Data based on crypto asset market prices on Bittime.com on January 17 2024, 12.00 WIB
Today's Bitcoin price rose 0.36 percent over the last 24 hours making it trade at 42,818 US dollars.
ETH rose 1.48 percent, trading at 2566 US dollars. SOL also rose 3.09 percent over the last 24 hours and is currently at the level of 98.62 US dollars. The next crypto, BNB fell 1.21 percent, making it trade at 311.16 US dollars.
Overall, today's Crypto Fear and Greed Index based on the Alternative.me page shows 60. This is a sign that the market is still in the greed phase. 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. Pendle (PENDLE) up 20.36%
2 Beam (BEAM) rose 14.64%
3. Tellor (TRB) up 13.05%
4. Reef (REEF) rose 13.04%
5. Chiliz (CHZ) up 11.61%
The following is a detailed explanation of each cuan coin today.
1. Pendle (PENDLE)
- Increase percentage: 20.36%
- Sector: Olympus Pro Ecosystem
- Market Capitalization: IDR 7.6 T
- Market : PENDLE/IDR
Pendle is a decentralized finance (DeFi) protocol that allows users to manage and trade yield tokens, which are relatively new financial assets in the DeFi ecosystem. This protocol is unique in that it focuses on tokenization and trading of yields generated from other assets.
In Pendle, users can separate rights to future yields from ownership of their underlying assets, creating two separate types of tokens: asset ownership tokens (OT) and yield tokens (YT). This enables flexibility and innovation in how DeFi users interact with yields, including the ability to sell, buy, or speculate on future yields.
Source: Bittime.com
Check today's PENDLE/IDR price chart and the entire crypto market in real-time on Bittime.
2. Beam (BEAM)
- Increase percentage: 14.64%
- Sector: Gaming
- Market Cap: 18.13 T
- Market : BEAM/IDR
Beam is a blockchain developed specifically for the gaming industry, created by Merit Circle DAO. Running on the Avalanche network, Beam was built with the aim of addressing the challenges faced in the blockchain gaming sector.
Beam's key features are the ability to conduct in-game asset transactions efficiently and supports omnichain NFT creation and management.
Also read: What is a Beam? Special Blockchain for the Gaming World
Source: Bittime.com
Check today's BEAM/IDR price chart and the crypto market as a whole in real-time on Bittime.
3. Tellor (TRB)
- Increase percentage: 13.05%
- Sectors: DeFi, Oracle, Web3
- Market Capitalization: R5.68 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.
4. Reef (REEF)
- Increase percentage: 13.04%
- Sector: Media, gaming, Web3, payment
- Market Capitalization: IDR 561 B
- Market : REEF/IDR
Reef (REEF) is a blockchain platform focused on providing accessible and affordable DeFi services. Using blockchain technology, Reef is building an ecosystem that allows users to easily access various financial services, such as staking, lending and trading, without requiring a high level of technicality.
Reef Token (REEF) serves as the main asset in this ecosystem. REEF is used to pay transaction fees, provide liquidity, and provide incentives to users who participate in various ecosystem functions.
Source: Bittime.com
Check today's REEF/IDR price chart and the crypto market as a whole in real-time on Bittime.
5. Chiliz (CHZ)
- Increase percentage:11.61%
- Sector: NFT, Layer-1
- Market Capitalization: R15.3 T
- Market : CHZ/IDR
Chiliz (CHZ) is a crypto token focused on empowering fans in the sports and entertainment industry. CHZ is the native token of the Chiliz Network, a blockchain platform that allows sports clubs, teams, and other entertainment entities to launch their own fan tokens.
This fan token gives fans the right to participate in decisions relating to their club or team, such as the choice of uniform design, location of friendly matches, and other aspects involving fan interaction.
Source: Bittime.com
Check today's CHZ/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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