Movers of the Day 6-Nov-2024

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

Top Movers of the Day:

• Grass and First Neiro On Ethereum: These cryptocurrencies have grown remarkably over the past day.
• Lido DAO has risen by 15.64% since 7 p.m.

Overview: The crypto market has experienced a sustained upward movement, with gains holding steady and increasing throughout the day. This consistent rise reflects positive sentiment, likely fueled by investor confidence related to the U.S. elections. The market’s ability to hold onto gains suggests the potential establishment of a higher support level, signaling sustained bullish momentum.

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, reflecting strong performance among high-market-cap assets and reinforcing the positive trend. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 1.45% to 4.78% since 7 p.m. 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 leaped 10.03% over the last 24 hours, highlighting the extensive impact of this bullish momentum across the entire crypto market. Bitcoin and Ether: Bitcoin has soared 9.11%, while Ether has surged even higher, with a 12.44% leap, indicating stronger buying pressure and a more pronounced rally for Ether compared to 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.

Lido DAO (LDO)

Lido is a liquid staking solution for ETH backed by industry-leading staking providers. Lido lets users stake their ETH – without locking assets or maintaining infrastructure – while participating in on-chain activities, e.g., lending. Lido attempts to solve the problems associated with initial ETH staking – illiquidity, immovability, and accessibility – by making staked ETH liquid and allowing for participation with any amount of ETH to improve the security of the Ethereum network.

7:10 p.m. update: Grass and Arkham are the Top movers of the day. Since 2 p.m., Grass has increased by 12.61%, and Arkham is 5.44% higher. Uniswap has increased by 1.77%.

In the afternoon the crypto markets were still up. In the last 24 hours, 2100NEWS Indices have increased from 6.50% to 9.60%, whereby the non-Ethereum tokens represented by 2100NEWS NonEthereum Based Index (NWSOT50) have increased the most. 2100NEWS Total Index (NWST1100) is 6.77% higher. Bitcoin has risen by 6.38%, Ether by 8.13%.

Grass (GRASS)

Grass is a network of millions of people who are earning rewards for sharing unused internet bandwidth with the Grass network. Since everyone already pays for the Internet, why not use idle Internet to work? Since Grass is committed to creating products that reward you, Grass holds itself to the highest industry standards and has secured approvals from all significant anti-malware applications.

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

• First Neiro On Ethereum and Goatseus Maximus: These cryptocurrencies have grown remarkably over the past 24 hours.
• Ponke has risen by 11.11% since the morning update.

Overview: The crypto market has experienced a powerful rally with a clear uptrend driven by intense buying pressure. This rally is fueled by positive sentiment, particularly in light of the U.S. elections, which has bolstered investor confidence. The market is holding onto these gains, suggesting the potential establishment of a new support level. Index for Blue Chips: This index focuses on the more established cryptocurrencies, colloquially known as the “Blue Chips”. The index has mirrored the overall bullish trend, reflecting robust growth among high-market-cap assets. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 7.21% to 11.10% since midnight, indicating widespread leaps across different market segments. 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 leaped by 8.38% over the last 24 hours. Bitcoin and Ether: Bitcoin has soared 7.87% and Ether 8.04% in the previous 24 hours.

Ponke (PONKE)

PONKE represents a novel digital asset created on the Solana network, a blockchain known for its high-speed transactions and low fees. This token distinguishes itself with a distinct approach to tokenomics, offering a total supply of 555 million tokens. PONKE’s design caters to the needs of online traders and gaming enthusiasts, aiming to provide a seamless and engaging experience in these domains. The token’s integration into major cryptocurrency exchanges enhances its accessibility to a broader audience. Moreover, PONKE’s community-driven approach emphasizes user engagement, offering tools like a ‘helmet’ feature for community members and maintaining active social media channels to foster a strong, interactive community around the token.

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

• Uniswap and Goatseus Maximus: These cryptocurrencies have grown remarkably over the past 24 hours.
• Cronos has soared 28.05% since midnight.

Overview: The past 24 hours have seen strong bullish activity in the crypto market, with a notable rally in the early morning hours. Following campaign promises from Trump that indicated support for crypto markets, the initial results from U.S. polling stations favoring his victory triggered a wave of buying. As the news spread, Bitcoin began to surge exponentially, lifting the entire crypto market.

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 6.08% to 9.91% 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 leaped 7.59% over the previous 24 hours.
4. Bitcoin and Ether: Bitcoin has soared 6.81% and Ether 6.71% over the last 24 hours.

Cronos (CRO)

Crypto.com Coin (CRO) is the native cryptocurrency token of Crypto.com Chain — a decentralized, open-source blockchain developed by the Crypto.com payment, trading, and financial services company. Crypto.com Chain is one of the products in Crypto.com’s lineup of solutions designed to accelerate the global adoption of cryptocurrencies to increase personal control over money, safeguard user data, and protect users’ identities. The CRO blockchain serves primarily as a vehicle that powers the Crypto.com Pay mobile payments app.