COIN50 Daily Summary

    COIN50 Index reports -1.39% daily return, reflecting declines across multiple categories. Payments showed relatively less decline at -1.49%.The index exhibited a -8.71% return over a 30-day period and a -33.8% over 90 days, showcasing downward momentum. Token SKU led positive contributors with a daily return of 2.52%. Token FET experienced the largest decline at -7.10%. Other notable movements include QNT and MANTLE with measured positive contributions, while ETH and DOGE fell by over -2%.

    Key highlights:

    1. Top Performer: SKY posted a 2.52% daily return, retaining its leading position in the index rankings.
    2. Largest Decline: FET recorded a -7.10% daily return, ranking last among the 50 tokens.
    3. Noteworthy Movements: ETH and DOGE declined over -2%, reflecting broader negative trends across smart contract platforms and meme coins.

Top 5 Tokens by Daily Return
Name Category Return
SKY Governance Token Meme Coins 2.52%
Quant Infrastructure Application 1.67%
Mantle Smart Contract Platforms 0.58%
Bitcoin Cash Payments -0.12%
Bitcoin Store Of Value -0.85%
Bottom 5 Tokens by Daily Return
Name Category Return
Aerodrome Finance Decentralized Finance -4.11%
Lido DAO Decentralized Finance -4.25%
Curve DAO Token Decentralized Finance -4.41%
Render Network Infrastructure Application -5.32%
Artificial Superintelligence Alliance Infrastructure Application -7.10%