Movers of the Day 23-Jan-2025

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

Top Movers of the Day:

• Newton Project and Onyxcoin: These cryptocurrencies have grown remarkably over the past day, with Onyxcoin surging by 27.62% since 7 p.m.

Overview: The crypto market has exhibited heightened uncertainty, highlighted by a pronounced early decline followed by a sharp recovery. The late-session movements underscore high volatility, marked by rapid declines and recoveries as participants engage in profit-taking and strategic positioning.

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 from -0.53% to -1.62% since 7 p.m. 2100NEWS Total Index (NWST1100): Representing a wide spectrum of the crypto market, this index tracks 1100 significant cryptocurrencies based on their market cap. It has decreased by 0.41% over the last 24 hours. Bitcoin and Ether: Over the past day, Bitcoin has slightly decreased by 0.12%; in contrast, Ether has recovered by 1.92%.

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.

Onyxcoin (XCN)

Onyx Protocol is an algorithmic money market designed to provide secure and trustless credit and lending to users on the Ethereum Network. It enables investors to lend and/or borrow cryptocurrencies by pledging an over-collateralized amount of cryptocurrency to the platform. Onyx does this by utilizing money markets, which are pools of assets with algorithmically derived interest rates based on the supply and demand of each asset.

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

• Onyxcoin and Marlin: These cryptocurrencies have grown remarkably over the past 24 hours, with Onyxcoin soaring 42.58% since 2 p.m.

Overview: The crypto market exhibited notable volatility, with sharp intraday fluctuations followed by substantial recoveries. Despite the volatility, the market showed resilience, recovering strongly from dips and closing near session highs. This recovery indicates renewed buyer interest.

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 increased by 0.10% over the last 24 hours.
3. Bitcoin and Ether: Over the last 24 hours, Bitcoin has risen by 1.56%; in contrast, Ether has decreased by 0.55%.

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

• Arcblock and Marlin: These cryptocurrencies have grown remarkably over the past 24 hours.
• Constellation Network has increased by 5.22% since the morning update.

Overview: Over the last 24 hours, the crypto market has exhibited a clear downward trend, marked by persistent declines and limited recovery attempts. This suggests a market under sustained selling pressure, with bearish sentiment prevailing.

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 -2.19% to -4.61% 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 plunged by 3.99% over the last 24 hours. Bitcoin and Ether: Over the previous 24 hours, Bitcoin has plunged by 3.54% and Ether by 3.32%.

Constellation (DAG)

Constellation Network leads Web3 with a blockchain infrastructure that positions businesses at the forefront of data and commerce in the stakeholder economy and helps individuals become datapreneurs. Constellation has hosted 70+ companies in our accelerator program and helped them build world-class applications, including Alkimi and Geojam. Constellation’s Hypergraph network 1.0 is validated by 120 full nodes that earn our DAGX cryptocurrency for maintaining the state of the network. Constellation is also distinguished by Constellation’s two layers of consensus, L0 and L1, which achieve speed and scalability. Recently, Constellation introduced the Dor Traffic Miner, a data-collection and analysis device that also earns crypto for the owner.

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

• Arcblock and Marlin: These cryptocurrencies have grown remarkably over the past 24 hours.
• Goatseus Maximus has soared 35.19% since midnight.

Overview: Over the last 24 hours, the crypto market has experienced a downward trend. While there was a minor recovery towards the end of the observed period, the overall movement indicates a market struggling to regain upward momentum amid heightened volatility.

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 retracements ranging from -1.28% to -3.15% 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 dropped by 2.43% in the previous 24 hours.
4. Bitcoin and Ether: Over the previous 24 hours, Bitcoin has dropped by 2.39% and Ether by 1.90%, with Ether slightly outperforming Bitcoin in limiting losses.

Goatseus Maximus (GOAT)