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Cuan Coin Today January 9 2024

Risky Candra
Updated

Data based on crypto asset market prices on Bittime.com on January 9, 2024, 12.00 WIB

Today's Bitcoin price rose 6.23 percent over the last 24 hours making it trade at 46,628 US dollars. 

The majority of the crypto market has experienced an increase. ETH fell 3.14 percent during the day so that the price was at the level of 2,295 US dollars. Then SOL also rose 11.93 percent, trading at 101.44 US dollars. Other assets such as AVAX also experienced an increase of 11.46 percent, bringing the price to 36.77 US dollars. BNB also slightly rose 2.02 percent over the last 24 hours and currently the price is at the level of 305.30 US dollars.

Overall, today's Crypto Fear and Greed Index based on the Alternative.me page shows 76. 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

Cuan coins that experienced the best performance and significant price increases on Bittime:

  1. Internet Computer (ICP) rose 23.67%
  2. Injective (INJ) rose 21.37%
  3. Celestia (TIA) rose 21.09%
  4. Stacks (STX) rose 18.63%
  5. Sei Network (SEI) rose 17.72%

The following is a detailed explanation of each cuan coin today. 

1. Internet Computer (ICP)

  • Increase percentage: 23.67%
  • Sectors: Platforms, AI & Big Data, Distributed Computing
  • Market Capitalization: IDR 92.56 T
  • Market : ICP/IDR

Using advanced technologies such as Chain Key Technology, Internet Computer facilitates unlimited computing and data storage at high speed, as well as unlimited scalability. This project also prioritizes security and efficiency aspects, with a unique and efficient consensus mechanism.

By enabling the creation of internet content, applications and services without intermediaries, ICP seeks to change the way the internet works and is structured today, providing a more open, decentralized and efficient alternative.

Also read: What is ICP? Here's How It Works, Features, and Roadmap

Source: Bittime.com

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

2. Injective (INJ)

  • Increase percentage: 21.37%
  • Sector: AI&Big Data, Web3
  • Market Capitalization: IDR 55.97 T
  • Market : INJ/IDR

Injective Protocol (INJ) is an innovative decentralized platform in the decentralized finance ( DeFi ) ecosystem, offering a complete and integrated infrastructure for free and seamless trading of derivatives and other assets.

The platform is designed to support cross-chain trading, allowing its users to transact various assets, including derivatives, crypto and other financial instruments with high speed and efficiency.

Injective's uniqueness lies in its ability to provide fully decentralized trading with high liquidity, providing a fast and secure trading experience. In addition, because it is decentralized, Injective eliminates the risk of central point failure and provides more security for its users.

Also read: What is Injective (INJ): How it Works and Features

Source: Bittime.com

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

3. Celestia (TIA)

  • Increase percentage: 21.09%
  • Sector: Modular blockchain
  • Market Capitalization: R38.2 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. 

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.Stacks (STX) 

  • Increase percentage: 18.63%
  • Sectors: Web3, NFT, DeFi
  • Market Capitalization: IDR 43.74 T
  • Market : STX/IDR

Stacks (STX) is a unique blockchain layer designed to bring the intelligence of smart contracts and decentralized applications ( dApps ) to Bitcoin. Unlike many other blockchains that operate separately, Stacks works side by side with Bitcoin, taking advantage of its security and stability. 

Through the use of Stacks, developers can build applications that leverage the Bitcoin blockchain without disrupting its core performance. This is done through an innovative consensus mechanism known as Proof of Transfer (PoX), which connects the two blockchains. In this way, Stacks opens up new possibilities in the Bitcoin ecosystem, enabling new functions and applications previously unavailable in Bitcoin. 

By integrating smart contract capabilities into Bitcoin via Stacks, the platform not only enhances Bitcoin's functionality but also expands the scope and potential of its use in the blockchain and crypto world.

Also read: What is Stacks (STX)? Layer 2 Blockchain for Bitcoin Smart Contracts

Source: Bittime.com

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

5. Sei Network (SEI)

  • Increase percentage: 17.72%
  • Sector: Layer-1
  • Market Capitalization: IDR 25.96 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. 

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.

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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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