Crypto Market Today 13 December 2023

Data based on crypto asset market prices on Bittime.com on December 13 2023, 12.00 WIB

Today's Bitcoin price fell 0.96 percent in the last 24 hours and traded at 41,129 US dollars. 

The majority of the crypto market today is in the red zone. ETH again experienced a price decline of 1.93 percent in the last 24 hours so that the price was at the level of 2,176 US dollars. BNB was also observed to have experienced a slight decline over the last 24 hours so that its value is currently at the level of 247.37 US dollars. 

SOL was also stuck in the red zone, down 5.62 percent to make it trade at 66.35 US dollars. AVAX was also observed to have fallen more than 14 percent in the last 24 hours, so that the price is currently at the level of 36.30 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 current economic conditions and the crypto industry.

Source: Cryptorank

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

1. Community (KOM)

• Increase percentage: 61.53%
• Sector: launchpad
• Market Capitalization: IDR 48 B
• Market : KOM/IDR

Kommunitas is a decentralized funding platform for Web3 projects. Some may call this project a 'launchpad' or 'IDO platform', but Kommunitas aims to build more than just a platform, but rather an ecosystem. 

Apart from providing funding for Web3 projects from various blockchains, Kommunitas also supports marketing activities, community management, KOL and VC connections, SEO, and project development needs such as vesting portals and staking platforms . 

KOM is the official crypto asset used on the Kommunitas platform and has a total supply of KOM tokens reaching 40 billion units. Approximately 70 percent of the total KOM tokens have been mandated to DxLock, a third-party token storage service provider platform, with a locking plan of 50 months. This locking process will be carried out in stages, where the KOM tokens that have been locked will be released back into circulation.

Also read: Let's get to know Kommunitas (KOM), a crypto project from Indonesia

Source: Bittime.com

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

2. WazirX (WRX) 

• Increase percentage: 22.64%
• Sector: CEX
• Market Capitalization: IDR 1.15 T
• Market : WRX/IDR

WazirX (WRX) is a crypto exchange platform founded in India in 2018. As one of the leading exchanges in the country, WazirX facilitates trading of crypto assets such as Bitcoin and Ethereum. They make things easier for users in India by providing crypto purchasing services using local fiat currency, namely Indian Rupees (INR). WazirX's utility token, WRX, plays an important role in the platform's ecosystem. Users can use WRX to pay trading fees, earn discounts, and gain access to special features. As part of the Binance group, Binance's acquisition of WazirX in 2019 strengthened its position in the global market and opened opportunities for further integration between the two platforms. WazirX continues to be a key player in providing access to the world of crypto for Indians, while users are expected to conduct in-depth research before engaging in crypto trading.

Source: Bittime.com

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

3. Fetch.ai (FET)

• Increase percentage: 15.73%
• Sectors: AI, IoT, Web3
•  Market Capitalization: IDR 7.4T
• Market : FET/IDR

Fetch.ai is a blockchain project that integrates artificial intelligence (AI) technology with blockchain technology to create a smart decentralized economic environment.

Launched in 2018, Fetch.ai aims to bring innovation to the decentralized economic sector by connecting devices and artificial intelligence agents so they can interact and negotiate automatically. Fetch.ai's primary approach is to build a decentralized network that allows artificial intelligence devices and agents to communicate, collaborate, and carry out transactions automatically without requiring human intervention. This opens up the opportunity for an efficient and automated economic ecosystem where assets, services and data can be traded intelligently.

The FET token serves as the primary crypto asset in the Fetch.ai ecosystem. Apart from being used to pay for services and transactions within the network, FETs also give their holders the right to participate in decision making regarding protocol developments. The project has a focus on a variety of applications, including supply chain management, decentralized energy trading, and various other uses.

 Source: Bittime.com

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

4. API3 (API3)

• Increase percentage: 8.09%
• Sectors: DeFi, Oracles
• Market Capitalization: IDR 2.1 T
• Market : API3/IDR

API3 is a decentralized Oracle protocol that focuses on providing data directly from trusted sources to the blockchain. Oracles are key components in the blockchain ecosystem that connect smart contracts with information from the outside world. API3 differentiates itself with an “Airnode-first” approach, where the primary focus is on the nodes maintaining the data source and not on intermediary oracles. 

API3's main features involve decentralization and security. The protocol creates a fully decentralized oracle model, where node operators, called Airnodes, directly feed data into smart contracts without the need to cross intermediary oracles. This increases security and reduces the risk of external data manipulation. 

API3 utility tokens, known as API3, have an important role in the network. Users who utilize or provide oracle services using Airnode will use this token. API3 targets to reduce the need for trusted third parties in providing data to the blockchain, bringing the benefits of greater transparency and decentralization to the blockchain ecosystem. Along with many other crypto projects, it is important to conduct in-depth research before getting involved in a project or investment.

 Source: Bittime.com

Check today's API3/IDR price chart and the overall crypto market in real-time on Bittime. 

5. Neo Network (NEO)

• Increase percentage: 7.02%
• Sector: Smart Contract
• Market Capitalization: IDR 13.8 T
• Market : NEO/IDR

NEO, or often referred to as the “Ethereum of China,” is a blockchain platform designed to facilitate the building of smart contracts and decentralized applications (dApps). 

Founded in 2014, NEO has a vision to create a “Smart Economy” by integrating digital assets, smart contracts and digital identities in a decentralized economic ecosystem. With a dual token system consisting of NEO and GAS, NEO offers a Delegated Byzantine Fault Tolerance (dBFT) consensus model to prioritize security and transaction speed. 

Additionally, NEO adopts a more regulatory-friendly approach, supports the development of its ecosystem, and builds an active global community. With its focus on integrating blockchain technology into the traditional financial sector, NEO continues to be a major player in the development and application of blockchain technology.

Also read: What is Neo? First Blockchain Platform with Dual-Token Model

Source: Bittime.com

Check today's NEO/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.