Movers of the Day 4-Mar-2025

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

Top movers of the day are Aave and Aethir which has increased by 7.12% since 7 pm. Aave is 0.39% higher.

Most cryptocurrencies finished the day in green as 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 +0.82%. 2100NEWS Total Index (NWST1100) ended +0.89%. Bitcoin ended +1.17%, Ether ended +0.70%.

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.

Aethir (ATH)

Aethir is a cloud computing infrastructure platform that revolutionizes the ownership, distribution, and utilization paradigms of enterprise-grade graphical processing units (GPUs). By moving away from traditional centralized models, Aethir has deployed a scalable framework for sharing distributed computational resources, catering to enterprise applications and clientele across various industries and regions.

7:10 p.m. update: Top movers of the day are Aave and Drift Protocol. Since 2 pm Aave has increased by 10.27%, Drift Protocol is 2.02% higher.

In the afternoon the crypto markets rebounded but still about 6% lower than 24 hours ago. Since 2 pm 2100NEWS Indices have increased up to 3.26%. 2100NEWS Total Index (NWST1100) is 1.82%. Coming back to the $85.700 Bitcoin has increased by 1.83%, Ether is 0.82% higher.

Aave (AAVE)

Aave is a decentralised non-custodial liquidity protocol where users can participate as suppliers or borrowers. Suppliers provide liquidity to the market while earning interest, and borrowers can access liquidity by providing collateral that exceeds the borrowed amount.

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

• Drift Protocol and Act I : The AI Prophecy: These cryptocurrencies have grown remarkably over the past 24 hours.
• Hamster Kombat has increased by 3.99% since the morning update.

Overview: Over the last 24 hours, the crypto market continued its strong downward movement, with persistent selling pressure and forced liquidations:
✔ No significant recovery attempts have been observed, indicating panic-driven selling and weak buyer support.
✔ Unlike previous short squeezes, the market has remained flat after the drop, with sellers maintaining control. 

✔ The lack of a sharp rebound raises concerns about further downside unless buyers step in aggressively.

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, and the market movement is presented with the chart of this index (on the left). The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported retracements ranging from -3.20% to -6.29% 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 10.78% over the last 24 hours. Bitcoin and Ether: Over the previous 24 hours, Bitcoin has plunged 9.93%, while Ether has underperformed Bitcoin, losing 11.15%.

Hamster Kombat (HMSTR)

Hamster Kombat is a cryptocurrency-based clicker game that has garnered attention for its engaging gameplay and integration with the digital currency ecosystem. This game combines elements of strategy, management, and earning through play, appealing to a wide range of players interested in the crypto space.

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

• GOMINING and Drift Protocol: These cryptocurrencies have grown remarkably over the past 24 hours, with Cronos increasing by 2.72% since midnight.

Overview: Over the last 24 hours, the crypto market witnessed a sharp sell-off,  leading to a continuous decline, with steep drops occurring in multiple waves.

1. NWSBCT Index for Blue Chips: This index focuses on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index mirrored the overall market trend.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported retracements ranging from -3.39% to -5.64% 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 11.14% in the previous 24 hours.
4. Bitcoin and Ether: Over the previous 24 hours, Bitcoin has plunged 9.84%, while Ether has experienced a significantly more significant loss of 12.85%.

 

Drift (DRIFT)

2100NEWS ranking: 216, Mid-cap Non-Ethereum-based Token, Index member: NWST1100, NWSM200, NWSOT50, NWSDM100

2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 12.2, (Average for Non-Ethereum-based Tokens: 14.5)

Drift is a decentralized exchange (DEX) built on the Solana blockchain, offering perpetual and spot trading markets. It enables users to trade pre-launch and launched tokens with up to 10x leverage. A key feature of Drift is its support for a diverse range of collateral options beyond stablecoins, providing traders with increased capital efficiency. Leveraging Solana’s high-speed and low-cost infrastructure, Drift delivers a seamless trading experience, making it a prominent platform for on-chain derivatives and token trading.