Movers of the Day 20-Dec-2024

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

Top movers of the day are Horizen and Movement which has surged 19.74% since 7 pm. Horizen has increased by 2.09%.

Most crypto markets finished the day higher. The tokens built on Ethereum tracked by 2100NEWS Ethereum Based Index (NWSET100) ended +1.95%. Their movement can be seen on the adjacent NWSET chart over the past 24 hours. 2100NEWS Total Index (NWST1100) ended +0.34%. Ether ended +0.66% while Bitcoin ended -0.68%.

Supplemental notes detail the criteria for highlighting these specific cryptocurrencies and indices. 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.

Movement (MOVE)

Movement Network is an ecosystem of Modular Move-Based Blockchains that enables developers to build secure, performant, and interoperable blockchain applications, bridging the gap between Move and EVM ecosystems. Movement Network is first Move-EVM L2 for Ethereum, alongside open-source tooling and protocols to facilitate the adoption of the Move programming language across blockchain ecosystems.

7:10 p.m. update: Top movers of the day are Horizen and PAAL AI which has surged 47.52% since 2 pm. Horizen is 39.45% higher. Hyperliquid has increased by 18.96%.

After a big swing down the crypto markets came back in the afternoon. Nevertheless they are still more than 1% lower than a day before. In the last 24 hours the tokens built on Ethereum represented by 2100NEWS Ethereum Based Index (NWSET100) have fallen by 1.13%. 2100NEWS Total Index (NWST1100) is 1.05% lower. Bitcoin has decreased by 1.09%, Ether by 1.10%.

PAAL AI (PAAL)

Paal is an advanced chatbot built on ai and ml technologies, designed to streamline tasks that typically require human intellect, such as natural language understanding, image recognition, decision-making, and problem-solving.

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

• Horizen and DEXE: These cryptocurrencies have grown remarkably over the past 24 hours, with DEXE surging by 20.42% since the morning update.

Overview: Over the last 24 hours, the crypto market has faced a period of extreme volatility and significant downside pressure. The sharp intraday decline tested key support levels, and while a swift rebound followed, the recovery remains fragile and tentative. The widespread losses seen across major indices and cryptocurrencies reflect a stressful 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 losses ranging from -4.61% to -9.22% since midnight, indicating widespread market weakness. 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 plunged 10.05% over the last 24 hours, underscoring the severity of the market decline. Bitcoin and Ether: Over the previous 24 hours, Bitcoin has plunged by 7.92%, reflecting heavy selling pressure, while Ether has shown even greater volatility and weakness compared to Bitcoin, with an 11.99% dive.

 

DeXe (DEXE)

2100NEWS ranking: 230, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200

2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 8.8 (Average for Mid-caps: 13.5)

The DeXe token claims to enable the open and permissionless system, and following protocol rules and contributing resources facilitates consensus between participants. The token has two vital functions: Automatic buyback and distribution among insurance vaults, farming rewards among token holders, and burning tokens for a % of traders’ rewards. Participation in DeXe DAO. A DEXE token holder is not required to participate in DeXe.network and benefit from several social trading functions. Moreover, DeXe is uploading DEXE smart contracts into the open-source community, which is free speech and is the fundamental tenant of its Memorandum. However, to fully participate in the community, receive voting rights, contribute through proposals, and benefit from the incentives inside the network, users are required to acquire DEXE to become a DAO member.

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

• Stratis [New] and Horizen: These cryptocurrencies have grown remarkably over the past 24 hours, with Horizen rising by 16.90% since midnight.

Overview: The crypto market displayed a significant downward trend marked by volatility, a sharp afternoon drop, choppy downward movement, weak recovery attempts, and a lack of sustained recovery.

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 losses ranging from -0.15% to -2.20% 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 plunged 5.67% in the previous 24 hours.
4. Bitcoin and Ether: Over the previous 24 hours, Bitcoin has dropped by 3.83%, while Ether has shown a more significant 8.28% plunge.

Horizen (ZEN)

2100NEWS ranking: 236, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100

2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 13.6 (Average for Coins: 14.9)

Horizen is a blockchain platform with leading-edge privacy technology that provides everyone with privacy and complete control of their digital footprint. The Horizen platform enables real-life uses beyond our currency, including privately chatting with other people. Soon, Horizen will enable you to publish information and go anywhere on the web, all with complete privacy.