Data based on crypto asset market prices on Bittime.com on December 7 2023, 12.00 WIB
Bitcoin Price Today moved a slight 0.04 percent in the last 24 hours but is up 16 percent in the week. At the time of writing, Bitcoin was trading at 43,706 US dollars.
The next crypto asset, ETH fell 0.30 percent in the last 24 hours so that its price was at the level of 2,251 US dollars. BNB also moved down 0.63 percent during the day to 231.64 US dollars. A decline also occurred in SOL. Over the last 24 hours, its value fell slightly by 0.56 percent to 63.2 US dollars.
Meanwhile ADA strengthened into the green zone. ADA's value rose 4.49 percent over the last 24 hours, making it trade at 0.443 US dollars. Another crypto that is rising is AVAX. This crypto asset rose 2.62 percent throughout the day, to 26.3 US dollars.
Overall, the Fear and Greed Index on the Coinmarketcap.com page shows 81. 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. Amps (AMP)
- Increase percentage: 31.7%
- Sector: DeFi, Payment
- Market Capitalization: IDR 2.31 T
- Market : AMP/IDR
Amp (AMP) is a decentralized financial protocol that leverages blockchain technology to create an inclusive and efficient financial environment. With a focus on developing decentralized financial infrastructure, Amp delivers innovative solutions to overcome challenges in payment and collateral systems.
One of the key features of Amp is its ability to provide instant guarantees in transactions. Through the Collateral Manager concept, Amp enables digital assets to be collateralized in real-time to support transactions, enabling fast and secure value transfer without the need to wait for long-term confirmation.
In terms of completing transactions and fulfilling guarantees, Amp uses its own token asset, namely AMP tokens. AMP serves as a payment and collateral tool in the Amp ecosystem, ensuring reliability and speed in transaction management.
Check today's AMP/IDR price chart and the crypto market as a whole in real-time on Bittime.
Source: Bittime.com
2. Venus (XVS)
- Increase percentage:15.74%
- Sector: DeFi
- Market Capitalization: IDR 1.6 T
- Market : XVS/IDR
Venus (XVS) is a decentralized finance protocol that runs on top of the Binance Smart Chain (BSC) blockchain network. Launched in 2020, Venus allows users to provide liquidity to their crypto assets and earn rewards in the form of interest and governance tokens.
This protocol offers convenience in the process of lending and borrowing crypto assets into the decentralized financial (DeFi) ecosystem. This allows users to directly borrow against collateral quickly and with lower transaction costs. Additionally, Venus allows users to generate VAI stablecoins instantly by entering at least 200% collateral into Venus smart contracts.
Check today's XVS/IDR price chart and the crypto market as a whole in real-time on Bittime.
Source: Bittime.com
3. Ethereum Classic (ETC)
- Increase percentage: 9.53%
- Sector: Platforms, smart contracts
- Market Capitalization: IDR 47.3 T
- Market: ETC/IDR
Ethereum Classic (ETC) is one of the crypto assets that emerged as a result of a hard fork on the Ethereum network in 2016. This fork occurred after an attack on the DAO (Decentralized Autonomous Organization) and sparked community division regarding the steps that should be taken. Most Ethereum users agreed to roll back affected transactions, while others chose to maintain the integrity of the original code. The latter forms Ethereum Classic, with the basic principle of preserving its immutability.
Since then, Ethereum Classic has developed as a decentralized blockchain that supports smart contract execution. ETC allows developers to create and run decentralized applications (dApps) and smart contracts , similar to Ethereum.
The way Ethereum Classic works is similar to Ethereum. This platform utilizes blockchain technology to store data safely and transparently. Smart contracts, which are computer programs that execute agreements automatically without the need for intermediaries, are the main focus of Ethereum Classic. Users can use ETC to pay transaction fees and gain access to various applications built on this blockchain.
Ethereum Classic's advantage lies in its commitment to the principle of immutability, ensuring the security and reliability of its network. While not as popular as Ethereum, Ethereum Classic remains a choice for those who appreciate its immutability and are looking for a decentralized solution for smart contracts and blockchain applications.
Check today's ETC/IDR price chart and the crypto market as a whole in real-time on Bittime.
Source: Bittime.com
4. Tranchess (CHESS)
- Increase percentage: 8.55%
- Sectors: DeFi, derivatives
- Market Capitalization: IDR 425 B
- Market: CHESS/IDR
Tranchess is a platform that provides decentralized financial products, specifically focusing on synthetic assets and automated trading. This project relies on smart contracts which make it transparent and automated throughout the process.
This protocol allows users to increase income while tracking BTC, earn additional profits by lending their tokens, or enjoy leverage without forced liquidation. Users also earn a share of the platform's revenue as part of their staking profits. The Tranchess ecosystem enables profits from two perspectives, namely NAV (Net Asset Value) and yield .
Check today's CHESS/IDR price chart and the crypto market as a whole in real-time on Bittime.
Source: Bittime.com
5. Holo (HOT)
- Increase percentage: 7.40%
- Sector: Distributed computing, stroge
- Market Capitalization: IDR 5.24 T
- Market: HOT/IDR
Holo (HOT) is a platform that aims to revolutionize internet hosting with a decentralized approach. By leveraging blockchain and Holochain technology, Holo allows users to participate in a peer-to-peer network, provide hosting services, and receive rewards in the form of HOT tokens.
The platform pursues the vision of creating a decentralized hosting ecosystem, enabling innovation in decentralized application development and providing incentives to users to contribute to the security and sustainability of the network.
HOT tokens are used as a means of payment in the Holo ecosystem, enabling transactions for hosting services and providing added value to participants. Holo brings a decentralized hosting concept that could change the internet hosting paradigm, giving individuals the power to contribute to the network infrastructure and earn rewards in line with their active participation in the ecosystem.
Check today's HOT/IDR price chart and the crypto market as a whole in real-time on Bittime.
Source: Bittime.com
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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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