs, they could not be any more different. Apu carries all the recognition of Pepe without any political baggage. You may not know it by name, but you see Apu daily whether it be social media, forums, or image boards. With his ever-growing popularity, it seems only natural for the next frontier to be the financial world; we welcome you to join us in this last feat.

7:10 p.m. update: Top movers of the day are EigenLayer and FTX Token. Since 2 pm EigenLayer has increased by 10.54%, FTX Token by 7.26%. Turbo is 1.30% higher.

In the afternoon the crypto markets stayed down. In the last 24 hours the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have fallen by 1.76%. 2100NEWS Total Index (NWST1100) is 1.48% lower. Bitcoin has decreased by 1.35%, Ether by 1.11%.

EigenLayer (EIGEN)

EigenLayer is a protocol built on Ethereum that introduces restaking, a new primitive in cryptoeconomic security. This primitive enables the reuse of ETH on the consensus layer. Users that stake ETH natively or with a liquid staking token (LST) can opt-in to EigenLayer smart contracts to restake their ETH or LST and extend cryptoeconomic security to additional applications on the network to earn additional rewards.

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

• First Neiro On Ethereum and Turbo: These cryptocurrencies have grown remarkably over the past 24 hours.
• Sei has increased by 5.38% since the morning update.

Overview: The crypto market has experienced considerable volatility, marked by sharp dips followed by attempts at stabilization. The dips and subsequent rebounds suggest that the market is experiencing increased selling pressure, with brief periods of buying interest as the price approaches key support levels.  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 -0.37% to -1.97% 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 retraced by 0.63% over the last 24 hours. Bitcoin and Ether: Bitcoin has slightly decreased by 0.38, while Ether has experienced a more pronounced decrease of 0.89% in the previous 24 hours.

Sei (SEI)

Sei is a general-purpose, open-source Layer 1 blockchain specialized for the exchange of digital assets. Sei is the fastest Blockchain in the industry, leveraging a novel consensus and technical breakthroughs. Sei addresses the exchange scalability problem by building the first Layer 1 specialized for trading, optimizing every layer of the stack to offer the best infrastructure for exchanging digital assets.

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

• First Neiro On Ethereum and Turbo: These cryptocurrencies have grown remarkably over the past 24 hours, with Turbo rising by 9.07% since midnight.

Overview: The crypto market has experienced a clear downward movement over the last 24 hours, reflecting bearish sentiment despite short-lived recovery attempts.

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 losses ranging from -0.75% to -1.96% 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 2.26% over the previous 24 hours.
4. Bitcoin and Ether: Bitcoin has retraced by 1.94 and Ether by 2.24% over the last 24 hours.

Turbo (TURBO)

Turbo is a community-driven crypto adventure. Birthed from a wild idea: GPT-4 guided & the quest to create the next great memecoin.