Movers of the Day 10-Jun-2025

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

☀️ 9:00 – Morning Pulse: Market Rallies After Finding Support, Tests Resistance – Top Movers of the Day

• Axelar and AIOZ Network: These cryptocurrencies have been the best performers over the past 24 hours, with Axelar delivering the most substantial intraday gain since midnight, leaping by 50.80%.

Overview: Over the last 24 hours, the crypto market staged a strong rally overnight after a decline that found support yesterday. Prices surged significantly from the lows, breaking through initial resistance levels and are now consolidating near a key Fibonacci retracement level, testing further upside. 🔍 Market Insight: Positive sentiment has returned this morning. The broader market index (NWST1100), Bitcoin, and Ether are all substantially up over the past 24 hours, reflecting the strength of the rebound. Ether has dramatically outperformed Bitcoin in this rally.

1. NWSBCT Index for Blue Chips: This index focuses on the more established cryptocurrencies, commonly called the “Blue Chips”. The NWSBCT chart shows a strong recovery from lows near 8.48 yesterday. The index rallied sharply overnight, decisively breaking above the 8.55 (0.382 Fibonacci) and 8.71 (0.5 Fibonacci) levels.📍As of 9:00 CET, trades around 8.87-8.88, consolidating near the 0.618 Fibonacci retracement level at 8.87 after the strong upward move.
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 recovered by 4.18% in the previous 24 hours.
3. Bitcoin and Ether: Over the last 24 hours, Bitcoin has soared 3.65%, while Ether has significantly outperformed Bitcoin, leaping 7.35%.

This update covers market activity over the past 24 hours, ending at 9:00 a.m. CET. Top Movers include 24h performance, but the primary focus is on the asset with the most significant change since midnight. 2100NEWS Indices show changes from 00:00 to 9:00 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.

Axelar (AXL)

| | | --- | | 2100NEWS ranking: 134, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100, NWSDM100 | | 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 13 (Average for Tokens: 16.2) |

Axelar claims to deliver “secure cross-chain communication for Web3.” The project provides a decentralized network and tools to help builders of decentralized applications (dApps) with seamless cross-chain communication through its protocol suite, tools, and APIs. Axelar features three core components – a decentralized network, a software development kit of protocols and APIs, and a set of gateway smart contracts for cross-chain connectivity. Powered by a decentralized network of validators, anyone can join the network, build on it, or use it. App builders can interact with a simple API atop a permissionless network that routes messages and ensures network security via a proof-of-stake (PoS) consensus mechanism. AXL is the native token of the Axelar network. The protocol also supports the cross-chain transfer of several native tokens via their wrapped ERC-20 versions, including AVAX (Avalanche), ETH (Ethereum), FTM (Fantom), GLMR (Moonbeam), and MATIC.