Movers of the Day 2-May-2024

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

Top Movers of the Day:

• Tellor and Arweave: These cryptocurrencies have grown remarkably over the past day.
• LeverFi has risen by 16.53% since 7 p.m.

Overview: The crypto market has shown resilience, embarking on a recovery trajectory characterized by steady growth followed by consolidation, indicating a healthy pause after the initial surge.

 NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has shown movement similar to the overall market. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.20% to 1.20% since 7 a.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 surged by 2.21% over the last 24 hours. Bitcoin and Ether: Bitcoin’s rise by 2.24% and Ether’s more modest gain of 1.08% further solidify the market’s upward movement.

The criteria upon which these specific cryptocurrencies and indices have been highlighted are detailed in supplemental notes. 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.

 

LeverFi (LEVER)

2100NEWS ranking: 365, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300

2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 14.6 (Average for Small caps: 10.1)

LeverFi allows traders to deposit yield-bearing collateral and trade the fluctuations in asset prices at up to 10x leverage. Traders deposit collateral such as BTC, ETH, Curve-LP, Uni-LP, and more to trade changes in asset prices at up to 10x leverage. Collateral is deposited to farming protocols, allowing traders to earn yields and leverage trade simultaneously.

 

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

• Tellor and Popcat: These cryptocurrencies have grown over the past 24 hours, with Tellor soaring 37.21% since 2 p.m.

Overview: Over the previous 24 hours, the cryptocurrency market has demonstrated a steady recovery. The gradual upward trajectory underscores a volatile yet positive market dynamic, indicating resilience amid fluctuations.

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 general market trend, suggesting that significant assets are participating in the recovery.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 1.69% to 2.48% 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 risen by 0.48% since the 2 p.m. update and 4.46% over the last 24 hours, highlighting substantial market improvement.
4. Bitcoin and Ether have shown impressive recoveries, with Bitcoin soaring 3.63% and Ether 3.35%, reflecting the overall positive movement in the market.

 

Tellor (TRB)

2100NEWS ranking: 252, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSDM100

2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 12, (Average for Mid-caps: 13.5)

Tellor is a decentralized Oracle that brings high-value off-chain data onto Ethereum. The system utilizes a network of staked miners that compete to solve a PoW challenge to submit the official value for requested data. Tokens are mined with every successful Tellor data point, and the company takes a 10% dev share to support the development of the ecosystem.

 

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

• Jito Labs and Popcat: These cryptocurrencies have grown over the past 24 hours, with Popcat rising by 9.83% since the morning update.

Overview: Over the previous 24 hours, the cryptocurrency market has shown signs of volatility with a pronounced recovery phase. This recent upward trend indicates a possible shift in market sentiment. NWSBCT Index for Blue Chips: This index focuses on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has shown patterns similar to the overall market. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.88% to 2.93% since midnight. 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 surged by 2.10% since the morning and achieved a 3.05% recovery over the last 24 hours. Bitcoin and Ether have shown impressive recoveries, with Bitcoin increasing by 1.36% and Ether surging by 3.38%, reflecting the overall positive movement in the market.

 

Popcat SOL (POPCAT)

2100NEWS ranking: 487, Small cap Non-Ethereum-based Token, Index member: NWST1100, NWSS300

2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 7.9 (Average for Small caps: 10.1)

Popcat is an Internet meme originating in October 2020, in a series of videos that showcase two images of a domestic short-haired cat

 

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

• ATOR Protocol and Popcat: These cryptocurrencies have grown over the past 24 hours.
• Steem has increased by 9.83% since midnight.

Overview: Over the previous 24 hours, the cryptocurrency market has seen a consolidation after a clear downward trajectory with short-lived minor rebounds

1.  NWSBCT Index for Blue Chips: This index focuses on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has shown patterns similar to the overall market.
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. Its decrease by 0.75% since midnight and a 1.34% drop over the last 24 hours highlight significant market retreats.
3. Bitcoin and Ether have experienced significant drops, with Bitcoin down 3.38% and Ether by 1.49%, illustrating the downward pressure.

 

Steem (STEEM)

2100NEWS ranking: 290, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100

2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 10.5 (Average for Coins: 15.2)

Steem bills itself as a social blockchain that grows communities and makes revenue streams possible for users by rewarding them for sharing content. It also powers real applications via social apps like Steemit. Steem started as the cryptocurrency on the Steemit platform that rewards users for community building through upvoting and posting meaningful content. Founded in 2016 by Ned Scott and BitShares creator Dan Larimer, the Steemit platform, built atop the Steem blockchain, is a social media network that seeks to be a source of community-driven curated content such as news, Q&A, and job boards. The more value a particular piece of content can deliver across a significant number of people, the greater the reward the creator receives. Steemit users can cast votes to create a hierarchy of content. The higher the upvote count received on a content piece, the more Steem is earned by its publisher. Steemit’s meritocratic system also enables users who hold more currency to cast more meaningful, more significant influence votes.

 

ATOR Protocol (ATOR)

2100NEWS ranking: 466, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300

2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 3.7 (Average for Small caps: 10.1)

ATOR empowers decentralized internet relay operators through on-chain recognition rewards and facilitates wider provision of open and anonymous protocols through our hardware.