Data based on crypto asset market prices on Bittime.com on December 29 2023, 12.00 WIB
Today's Bitcoin price fell 1.08 percent over the last 24 hours making it trade at 42,575 US dollars.
The majority of the crypto market is moving into the red zone. ETH experienced a decline of 1.08 percent in the last 24 hours so that its price was at the level of 2,355 US dollars. Then BNB was also observed to have fallen 1.60 percent over the last 24 hours so that its current value is at the level of 318.27 US dollars.
Meanwhile SOL rose 2.93 percent in a day, bringing it to the level of 108.09 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. WazirX (WRX)
- Increase percentage: 24.83%
- Sector: CEX
- Market Capitalization: IDR 1.3T
- 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.
2. Tellor (TRB)
- Increase percentage: 21.31%
- Sectors: DeFi, Oracle, Web3
- Market Capitalization: IDR 8.6 T
- Market : TRB/IDR
Tellor (TRB) is a crypto project that provides decentralized oracle services for blockchains, providing external data to smart contracts . This ensures smart contracts can respond to changes in the real world.
Tellor operates on Ethereum and other blockchains, using a Proof-of-Work mechanism for decentralization and data security. TRB tokens are used as incentives for miners who provide accurate data and as payment by users who require data. Tellor supports blockchain applications that require external data, such as decentralized insurance and prediction markets.
Source: Bittime.com
Check today's TRB/IDR price chart and the overall crypto market in real-time on Bittime.
3. Kaspa (KAS)
- Increase percentage: 11.70%
- Sector: Layer-1, Store of Value
- Market Capitalization: IDR 43.02 T
- Market : CASH/IDR
Kaspa (KAS) is a crypto project focused on providing blockchain solutions with very high transaction speeds and wide scalability. The core of Kaspa is an implementation of blockchain technology that uses a unique data structure called "blockDAG" (Directed Acyclic Graph). Different from traditional blockchains that operate blocks linearly, blockDAG allows blocks to be processed in parallel, significantly increasing the speed and number of transactions that can be executed at the same time. This makes Kaspa ideal for applications that require fast transaction processing, such as payments, trading, or other financial services.
Kaspa's token, KAS, serves as a transaction unit in the Kaspa network. CASH is used for payment of transaction fees and as an incentive for miners ensuring the security and operation of the network. With a focus on scalability and speed, Kaspa aims to overcome some of the key challenges faced by traditional blockchains, including the problems of low throughput and transaction delays. The project targets broad use across multiple sectors, promising huge potential for growth and innovation in the crypto space.
Source: Bittime.com
Check today's KAS/IDR price chart and the crypto market as a whole in real-time on Bittime.
4. Alpaca Finance (ALPACA)
- Increase percentage: 9.32%
- Sectors: DeFi, Staking, Lending & Borrowing
- Market Capitalization: IDR 480 M
- Market: ALPACA/IDR
Alpaca Finance is a protocol in the DeFi (Decentralized Finance) ecosystem that focuses on leveraged yield farming. This protocol allows users to increase their earning potential from yield farming by providing the ability to participate in leverage farming, i.e. borrowing additional assets to increase their investment position. This aims to maximize returns for yield farmers while maintaining a manageable level of risk.
In Alpaca Finance, users can lend their crypto assets to liquidity pools and receive interest from borrowers. Instead, borrowers use those assets to participate in leveraged yield farming, with the aim of increasing their returns. Alpaca Finance's native token, ALPACA, plays an important role in this ecosystem.
ALPACA holders can participate in protocol governance, decide on new features and development direction, and receive a portion of the fees generated by the platform. Alpaca Finance offers an innovative approach in DeFi, allowing users to optimize their earnings from yield farming while offering investors the opportunity to earn passive income from their crypto assets. This protocol shows the potential for growth and innovation in the DeFi space, especially for users looking for ways to increase their investment returns in the crypto ecosystem.
Source: Bittime.com
Check today's ALPACA/IDR price chart and the crypto market as a whole in real-time on Bittime.
5. Sei Network (SEI)
- Increase percentage:5.30%
- Sectors: DeFi, NFT, Gaming
- Market Capitalization: IDR 16 T
- Market: SEI/IDR
Sei Network (SEI) is a first-layer blockchain specifically built for trading. Designed to give exchanges an edge in crypto trading, Sei Network optimizes every layer of infrastructure for trading applications. It offers a unique solution for reliability, scalability, and speed, critical for decentralized exchanges (DEX).
Sei Network is not only for DeFi, but also supports digital asset trading in the gaming and NFT fields.
Also read: Get to know SEI Network, Blockchain Layer-1 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.
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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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