Movers of the Day 19-Dec-2024

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

Top Movers of the Day:

• UXLINK and Usual: These cryptocurrencies have grown remarkably over the past day, with Usual rising by 16.19% since 7 p.m.

Overview: The crypto market exhibited a day marked by early decline, midday volatility, and a late drop; after reaching the low, there was a weak recovery, but the rebound lacked momentum, indicating cautious sentiment among buyers.

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 bullish sentiment. 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 plummeted 4.59% over the last 24 hours. Bitcoin and Ether: Over the past day, Bitcoin plummeted  3.02%, while Ether showed a more significant 6.26% plunge.

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.

 

Usual (USUAL)

2100NEWS ranking: 454, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300

2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 12.8, (Average for Small caps: 10.3)

Usual is a decentralized protocol for issuing fiat-backed stablecoins designed to redistribute ownership and governance through its native token, $USUAL. The protocol operates with a tri-token structure: USD0, a fully collateralized stablecoin backed by short-term, liquid, and risk-free assets; USD0++, a liquid staking token that distributes rewards in $USUAL; and $USUAL, a governance token intrinsically tied to the protocol’s revenue model. This design ensures transparency, risk mitigation, and sustainable growth within the DeFi ecosystem. $USUAL empowers users with ownership and governance rights over the protocol’s infrastructure and treasury, aligning incentives for contributors and promoting the adoption of USD0. The innovative distribution model of $USUAL fuels protocol growth and supports decentralized decision-making. Usual provides a secure and composable stablecoin solution by minimizing exposure to bank and counterparty risks. The protocol’s focus on community-driven governance, intrinsic token value, and risk-free collateralization positions Usual as a pioneering platform for sustainable decentralized finance.

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

• Movement and UXLINK: These cryptocurrencies have grown remarkably over the past 24 hours.
• MANTRA has increased by 1.22% since 2 p.m.

Overview: The crypto market experienced two sharp drops, a partial recovery, and a period of sideways movement, ending with a significant decline and has reflected continued volatility and downside risk, indicating that market participants remain hesitant to drive a sustained recovery.

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.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -3.66% to -7.37% 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 plummeted 8.40% over the last 24 hours, reflecting sharp declines across the entire market.
4. Bitcoin and Ether: Bitcoin has plummeted 6.11%, while Ether has shown a more pronounced plunge of 10.48% in the previous 24 hours.

MANTRA (OM)

MANTRA DAO is a community-governed DeFi platform focusing on Staking, Lending, and Governance. MANTRA DAO leverages the wisdom of the crowd to create a community-governed, transparent, and decentralized ecosystem for Webb 3.0. Built on the Parity Substrate for the Polkadot ecosystem, MANTRA DAO gives financial control back to the people to store and grow wealth together.

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

• UXLINK and Usual: These cryptocurrencies have grown remarkably over the past 24 hours, with Usual rising by 10.21% since the morning update.

Overview: Over the last 24 hours, the crypto market has continued to face bearish pressure and cautious sentiment, with two sharp declines shaping the overall trend. Although there have been modest recovery attempts, buyers have been unable to sustain a strong rebound.

 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. 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 plummeted 4.00% over the last 24 hours. Bitcoin and Ether: Bitcoin has dropped by 2.75%, while Ether has plummeted by 4.69% over the previous 24 hours.

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

• Fartcoin and UXLINK: These cryptocurrencies have grown remarkably over the past 24 hours, with UXLINK soaring 30.15% since midnight.

Overview: The crypto market has remained in a corrective phase, with volatility and cautious sentiment prevailing, marked by a sharp drop around 8 p.m. yesterday, followed by erratic downward movement, reflecting uncertainty and increased selling pressure, hitting a low in the early morning hours. Signs of recovery emerged later in the morning, but the rebound lacked strong momentum, indicating cautious sentiment.

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 overall market trend.
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 plummeted 3.58% in the previous 24 hours.
3. Bitcoin and Ether: Bitcoin has retraced by 2.52%, while Ether has plummeted by 4.10% over the previous 24 hours.

UXLINK (UXLINK)