Movers of the Day 31-Jan-2025

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

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

• JasmyCoin and VeThor Token**:** These cryptocurrencies have grown remarkably over the past 24 hours, with VeThor Token surging by 19.52% since midnight.

Overview: Over the last 24 hours, the crypto market displayed a volatile session, starting with strong gains but losing momentum overnight. The consolidation and failed recovery suggest the market is in a neutral-to-bearish phase,

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 losses ranging from -0.35% to -1.43% 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 negligibly increased by 0.04% in the previous 24 hours.
4. Bitcoin and Ether: Over the previous 24 hours, Bitcoin has retraced by 0.80%; in contrast, Ether has recovered by 1.84%.

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.

VeThor Token (VTHO)

VeThor is the secondary token of the VeChainThor ecosystem and functions as the gas for transactions. While the VeChain token (VET) serves as a value-transfer medium on the VeChainThor blockchain, VTHO represents the underlying cost of using the VeChainThor blockchain and is consumed after certain blockchain operations are performed (i.e., gas payments).