Movers of the Day 22-Aug-2025

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

☀️ 9:00 – Morning Pulse: Market Attempts a Tentative Rebound – Top Movers of the Day

• Bio Protocol and OKB: These cryptocurrencies have been the best performers over the past 24 hours.
• MX Token has delivered the most substantial intraday gain since midnight, surging by 22.41%. 💡MX’s rally stems from artificial scarcity tactics and technical triggers, but thin liquidity questions sustainability. Key watch: Can MX hold $2.41 (50% Fib) for conviction, or will profit-taking erase gains? Monitor MEXC’s Q3 token burn and spot volumes for confirmation.

Overview: Over the last 24 hours, the cryptocurrency market has staged a recovery after a significant sell-off that bottomed out overnight. Buyers have stepped in at the lows, driving a sustained bounce that has continued into the European morning session, though the trading remains volatile.🔍 Market Insight: The rebound looks tentative and selective, confirmed by mixed 2100NEWS index performance since midnight. While a bounce off the lows is constructive, the lack of broad participation signals this could be a short-term relief rally within a broader corrective structure, rather than a durable trend reversal.🧭 Strategic Read: Bulls face a decisive test. For momentum to shift, the market needs to reclaim key resistance levels (notably in Blue Chips at 10.32). Until then, rallies remain vulnerable to renewed selling pressure, with consolidation or retests of recent lows still likely to occur.

1. NWSBCT Index for Blue Chips: This index focuses on the more established cryptocurrencies, commonly referred to as the “Blue Chips.” The weekly chart shows the market is in a corrective phase. On the daily chart, after a steep sell-off, the index found support overnight. A powerful rally has since ensued, pushing the price back up towards the 0.5 Fibonacci resistance at 10.32.📍As of 9:00 CET, the index is trading around 10.29, challenging this key level from below.
2. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported mixed performance, ranging from -0.44% (NWSOT50) to 0.79% (NWSET100) 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 retraced by 0.83% in the previous 24 hours.
4. Bitcoin and Ether: Over the last 24 hours, Bitcoin has retraced by 0.71%, while Ether has outperformed Bitcoin, decreasing by 0.24%.

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. The classification of performance between Bitcoin and Ether (significant, slight, similar) is based on a statistical analysis of their historical volatility. Supplemental notes detail the criteria for highlighting these specific cryptocurrencies and indices.

MX Token (MX)

| | | --- | | 2100NEWS ranking: 193, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSET100 | | 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 11.3, (Average for Ethereum-based Tokens: 14.6) |

MX Token (MX) is the native exchange token of MEXC, offering governance rights, trading fee discounts, and access to launchpad events. Operating with a capped 416M supply, it follows a deflationary model via quarterly burns funded by 40% of exchange profits—2.4M MX were burned in July 2025. With ~93M tokens circulating, MX underpins MEXC’s ecosystem of spot, futures, and staking services, driving user engagement and loyalty.