Movers of the Day 7-Jan-2025

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

Top Movers of the Day:

• Gravity and WEMIX: These cryptocurrencies have grown remarkably over the past day.
• Sleepless AI has increased by 4.44% since 7 p.m.

Overview: The crypto market demonstrated a pronounced decline, characterized by consistent selling pressure throughout the day, culminating in a sharp drop during the afternoon. However, the late stabilization suggests cautious optimism that the market may hold at current levels.

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 -0.34% to -1.90% 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 plummeted 6.18% over the last 24 hours. Bitcoin and Ether: Over the past day, Bitcoin has plummeted 4.94%, while Ether has led the market downward with a 7.88% drop.

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.

Sleepless AI (AI)

Sleepless AI is an innovative Web3+AI gaming platform integrating advanced artificial intelligence with blockchain technology to revolutionize the gaming industry. The platform is designed to provide immersive gaming experiences centered on emotional engagement through AI-driven companion games. Combining AI capabilities with decentralized blockchain frameworks, Sleepless AI delivers unparalleled emotional support, interactive gameplay, and player ownership of in-game assets via NFTs and play-to-earn mechanics. With a mission to redefine the gaming landscape, Sleepless AI offers a unique blend of empathy and cutting-edge technology, enabling players to form meaningful connections with AI companions while enjoying an interactive and decentralized gaming ecosystem. This pioneering approach positions Sleepless AI as a leader in the convergence of AI and Web3, paving the way for transformative gaming experiences that prioritize emotional intelligence, innovation, and user empowerment.

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

• Gravity and WEMIX: These cryptocurrencies have grown remarkably over the past 24 hours.
• Morpho has increased by 1.09% since 2 p.m.

Overview: The crypto market experienced a dramatic drop, falling rapidly within a few hours and reflecting a sudden and broad-based sell-off.

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. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -5.19% to -7.49% 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 5.28% over the last 24 hours.
4. Bitcoin and Ether: Over the last 24 hours, Bitcoin has plummeted 4.52%, while Ether has declined by 6.30%, underperforming Bitcoin and highlighting a sharper decline.

Morpho (MORPHO)

Morpho is a decentralized platform that enables users to earn optimized yields and access borrowing opportunities trustless and efficiently. Through Morpho Vaults, lenders can deposit assets into noncustodial vaults that maximize returns, while Morpho Markets provides borrowers direct access to a wide range of assets. Designed for flexibility, Morpho’s permissionless infrastructure allows developers and businesses to create custom markets, curate lending vaults, and build innovative financial applications. Morpho’s immutable smart contracts and governance-minimized operations ensure a trustless and secure environment. Higher collateralization factors, improved interest rates, and low gas consumption highlight the platform’s efficiency. With permissionless market creation and risk management features, Morpho offers a developer-friendly framework for creating scalable decentralized finance (DeFi) solutions. Combining security, efficiency, and flexibility, Morpho is a robust and resilient foundation for advancing the DeFi ecosystem.

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

• Gravity and Hive: These cryptocurrencies have grown remarkably over the past 24 hours, with Gravity rising by 17.99% since the morning update.

Overview: Over the last 24 hours, the crypto market displayed a mix of strong upward momentum, consolidation, and minor pullbacks, reflecting an active and cautious market environment.

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. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -0.70% to -2.31% 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 risen by 0.70% over the last 24 hours. Bitcoin and Ether: Over the previous 24 hours, Bitcoin has risen by 1.58%; in contrast, Ether has decreased by 0.31%.

Gravity (G)

The G token is the native utility token of the Gravity blockchain and the Galxe ecosystem, serving as a critical enabler for transactions, network security, governance, and growth incentives. Galxe, the largest on-chain distribution platform in web3, offers a suite of modular tools, including Quest, Passport, Score, Compass, and Alva, to enhance user engagement, self-sovereign digital identity management, and decentralized application development. Gravity, a Layer 1 blockchain, is designed for mass adoption and seamless multichain interoperability, leveraging cutting-edge technologies such as Zero-Knowledge Proofs, restaking-powered architecture, and advanced consensus mechanisms to ensure high performance, security, and cost efficiency. Together, Gravity and Galxe, powered by the G token, create a comprehensive ecosystem for scalable, user-friendly, and innovative web3 solutions, driving the next wave of decentralized adoption.

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

• WINkLink and Hive: These cryptocurrencies have grown remarkably over the past 24 hours.
• WEMIX has risen by 15.34% since midnight.

Overview: The crypto market dropped early in the session, followed by a sharp recovery that peaked mid-session. After the rally, the market consolidated, highlighting resilience and sustained bullish momentum despite intermittent fluctuations.

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 -0.09% to -1.35% 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 risen by 1.55% in the previous 24 hours.
4. Bitcoin and Ether: Over the previous 24 hours, Bitcoin has surged by 2.38% and outpaced Ether, which has increased by 0.47%.

WEMIX (WEMIX)

Wemix is a blockchain-based global gaming platform developed by Wemade Tree, a subsidiary company of WEMADE, its flagship blockchain gaming services arm. “Wemix” is a platform for gaming dApps providing users with wallets and a marketplace for digital assets (fungible tokens, non-fungible tokens). Wemix envisions nurturing a blockchain gaming ecosystem with users’ “experiential value” at the core while existing blockchain gaming projects focus on digital asset exchange. Core competencies for Wemix setting a new standard in the blockchain gaming scene are: “Sustainability” Wemade has been serving the global gaming industry for over 20 years; “Substance” Wemade has reached more than 600 million users worldwide with global mega-hit game titles, including ChuanQi (Legend of Mir); “Support” Wemade has ten subsidiaries and 10+ investments made into gaming companies with resources accessible for Wemix; “Scalability” Wemix platform adopted a hybrid “multi-chain” infrastructure (public-bridge-private) to address inherent scalability and transaction cost issues.