Movers of the Day 22-Oct-2024

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

Top movers of the day are Goatseus Maximus and Big Time. Since 7: pm Goatseus Maximus has surged 19.01%, Big Time has increased by 4.45%.

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 -0.64% and -1.67%. 2100NEWS Total Index (NWST1100) ended -0.77%. Bitcoin ended -0.39%, Ether ended -1.54%.

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.

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.

7:10 p.m. update: Top movers of the day are Big Time and Automata Network. Since 2 pm Big Time has increased by 7.60%, Automata Network is 8.65% higher.

The crypto markets were still high violated. In the last 24 hours the tokens built on Ethereum represented by 2100NEWS Ethereum Based Index (NWSET100) have decreased by 0.86%. Moreover, the non-Ethereum tokens tracked by 2100NEWS NonEthereum Based Index (NWSOT50) have fallen by 1.21%. Bitcoin has decreased by 0.40%, Ether even by 2.26%.

Big Time (BIG TIME)

Big Time is a multiplayer action RPG for PC that melds a fast-combat system with an open game economy where players actively generate and exchange game items. Their approach is to make Web3 elements invisible to players so they don’t represent an obstacle to entertainment and cater to a broader audience.

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

• Pocket Network and Drift Protocol: These cryptocurrencies have grown remarkably over the past 24 hours.
• Goatseus Maximus has risen by 16.97% since the morning update.

Overview: The crypto market has been highly volatile, showing a mix of selling pressure followed by attempts at recovery. 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 -0.62% to -1.49% 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 1.52% over the last 24 hours. Bitcoin and Ether: Bitcoin has fallen by 1.34%, while Ether has retraced by 2.62%, showing a more significant decline than Bitcoin and adding to the general market downturn in the previous 24 hours.

Goatseus Maximus (GOAT)

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

• Drift Protocol and Simon’s Cat: These cryptocurrencies have grown remarkably over the past 24 hours.
• Aleo has risen by 10.22% since midnight.

Overview: The crypto market experienced a volatile session, with intense selling pressure early on, resulting in a retracement. However, following another brief dip, the market showed resilience, quickly rebounding and attempting to stabilize. Despite the volatility, there is cautious optimism as the market seeks to find footing after this sharp movement.

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. 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 retraced by 1.94% over the previous 24 hours.
3. Bitcoin and Ether: Bitcoin has dropped by 1.93%, while Ether has retraced by 2.97%, contributing to the broader negative sentiment in the market over the last 24 hours.

Aleo (ALEO)

Aleo is a Layer-1 blockchain designed to prioritize privacy and scalability using zero-knowledge proofs (ZKPs). By leveraging zk-SNARKs for off-chain computation with on-chain verification, Aleo enables decentralized applications (DApps) that ensure both data privacy and transparency where needed. It utilizes a hybrid consensus mechanism called Proof-of-Succinct Work (PoSW), which integrates proof-of-stake and proof-of-work for secure and scalable transaction processing. Aleo also introduces Leo, a programming language that simplifies the development of privacy-focused applications, making it an attractive platform for industries such as finance and healthcare. Aleo’s innovations in privacy, scalability, and developer tools position it as a significant player in the next generation of blockchain platforms.