Movers of the Day 5-Dec-2024

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

Top Movers of the Day:

• Creditcoin and ECOMI: These cryptocurrencies have grown remarkably over the past day, with ECOMI surging by 27.35% since 7 p.m.

Overview: The crypto market experienced significant volatility, transitioning from early gains driven by momentum following Bitcoin’s record-breaking rally to a sharp evening decline, reflecting increased selling pressure and profit-taking after recent highs. This shift highlights a market in consolidation as investors reassess positions following the excitement surrounding Bitcoin’s milestone.

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 losses ranging from -1.95% to -4.08% 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 retraced by 1.26% over the last 24 hours. Bitcoin and Ether: Bitcoin has retraced by 1.68%, while Ether has experienced a less significant retrace of 0.86% 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.

ECOMI (OMI)

ECOMI is a technology company based in Singapore leading the way in the emerging digital collectible space. ECOMI offers a one-stop shop for digital collectibles through the ECOMI Collect app, bringing pop culture and entertainment into the 21st century. The Collect app allows users to experience true ownership of premium digital collectibles. Through the app marketplace, users can obtain common, rare, or one-of-a-kind digital collectibles, share these across the social network service, and exchange them with the Collect community, all from the palm of their hand. ECOMI sees digital collectibles as a new asset class that offers intellectual property owners the opportunity for new revenue streams in the digital landscape. Digital streaming, gaming, and in-app purchasing have become a multibillion-dollar market,t and the next to join this digital trend is the pop culture and collectibles industry.

7:10 p.m. update: The top movers of the day are Creditcoin and JasmyCoin, which have increased by 12.65% since 2 p.m. Creditcoin is 7.26% higher. PAID has risen by 2.87%.

In general, most cryptocurrencies experienced a slight decline in the afternoon but are still quite a bit higher according to the previous days. In the last 24 hours, the large caps represented by the 2100NEWS 100 Large Cap Index (NWSL100) have increased by 3.51%. 2100NEWS Total Index (NWST1100) is even 4.58% higher. Bitcoin has increased by 6.02%, Ether by 2.68%.

JasmyCoin (JASMY)

JasmyCoin is based on the ERC 20 standard. The Token can also be used by an unspecified number of individuals and businesses to transfer tokens using digital devices as proof of value exchange or payment for services. By not limiting its usability, the Token can have a wide range of purposes.

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

• ECOMI and 0x0.ai: AI Smart Contract: These cryptocurrencies have grown remarkably over the past 24 hours.
• Artificial Liquid Intelligence has surged by 19.96% since the morning update.

Overview: The crypto market exhibited a resilient recovery from early losses, transitioning into a strong upward trend and stabilizing near its highs. This performance has reflected renewed confidence and optimism, driven by Bitcoin’s historic milestone of $100,000, reinforcing its dominance and energizing the broader market. 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 0.07% to 4.12% 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 soared 4.12% over the last 24 hours. Bitcoin and Ether: Bitcoin has leaped 7.24%, breaking the historic $100,000 milestone, reinforcing its dominance and leading the market rally, while Ether has soared 5.83% in the previous 24 hours.

Artificial Liquid Intelligence (ALI)

The AI Protocol utilizes the Artificial Liquid Intelligence (ALI) Utility Token. The ALI Utility Token is the native ERC-20 Utility Token of the AI Protocol and the decentralized applications built on it. The ALI Utility Token regulates, incentivizes, and rewards the various participants of the AI Protocol.

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

• Wilder World and Gigachad: These cryptocurrencies have grown remarkably over the past 24 hours.
• Creditcoin has soared 35.65% since midnight.

Overview: Over the last 24 hours, the crypto market exhibited a volatile but resilient performance. While initial declines highlighted short-term selling pressure, the strong recovery and stabilization at higher levels indicate underlying strength. Bitcoin’s record-breaking milestone of $100,000, a historic achievement, has sparked optimism and confidence across the cryptocurrency ecosystem. The current market dynamics suggest a poised environment for further growth, with significant assets like Bitcoin and Ether leading the rally and boosting overall market sentiment.

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 2.88% over the previous 24 hours.
3. Bitcoin and Ether: Bitcoin has leaped 6.05%, breaking the historic milestone of $100,000, reinforcing its dominance and market confidence, while Ether has soared 3.81% over the previous 24 hours.

Creditcoin (CTC)

Launched by a team based in the US, Canada, South Korea, Nigeria, and Estonia, Creditcoin aims to address the lack of a credit system among the unbanked in the emerging market. People who cannot access the banking system have to borrow from non-banks. However, banks do not accept non-bank credit records since they cannot trust the data. The project aims to solve the problem by objectively recording credit transaction history on a public blockchain.