Movers of the Day 7-Feb-2025

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

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

• XYO and STP Network**:** These cryptocurrencies have grown remarkably over the past 24 hours, with STP Network rising by 13.81% since midnight.

Overview: Over the last 24 hours, the crypto market has faced sustained downward pressure. A sharp downturn yesterday afternoon was followed by volatile stabilization attempts, highlighting a fragile market environment. The inability to regain earlier levels suggests continued uncertainty and 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 significantly retraced by 2.71% in the previous 24 hours.
3. Bitcoin and Ether: Over the previous 24 hours, Bitcoin has retraced by 1.47%, while Ether has experienced a sharper retrace, plunging by 4.18%. This reflects underperformance relative to Bitcoin.

Supplemental notes detail the criteria for highlighting these specific cryptocurrencies and indices. The provided data offers a snapshot of the last 24 hours until nine a.m. Therefore, it may not accurately represent the current market conditions at the time of your inquiry.

STP (STPT)

| | | --- | | 2100NEWS ranking: 261, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200 | | 2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 15.6, (Average for Mid-caps: 13.2) |

The STP (Standard Tokenization Protocol) Network aims to build a decentralized network to facilitate the discovery and usage of digital assets across global communities. The STP Standard defines how ownership of tokenized assets is generated, issued, sent, and received while complying with all necessary regulations. The project has raised $7.75MM via private and public token sales and was founded by Mike Chen, Sinhae Lee, and Richard Lee.