Movers of the Day 2-Mar-2025

2100news (17)

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

Top Movers of the Day:

  • Cardano and XRP: These cryptocurrencies have experienced explosive gains, attracting investor attention over the past day, with Cardano leaping 59.40% since 9 a.m.

Overview: Over the last day, the crypto market witnessed a massive breakout around 4 p.m., triggered by President Donald Trump’s announcement of the U.S. Strategic Crypto Reserve: ✔ The announcement included major assets like BTC, ETH, XRP, SOL, and ADA, sparking a rapid surge in prices. ✔ A short squeeze amplified buying pressure, leading to parabolic gains across multiple assets.

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 leaps from 8.57% to 19.43% since 9 a.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 leaped 11.87% over the last day, confirming a broad-market uptrend. Bitcoin and Ether: Over the past day, Bitcoin has soared 9.71%, while Ether has outpaced Bitcoin, with a 14.43% leap.

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.

 

ADA

Cardano (ADA)

2100NEWS ranking: 6, Blue chip Coin, Index member: NWST1100, NWSL100, NWS30, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 31.1 (Average for Blue chips: 23.7)

Cardano is a decentralized blockchain network and virtual currency project. It is entirely open-source, aiming to establish a smart contract system with more advanced functionalities than existing protocols. It concentrates on evolving out of scientific philosophy, utilizing a research-driven approach.

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

  • Amp and Stellar: These cryptocurrencies have grown remarkably over the past 24 hours.
  • KAITO has increased by 8.60% since midnight.

Overview: Over the last 24 hours, the crypto market started with a downward movement, facing intense selling pressure. After hitting the low, buyers stepped in aggressively, triggering a V-shaped recovery. Bullish momentum remains intact, with consolidation near recent highs.

  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. 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 1.36% in the previous 24 hours.
  3. Bitcoin and Ether: Over the previous 24 hours, Bitcoin has recovered 1.67%; in contrast, Ether has slightly decreased by 0.34%, underperforming Bitcoin.
KAITO

KAITO (KAITO)

2100NEWS ranking: 237, Mid-cap, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 11.2, (Average for Mid-caps: 13.1)

KAITO is the native token of the AI-powered InfoFi network, serving as a fundamental component in shaping the Web3 information economy. Designed to aggregate and streamline access to decentralized data sources, KAITO facilitates market participation, seamless transactions, and decentralized governance within the Kaito ecosystem. As a medium of exchange, it enables efficient interactions, while its governance model empowers token holders to influence key protocol decisions. Since its launch, KAITO has gained traction in the crypto market, which is backed by leading investors and driven by a strong AI infrastructure. Its role in aligning incentives and fostering a transparent, efficient network positions it as a pivotal asset in the evolving Web3 landscape.

 


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