Movers of the Day 30-Oct-2024

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

Top Movers of the Day:

• Shentu and Biconomy: These cryptocurrencies have grown remarkably over the past day, with Biconomy increasing by 8.38% since 7 p.m.

Overview: The crypto market has displayed consolidation within a tight range. Participants appear to be awaiting clearer signals before making decisive moves. This stable pattern around current levels may set the stage for a more pronounced shift.

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. 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 retraced by 0.63% over the last 24 hours. Bitcoin and Ether: Bitcoin has retraced by 0.58%; in contrast, Ether has continued rising by 0.67%, demonstrating resilience and slight outperformance over Bitcoin 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.

Biconomy (BICO)

Biconomy is the multi-chain transaction infrastructure for the next-generation Web 3.0 applications. Through Biconomy’s powerful and easy-to-use APIs, developers can enable a simple and customized user journey so their end-users don’t get frustrated by blockchain complexities. By solving key pain points at the crypto transactional layer, Biconomy is on a mission to bring the familiarity of Web 2.0 to simplify Web 3.0 experiences that will drive mass adoption.

7:10 p.m. update: The day’s Top movers are PepeCoin and Hivemapper. Since 2 p.m., PepeCoin has increased by 7.97%, Hivemapper by 5.32%. Maker is 4.78% higher.

The crypto markets trended sideways. In the last 24 hours, the large caps represented 2100NEWS 100 Large Cap Index (NWSL100) have fallen by 1.80%. 2100NEWS Total Index (NWST1100) is 1.12% lower. Bitcoin has decreased by 1.21% while Ether has increased by 0.59%.

Hivemapper (HONEY)

The Hivemapper Network, launched in November 2022, is an open, global, and decentralized mapping network that uses AI to build a map from the driving we do every day. Thanks to its vibrant contributor community, the Hivemapper Network collects millions of kilometers of road-level imagery every week.

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

• Mask Network and Pixels: These cryptocurrencies have grown remarkably over the past 24 hours.
• PepeCoin has increased by 4.24% since the morning update.

Overview: The crypto market demonstrated an initial rally, followed by a pullback and overnight consolidation. This pattern suggests cautious optimism, as the market tests support levels but remains near recent highs. Stability around these levels may pave the way for renewed upward movement.   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 -0.08% to -2.48% since midnight, hinting at a sharp rally within the market. 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 0.72% over the last 24 hours. Bitcoin and Ether: Bitcoin has risen by 1.08%, while Ether has outpaced Bitcoin, surging by 2.24% in the previous 24 hours.

PepeCoin (PEPECOIN)

PepeCoin, introduced in 2016 by pioneering developers, represents a multifaceted ecosystem combining decentralized finance (DeFi), gaming, and NFTs within a unique, OS-style app framework. Targeting enthusiasts of internet culture and digital assets, PepeCoin combines entertainment with practical blockchain applications. Its ecosystem enables users to engage in various DeFi activities, participate in games, and explore NFT-based experiences, all underpinned by meme culture and contemporary digital trends. By blending humor with functionality, PepeCoin caters to a niche audience seeking both financial tools and interactive digital experiences within a cohesive platform. This innovative approach has sustained its appeal and positions it as a notable project in the blockchain space.

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

• Mask Network and Pixels: These cryptocurrencies have grown remarkably over the past 24 hours.
• Casper has risen by 10.46% since midnight.

Overview: Over the last 24 hours, the crypto market experienced a strong rally, followed by a pullback and subsequent stabilization. The ability to hold the level reflects underlying strength. If support holds, there may be potential for renewed upward 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 has surged by 1.89% over the previous 24 hours.
3. Bitcoin and Ether: Bitcoin has surged by 1.78% and Ether by 2.23% over the last 24 hours.

Casper (CSPR)

The Casper Network is the first live proof-of-stake blockchain built off the Casper CBC specification. Casper is designed to accelerate enterprise and developer adoption of blockchain technology today and evolve to meet user needs in the future.