Movers of the Day 2-Dec-2024

crypto

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

Top movers of the day are Verge and Kaia which has increased by 12.06% since 7 pm. Verge is 2.62% lower.

Most cryptocurrencies managed to finish the day in green. The large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) ended +3.38%. Their movement can be seen on the adjacent NWSLT chart over the past 24 hours. On the other hand Bitcoin and Ether ended the day lower: BTC -2.31%, ETH -2.91%. 2100NEWS Total Index (NWST1100) ended -0.54%.

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.

 

KAIA

Kaia (KAIA)

2100NEWS ranking: 118, Mid-cap Non-Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSOT50
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 11.1 (Average for Tokens: 16)

Kaia is a high-performance public blockchain formed through the merger of the Klaytn and Finschia blockchains, initially developed by Kakao and LINE, respectively. This integration has created Asia’s largest Web3 ecosystem, seamlessly integrated with the Kakaotalk and LINE messenger apps, which collectively boast over 250 million users. Kaia allows users to engage with Web3 technologies with the ease and speed of Web2, all within their preferred messenger superapps. This integration enables users to connect, create, collaborate, and contribute to the ecosystem, bridging the gap between traditional and decentralized digital experiences.

 

7:10 p.m. update: Top movers of the day are XYO and Hedera. Since 2 pm XYO has surged 32.42%, Hedera is 16.24% higher. verge has increased by 7.69%.

In the afternoon the crypto markets stopped falling. Nevertheless, the tokens built on Ethereum represented by 2100NEWS Ethereum Based Index (NWSET100) have fallen by 3.23% according to the yesterday’s closings. 2100NEWS Total Index (NWST1100) is 2.22% lower. Bitcoin has fallen by 2.60%, Ether by 3.95%.

 

XYO

XYO (XYO)

2100NEWS ranking: 324, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 13 (Average for Small caps: 10.4)

XYO is a decentralized data oracle that can validate data from multiple sources without requiring a trusted relationship. XYO means you can keep a permanent record of invaluable data between two devices, even if owned and controlled independently, whether it’s a photo of your dog or the temperature in a shipping truck. Use XYO to establish the validity of your data or the data of others, and join us in our movement to transform industries and everyday life with our technology.

 

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

  • XYO and Hivemapper: These cryptocurrencies have grown remarkably over the past 24 hours.
  • Verge has soared 35.54% since the morning update.

Overview: The crypto market displayed significant volatility, with early gains followed by a sharp decline and subsequent attempts to recover. The overall pattern reflects a healthy but cautious market, with profit-taking dominating after a strong rally. 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 -1.69% to -6.83% 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 1.55% over the last 24 hours. Bitcoin and Ether: Bitcoin has retraced by 2.00%, while Ether experienced a more pronounced retrace of 2.50% in the previous 24 hours.

 

XVG

Verge (XVG)

2100NEWS ranking: 319, Small cap, Index member: NWST1100, NWSS300, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 11.3 (Average for Coins: 15.1)

Verge is a cryptocurrency designed for people to use every day. It improves upon the original Bitcoin blockchain and aims to fulfill its initial purpose of providing individuals and businesses with a fast, efficient, and decentralized way of making direct transactions while maintaining your privacy.

 

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

  • Helium Mobile and Hivemapper: These cryptocurrencies have grown remarkably over the past 24 hours.
  • Dash has surged by 26.37% since midnight.

Overview: Over the last 24 hours, the crypto market exhibited bullish solid momentum, with a sharp rally followed by profit-taking and stabilization, signaling a healthy market dynamic with balanced participation.

  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 risen by 0.94% over the previous 24 hours.
  3. Bitcoin and Ether: Bitcoin has retraced by 0.48%, while Ether has experienced a more pronounced retrace of 0.99% over the previous 24 hours.

 

DASH

Dash (DASH)

2100NEWS ranking: 149, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 20.1 (Average for Coins: 15.1)

Dash is a digital currency that enables anyone anywhere in the world to make quick, easy, and cheap payments at any time without going through a central authority. Based on a decentralized peer-to-peer network and secured by strong cryptography, Dash offers a safe and user-friendly payment method without barriers. Dash is portable, inexpensive, divisible, and fast digital cash for both the internet and everyday life.

 


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