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Crypto Market Today 12 December 2023

Risky Candra
Updated

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Data based on crypto asset market prices on Bittime.com on December 12 2023, 12.00 WIB

Today's Bitcoin price is still moving into the red zone, down 1.37 percent in the last 24 hours and trading at 41,724 US dollars. 

ETH is also still stuck in the red zone, down 0.77 percent in the last 24 hours so that its price is at the level of 2,234 US dollars. The next cryptocurrency, XRP, fell 1.13 percent in a day, making it trade at 0.628 US dollars. Then the popular meme token, DOGE , fell 5.09 percent in the last 24 hours. Currently DOGE is at the level of 0.0962 US dollars. 

The crypto asset that is moving up is BNB. BNB was in the green zone with an increase of 8.09 percent during the day to 254.31 US dollars. AVAX also moved into the green zone, rising 15.62 percent to around 41.96 US dollars. 

Overall, today's Crypto Fear and Greed Index based on the Coinmarketcap.com page shows 74. This is a sign that the market is still in the greed or optimistic phase regarding 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. Vethor Token (VTHO)

  • Increase percentage: 74.53%
  • Sector: Smart contracts, logistics, IoT
  • Market Capitalization: IDR 3.17 T
  • Market : VTHO/IDR

VeThor Token (VTHO) is a utility token operating on the VeChainThor blockchain. VeChainThor is a blockchain designed for use in supply chain management and other business applications. VeThor Token (VTHO) is a token used to pay transaction fees and services within the VeChainThor ecosystem.

VeChainThor has two main types of tokens: VET (VeChain Token) and VTHO (VeThor Token). VET is the main token used to transfer value within the network, while VTHO is used as gas to pay transaction and service fees. Every VET holder who participates in the network and holds their tokens in a wallet that supports VeThor generation will automatically receive VeThor Token credits in return.

VTHO has a crucial role in keeping the VeChainThor ecosystem running, as it is used to process transactions and provide incentives to VET holders. 

 

Source: Bittime.com

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

2. Neutrons (NTRN) 

  • Increase percentage: 29.64%
  • Sector: DeFi, smart contracts
  • Market Capitalization: IDR 4.1 T
  • Market : NTRN/IDR

Neutron, a smart contract platform, is designed to overcome the challenges that other smart contract platforms often face , especially in terms of extensibility and interconnection. Leveraging Cosmos Hub's security and interconnectable infrastructure, Neutron provides developers with an efficient, secure, and fast platform for creating cross-platform financial applications. 

Unique features such as a distinctive consensus process, advanced technology, and modular design make it an attractive choice in the growing ecosystem of blockchain-based financial platforms. As the first consumer chain to launch within the Cosmos Hub Interchain security framework, Neutron's success is expected to establish a mutually beneficial relationship between Neutron and Cosmos Hub, ultimately increasing the value and security of both.

Also read: Neutron (NTRN), the Most Secure Smart Contract Platform in the Cosmos Ecosystem

Source: Bittime.com

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

3. Celestia (TIA)

  • Increase percentage: 23.53%
  • Sector: Platform, modular blockchain
  • Market Capitalization: IDR 27 T
  • Market: TIA/IDR

Celestia (TIA) is a blockchain protocol that aims to increase sustainability and transparency in the renewable energy ecosystem. Built on blockchain technology to ensure security and authenticity, Celestia provides innovative solutions for tracking and managing renewable energy production. 

Celestia's goal is to create infrastructure that supports the growth of green energy and reduces the carbon footprint. Celestia's highlights include a decentralized energy tracking system that enables real-time monitoring of renewable energy production. 

The TIA token is used as an incentive for green energy users and producers, motivating the adoption of sustainable energy. Through an innovative economic model, Celestia seeks to create an ecosystem that supports renewable energy projects and drives the transition to a more sustainable future.

Celestia plays a critical role in accelerating the adoption of renewable energy while providing added value to stakeholders across the value chain.

Also read: Everything you need to know about Celestia

 Source: Bittime.com

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

4. Mdex(MDX)

  • Increase percentage: 18.62%
  • Sectors: DeFi, DEX
  • Market Capitalization: IDR 1.1 T
  • Market : MDX/IDR

Mdex is a decentralized finance (DeFi) protocol that operates on the Binance Smart Chain (BSC) and Heco Chain blockchains. This protocol allows users to exchange assets across two blockchains, namely Binance Smart Chain and Heco Chain, providing users with greater flexibility and accessibility. 

As a utility token, MDX has various functions in the Mdex ecosystem. Users can use MDX to exchange crypto assets in a decentralized manner on the Mdex platform, provide liquidity to support markets, and participate in various DeFi financial services, including staking and financing. 

As part of the DeFi ecosystem, Mdex reflects the latest development trend in the crypto ecosystem, where decentralized platforms allow users to access various financial services without the need to involve third parties.

 Source: Bittime.com

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

5. Avalanche (AVAX)

  • Increase percentage: 16.84%
  • Sector: DeFi, Smart Contract
  • Market Capitalization: IDR 235 T
  • Market : AVAX/IDR

Avalanche (AVAX) is a decentralized blockchain protocol designed to improve performance, scalability, and flexibility in smart contract execution. 

Launched by Ava Labs, this platform claims to be able to achieve greater scalability than Ethereum through a high  number of transactions per second (throughput) , namely 4,500 transactions per second.

On the other hand, the network allows developers to launch applications that suit their own needs thanks to its sharding capabilities.

Source: Bittime.com

Check today's AVAX/IDR price chart and the crypto market as a whole 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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