Movers of the Day 31-Dec-2024

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Happy new year 2025

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

Top Movers of the Day:

  • Goatseus Maximus and Morpho: These cryptocurrencies have grown remarkably over the past day, with Goatseus Maximus increasing by 6.48% since 7 p.m.

Overview: The crypto market has been in the balance between recovery attempts and persistent market pressures.

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. 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 slightly increased by 0.12% over the last 24 hours. Bitcoin and Ether: Over the past day, Bitcoin has recovered by 0.80%, while Ether has retraced by 0.76%.

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.

 

GOAT

Goatseus Maximus (GOAT)

2100NEWS ranking: 279, Mid-cap Non-Ethereum-based Token, Index member: NWST1100, NWSM200, NWSOT50
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 5.2, (Average for Non-Ethereum-based Tokens: 14.5)

Goatseus Maximus is a meme-based cryptocurrency born from the influence of Truth Terminal, an AI created by Andy Ayrey as part of a memetic engineering experiment. With Truth Terminal promoting the GOAT token, the cryptocurrency quickly gained traction, symbolizing the evolving relationship between artificial intelligence, meme culture, and crypto. Touted as fulfilling the “prophecies of the ancient members,” Goatseus Maximus represents a unique blend of internet humor and financial speculation, highlighting the power of viral trends in shaping the cryptocurrency market.

 

Top Movers of the Day (at 7 p.m. update):

  • Zerebro and Morpho: These cryptocurrencies have grown remarkably over the past 24 hours.
  • Steem has risen by 9.04% since 2 p.m.

Overview: The crypto market has attempted to recover from earlier bearish sentiment but faced resistance.

  1. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has tracked the broader market’s movements.
  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 slightly decreased by 0.17% over the last 24 hours.
  3. Bitcoin and Ether: Bitcoin has slightly increased by 0.10%; in contrast, Ether has retraced by 0.96% over the last 24 hours.

 

STEEM

Steem (STEEM)

2100NEWS ranking: 352, Small cap, Index member: NWST1100, NWSS300, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 10.5 (Average for Coins: 14.9)

Steem bills itself as a social blockchain that grows communities and makes revenue streams possible for users by rewarding them for sharing content. It also powers real applications via social apps like Steemit. Steem started as the cryptocurrency on the Steemit platform that rewards users for community building through upvoting and posting meaningful content. Founded in 2016 by Ned Scott and BitShares creator Dan Larimer, the Steemit platform, built atop the Steem blockchain, is a social media network that seeks to be a source of community-driven curated content such as news, Q&A, and job boards. The more value a particular piece of content can deliver across a significant number of people, the greater the reward the creator receives. Steemit users can cast votes to create a hierarchy of content. The higher the upvote count received on a content piece, the more Steem is earned by its publisher. Steemit’s meritocratic system also enables users who hold more currency to cast more meaningful, more significant influence votes.

 

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

  • Synapse and Mines of Dalarnia: These cryptocurrencies have grown remarkably over the past 24 hours.
  • Pepe has increased by 7.74% since the morning update.

Overview: Over the last 24 hours, the crypto market’s recovery reflects year-end dynamics, likely influenced by institutional portfolio adjustments and window dressing. While leading altcoins and Bitcoin have shown strength, the earlier consolidation phase suggests that cautious sentiment persists.

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 slightly increased by 0.09% over the last 24 hours. Bitcoin and Ether: Over the previous 24 hours, Bitcoin has recovered by 0.81%; in contrast, Ether has decreased by 0.34%.

 

PEPE

Pepe (PEPE)

2100NEWS ranking: 22, Blue chip Ethereum-based Token, Index member: NWST1100, NWSL100, NWS30, NWSTo100, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 18.2 (Average for Blue chips: 23.6)

PEPE is a deflationary meme-coin launched on Ethereum. The cryptocurrency was created as a tribute to the Pepe the Frog internet meme, created by Matt Furie, which gained popularity in the early 2000s. The project aims to capitalize on the popularity of meme coins, like Shiba Inu and Dogecoin, and strives to establish itself as one of the top meme-based cryptocurrencies. PEPE appeals to the cryptocurrency community by instituting a no-tax policy, a redistributive system rewarding long-term stakers, and a burning mechanism to maintain the scarcity of the PEPE coin.

 

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

  • Zerebro and Mines of Dalarnia: These cryptocurrencies have grown remarkably over the past 24 hours.
  • Drift Protocol has risen by 14.28% since midnight.

Overview: The crypto market has remained under pressure, marked by notable volatility. Bitcoin and Ether continue to set the tone for the market, with their declines contributing to the cautious 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 fallen by 1.60% in the previous 24 hours.
  3. Bitcoin and Ether: Over the previous 24 hours, Bitcoin has fallen by 0.77%, while Ether has been underperforming and shown a more significant decline of 1.92%.

 

DRIFT

Drift (DRIFT)

2100NEWS ranking: 216, Mid-cap Non-Ethereum-based Token, Index member: NWST1100, NWSM200, NWSOT50, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 12.2, (Average for Non-Ethereum-based Tokens: 14.5)

Drift is a decentralized exchange (DEX) built on the Solana blockchain, offering perpetual and spot trading markets. It enables users to trade pre-launch and launched tokens with up to 10x leverage. A key feature of Drift is its support for a diverse range of collateral options beyond stablecoins, providing traders with increased capital efficiency. Leveraging Solana’s high-speed and low-cost infrastructure, Drift delivers a seamless trading experience, making it a prominent platform for on-chain derivatives and token trading.

 


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