Movers of the Day 13-Mar-2025

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

Top Movers of the Day:

• Venom and aelf: These cryptocurrencies have grown remarkably over the past day, with Venom increasing by 7.54% since 7 p.m.

Overview: Over the last day, the crypto market exhibited relative stability during early trading hours, with minor fluctuations. However, it failed to sustain momentum after midday, leading to a sharp decline in the afternoon. The market remains under bearish pressure despite recent upward movement, suggesting a potential but uncertain rebound.

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, with the latest performance visualized in the accompanying chart (on the left). The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains from 0.92% to 2.69% since 7 p.m. 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 retraced by 2.23% over the last day. Bitcoin and Ether: Over the past day, Bitcoin has retraced by 2.83%, while Ether has outperformed Bitcoin in resilience, falling only by 1.65%.

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.

Venom (VENOM)

Venom is an innovative blockchain network that integrates both Layer 0 and Layer 1 functionalities, leveraging Mesh network technology for unparalleled scalability and efficiency. Designed to support large-scale platforms such as stablecoins, CBDCs, and RWAs (e.g., carbon credits), Venom offers a robust infrastructure ideal for Web3 dApps. The network excels in speed, low transaction fees, and high scalability, capable of processing over 100,000 transactions per second with the potential to scale up to 1 million transactions per second. Venom’s architecture includes the Threaded Virtual Machine (TVM) and dynamic sharding, ensuring rapid finality and efficient handling of complex systems. Its interoperability features allow seamless integration with other blockchain networks, supporting cross-chain transactions and EVM-based dApps. Security is maintained through a hybrid consensus mechanism combining Proof of Stake (PoS) and Byzantine fault-tolerant algorithms, providing a stable and secure environment. The Venom ecosystem encompasses a range of tools and services, including the Venom Wallet, Venom Bridge, and Web3World DEX, enhancing user experience and supporting diverse blockchain applications.

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

• Aelf and FTX Token: These cryptocurrencies have grown remarkably over the past 24 hours.
• Bounce Token has risen by 10.16% since 2 p.m.

Overview: Over the last 24 hours, the crypto market rallied, reaching a local high but faced strong resistance and started a steady decline throughout the day. The sell-off intensified in the last few hours, indicating bearish pressure.

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. ✔ Key Technical Levels Broken: Support at 7.20 has been breached.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -2.62% to -4.40% 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 fallen by 2.16% over the last 24 hours.
4. Bitcoin and Ether: Over the last 24 hours, Bitcoin has dropped by 2.49% and Ether by 2.41%.

Bounce Token (AUCTION)

Auction as a Service – Bounce’s fully decentralized auction platform uses blockchain technology to ensure more transparent, efficient, and accessible auctioning, bidding, and buying processes for Web3 users.

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

• Aelf and Vana: These cryptocurrencies have grown remarkably over the past 24 hours, with Aelf rising by 10.23% since the morning update.

Overview: Over the last 24 hours, the crypto market faced a strong sell-off, testing key support levels before buyers stepped in. The recovery was steady, but no strong breakout occurred, indicating hesitation. After rebounding, the market traded sideways, suggesting cautious optimism.

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 index attempted to break the 7.40 resistance zone multiple times, but failed to sustain momentum.  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 retraced by 1.11% over the last 24 hours. Bitcoin and Ether: Over the previous 24 hours, Bitcoin has retraced by 1.52% and Ether by 1.56%.

aelf (ELF)

aelf, an AI-enhanced Layer 1 blockchain network, aims to leverage the robust C# programming language for efficiency and scalability across its sophisticated multi-layered architecture. Founded in 2017 with its global hub in Singapore, aelf is a blockchain with AI integration and modular Layer 2 ZK Rollup technology, ensuring an efficient, low-cost, and highly secure platform, that is both developer and end-user friendly. aelf is primarily a multi-chain parallel computing blockchain network created to address several of the limitations of traditional blockchain systems, such as performance bottlenecks and data complexity. aelf’s vision is to be a “Linux Ecosystem” equivalent to a blockchain that incorporates state-of-the-art IT design principles, which in particular allows developers to customise chains to meet their needs.

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

• Aelf and Pepe: These cryptocurrencies have grown remarkably over the past 24 hours, with Aelf rising by 11.65% since midnight.

Overview: Over the last 24 hours, the crypto market started with strong upside movement, testing resistance before encountering selling pressure. A rapid decline followed, confirming a short-term support zone. After bottoming out, the market bounced back steadily, forming a higher low pattern, followed by sideways consolidation.

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.  Bullish Case: If the index breaks and holds above 7.40, it could push toward 7.50 in the next move.  Bearish Case: A drop to 7.20 or lower is possible if the index fails at resistance again.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -0.60% to -1.22% 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 recovered by 1.99% in the previous 24 hours.
4. Bitcoin and Ether: Over the previous 24 hours, Bitcoin has recovered by 1.24%; in contrast, Ether has significantly underperformed Bitcoin, dropping by 1.89%.