Movers of the Day 28-Jan-2025

Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are XYO and Access Protocol. Since 7 pm XYO has increased by 2.01%, Access Protocol by 0.35%.
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 measured by 2100NEWS 100 Large Cap Index (NWSL100) ended -3.37%. Moreover, the mid caps represented by 2100NEWS 200 Mid Cap Index (NWSM200) ended -6.41%. Bitcoin ended -0.72%, Ether ended -3.00%.
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.

XYO (XYO)
2100NEWS ranking: 224, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSDM100 |
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 13 (Average for Mid-caps: 13.3) |
XYO is a decentralized ecosystem known as a DePIN (Decentralized Physical Infrastructure Network) designed to empower users with data sovereignty while facilitating the aggregation and validation of decentralized data. The ecosystem is built around the XYO token, which powers various components, including a network, software suite, developer tools, and an emerging API platform. XYO’s mission is to create a fully trustless oracle that enables both Web3 and Web2 users to securely and autonomously manage and monetize their data. Launched in January 2018 by XY Labs, Inc., XYO was initially focused on providing a decentralized, trustless location oracle. Over the years, the project has expanded to accommodate a broader range of data types, allowing it to serve more diverse markets, including AI, metaverse applications, and data analytics. In doing so, XYO has maintained its commitment to data sovereignty—ensuring that participants in the ecosystem retain control over their data while being rewarded for its use.
7:10 p.m. update: Top movers of the day are XYO and Abracadabra.Money. Since 2 pm XYO has surged 29.99%, Abracadabra.Money is 20.50% higher. Movement has increased by 15.07%.
In the afternoon the crypto markets stayed up. In that time 2100NEWS Indices which measure the performance of different groups of tokens and coins have increased up to 3.71%. 2100NEWS Total Index (NWST1100) is 3.01% higher. Bitcoin has increased by 3.25%, Ether by 2.89%.

XYO (XYO)
Top Movers of the Day (at 2 p.m. update):
- Spell Token and Aerodrome Finance: These cryptocurrencies have outperformed others with gains over the past 24 hours, with Spell Token rising by 15.75% since the morning update.
Overview: Over the last 24 hours, the cryptocurrency market experienced a notable recovery and maintained a steady upward trajectory throughout the early hours, supported by increasing market confidence and a sideways movement with slight fluctuations, indicating consolidation as the market digested gains and stabilized after reaching a peak. NWSBCT Index for Blue Chips: This index focuses on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has mirrored an overall trend. 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 recovered by 2.80% in the last 24 hours, reflecting the widespread bearish sentiment. Bitcoin and Ether: Bitcoin has recovered by 2.38% and Ether by 2.43%.

Spell Token (SPELL)
2100NEWS ranking: 333, Small cap, Index member: NWST1100, NWSS300 |
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 10.1 (Average for Small caps: 10.4) |
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 (at 9 a.m. update):
- DeepBook Protocol and Jupiter: These cryptocurrencies have grown remarkably over the past 24 hours.
- KuCoin Token has risen by 9.87% since midnight.
Overview: Over the last 24 hours, the crypto market has showcased a positive shift in sentiment. The market has steadily climbed, reaching its highest levels late in the session, showcasing sustained bullish momentum. The upward trajectory has suggested a resilient market, with buyers stepping in after recent declines.
- 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.
- 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 recovered by 4.23% in the previous 24 hours.
- Bitcoin and Ether: Over the previous 24 hours, Bitcoin has recovered by 3.63% and Ether by 3.87%.

KuCoin Token (KCS)
2100NEWS ranking: 193, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSET100 |
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 10.6, (Average for Ethereum-based Tokens: 15.4) |
Behind KuCoin are two tech geeks who were early blockchain adopters. Having started coding at the age of 8 and founded his first startup at the age of 16, Michael immediately began to mine BTC when he heard about Bitcoin from his boss, Eric, in 2012. But when he tried to sell some BTC on Mt. Gox, he discovered that what was the world’s largest platform at the time was difficult for beginners to use. As the adoption of blockchain continued, Michael and Eric realized that it was reshaping the financial system into one that would not only serve richest few, but everyone in the world — even the less educated, unemployed, and unbanked. By the end of 2013, they wrote the first pieces of KuCoin’s code in a cafe, starting a People’s Exchange that would allow all to get involved with crypto.