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Crypto Market Today 22 June 2024

Fajar Kurniawan
Updated

Bittime - Data based on crypto asset market prices on Bittime.com on June 20, 2024, 12.00 WIB

Today's Bitcoin price fell 0.52 percent over the last 24 hours making it trade at the level of IDR 1,059 T.

The majority of the crypto market today is moving into the Red zone. ETH was observed to have decreased by 0.36 percent over the last 24 hours, bringing its price to IDR 57,704 million. 

The next crypto, SOL rose 1.60 percent throughout the day so that the price was at the level of IDR 2,226 million. Meanwhile BNB, down 0.45 percent, traded at IDR 9,632 million.

Overall, today's Crypto Fear and Greed Index based on the Alternative.me page shows 53. This is a sign that the market is still in a neutral phase with the current economic conditions and crypto industry. 

Source: Cryptorank

Cuan coins that experienced the best performance and significant price increases on Bittime:

  1. BAKE up 16.00%
  2. PONKE rose 13.34%
  3. AR rose 09.88%
  4. ARKM rose 07.42%
  5. TRB up 06.70%

 

The following is a detailed explanation of each cuan coin today. 

1. BakeryToken (BAKE)

  • Increase percentage: 16.00%
  • Sectors: Collectibles & NFTs, DeFi,Gaming, 
  • Market Capitalization: IDR 1.8 T
  • Market : BAKE/IDR

BakeryToken (BAKE) is one of the cryptocurrencies operating on the Binance Smart Chain (BSC) network, which is specifically designed to support the BakerySwap platform. BakerySwap is a decentralized exchange (DEX) that provides services such as token exchange, staking, and yield farming. 

BAKE functions as a utility token used to incentivize users within the BakerySwap ecosystem, including rewarding liquidity providers and enabling participation in the platform's governance processes. 

With lower transaction fees and faster transaction speeds thanks to BSC, BAKE has attracted attention in the DeFi (Decentralized Finance) space.

Source: Bittime.com

Check today's BAKE/IDR price chart and the entire crypto market in real-time on Bittime.

2. Ponke (PONKE)

  • Increase percentage: 13.34%
  • Sectors: Memes, Solana Ecosystem, 
  • Market Capitalization: R2.18 T
  • Market : PONKE/IDR

Ponke (PONKE) is a cryptocurrency focused on innovation in the digital financial sector, offering blockchain-based solutions for various financial applications. PONKE aims to provide safe, fast and low-cost transactions, while supporting the decentralized finance (DeFi) ecosystem. 

By leveraging smart contract technology, PONKE allows users to participate in staking, yield farming, and various other financial services. The token also has a governance mechanism that allows token holders to participate in important decisions regarding the development and future direction of the project. Through this approach, PONKE hopes to expand access to more inclusive and transparent financial services.

Source: Bittime.com

Check today's PONKE/IDR price chart and the crypto market as a whole in real-time on Bittime.

3. Arweave (AR)

  • Increase percentage: 09.88%
  • Sectors: Distributed Computing, Filesharing, Storage,
  • Market Capitalization: IDR 30.2 T
  • Market: AR/IDR

Arweave (AR) is a cryptocurrency that supports a blockchain-based permanent data storage platform. Arweave aims to provide a secure, decentralized and efficient storage solution, allowing data to be stored permanently at a relatively low one-time cost. 

Arweave's core technology is "blockweave," a variant of traditional blockchain that allows long-term data storage and incentives for users who provide storage space. 

By using AR as a utility token, users can pay to store their data on the network, while storage providers earn AR rewards as an incentive. This approach creates a sustainable and reliable ecosystem for digital data storage, making Arweave an innovative solution in the field of decentralized data storage.

Source: Bittime.com

Check today's  AR/IDR price chart and the crypto market as a whole in real-time on Bittime.

4. Arkham (ARKM)

  • Percentage increase: 07.42%
  • Sector: Marketplace, AI & Big Data, Research,
  • Market Capitalization: IDR 6.45 T
  • Market: ARKM/IDR

Arkham (ARKM) is a cryptocurrency that supports a blockchain intelligence platform focused on analyzing and monitoring on-chain activity. By leveraging advanced technology and data analytics, Arkham aims to provide deep insights into blockchain transactions, assisting users in tracking fund flows and identifying suspicious activity. 

ARKM serves as a utility token within the Arkham ecosystem, used to access the various analytical services and investigative tools the platform offers. By emphasizing transparency and security, Arkham aims to be an essential tool for individuals, companies, and law enforcement in understanding and managing the risks associated with the world of cryptocurrency.

Source: Bittime.com

Check today's  ARKM/IDR price chart and the crypto market as a whole in real-time on Bittime.

5. Tellor (TRB)

  • Increase percentage: 06.70%
  • Sectors: Mineable, DeFi, Oracles, 
  • Market Capitalization: IDR 4.39 T
  • Market: TRB/IDR

Tellor (TRB) is a cryptocurrency that functions as a utility token in a decentralized oracle network aimed at providing reliable off-chain data for smart contract applications on the blockchain. 

Tellor enables smart contracts to access real-world data securely and without intermediaries, through a process where miners compete to add data points to the system by sending values ​​validated by the network. 

TRB holders can participate in network governance, voting on protocol updates and changes. By offering a transparent and censorship-resistant solution, Tellor facilitates a wide range of applications in the DeFi ecosystem, including prediction markets, decentralized lending, and various other financial services that require accurate and timely data.

Source: Bittime.com

Check today's TRB/IDR price chart and the overall crypto market in real-time on Bittime. 

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DISCLAIMER : This article is informational in nature and is not advice, recommendation, offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time. Bittime is not responsible for changes in exchange rates or crypto asset prices.

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