Movers of the Day 30-May-2025

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

🌙 00:00 CET – Daily Wrap-Up: Market Closes Sharply Lower After Sustained Selling – Top Movers of the Day

• Pocket Network and Livepeer: Since 9 am Pocket Network has surged 24.80%, Livepeer is 13.03% higher.

Overview: The NWSBCT index chart depicts a day of significant and sustained selling pressure. After an initial period of trading at higher levels (carried over from the previous day), the market experienced a sharp drop early in the session. Following a brief and weak recovery attempt, the downtrend resumed, with the index consistently making lower lows throughout the day, and closing near its intraday lows despite a very minor bounce at the very end.

🔍 Market Insight: The market closed the day significantly in the red, with the NWST1100 index plunging -2.88% over the past 24 hours. This sharp decline was mirrored by losses in both Bitcoin (-1.63%) and Ether (-3.06%), with Ether underperforming. The NWSBCT chart illustrates a persistent downtrend after an early high, characterized by failed recovery attempts and new lows being established. However, in the final trading session (19:00-00:00 CET), the 2100NEWS sectoral indices did show positive changes, suggesting a late, albeit modest, bounce in those segments. While this late positive turn in sectoral indices offers a glimmer of hope, the substantial 24–hour losses and the deeply negative NWSBCT chart trend indicate that the market remains under significant selling pressure. This end–of–day bounce could be short–lived if broader conviction doesn‘t return.

Index for Blue Chips: The NWSBCT index began its decline from levels above 8.88 (the previous day’s close). It dropped sharply to a low near 8.62 around 03:00, made a partial recovery to about 8.80 by 09:00, then resumed a consistent decline. It broke below the 8.70 support level and reached new lows near 8.54 around 19:00. A very slight recovery brought it to close near the 8.62 mark.

This closing update covers the day’s final session between 7:00 p.m. and midnight CET. Top Movers include 24h performance, but the primary focus is on the asset with the most significant change since the 7:00 p.m. report. 2100NEWS Indices show changes from 19:00 to 00:00 CET. 2100NEWS Total Index (NWST1100) and Bitcoin & Ether sections always reflect complete 24-hour changes, regardless of report timing. Please note that conditions may have shifted since the time of publication. Supplemental notes detail the criteria for highlighting these specific cryptocurrencies and indices

Pocket Network (POKT)

| | | --- | | 2100NEWS ranking: 683, Microcap Ethereum-based Token, Index member: NWST1100, NWSMi500 | | 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 4.2 (Average for Microcap: 8.1) |

Pocket network is a decentralized Web3 infrastructure middleware protocol. Through tens of thousands of all nodes around the world, RPC relay services are provided for dapps running on the blockchain, such as providing custom RPC endpoints for metamask wallet, or providing real-time data on the chain for contract interaction on DEX, etc. At present, 21 blockchains have been supported, including harmony, Ethereum, fuse, avalanche, Solana, and more.

🌇 19:00 CET – Evening Report: Market Plummets as Selling Pressure Intensifies – Top Movers of the Day

• Phala Network has increased by 8.76% since 2 pm.
• Pocket Network and Livepeer are lower: PKT -9.78%, LPT -1.12% (as of 2 pm).

🔍 Market Insight: The market is in a sharp downturn, with the NWST1100 index plunging -3.83% over 24 hours. This steep decline is mirrored by significant losses in Bitcoin (-2.67%) and Ether (-3.53%), and across all sectors, led by a staggering -9.14% drop in NWSOT50. The relentless selling pressure seen on the NWSBCT chart, breaking multiple support levels, confirms a deeply bearish sentiment. While such drastic moves can sometimes lead to oversold bounces, the current environment suggests extreme caution, as the market remains highly vulnerable to further downside breaks if immediate support doesn’t materialize.

Phala Network (PHA)

| | | --- | | 2100NEWS ranking: 284, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100 | | 2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 13.7 (Average for Mid-caps: 13.2) |

Phala Network tackles the issue of trust in the computation cloud. By organizing a decentralized network of computation nodes around the world, it offers high-performance services without relying on any cloud vendor. Phala workers run the programs in Secure Enclaves, a privacy technology already embedded into modern processors, enabling versatile and confidential execution. Together, this creates the infrastructure for a powerful, secure, and scalable trustless computing cloud.

🕑 14:00 CET – Midday Report: Market Continues Sharp Sell–Off – Top Movers of the Day

• Pocket Network and Livepeer: Since 9 am Pocket Network has soared 49.96%, Livepeer has surged 47.63%.
• Horizen is 19.43% higher.

🔍 Market Insight: The market is experiencing a significant sell–off, with broad declines across all sectors. The overall NWST1100 index is down a steep -3.42% in the last 24 hours. Major cryptocurrencies Bitcoin (-2.56%) and Ether (-3.38%) are also down considerably. The sharp, persistent drop visible on the NWSBCT chart, combined with negative index data, points to overwhelming selling pressure. While this sharp move might attract some bottom–fishers, the current momentum suggests the market remains extremely vulnerable to further downside breaks if key support levels do not hold. Historical patterns warn that such intense selling phases often precede further volatility, even if a temporary bounce occurs.

Pocket Network (POKT)

09:00 CET – Morning Pulse: Market Attempts to Stabilize After Sharp Overnight Decline – Top Movers of the Day

• Livepeer and Safe: Since midnight Livepeer has surged 33.13%, Safe is 13.31% higher.
• Vana has increased by 0.17% (as of yesterday EOD).

🔍 Market Insight: The market has experienced a significant downturn, with the NWST1100 index sharply lower by -3.28% over the past 24 hours. Both Bitcoin (-1.94%) and Ether (-4.08%) have seen substantial declines, with Ether underperforming. The selling pressure is broad, as evidenced by all 2100NEWS sectors trading in the red since midnight, led by NWSOT50 (-5.87%). Despite the overall weakness, LPT stands out with a strong gain. The sharp drop visible on the NWSBCT chart indicates a significant shift in sentiment. While this may signal a period of consolidation at lower levels, the lack of a strong rebound warns that the market remains vulnerable to further downside pressure, and historical patterns suggest such sharp declines can lead to extended periods of volatility or further sell–offs before a true bottom is found.

Livepeer (LPT)

| | | --- | | 2100NEWS ranking: 178, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSET100, NWSDM100 | | 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 12.8 (Average for Ethereum-based Tokens: 15.1) |

Livepeer is an open source live video platform service based on Ethereum blockchain. Livepeer token (LPT) is the protocol token of livepeer network. Token holders can bind tokens to transcoders to perform work on your behalf and earn new tokens and benefits every day.