Crypto Market Today June 24, 2024

Bittime - Data based on crypto asset market prices on Bittime.com on June 24, 2024, 12.00 WIB

Bitcoin Price Today fell 3.20 percent over the last 24 hours making it trade at 62,317 US dollars.

The majority of the crypto market today is moving into the red zone. ETH was observed to have fallen by 3.97 percent over the last 24 hours, and the price was at the level of 3,368 US dollars. 

The next crypto, SOL fell 7.24 percent during the day so that the price was at the level of 124.66 US dollars. Meanwhile BNB, down 3.83 percent, traded at 568.29 US dollars.

Overall, today's Crypto Fear and Greed Index based on the Alternative.me page shows the number 49. This is a sign that the market is 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. GTAI rose 3.86%
2. GMX rose 1.29%
3. DEFI up 0.14%
4. USDT down 0.31%
5. USDC down 0.30%

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

1. GT Protocol (GTAI)

• Increase percentage: 3.86%
• Sector: AI & Big Data, Web3
• Market Capitalization: IDR 115,984 B
• Market: GTAI/IDR

GT Protocol (GTAI) is a crypto project that provides a decentralized platform for asset management and automated trading using blockchain technology. The platform allows users to easily manage their digital asset portfolios, as well as create and participate in automated trading strategies.

GTAI tokens are used to access premium features, pay transaction fees, and participate in platform governance. The project aims to increase efficiency and transparency in digital asset management, providing sophisticated and user-friendly tools for investors and traders.

Source: Bittime.com

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

2. GMX (GMX)

• Increase percentage: 1.29%
• Sectors: DEX Tokens, Derivatives
• Market Capitalization: IDR 4,380 T
• Market: GMX/IDR

GMX (GMX) is a decentralized derivatives trading platform that allows users to trade with leverage directly from their wallets. Using the Automated Market Maker (AMM) model, GMX provides deep liquidity and high trading efficiency.

GMX tokens are used for staking, incentivizing liquidity providers, and participation in platform governance. The project aims to offer safe, transparent and efficient trading solutions in the DeFi ecosystem.

Source: Bittime.com

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

3. DeFi (DEFI)

• Percentage increase: 0.14%
• Sectors: Platforms, DeFi, DApp
• Market Capitalization: IDR 20,619 B
• Market: DEFI/IDR

DeFi (DEFI) is a crypto project that aims to create a decentralized financial ecosystem that functions without traditional intermediaries such as banks. By using smart contracts on the blockchain, DeFi allows users to carry out various financial activities, such as lending, trading, and staking, with greater transparency and efficiency.

DEFI tokens are used in this ecosystem for various functions, including payment of transaction fees and participation in platform governance. The project aims to make financial services more open, accessible and decentralized, giving users full control over their assets.

Source: Bittime.com

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

4. Tether USDT (USDT)

• Percentage increase: decrease 0.31%
• Sectors: Stablecoins, USD Stablecoins
• Market Capitalization: IDR 1,851 T
• Market: USDT/IDR

Tether (USDT) is a stablecoin designed to maintain a stable value by being pegged 1:1 to the US dollar. As one of the most popular stablecoins, USDT is used to facilitate crypto trading, allowing users to store value without the volatility associated with other crypto assets.

USDT is managed by Tether Limited, which claims that each token is backed by an asset reserve equal to the number of tokens in circulation. The project aims to provide stable and reliable liquidity in the crypto ecosystem, enabling fast transactions and low fees across various platforms and exchanges.

Source: Bittime.com

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

5. USD Coin (USDC)

• Percentage increase: decrease 0.30%
• Sectors: Stablecoins, USD Stablecoins
• Market Capitalization: IDR 535,926 B
• Market: USDC/IDR

USD Coin (USDC) is a stablecoin pegged 1:1 to the US dollar, designed to provide stable value in the crypto ecosystem. USDC is managed by the Center consortium, founded by Circle and Coinbase, with each token fully backed by regularly verified US dollar reserves.

These tokens are used to facilitate fast, low-cost transactions across multiple platforms, as well as to store value without risk of volatility. The project aims to provide stability and transparency in crypto transactions, supporting various decentralized finance (DeFi) applications and digital trading.

Source: Bittime.com

Check today's  USDC/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 does not constitute advice, recommendation, offer or solicitation 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.