Movers of the Day 19-Nov-2024
Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are XYO and Forta which has increased by 11.96% since 7 pm. XYO is 6.80% higher.
Most cryptocurrencies 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. The large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) ended -1.98%. 2100NEWS Total Index (NWST1100) ended -0.62%. Ether ended -1.96% while Bitcoin ended +0.67%.
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.
Forta (FORT)
| 2100NEWS ranking: 628, Microcap Non-Ethereum-based Coin, Index member: NWST1100, NWSMi500 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 4.45 (Average for Microcap: 7.4) |
Forta is a real-time detection network for security & operational monitoring of blockchain activity.As a decentralized monitoring network, Forta detects threats and anomalies on DeFi, NFT, governance, bridges and other Web3 systems in real-time.Given timely and relevant alerts about the security and health of owned or dependent systems, protocols and investors can react quickly to neutralize threats and prevent or minimize loss of funds.
7:10 p.m. update: Top movers of the day are XYO and Convex Finance which has surged 40.30% since 2 pm. XYO is 32.40% higher. Threshold has increased by 19.06%.
The crypto markets trended sideways. In the last 24 hours the tokens built on Ethereum tracked by 2100NEWS Ethereum Based Index (NWSET100) have decreased by 0.39%. Moreover, the non-Ethereum tokens represented by 2100NEWS NonEthereum Based Index (NWSOT50) have fallen by 0.95%. Ether has fallen by 1.53% while Bitcoin has increased by 1.52%.
Convex Finance (CVX)
| 2100NEWS ranking: 255, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 10.9 (Average for Mid-caps: 13.2) |
Convex Finance is a DeFi protocol that allows Curve liquidity providers to earn a share of trading fees on Curve without staking liquidity there. Instead, LPs can stake with Convex and receive boosted CRV and liquidity mining rewards. This provides CRV stakers with better capital efficiency and positions Convex Finance as an important player in the Curve wars.
Top Movers of the Day (at 2 p.m. update):
- Tezos and StormX: These cryptocurrencies have grown remarkably over the past 24 hours.
- The Graph has increased by 7.84% since the morning update.
Overview: The crypto market has regained strength after recent fluctuations, with an apparent recovery driven by renewed buying interest. The broad-based recovery in indices and significant assets like Bitcoin and Ether signals improving investor confidence and a positive short-term outlook. 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. 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 1.92% over the last 24 hours. Bitcoin and Ether: Bitcoin has recovered by 2.03% and Ether by 1.75% in the previous 24 hours.
The Graph (GRT)
| 2100NEWS ranking: 42, Large-cap Ethereum-based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSET100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 18.1 (Average for Large-caps: 18.1) |
The Graph is an indexing protocol for querying data for networks like Ethereum and IPFS, powering many applications in DeFi and the broader Web3 ecosystem. Anyone can build and publish open APIs, called subgraphs, that applications can query using GraphQL to retrieve blockchain data. A hosted service in production makes it easy for developers to start building on The Graph, and the decentralized network will be launching later this year. The Graph currently supports indexing data from Ethereum, IPFS, and POA, with more networks coming soon.
Top Movers of the Day (at 9 a.m. update):
- Tezos and StormX: These cryptocurrencies have grown remarkably over the past 24 hours, with StormX soaring 29.48% since midnight.
Overview: Over the past 24 hours, the crypto market experienced heightened volatility, marked by sharp declines followed by recoveries and stabilization periods. These fluctuations indicate cautious sentiment, with investors balancing profit-taking and selective buying to respond to dynamic market conditions.
- 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.
- 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 0.17% over the previous 24 hours.
- Bitcoin and Ether: Bitcoin has seen a negligible increase of 0.03%; in contrast, Ether has decreased by 0.34% over the last 24 hours.
StormX (STMX)
| 2100NEWS ranking: 375, Small cap, Index member: NWST1100, NWSS300 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 13.7 (Average for Small caps: 10.6) |
Founded in 2015, StormX is one of the first global cryptocurrency-based solutions to reach worldwide markets. As a mobile app and browser extension, StormX aims to bring users cashback in crypto for most of their online purchases with enterprise partners like Samsung, Nike, and Lego. StormX also allows users to stake the native STMX token to boost their rewards.
Lily
Litecoin