Movers of the Day 17-Mar-2025

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

Top movers of the day are Echelon Prime and UXLINK. Since 7 pm Echelon Prime has increased by 13.26%, UXLINK is 2.73% higher.

The crypto markets 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 +3.34%. 2100NEWS Total Index (NWST1100) ended +2.77%. Bitcoin ended +2.32%, Ether ended +2.95%.

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.

Echelon Prime (PRIME)

The Echelon Prime Foundation is a web3 ecosystem that drives the development of next-generation games. With the support of PRIME, Echelon promotes innovation in the new gaming economy through open source and community led frameworks.

7:10 p.m. update: Top movers of the day are Numeraire and SPACE ID. Since 2 pm Numeraire has surged 44.71%, SPACE ID has increased by 8.55%. PancakeSwap is 1.59% higher.

In the afternoon the crypto markets went up. Since 2 pm 2100NEWS Indices have increased up to 1.31%. 2100NEWS Total Index (NWST1100) is 1.16% higher. Bitcoin has increased by 1.33%, Ether by 1.23%.

Numeraire (NMR)

Machine learning competitions are susceptible to intentional overfitting. Numerai proposes Numeraire (NMR), a new cryptographic token that can be used in a novel auction mechanism to make overfitting economically irrational. The auction mechanism leads to equilibrium bidding behavior that reveals rational data scientists’ confidence in their models’ ability to perform well on new data. The auction mechanism also yields natural arguments for the economic value of a Numeraire token.

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

• PancakeSwap and BinaryX: These cryptocurrencies have grown remarkably over the past 24 hours, with PancakeSwap rising by 17.38% since the morning update.

Overview: Over the last 24 hours, the crypto market has shown significant volatility, a sharp rally, a deep retracement, and a subsequent recovery. Recent Weakness: After reaching a local high, the market has faced renewed selling pressure, leading to a pullback. ✔Volatility remains high, with sharp moves in both directions. ✔ Buyers attempted a breakout, but resistance capped further gains.

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, with the latest performance visualized in the adjacent chart (on the left). The index tested the 7.40 resistance zone multiple times but failed to sustain momentum, suggesting intense selling pressure at higher levels. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported recoveries ranging from 1.21% to 4.39% since midnight. 2100NEWS Total Index (NWST1100): Representing a broad spectrum of the crypto market, covering 1100 significant cryptocurrencies based on their market cap. It has slightly decreased by 0.15% over the last 24 hours. Bitcoin and Ether: Over the previous 24 hours, Bitcoin has recovered by 0.53%, while Ether has outperformed Bitcoin in recovery, rising by 1.42%.

PancakeSwap (CAKE)

Pancakeswap was initially built on the BNB Chain and allows users to trade tokens without using a centralized exchange. It provides an array of products, such as: (1) An exchange to swap tokens; (2) A yield farm to earn rewards; (3) Syrup pools to stake CAKE tokens; (4) Ethereum liquid staking (wBETH) and simple staking; (5) Pancake Protectors game; (6) v3 position manager (new feature); (7) A prediction market; (8) Initial Farm Offering (IFO) token launches; (9) A bridge to bridge CAKE to Ethereum and Aptos; (10) A lottery; (11) An NFT marketplace. Pancakeswap innovates quickly and ships new products regularly. In April 2023, PancakeSwap voted to transition to a deflationary token model called “Ultrasound CAKE.” The protocol passed a proposal called CAKE Tokenomics v2.5 to create a structure combining real yield (no supply impact) and reduced token emissions.

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

• BinaryX and Drift Protocol: These cryptocurrencies have grown remarkably over the past 24 hours, with BinaryX soaring 29.36% since midnight.

Overview: Over the last 24 hours, the crypto market has experienced a volatile trading session marked by an initial decline, sharp fluctuations, and a subsequent recovery.

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 recoveries ranging from 1.24% to 4.10% 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 retraced by 0.98% in the previous 24 hours.
4. Bitcoin and Ether: Over the previous 24 hours, Bitcoin has fallen by 0.89%, while Ether has underperformed Bitcoin, retracing by 1.33%.

 

BinaryX (BNX)

2100NEWS ranking: 141, Mid-cap Non-Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSOT50, NWSDM100

2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 12.7 (Average for Tokens: 16.2)

BinaryX is the platform cryptocurrency for the BinaryX ecosystem, which includes the DAO and all products & games utilizing $BNX. BinaryX began as a decentralized derivative trading system. Recognizing the burgeoning popularity of GameFi and interest in metaverse games, the team gradually evolved into developing decentralized video games and is now fully transitioning to a GameFi platform offering IGO services to bridge Web2 developers to Web3.