Movers of the Day 30-Apr-2025

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

🌙 00:00 CET – Daily Wrap-Up: Market Stages Strong Recovery After Sharp Plunge – Top Movers of the Day

• Pundi X (New) and COTI: Since 7 pm Pundi X (New) has increased by 3.32%, COTI is 8.46% higher.

Overview: The NWSBCT index chart vividly illustrates a day of extreme volatility. After trading relatively stable, the market experienced a dramatic plunge mid–afternoon. However, a powerful V–shaped recovery followed in the late session, allowing the index to reclaim a significant portion of the ground lost during the sharp sell–off, ending the day near where it started the final session.

🔍 Market Insight: The market closed the day demonstrating remarkable resilience following a dramatic intraday plunge. Although the NWST1100 index finished slightly down (-0.46%) over 24 hours, the strong recovery in the final hours is notable. Both Bitcoin (-0.18%) and Ether (-0.12%) ended the 24–hour period modestly lower but recovered significantly during the last session. Sector performance since the evening report was uniformly positive, led by NWSDM100 (+1.60%), highlighting the breadth of the late recovery. Movers like COTI surged during this final session. While the V–shaped recovery is impressive, the preceding sharp drop underscores significant underlying instability. The market successfully defended the lows, but such volatility warrants caution as underlying issues may persist.

NWSBCT (Blue Chips Index): The NWSBCT index experienced a sudden, sharp drop from the 7.65 level mid–afternoon, plummeting to lows near 7.42. Buyers stepped in aggressively at these levels, initiating a strong V–shaped recovery that propelled the index back above 7.60. It closed the session consolidating near the 7.62 level, significantly recovering from the intraday nadir.

This closing update covers the day’s final session between 7:00 p.m. and midnight CET. Top Movers include 24h performance, but the primary focus is on the asset with the most significant change since the 7:00 p.m. report. 2100NEWS Indices show changes from 19:00 to 00:00 CET. 2100NEWS Total Index (NWST1100) and Bitcoin & Ether sections always reflect complete 24-hour changes, regardless of report timing. Please note that conditions may have shifted since the time of publication. Supplemental notes detail the criteria for highlighting these specific cryptocurrencies and indices. 

Pundi X [New] (PUNDIX)

Pundi X is a leading developer of blockchain-powered devices with the aim of transforming retail businesses with its blockchain-based point of sale solution. The solution allows retail merchants and consumers to conduct instantaneous in-store transactions on its blockchain. The blockchain solution was founded in 2017 and launched its ICO in January 2018 as the world’s first point-of-sale solution. Following a successful ICO, Pundi X has successfully launched retailed focused services including XPOS, XWallet and XPASS as well as the world’s first blockchain phone called BOB. The company, which has its headquarters in Singapore, has shipped its XPOS solution and devices to over 25 markets including the United States, Spain, Argentina, Korea, Australia, Colombia, Spain and Taiwan.

🌇 19:00 CET – Evening Report: Market Plunges Sharply in Afternoon Trading – Top Movers of the Day

• Drift Protocol and Akash Network: Since 2 pm Drift Protocol has increased by 2.37%, Akash Network is 3.66% higher.

Overview: The NWSBCT index chart displays a dramatic downturn in the afternoon session. After maintaining relative stability earlier in the day, the market experienced a sudden and sharp sell–off, breaking significantly lower. Following this plunge, the index has attempted a minor, choppy recovery from the intraday lows.

🔍 Market Insight: A sharp afternoon sell–off reversed earlier stability, pushing the broader market significantly lower. The NWST1100 index is down 1.98% over the last 24 hours, reflecting the widespread decline. Both Bitcoin (-1.22%) and Ether (-2.88%) are negative, with Ether suffering heavier losses. All sectors recorded negative performance since the last report, led lower by NWSOT50 (-2.77%). Despite some outliers like DRIFT holding onto 24h gains, the severity of the drop visible on the chart signals a significant shift in sentiment. While a tentative bounce is underway, this sharp decline introduces significant downside risk, and the market appears vulnerable to further selling pressure if the recent lows are breached.

