Movers of the Day 28-Feb-2025

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

Top Movers of the Day:

• Celestia and ai16z: These cryptocurrencies have grown remarkably over the past day, with Celestia increasing by 7.91% since 7 p.m.

Overview: Over the last day, the crypto market started with a sharp drop. The market steadily recovered after hitting a local bottom, forming higher lows. The price stabilized near the highs, but momentum slowed down, indicating hesitation in further upside movement.

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. 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 0.48% over the last day. Bitcoin and Ether: Over the past day, Bitcoin has slightly decreased by 0.34%, while Ether has underperformed Bitcoin, dropping by 3.03%.

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.

Celestia (TIA)

Celestia is a new technology that powers, scales, and secures web3 applications. To achieve this, Celestia introduces a new blockchain architecture to solve the core scaling challenges of today’s blockchains. This new architecture is what we call modular blockchains.

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

• Peanut the Squirrel and Gigachad: These cryptocurrencies have grown remarkably over the past 24 hours, with Peanut the Squirrel surging by 27.33% since 2 p.m.

Overview: Over the last 24 hours, the crypto market experienced a major breakdown around 3 a.m., leading to a sharp sell-off. After hitting the lowest point, buyers stepped in, forming higher lows and initiating a recovery. The market gradually climbed throughout the day, showing renewed buying 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 fallen by 1.46% over the last 24 hours.
3. Bitcoin and Ether: Over the last 24 hours, Bitcoin has fallen by 0.86%, while Ether has plunged by 4.55%, significantly underperforming Bitcoin.

Peanut the Squirrel (PNUT)

Peanut the Squirrel is a meme coin on Solana.

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

• Nervos Network and ai16z: These cryptocurrencies have grown remarkably over the past 24 hours, with ai16z increasing by 7.32% since the morning update.

Overview: Over the last 24 hours, the crypto market has faced a sharp breakdown that occurred around 3 a.m., but has since found short-term support. Index for Blue Chips: This index focuses on the more established cryptocurrencies, colloquially known as the “Blue Chips”. The index has mirrored the overall trend. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported plunges ranging from -4.08% to -6.00% 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 7.29% over the last 24 hours. Bitcoin and Ether: Over the previous 24 hours, Bitcoin has dropped by 6.80%, while Ether has significantly underperformed Bitcoin, plungging 9.95%.

ai16z (AI16Z)

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

• Nervos Network and Morpho: These cryptocurrencies have grown remarkably over the past 24 hours, with Nervos Network rising by 12.19% since midnight.

Overview: Over the last 24 hours, the crypto market experienced extended downtrend and heavy selling pressure. A significant drop occurred overnight, pushing most assets to multi-day lows. Failed attempts at recovery indicate lack of immediate support. 

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 plunges ranging from -5.53% to -7.42% 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 plunged 9.07% in the previous 24 hours.
4. Bitcoin and Ether: Over the previous 24 hours, Bitcoin has plunged 8.47% and Ether 11.10%, significantly underperforming Bitcoin.

Nervos Network (CKB)

The Nervos Network is an open-source, public blockchain ecosystem and collection of protocols solving the biggest challenges facing blockchains like Bitcoin and Ethereum today. The Nervos CKB (Common Knowledge Base) is layer 1, proof of work public blockchain protocol of the Nervos Network. It allows any crypto-asset to be stored with Bitcoin’s security, immutability, and permissionless nature while enabling smart contracts and layer two scalings. It captures the total network value through its “store of value” crypto-economic design and native token, the CKByte.Power Ledger, based in Australia, encourages us to imagine a world where electricity is dependable, affordable, and clean for everyone. Powered by contracts on the Ethereum network, the peer-to-peer energy exchange platform, their most mature platform, aims to democratize energy trading with transparent systems that allow individuals and communities to select their power source. POWR is the utility token that users would escrow to use the platform in their dual token model, while Sparkz represents electricity credits tied to local fiat for marketplace participants. Both are used to create part of an economy where households that generate electricity can trade with their neighbors for a fair return.