Movers of the Day 2-Feb-2025

Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are THORChain and Mask Network. Since morning THORChain has increased by 4.47%, Mask Network is 2.11% higher.
In general, the crypto markets were falling during the day and finished deep 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. 2100NEWS Indices which measure the performance of different groups of tokens and coins ended from -13.92% to -4.11%. Our main 2100NEWS Total Index (NWST1100) ended -6.60%. Bitcoin ended -3.10%, Ether ended -8.76%.
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.

THORChain (RUNE)
2100NEWS ranking: 86, Large-cap Non-Ethereum-based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSOT50, NWSDM100 |
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 22 (Average for Large-caps: 18) |
THORChain is a decentralized cross-chain exchange where traders can swap cross-chain assets via liquidity pools across Binance Chain, Ethereum, and Bitcoin. Users can stake digital assets in liquidity pools to earn yield from trading fees and rewards in RUNE tokens, THORChain’s native token.
Top movers of the day are Fuel Network and Kava. Since midnight Fuel Network has increased by 6.99%, Kava by 1.93%. Sologenic is 1.15% higher.
The crypto markets started out lower again. Since midnight the tokens built on Ethereum measured by 2100NEWS Ethereum Based Index (NWSET100) have fallen by 1.53%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 1.22% lower. Bitcoin has decreased by 1.00%, Ether by 1.36%.

Fuel Network (FUEL)
2100NEWS ranking: 350, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300 |
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 12.7 (Average for Small caps: 10.4) |
Fuel combines several innovative features in order to bring new capabilities to the Ethereum ecosystem, without making any compromises.Fuel rollups have parallelized transaction execution, native account abstraction, and support for wallets of all networks. Fuel Ignition is the fastest (>600 TPS) and least expensive (<$0.0002 min per transaction) Optimistic rollup on Ethereum. Since launch, Fuel Ignition has surpassed $400 million in total value locked (TVL). Fuel aims to transform the Ethereum rollup space by combining the purpose-built FuelVM, a highly optimized Rust-based blockchain programming language Sway, and a fully integrated tool chain Forc, Together, these enable developers to create experiences never before seen in the Ethereum ecosystem.

Sologenic (SOLO)
2100NEWS ranking: 342, Small cap Non-Ethereum-based Token, Index member: NWST1100, NWSS300 |
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 7.6, (Average for Small caps: 10.4) |
Sologenic is merging traditional finance with blockchain. The Sologenic ecosystem aims to make it effortless for crypto investors to exchange assets and invest in different conventional financial instruments. The ecosystem aims to eliminate entry barriers for individual and institutional crypto investors. Sologenic allows them to trade non-blockchain asset classes, such as stocks, ETFs, and commodities, with one cryptocurrency, SOLO. SOLO holders can access many stocks from more than 30 global exchanges in North America, Europe, Asia, and Oceania. SOLO will enable people worldwide to buy and sell stock in their favorite companies without the need for traditional brokerages. Sologenic generates stablecoins backed by 1:1 with real-world assets. Each stablecoin represents the ownership of real-world assets. Once tokenized, the asset issued on the blockchain is denominated with the suffix Ƨ; for example, a tokenized asset of TSLA is represented as TSLAƨ.

Kava (KAVA)
2100NEWS ranking: 121, Mid-cap Non-Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSOT50 |
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 16.2 (Average for Tokens: 16) |
The Kava Network is a fast and secure Layer-1 blockchain featuring a unique co-chain architecture that combines the speed and interoperability of the Cosmos SDK with the flexibility and developer support of the Ethereum Virtual Machine (EVM). The Kava Network powers a suite of native DeFi products, including decentralized swap pools and collateralized lending and borrowing, with a full ecosystem of 3rd party EVM and Cosmos SDK-based protocols under development.