Movers of the Day 26-Jan-2025

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

Top movers of the day are Abracadabra.Money and XPR Network which has surged 39.74% since morning. Abracadabra.Money is 33.67% higher. Newton Project has increased by 24.34%.

In the evening the crypto markets went down significantly and finished the day in red. Today’s crypto market movement is illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. The large caps represented by 2100NEWS 100 Large Cap Index (NWSL100) ended -1.73%. Our main 2100NEWS Total Index (NWST1100) ended -0.97%. Bitcoin ended -0.63%, Ether ended -1.15%.

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.

Spell Token (SPELL)

Abracadabra.money is a Omnichain DeFi lending platform that works its magic by utilizing interest-bearing tokens as collateral to mint Magic Internet Money, a USD-Denominated stablecoin. A lot of assets today are interest-bearing, Abracadabra unlocks the capital of these assets allowing users to take out USD-denominated loans while the collateral keeps earning yield. Abracadabra also offers staking strategies allowing non-yielding assets to start earning yield in a very simple and efficient way. Abracadabra offers multiple services to its users, each section will explain how these product work.

Top movers of the day are Onyxcoin and MANTRA. Since midnight Onyxcoin has surged 28.30%, MANTRA has increased by 17.36%.

In general, the crypto markets started out at the same levels as they finished last night. In the last 24 hours 2100NEWS Indices which measure the performance of different groups of tokens and coins have increased up to 2.45%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 1.15% higher. Bitcoin has increased by 0.59%, Ether by 1.43%.

Newton (NEW)

Newton Project aims to build infrastructure for a community-based economy through the provision of services around governance, collaboration, and incentives, Newton comprises an underlying public chain (New Chain), distributed storage service (New Net), and New IOT (which covers more than a dozen sensors). Its main net was launched in Dec 2018, which reportedly features a “Main chain and Sub chain” structure, POA consensus mechanism.

Onyxcoin (XCN)

The Onyx Protocol is a shared, multi-asset blockchain platform that makes digital asset management easier and secure. It functions like a super-powered digital ledger that enables different networks to work together while maintaining strict control over their assets.

MANTRA (OM)

MANTRA Chain is a groundbreaking layer 1 blockchain specifically designed for real-world asset (RWA) tokenization. It offers a unique ‘permissionless blockchain for permissioned applications’ approach, allowing traditional financial assets to be brought on-chain while maintaining regulatory compliance. The platform aims to bridge the gap between traditional finance and blockchain technology through innovative features like digital identity verification, compliance controls, and efficient token management. Since its inception, MANTRA Chain has successfully launched its mainnet and established partnerships with major financial institutions to facilitate RWA tokenization at scale. The platform’s focus on regulatory compliance and security makes it particularly attractive for institutional adoption and mainstream financial integration.