Movers of the Day 15-Oct-2024

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

The top movers of the day are Storj and Metis which has increased by 6.73% since 7 pm. Storj is 1.18% higher.

Most cryptocurrencies finished the day lower. The tokens built on Ethereum measured by 2100NEWS Ethereum Based Index (NWSET100) ended -1.50%. Their movement can be seen on the adjacent NWSET chart over the past 24 hours. 2100NEWS Total Index (NWST1100) ended -0.22%. Ether ended -1.20% while Bitcoin ended the day +0.92%.

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.

Metis (METIS)

Metis Andromeda is an EVM-Equivalent Ethereum Layer-2 focused on bridging the gap between Web2 and Web3. Metis provides users with a secure, decentralized, scalable, easy-to-use network. By combining a robust Layer 2 with on-chain credentials and Decentralized Autonomous Companies (DACs), Metis is building the perfect ecosystem to host open, decentralized, and trustless collaboration secured by Ethereum.

7:10 p.m. update: The top movers of the day are Storj and Jito Labs. Since 2 pm Storj has surged 21.44%, the token of Jito Labs is 11.75% higher. Rollbit Coin has increased by 8.54%.

The crypto markets trended sideways. In the last 24 hours the mid caps measured by 2100NEWS 200 Mid Cap Index (NWSM200) have decreased by 0.64%: Moreover, the small caps represented by 2100NEWS 300 SmallCap Index (NWSS300) have fallen by 0.84%. Ether has fallen by 0.91% while Bitcoin has increased by 1.81%.

Storj (STORJ)

Storj (pronounced: storage) aims to become a cloud storage platform that can’t be censored, monitored, or have downtime. It is the first decentralized, end-to-end encrypted cloud storage platform. Storj’s core technology is an enforceable, peer-to-peer storage contract. It’s a way for two people (or computers) to agree to exchange some amount of storage for money without knowing each other. We call the computer-selling space the “farmer” and the computer-purchasing space the “renter.” The renter and farmer meet, negotiate an agreement, and move data from the renter to the farmer for safekeeping.

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

• Turbo and MemeCoin: These cryptocurrencies have grown remarkably over the past 24 hours.
• PAAL AI has increased by 7.86% since the morning update.

Overview: The crypto market has exhibited bullish momentum followed by consolidation and mild corrections, typical of a market testing resistance at higher levels. The overall trend remains relatively stable, with no drastic shifts in either direction. 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 -0.74% to -3.29% 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 risen by 0.64% over the last 24 hours. Bitcoin and Ether: Bitcoin has risen by 0.80%, while Ether has surged by 1.97% in the previous 24 hours.

PAAL AI (PAAL)

Paal is an advanced chatbot built on ai and ml technologies, designed to streamline tasks that typically require human intellect, such as natural language understanding, image recognition, decision-making, and problem-solving.

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

• Turbo and Spell Token: These cryptocurrencies have grown remarkably over the past 24 hours.
• Worldcoin has risen by 9.66% since midnight.

Overview: The crypto market initially experienced a strong upward movement, which was followed by a period of consolidation and slight corrections. This behavior suggests that the market is testing resistance at the upper descending trend line, which has been a defining factor for the past seven months. Despite the corrections, the buying pressure remains robust, keeping prices within higher ranges and indicating potential further upward movement if resistance is broken.

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 -0.10% to -1.17% 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 surged by 2.12% over the previous 24 hours.
4. Bitcoin and Ether: Bitcoin has surged by 2.16%, while Ether has outperformed Bitcoin, soaring by 2.94% over the last 24 hours.

Worldcoin (WLD)

Worldcoin is an open-source protocol supported by a global community of developers, individuals, economists, and technologists committed to expanding participation in and access to the global economy. The Worldcoin Foundation is the steward and will support and grow the Worldcoin community until it becomes self-sufficient. Tools for Humanity helped launch Worldcoin and currently serves as the advisor to the Foundation and operators of the World App.