Movers of the Day 26-Dec-2024

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

Top Movers of the Day:

• Bitget Token and Ultima: These cryptocurrencies have grown remarkably over the past day.
• Adventure Gold has increased by 8.64% since 7 p.m.

Overview: The crypto market has remained under significant pressure, with no apparent signs of recovery. The sustained downward momentum highlights a lack of buying interest, suggesting that participants are cautiously approaching the market.

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 bearish sentiment. 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 dropped by 3.77% over the last 24 hours. Bitcoin and Ether: Over the past day, Bitcoin has dropped by 3.11%, while Ether has declined by 4.02%, continuing its recent trend of underperformance.

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.

 

Adventure Gold (AGLD)

2100NEWS ranking: 368, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300

2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 11.4 (Average for Small caps: 10.4)

Adventure Gold is the native ERC-20 token of the Loot non-fungible token (NFT) project. Loot is a text-based, randomized adventure gear generated and stored on-chain, created by social media network Vine co-founder Dom Hofmann. The project intentionally has no front-end interface, images, statistics, or functionality. Instead, it is based on a set of 8,000 text-based NFTs open to how the community wants to interpret it. The NFTs contain texts of gears ranging from the “Holy Greaves of Giants” to the “Grim Shout.” As of Sept. 8, 2021, the floor price of Loot on OpenSea is 8.56 ETH. Numerous derivative projects are being built around Loot and can be found here. Adventure Gold was launched on Sept. 2, 2021, and allowed each owner of a Loot NFT to claim 10,000 tokens for free. With the price of AGLD skyrocketing in the initial days of trading, this airdrop was worth as much as $70,000 per NFT. AGLD founder Will Papper claimed he wanted to set a standard for projects building on Loot by providing a currency for the decentralized gaming universe.

7:10 p.m. update: The day’s top movers are Ultima and STEPN, which have surged 19.72% since 2 p.m. Ultima has increased by 4.60%, and Bitget Token is 1.91% higher.

In the afternoon, the crypto markets were still down. In the last 24 hours, 2100NEWS Indices have fallen from 3.02% to 6.95% (NWSOT50). 2100NEWS Total Index (NWST1100) is 3.81% lower. Bitcoin has fallen by 2.75%, Ether by 4.05%.

GMT (GMT)

STEPN is a Web3 lifestyle app with Social-Fi and Game-Fi elements. Users equipped with NFT Sneakers – walk, jog, or run outdoors to earn GST, which can be used to level up and mint new Sneakers.

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

• Bitget Token and Ultima: These cryptocurrencies have grown remarkably over the past 24 hours, with Bitget Token rising by 13.79% since the morning update.

Overview: Over the last 24 hours, the crypto market has continued to exhibit increased selling pressure and weak recovery attempts, leading to sharp declines across most assets and indices. The current trend reflects cautious sentiment among participants as bearish momentum dominates.

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, reflecting notable declines. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -3.19% to -5.54% 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 dropped by 3.48% over the last 24 hours. Bitcoin and Ether: Over the previous 24 hours, Bitcoin has dropped by 2.62%, while  Ether has declined by 3.39%, showing slightly more significant weakness than Bitcoin, continuing its recent trend of underperformance.

Bitget Token (BGB)

The Bitget Token (BGB) is the native utility token of Bitget, a prominent cryptocurrency centralized exchange (CEX). Launched in July 2021, BGB is designed to enhance user engagement and provide versatile functionality within the Bitget ecosystem. The token offers a range of utilities, including staking, social trading, profit sharing, and discounts on trading fees. Additionally, BGB holders gain exclusive access to Launchpad and Launchpool initiatives, enabling participation in early-stage token launches and earning rewards through staking. BGB plays a central role in Bitget’s mission to empower traders and create a community-driven trading environment. By integrating BGB into its platform, Bitget provides users a cost-effective and rewarding trading experience. The token’s versatility and strategic importance underscore its value within the ecosystem, making it a critical asset for active traders and ecosystem participants. As with any cryptocurrency, potential users and investors should conduct thorough research and consider associated risks before participating in the Bitget ecosystem.

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

• Bitget Token and Phala Network: These cryptocurrencies have grown remarkably over the past 24 hours.
• Marlin has risen by 15.44% since midnight.

Overview: The crypto market has remained under pressure, with notable volatility followed by a sharp decline in the morning. The mixed performance underscores cautious sentiment, with key assets like Bitcoin and Ether facing selling pressure. The coming sessions will be critical in determining whether the market stabilizes or continues its downward trend.

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 -1.02% to -3.23% since midnight, highlighting broad-based weakness across segments.
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 fallen by 1.30% in the previous 24 hours.
4. Bitcoin and Ether: Over the previous 24 hours, Bitcoin has slightly decreased by 0.14%, while Ether has dropped by 1.78%.

Marlin (POND)

Marlin is an open protocol that provides high-performance programmable DeFi and Web 3.0 network infrastructure. The nodes in the Marlin network, called Metanodes, operate the MarlinVM, which provides a virtual router interface for developers to deploy customized overlays and perform edge computations.