Movers of the Day 10-Dec-2024

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

Top movers of the day are Troy AI and Gigachad which has surged 21.20% since 7 pm. Troy AI has decreased by 3.60%.

In the afternoon the crypto markets climbed back but most of them still finished in red. The tokens measured by 2100NEWS Token Index (NWSTo100) ended -0.30%. Their movement can be seen on the adjacent NWSET chart over the past 24 hours. 2100NEWS Total Index (NWST1100) ended -0.25%. Bitcoin ended -0.11%, Ether ended -2.01%.

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.

 

GIGA

Gigachad (GIGA)

2100NEWS ranking: 256, Mid-cap Non-Ethereum-based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 8.1 (Average for Mid-caps: 13)

The Giga Chad meme on Solana aspires to become the leading memecoin in the crypto community, drawing inspiration from a popular meme. Their mission goes beyond digital currency; they foster self-improvement and encourage each member to become their best self. Recognizing the value of time and discipline, they emphasize these virtues as core values within their community. They are not just a memecoin but a collective of like-minded individuals committed to personal growth and positively impacting those around them.

 

7:10 p.m. update: Top movers of the day are XPR Network and Bitget Token. Since 2 pm XPR Network has increased by 16.12%, Bitget Token is 1.92% higher.

In the afternoon the crypto markets went down sharply again. Since 2 pm 2100NEWS Indices have dropped from 2.56% to 5.92%. 2100NEWS Total Index (NWST1100) is 3.45% lower. Bitcoin has fallen by 2.32%, Ether by 3.49%.

 

XPR

XPR Network (XPR)

2100NEWS ranking: 643, Microcap Ethereum-based Token, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 9, (Average for Microcap: 7.9)

XPR Network is a layer one proof-of-stake blockchain that leverages cutting-edge WebAssembly (WASM) (opens new window) smart contracts to enable high-performant, scalable and sustainable computation. Developers can leverage XPR Network to easily and securely build tokens, NFTs, exchanges, lending markets and much more.

 

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

  • XYO and Movement: These cryptocurrencies have grown remarkably over the past 24 hours.
  • Qubic has risen by 12.26% since the morning update.

Overview: The crypto market, over the past 24 hours, has shown a bearish trend and significant corrections, characterized by sharp declines, unsuccessful recovery attempts, and cautious market sentiment.  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. 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 4.71% over the last 24 hours, underscoring market weakness. Bitcoin and Ether: Bitcoin has retraced by 1.64%, while Ether has plummeted by 4.58%, indicating a sharper decline compared to Bitcoin, with altcoins facing more significant selling pressure in the previous 24 hours.

 

QUBIC

Qubic (QUBIC)

2100NEWS ranking: 220, Mid-cap Non-Ethereum-based Coin, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 9.2 (Average for Coins: 15)

Qubic is a decentralized Layer 1 blockchain network that integrates scalable technology with Artificial General Intelligence (AGI) to overcome traditional blockchain limitations. Designed for high efficiency, Qubic offers feeless transactions, instant finality, and a novel Useful Proof of Work (uPoW) model that channels computational power toward AI training, promoting sustainability. The network supports real-time, cost-free transactions, making it ideal for industries such as finance, gaming, and supply chain management. Qubic’s Quorum Consensus, inspired by Byzantine Fault Tolerance and decentralized trust principles, ensures robust security and prevents centralized control. By enabling high-performance decentralized applications (dApps) and fostering innovative solutions, Qubic aims to redefine blockchain by combining decentralized trust, scalability, and AI-driven utility.

 

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

  • Movement and Celarpool: These cryptocurrencies have grown remarkably over the past 24 hours, with Movement  soaring 42.58% since midnight.

Overview: Over the last 24 hours, the crypto market experienced a significant pullback, marked by sharp declines and selling pressure resulting in substantial losses across major cryptocurrencies. Despite efforts to bounce back, gains were fleeting, indicating a bearish sentiment dominating market behavior. The market remains under pressure, with mid-cap and small-cap assets showing the most significant corrections.

  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 rebounds ranging from 0.25% to 1.82% 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 plummeted by 5.54% over the previous 24 hours.
  4. Bitcoin and Ether: Bitcoin has retraced by 2.44%, while Ether has plummeted by 4.83% over the previous 24 hours.

 

MOVE

Movement (MOVE)

2100NEWS ranking: -, Index member: –
2100NEWS DA Orderbook Quality Evaluation Score:10.8

Movement Network is a pioneering ecosystem of Modular Move-Based Blockchains designed to enable the development of secure, high-performance, and interoperable blockchain applications. By bridging the gap between the Move programming language and the Ethereum Virtual Machine (EVM) ecosystems, Movement Network introduces the first Move-EVM Layer 2 (L2) for Ethereum. This innovative platform allows developers to launch Move VM rollups efficiently, enhancing scalability and interoperability across blockchain networks. Supported by leading investors such as Polychain Capital, Binance Labs, Hack VC, Placeholder, and Archetype, Movement Network provides open-source tooling and protocols to facilitate the adoption of the Move language in Web3. By advancing Move-based technologies and promoting seamless integration with EVM chains, Movement Labs is set to revolutionize blockchain interoperability and empower developers to build the next generation of decentralized applications (dApps).

 


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