Akash Network (AKT)

Akash is a decentralized cloud computing market. It is a decentralized cloud (decloud) designed for defi, which can release 85% of the underutilized cloud computing capacity in 8.4 million data centers. Akash enables anyone to buy and sell unused computing power. Akash network is a fully autonomous rights and interests proof blockchain developed on Cosmos hub. It uses the native functional token Akash token (Akt) as the main means to govern and protect the blockchain, and provides a default mechanism to store and exchange value. Akt will serve as the reserve currency in Akash’s multi currency and Multi Chain ecosystem, and ensure the economic security of the platform’s public blockchain through pledge. We are implementing the economic model of Akash pass in stages. In order to properly compensate the suppliers on the network, we will first stabilize the pledge set so as to establish the economic value of Akt when the main network 1 is released. After the initial stage of network guidance is completed, we will start to study the Akash economic model to encourage suppliers to provide lower prices and encourage Pledgors to participate in the network for a long time.

🕑 14:00 CET – Midday Report: Market Attempts Recovery After Sharp Drop – Top Movers of the Day

• Drift Protocol and Akash Network: Since 9 am Drift Protocol has increased by 5.37%, Akash Network by 8.41%.
• Plume Network is 1.64% higher.

Overview: The NWSBCT index chart shows the market attempting to recover following a significant sell–off that occurred overnight. After hitting a low point in the early hours, the index has gradually climbed back. However, this recovery appears choppy and lacks strong conviction, currently trading well below yesterday‘s highs, indicating a struggle to regain lost ground.

🔍 Market Insight: The market remains under pressure, with the NWST1100 index showing a slight decrease of -0.38% over the past 24 hours. Bitcoin (+0.05%) is essentially flat, while Ether (-0.81%) has notably underperformed, reflecting weakness in major altcoins. Sector performance since midnight is mixed, with Small Caps (NWSS300 +1.61%) leading the recovery attempt, while the Coin Index (NWSCo100 -0.05%) lags. Movers like DRIFT show localized strength. The choppy recovery visible on the chart, combined with Ether’s weakness, suggests caution. While the bounce off the lows provides some relief, the lack of strong follow–through indicates the market might remain vulnerable to further downside or enter a consolidation phase.

NWSBCT (Blue Chips Index): The NWSBCT index experienced a sharp decline from levels above 7.68 yesterday, eventually bottoming out near the 7.53 level overnight. The subsequent recovery has been gradual and volatile, pushing the index back towards the 7.65 area. It is currently facing resistance at this level, struggling to build further upward momentum.

Drift (DRIFT)

Drift Protocol is a decentralised exchange, open-sourced and built on the Solana blockchain. At the application level, Drift Protocol supports low slippage, low fees, and minimal price impact on all trades. Drift offers four primary products: Spot Trading, Perpetuals Trading, Borrow & Lend, Passive Liquidity Provision.

09:00 CET – Morning Pulse: Market Consolidates After Overnight Volatility – Top Movers of the Day

• Alpaca Finance and Drift Protocol: Since midnight Alpaca Finance has soared 67.58%, Drift Protocol is 24.02% higher.
• Pundi X (New) has increased by 17.62%.

Overview: The NWSBCT index chart reveals significant volatility over the past day. After peaking yesterday, the index experienced a sharp decline, finding a bottom during the overnight hours. Since then, it has staged a partial recovery but appears to be encountering resistance and consolidating at levels considerably lower than yesterday‘s highs, indicating ongoing uncertainty.

🔍 Market Insight: The broader market remains tentative this morning, with the NWST1100 index slightly down (-0.61%) over the last 24 hours, reflecting the struggle to fully recover from the recent sell-off. Both major cryptocurrencies are in the red, with Ether (-0.80%) notably weaker than Bitcoin (-0.01%). Sector performance since midnight is mixed, with Small Caps (NWSS300 +0.84%) showing relative strength while Coin Index (NWSCo100 -0.37%) lags. The staggering gain of ALPACA (+366.55%) is a significant outlier. Despite the attempted bounce visible on the chart, the overall weak index performance and Ether’s dip suggest underlying caution. The failure to decisively reclaim prior levels leaves the market potentially vulnerable to further consolidation or dips.

NWSBCT (Blue Chips Index): The NWSBCT index saw a substantial drop from levels near 7.70 yesterday afternoon, eventually finding support around the 7.53 area overnight. A subsequent recovery attempt brought the index back above 7.60, but momentum stalled below 7.65. The index is currently consolidating around the 7.61 mark, struggling to regain further ground.

Alpaca Finance (ALPACA)

Alpaca Finance is a lending protocol on Binance Smart Chain (BSC) that enables leveraged yield farming. The platform helps users to earn stable yields on their crypto assets and offers undercollateralized loans to borrowers for leveraged yield farming.