Movers of the Day 24-Oct-2024

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

Top Movers of the Day:

• Safe and cat in a dogs world: These cryptocurrencies have grown remarkably over the past day.
• Ravencoin has risen by 17.14% since 7 p.m.

Overview: The crypto market had a volatile day, with a drop followed by a strong recovery, suggesting renewed optimism and potential for further upward movement.

2100NEWS NWSBCT Index for Blue Chips: This index focuses on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has mirrored the broader market’s sentiment. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.69% to 1.19% since 7 p.m. 2100NEWS Total Index (NWST1100): Representing a wide spectrum of the crypto market, this index tracks 1100 significant cryptocurrencies based on their market cap. It has recovered by 2.60% over the last 24 hours. Bitcoin and Ether: Bitcoin has recovered by 2.97%, while Ether has experienced a more modest recovery of 1.45%, indicating that Bitcoin is currently outperforming Ether in this recovery over the past day.

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.

Ravencoin (RVN) 

Ravencoin is a blockchain and platform optimized for transferring assets, such as tokens, from one holder to another. Based on the extensive development and testing of the UTXO model of the Bitcoin protocol, Ravencoin is built on a fork of the Bitcoin code. Key changes include a block reward time of one minute, a change in the number of coins issued but not the weighted distribution schedule, and the addition of asset creation and messaging capabilities. Ravencoin is free and open source. All Ravencoin (RVN) are fairly issued and mined publicly and transparently using Proof of Work (POW) using the x16r algorithm created for Ravencoin. No private, public, founder, or developer allocation is set aside. Ravencoin is intended to prioritize security, user control, privacy, and censorship resistance. It is open to use and development in any jurisdiction while allowing simple additional user features based on need.

7:10 p.m. update: The day’s Top movers are cat in a dogs world and Popcat (SOL). Since 2 p.m., cat in a dogs world have increased by 7.05%, and Popcat (SOL) is 3.97% higher.

In general, most cryptocurrencies were still up. Since 2 p.m., 2100NEWS Indices have increased up to 0.96%. 2100NEWS Total Index (NWST1100) is 0.50% higher. Bitcoin has increased by 0.58% while Ether has decreased by 0.30%.

cat in a dogs world (MEW)

MEW, the cat-inspired cryptocurrency, is on a mission to reclaim its territory from the dogs. With the goal of siphoning liquidity from its rivals, MEW emerges to reclaim its rightful place in the crypto realm at the top of the food chain.

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

• Goatseus Maximus and Safe: These cryptocurrencies have grown remarkably over the past 24 hours, with Goatseus Maximus rising by 12.49% since the morning update.

Overview: The crypto market experienced early volatility, but a strong recovery followed, indicating modest gains after a turbulent session. The market shows signs of stability, with cautious optimism as buyers regain confidence.  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 0.56% to 1.58% 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 recovered by 0.74% over the last 24 hours. Bitcoin and Ether: Bitcoin recovered by 1.27%; in contrast, Ether dropped by 1.97%, signaling weakness in the previous 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.

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

• Goatseus Maximus and Safe: These cryptocurrencies have grown remarkably over the past 24 hours, with Safe soaring 71.02% since midnight.

Overview: Over the last 24 hours, the crypto market experienced significant volatility. A midday drop around 5 p.m. yesterday led to notable selling pressure, but the market saw a strong recovery, indicating resilience despite the initial decline.

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 1.16% to 2.71% 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 slightly decreased by 0.13% over the previous 24 hours.
4. Bitcoin and Ether: Bitcoin has slightly increased by 0.26%; in contrast, Ether has dropped by 2.49%, signaling more significant weakness than Bitcoin over the last 24 hours, contributing to the mixed sentiment in the market.

Safe (SAFE)

Safe includes a full stack of account abstraction infrastructure and the industry-standard multi-sig wallet. The project is focused on making every Ethereum account a smart account and enabling new use cases like AI, Staking, Gaming, SocialFi, DeFi, and Payments to flourish with gasless transactions, easy face-ID like logins, onramps, recovery, and more.