Crypto Market Today 4 December 2023

Data based on crypto asset market prices on Bittime.com on December 4 2023, 12.00 WIB

Today's Bitcoin price rose 5.19 percent in the last 24 hours and rose 9.4 percent in the week. At the time of writing, Bitcoin was trading at 41,455 US dollars. 

The majority of today's crypto markets move into the green zone. ETH rose 4.44 percent over the last 24 hours, trading at 2,253 US dollars. The next crypto, BNB, rose 2.41 percent in the last 24 hours. This brought the price of BNB to the level of 233.21 US dollars. XRP also rose around 1.98 percent in the last 24 hours, moving to the level of 0.635 US dollars.  

ADA and SOL also strengthened in the last 24 hours, rising 3.51 percent and 1.21 percent, respectively, making them trade at 0.49 US dollars and 63.70 US dollars. 

Overall, the Fear and Greed Index on the Coinmarketcap.com page shows 75. This is a sign that the market is still in the greed phase or is optimistic about the current economic conditions and crypto industry.

Source: Cryptorank

Below are some of the crypto assets that experienced the best performance and significant price increases on Bittime:

1. ORDI (ORDI)

• Increase percentage: 32.4%
• Sector: BRC-20
• Market Capitalization: IDR 13.8 T
• Market: ORDI/IDR

ORDI is a BRC-20 standard token built on the Bitcoin network. The creator of this token is known to have the Twitter username @domodata. As the creator, DOMO explained that the BRC-20 token, like ORDI, does not have a specific function and use. 

In general, ORDI is categorized as a memecoin, like DOGE, PEPE, and others, whose value tends to increase due to social activity trends. However, just like crypto tokens in general, it is not yet certain whether the value of ORDI will experience a significant increase or experience a further decline.

However, one thing that is certain is that there is significant innovation in the Bitcoin blockchain ecosystem. BRC-20 tokens are now traded on Ethereum NFT platforms such as OpenSea. New Bitcoin City, as an L2 Bitcoin project, brings the concepts of SocialFi, GameFi, DeFi and NFT in one platform. 

Thus, this development shows that the Bitcoin blockchain world is not only focused on token value alone, but also combines various applications and innovative concepts to create a broader and more diverse ecosystem. This provides an opportunity for investors and users to better understand the potential for future blockchain development.

Read more complete information about what ORDI is here. 

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

Source: Bittime.com

2. SuperVerse (SUPER) 

• Increase percentage: 30%
• Sector: NFT, launchpad
• Market Capitalization: IDR 4.02 T
• Market: SUPER/IDR

SuperVerse is a decentralized ecosystem that combines multiple products in one governance token, SUPER. With years of experience developing high-quality games in Unreal Engine, SuperVerse offers users high-quality in-game utilities and a global community. This is a form of SuperVerse's commitment to shaping the future of the crypto industry by providing a series of advanced features for users. 

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

Source: Bittime.com

3. Terra Classic (LUNA)

• Percentage increase: 23.6%
• Sector: Payment, DeFi
• Market Capitalization: IDR 23.4 T
• Market: LUNA/IDR

Luna is a token associated with the Terra blockchain network, which uses fiat-linked stablecoins to power a price-stable global payments system. 

According to its whitepaper , Terra combines price stability and widespread adoption of fiat currencies with censorship resistance like Bitcoin (BTC) and offers fast and affordable settlements. Terra development began in January 2018, and its mainnet officially launched in April 2019. 

As of September 2021, Terra offers stablecoins linked to the US dollar, South Korean won, Mongolian tugrik, and the International Monetary Fund's Special Drawing Rights currency basket — and intends to introduce additional options. On May 28, 2022, the genesis block of the new chain was launched to carry out future transactions under the name Terra (LUNA), and the original Terra chain was renamed to Terra Classic. 

The original token — LUNA was also renamed to LUNA Classic (LUNC). Additionally, all network stablecoins (UST, KRT, EUT) were renamed to Terra Classic stablecoins (USTC, KRTC, EUTC). There will be no Terra stablecoin on the new chain. 

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

 Source: Bittime.com

4. Badger DAO (BADGER)

• Increase percentage: 23%
• Sectors: DeFi, DAO
• Market Capitalization: IDR 1.43T
• Market : BADGER/IDR

Badger DAO represents a decentralized, open source autonomous organization committed to developing products and infrastructure that simplify the use of Bitcoin (BTC) as collateral across various smart contract platforms. The platform functions as a collaborative space where developers, known as Badge Builders, have the ability to work together and integrate Bitcoin as collateral into various blockchains.

Developers have the opportunity to earn a percentage of fees and BADGER tokens from the developer mining pool for each implementation. Mainnet officially launched on December 3, 2020. A builder can be an individual developer, a group of developers, or even a company. 

There are no fixed obligations attached to the terms of participation, allowing anyone to contribute. The basic principles of Badger DAO include Badger Builders, community-built products, a Dedicated Badger Operations team, fair initial distribution of BADGER tokens for governance, and the open source nature of the entire code.

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

 Source: Bittime.com

5. Pendle (PENDLE)

• Increase percentage: 21.5%
• Sector: DeFi
• Market Capitalization: IDR 4.6 T
• Market: PENDLE/IDR

Pendle (PENDLE) is a decentralized finance protocol that allows users to optimize the time value of ERC-20 tokens. With Pendle, users can lock ERC-20 tokens to earn PENDLE tokens and earn potential returns that change over time. This provides a way to generate passive income from owning assets without needing to sell them. 

This protocol offers users flexibility in managing portfolios and making smarter investment decisions. Pendle uses automation to ensure the time value of ERC-20 tokens is always optimized, creating the potential for better returns. Security and decentralization are Pendle's main focuses, leveraging blockchain technology to provide high transparency and security. 

Token holders also have the opportunity to participate in decision-making through decentralized governance mechanisms. Thus, Pendle makes an important contribution to increasing efficiency and flexibility in the world of decentralized finance.

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

Source: Bittime.com

Learn More With Bittime:

• Collection of educational articles about blockchain, web3 and crypto HERE
• Do you have questions about Bittime? Find out HERE

Take the first step on your crypto journey with Bittime and download the Bittime application here:

• Register a Bittime account: Download here
• iOS Users : Download here
• Android users: Download here

Find Bittime here:

• Instagram: @bittimeofficial
• Twitter: @BittimeID
• Telegram: @BittimeOfficial

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.