Movers of the Day 21-Oct-2024

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

Top movers of the day are Shentu and Safe. Since 7 pm Shentu has surged 26.61%, Safe is 13.50% higher. ApeCoin has increased by 2.13%.

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 -0.04% and -2.53%. 2100NEWS Total Index (NWST1100) ended -1.21%. Bitcoin ended -1.48%, Ether ended -1.50%.

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.

Shentu (CTK)

Shentu Chain is a security-first, delegated proof-of-stake blockchain designed for mission-critical applications like DeFi, NFTs, and autonomous vehicles. It emphasizes cross-chain compatibility and is built as a Cosmos Hub with full EVM and Hyperledger Burrow compatibility, as well as eWASM and AntChain. The Security Oracle offers real-time transaction protection and flags vulnerabilities. Audited projects with high-security scores may qualify for ShentuShield, a decentralized reimbursement system for lost or stolen crypto assets. Projects can use DeepSEA, a secure programming language supported by the Ethereum Foundation, Qtum Foundation, and IBM, directly with the Shentu Virtual Machine (SVM), which is EVM-compatible. The native token, CTK, powers on-chain functionalities, including the Security Oracle, ShentuShield, gas fees, and governance voting.

7:10 p.m. update: Top movers of the day are Goatseus Maximus and Amp. Since 2 pm Goatseus Maximus has surged 14.48%, Amp is 13.81% higher.

Generally, the crypto markets went down significantly in the afternoon. Since 2 pm the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have fallen by 1.48%. Similarly, 2100NEWS Total Index (NWST1100) is 1.50% lower. Bitcoin has decreased by 1.45%, Ether by 1.32%.

Amp (AMP)

Amp is the new digital collateral token offering instant, verifiable assurances for any kind of value transfer. Using Amp, networks like Flexa can quickly and irreversibly secure transactions for various asset-related use cases. Amp claims to offer a straightforward but versatile interface for verifiable collateralization through a system of collateral partitions and collateral managers. Where collateral partitions can be designated to collateralize any account, application, or even transaction and carry balances directly verifiable on the Ethereum blockchain, collateral managers are smart contracts that can lock, release, and redirect collateral in these partitions as needed to support value transfer activities. Amp supports a wide variety of use cases for collateralization and also introduces the concept of predefined partition strategies, which can enable special capabilities such as collateral models through which tokens can be staked without ever leaving their original address.

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

• SPX6900 and Simon’s Cat: These cryptocurrencies have grown remarkably over the past 24 hours, with Simon’s Cat has soared 32.96% since the morning update.

Overview: The crypto market has experienced notable volatility, with a sharp increase followed by a gradual decline and subsequent stabilization, reflecting a typical pattern of profit-taking after a surge and the market finding a new equilibrium. 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 increased by 0.57% over the last 24 hours. Bitcoin and Ether: Bitcoin has slightly decreased by 1.28%; in contrast, Ether has surged by 2.05% in the previous 24 hours.

Simon’s Cat (CAT)

Simon’s Cat Token is an officially endorsed memecoin backed by full intellectual property rights from the widely recognized Simon’s Cat brand, created by Simon Tofield. Known for its British animated series, which has amassed over 1.6 billion views on YouTube, the token seeks to establish the brand’s presence in the Web3 space. In addition to leveraging the popularity of meme culture, the project supports global initiatives focused on feeding and rescuing cats, combining entertainment with a meaningful cause. Simon’s Cat Token bridges the gap between digital assets and real-world charitable efforts.

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

• SPX6900 and dYdX (Native): These cryptocurrencies have grown remarkably over the past 24 hours.
• Goatseus Maximus has surged by 19.14% since midnight.

Overview: The crypto market has experienced substantial upward movement, with renewed confidence driving the market higher. Despite minor corrections, the overall trend remains positive, pointing to the potential for further growth in the short term.

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 0.31% to 1.86% 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 surged by 2.05% over the previous 24 hours.
4. Bitcoin and Ether: Bitcoin has risen by 0.86%, while Ether has leaped 3.29%, outperforming Bitcoin and contributing to the broader positive sentiment in the market over the last 24 hours.

Goatseus Maximus (GOAT)

Goatseus Maximus is a meme-based cryptocurrency born from the influence of Truth Terminal, an AI created by Andy Ayrey as part of a memetic engineering experiment. With Truth Terminal promoting the GOAT token, the cryptocurrency quickly gained traction, symbolizing the evolving relationship between artificial intelligence, meme culture, and crypto. Touted as fulfilling the “prophecies of the ancient memeers,” Goatseus Maximus represents a unique blend of internet humor and financial speculation, highlighting the power of viral trends in shaping the cryptocurrency market.