Crypto Market Today 27 December 2023

Data based on crypto asset market prices on Bittime.com on December 27 2023, 12.00 WIB

Today's Bitcoin price experienced a slight decline, namely down 0.56 percent over the last 24 hours, making it trade at the level of 42,478 US dollars. 

The majority of the crypto market is moving into the red zone. ETH experienced a decline of 0.22 percent in the last 24 hours so that its price was at the level of 2,229 US dollars. Then SOL fell 1.35 percent during the day and is currently trading at 112.52 US dollars.

Meanwhile, BNB was observed to have increased by 10.64 percent over the last 24 hours so that its value is currently at the level of 295.44 US dollars. The next crypto, MATIC, rose significantly by 20.96 percent in one day, bringing it to the level of 1.06 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 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. Perpetual Token (PERP)

• Increase percentage: 34.50%
• Sectors: DEX, DeFi, Derivatives
• Market Capitalization: IDR 1.1 T
• Market : PERP/IDR

Perpetual Protocol (PERP) is a DeFi platform that offers decentralized derivatives trading with high leverage. This platform allows users to speculate on the price of crypto assets without requiring physical ownership of the assets. 

One of its main features is the ability to trade futures contracts without expiration dates, giving traders more flexibility. Perpetual Protocol stands out because it uses a unique liquidation system and efficient trading mechanisms to reduce risk and increase liquidity.

Source: Bittime.com

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

2. BurgerCities (BURGER) 

• Increase percentage:15.18%
• Sectors: DEX, DeFi, gaming
• Market Capitalization: IDR 496 B
• Market : BURGER/IDR

BurgerCities (BURGER) is a unique blockchain platform, combining gaming and DeFi (decentralized finance) elements. Within this ecosystem, users can engage in a variety of activities that include gaming, digital asset (NFT) trading, and social interactions in a virtual environment. The goal of BurgerCities is to create a holistic and enjoyable experience, allowing users to explore more than just financial transactions on the blockchain. 

The platform is designed to offer an immersive experience, where users can explore a variety of integrated features and activities. With a focus on merging the virtual world and decentralized finance, BurgerCities seeks to provide an interactive and fun environment, where communities can thrive while participating in the new digital economy.

Source: Bittime.com

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

3. Sei Network (SEI)

• Increase percentage: 14.56%
• Sector: Layer-1
• Market Capitalization: IDR 16.7 T
• Market : SEI/IDR

Sei Network (SEI) is a blockchain platform designed specifically for decentralized financial markets (DeFi). This platform emphasizes optimizing transaction speed and efficiency to support trading applications and other financial services. The goal is to overcome the problems of high latency and expensive transaction fees often encountered in today's DeFi ecosystem. 

By leveraging advanced infrastructure, Sei Network aims to be a solution for users and developers in the DeFi space. This initiative promises a more responsive and cost-effective platform, with the hope of increasing accessibility and efficiency for DeFi market players.

Also read: What is SEI? Layer-1 Blockchain Specifically for Trading

 Source: Bittime.com

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

4. Hooked Protocol (HOOK)

• Increase percentage:14.11%
• Sectors: Marketplace, AI & Big Data, Gaming
• Market Capitalization: IDR 2.47 T
• Market: HOOK/IDR

Hooked Protocol (HOOK) is a blockchain project focused on growth and user engagement in the Web3 ecosystem . The goal is to ease access to decentralized applications and services ( dApp ) so that they are more user-friendly and accessible to a wider audience. 

The protocol offers a variety of products designed to engage and educate users, fostering a more inclusive and participatory blockchain community. The HOOK token itself plays an important role in the ecosystem, as an incentive for participation and growth.

Also read: What is Hooked Protocol (HOOK)? Pioneer of Web3 Learning Platform

Source: Bittime.com

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

5. PancakeSwap (CAKE)

• Increase percentage:12.42%
• Sectors: NFT, DEX, DeFi
• Market Capitalization: IDR 13.7 T
• Market: CAKE/IDR

PancakeSwap (CAKE) is one of the most popular decentralized finance (DeFi) platforms running on the Binance Smart Chain (BSC). The platform allows users to exchange tokens, provide liquidity through farming, and earn rewards in the form of CAKE tokens. 

PancakeSwap is also known for its unique features such as lottery, NFT trading, and launching new tokens through Initial Farm Offering (IFO), making it one of the most versatile platforms in the crypto ecosystem.

Source: Bittime.com

Check today's  CAKE/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.