Movers of the Day 5-Feb-2025

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

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

• Ultima and Vine**:** These cryptocurrencies have grown remarkably over the past 24 hours, with Vine surging by 11.05% since midnight.

Overview: Over the last 24 hours, extremely high volatility has characterized the crypto market. Despite notable attempts to recover, the market struggled to maintain gains. The sharp evening decline highlights the challenges of sustaining upward momentum, while the overnight stabilization suggests a potential pause in selling pressure.

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. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported recoveries ranging from 0.60% to 1.68% 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 increased by 0.65% in the previous 24 hours.
4. Bitcoin and Ether: Over the previous 24 hours, Bitcoin has decreased by 0.63%; in contrast, Ether has recovered by 2.33%.

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.

Vine Coin (VINE)

VINE is a newly launched meme coin inspired by the nostalgic appeal and cultural significance of Vine, the once-popular short video-sharing platform. Announced on January 18, 2025, shortly after Elon Musk expressed interest in reviving Vine, VINE was introduced by @rus, Vine’s CEO, as a digital tribute to the platform’s legacy. Vine, operated from 2012 to 2017, revolutionized short-form content creation, fostering creativity and humor through its unique 6-second looping videos. Despite its closure, Vine’s impact remains significant, having launched the careers of many prominent creators. VINE aims to capture this creativity and nostalgia, blending the community spirit of Vine with the dynamic world of cryptocurrency. This meme coin represents more than just a digital asset—it celebrates cultural memory and innovation in blockchain technology.