Movers of the Day 3-May-2024

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

Top Movers of the Day:

• Degen and ZetaChain: These cryptocurrencies have grown remarkably over the past day.
• cat in a dogs world has increased by 7.04% since 7 p.m.

Overview: The crypto market has experienced significant positive momentum, with Bitcoin leading the rally. This uptick is echoed across various sectors within the market, as evidenced by notable gains. The current market dynamics suggest that investor confidence is high.

 NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has also participated in this upward trend, demonstrating that the bullish sentiment has also been prevalent among the heavyweight cryptos. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 0.55% to 1.44% 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 1.32% since 7 p.m. and soared 4.94% over the past day. Bitcoin and Ether: Bitcoin has particularly excelled with a leap of 5.84%, setting a positive tone for the market, and Ether has also posted a substantial gain of 3.71%, reinforcing the upward trend and contributing to the market’s overall strength.

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.

 

cat in a dogs world (MEW)

2100NEWS ranking: 253, Mid-cap Non-Ethereum-based Token, Index member: NWST1100, NWSM200, NWSOT50

2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 6.5, (Average for Non-Ethereum-based Tokens: 13.7)

MEW, the cat-inspired cryptocurrency, is on a mission to reclaim its territory from the dogs. With the goal of siphoning liquidity from their rivals, MEW emerges to reclaim its rightful place in the crypto realm at the top of the food chain.

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

• Degen and Arcblock: These cryptocurrencies have grown over the past 24 hours, with Degen surging by 19.99% since 2 p.m.

Overview: The cryptocurrency market experienced a notable upturn as the day progressed, led primarily by Bitcoin’s strong performance.

1. NWSBCT Index for Blue Chips: This index focuses on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has shown a robust increase, paralleling the upward trend on the broader market.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains ranging from 3.39% to 4.28% 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 soared 3.65% since the 2 p.m. update and 3.97% over the last 24 hours, highlighting substantial market improvement.
4. Bitcoin and Ether: Bitcoin’s exceptional leap of 4.42% alongside Ether’s significant surge of 2.83% underscores a robust day for the major cryptocurrencies, further bolstering the market’s overall positive trajectory.

 

Degen (DEGEN)

2100NEWS ranking: 3808 Ethereum-based Token, Index member: –

2100NEWS DA Orderbook Quality Evaluation Score: 9.5

Degen started as a reward token for participants in the Farcaster Degen channel. What began as a meme coin now boasts a substantial following of developers, crypto content creators, and enthusiasts who have bought into the coin. During its initial launch, 15% of the total supply was airdropped to active members of the Farcaster’s Degen channel, and there are plans to airdrop 70% of the token’s total supply eventually.

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

• Tellor and Marlin: These cryptocurrencies have grown over the past 24 hours, with Marlin surging by 19.55% since the morning update.

Overview: Over the previous 24 hours, the cryptocurrency market has maintained a relatively steady state, with a few notable exceptions like Marlin. 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. 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 0.80% over the last 24 hours. Bitcoin and Ether Bitcoin has risen by 1.43%; in contrast, Ether has slightly decreased by 0.25% in the previous 24 hours.

 

Marlin (POND)

2100NEWS ranking: 244, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200

2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 11.3, (Average for Mid-caps: 13.5)

Marlin is an open protocol that provides high-performance programmable DeFi and Web 3.0 network infrastructure. The nodes in the Marlin network, called Metanodes, operate the MarlinVM, which provides a virtual router interface for developers to deploy customized overlays and perform edge computations.

 

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

• Tellor and ZetaChain: These cryptocurrencies have grown over the past 24 hours, with ZetaChain soaring 33.86% since midnight.

Overview: Over the previous 24 hours, the cryptocurrency market has consolidated after a rebound, indicating a healthy pause.

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. It has rebounded by 3.03% but only 0.04% since midnight.
3. Bitcoin and Ether Bitcoin’s rise by 3.01% and Ether’s gain of 2.45% further solidify the market’s rebound.

 

ZetaChain (ZETA)

2100NEWS ranking: 186, Mid-cap Non-Ethereum-based Token, Index member: NWST1100, NWSM200, NWSOT50

2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 12.5, (Average for Non-Ethereum-based Tokens: 13.7)

ZetaChain is a novel L1 that has chain-agnostic interoperability built-in (EVM-compatible, Cosmos/IBC, Bitcoin, Dogecoin, Tron, etc.). Developers currently use ZetaChain’s messaging capabilities to send data and native value (without wrapping assets) between any chains.ZetaChain will also support native smart contracts, which let developers build omnichain dApps that orchestrate funds across chains from a single contract.

 

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.