Crypto Market Today 19 December 2023

Data based on crypto asset market prices on Bittime.com on December 19 2023, 12.00 WIB

Today's Bitcoin Price has fallen into the red zone again. BTC fell 2.15 percent over the last 24 hours to make it trade at 41,298 US dollars. 

The majority of the crypto market is also moving down. ETH fell 3.53 percent in the last 24 hours so that the price was at the level of 2,152 US dollars. BNB was also observed to have decreased over the last 24 hours so that currently its value is at the level of 236.65 US dollars. 

The next cryptocurrency, SOL, fell 6 percent in a day, making it trade at 69.62 US dollars. AVAX also moved down 10.64 percent in the last 24 hours, so that the price is currently at the level of 38.65 US dollars.

Overall, today's Crypto Fear and Greed Index based on the Alternative.me page shows 73. 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 assets crypto that experienced the best performance and significant price increases on Bittime:

1. Sei Network (SEI)

• Increase percentage: 36.28%
• Sector: Layer-1
• Market Capitalization: IDR 12.1 T
• Market : SEI/IDR

Sei Network (SEI) is a blockchain project focused on increasing speed and efficiency in the decentralized trading (DeFi) ecosystem. Sei Network was designed as a blockchain specifically for commerce, offering an innovative solution that addresses the scalability issues faced by mainstream blockchains such as Ethereum. 

By using an optimized consensus mechanism and unique architecture, Sei Network is able to increase transaction speeds and reduce gas fees, making it ideal for trading crypto assets and financial derivatives. Additionally, Sei Network prioritizes the development of a friendly user interface and integration with various other DeFi protocols. This allows users to carry out trading, lending, and other DeFi activities more easily and efficiently. 

Sei Network's advantage lies in its ability to provide a stable and reliable infrastructure for developers to create innovative DeFi applications, driving wider adoption among crypto users. The project has also attracted attention for its commitment to security and regulatory compliance, ensuring that its platform remains safe and suitable for users and investors.

Click for more complete information about Sei Network. 

Source: Bittime.com

Check the price chart SEI/IDR today and crypto market in total real-time in Bittime.

2. Adventure Gold (AGLD) 

• Increase percentage: 20.66%
• Sector:Distributed computing, storage
• Market Capitalization: IDR 1.29 T
• Market : AGLD/IDR

Adventure Gold (AGLD) is a crypto token closely related to the Loot project, which is one of the Non-Fungible Token (NFT) projects unique in the Ethereum ecosystem. AGLD is designed as a utility token for the Loot ecosystem, where it acts as an in-game currency for virtual goods and services within the Loot ecosystem.

These tokens allow NFT Loot owners to interact in various in-game activities, including trading, purchasing items, and participating in exclusive events or quests. The concept behind Adventure Gold is to add an additional economic layer to the NFT Loot collection, thereby expanding the possible uses for those NFTs.

By using AGLD, NFT holders can engage more deeply in the Loot ecosystem, providing added value and greater utility for NFT holders. The project is interesting for its unique approach of combining the world of NFTs with utility tokens, creating more dynamic interactions and a richer ecosystem for gaming fans and NFT collectors.

Source: Bittime.com

Check the price chart AGLD/IDR today and crypto market in total real-time in Bittime.

3. Tellor (TRB)

• Increase percentage: 18.78%
• Sectors: DeFi, Oracle, Web3
•  Market Capitalization: IDR 5 T
• Market : TRB/IDR

Tellor (TRB) is a project and cryptocurrency focused on providing decentralized data oracles for the blockchain ecosystem. Oracles are external data sources that feed information into smart contracts on the blockchain, enabling them to respond to changing conditions in the real world. Tellor aims to provide trustworthy and authentic data on the Ethereum blockchain and other networks. 

Tellor uses a PoW (Proof-of-Work) mechanism to achieve decentralization and security in the provision of oracle data. The "miners" Tellor performs the work of completing data requests from smart contracts by providing confidence in the correct data. In this way, Tellor strives to be a reliable and decentralized solution to meet data needs within the blockchain ecosystem. 

The TRB token is a utility token used within the Tellor ecosystem. Miners are incentivized to provide accurate data by receiving TRB in return. Users who need data also pay with TRB to use Tellor's oracle services. 

Tellor plays a critical role in supporting blockchain applications that require external data, such as decentralized insurance, prediction markets, and more. This helps bridge the gap between the blockchain world and the real world by ensuring verified and trustworthy information can be accessed by smart contracts.

 Source: Bittime.com

Check the price chart TRB/IDR today and crypto market overall in real-time in Bittime. 

4. BakeryToken(BAKE)

• Increase percentage: 18.18%
• Sectors: NFT, gaming, DeFi
• Market Capitalization: IDR 1.2 T
• Market: BAKE/IDR

BakeryToken is a decentralized Automated Market Maker (AMM) protocol operating on the Binance Smart Chain (BSC). BAKE, a BEP-20 token, is used as the governance token on the platform. Users can earn BAKE tokens by providing liquidity on BakeryToken, while these tokens also serve for governance voting and earning dividends from transaction fees. 

BAKE rewards are provided in a variety of liquidity pools, including BTC, ETH, DOT, LINK, BUSD, and BAKE versus BNB. BakeryToken was developed by an anonymous group that believes in the concept of decentralized autonomous organizations (DAO). 

BakeryToken provides liquidity pools for altcoins such as LINK and DOT, with two types pool: those that offer BAKE rewards and those that do not. Both of these pools can be managed by the community, and only a few have BAKE rewards with reward multipliers varying according to their contribution to BAKE holders.

Source: Bittime.com

Check the price chart BAKE/IDR today and crypto market overall in real-time in Bittime. 

5. Woo Network (WOO)

• Increase percentage: 16.29%
• Sector: DeFi, smart contracts
• Market Capitalization: IDR 13.7 T
• Market : WOO/IDR

WOO Network (WOO) is an innovative crypto platform, designed to provide digital asset trading solutions at very low fees, often with no fees at all. The goal is to create a crypto trading ecosystem that is efficient, transparent, and easily accessible to various groups, from retail traders to large institutions. The WOO token, the native token of the WOO Network, plays an important role in this ecosystem, used for various functions such as transaction fee discounts, staking, and participation in certain activities on the platform.

The way WOO Network works is based on an advanced liquidity model, which allows users to enjoy low spreads and fast order execution. The platform offers a variety of services, including WOO 

Another important feature is the WOO DAO, which is a decentralized autonomous organization that empowers the community to make important decisions regarding network development. Thus, WOO Network aims to position itself as a leader in the crypto market by offering efficient and affordable trading solutions for all types of users.

Source: Bittime.com

Check the price chart WOO/IDR today and crypto market overall in real-time in Bittime. 

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DISCLAIMER: This article is informational in nature and does not constitute 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.