Data based on crypto asset market prices on Bittime.com on January 23 2024, 12.00 WIB
Today's Bitcoin price fell 3.14 percent over the last 24 hours making it trade at 39,612 US dollars.
The majority of the crypto market is moving into the red zone. ETH fell 3.99 percent in the last 24 hours so that its price was at the level of 2,310 US dollars. BNB was observed to have fallen 2.90 percent over the last 24 hours so that its current value is at the level of 306.66 US dollars.
The next crypto, SOL , fell 7.50 percent in a day, making it trade at 81.73 US dollars. On the other hand, AVAX also fell 9.50 percent in the last 24 hours, so that currently the price is at the level of 28.72 US dollars.
Overall, today's Crypto Fear and Greed Index based on the Alternative.me page shows 50. This is a sign that the market is still in a neutral phase.
Source: Cryptorank
Cuan coins that experienced the best performance and significant price increases on Bittime:
1. Dego Finance (Dego) rose 11.90%
2 Alpaca Finance (ALPACA) rose 8.26%
3. Sui (SUI) rose 7.11%
4. BakeryToken (BAKE) up 4.47%
5. Analos (100ANALOS) up 4.10%
The following is a detailed explanation of each cuan coin today.
1. Dego Finance (DEGO)
- Increase percentage: 11.90%
- Sectors: NFT, DeFi, DAO
- Market Capitalization: IDR 734 B
- Market : DEGO/IDR
Dego Finance (DEGO) is an innovative platform in the decentralized finance ( DeFi ) ecosystem that combines the use of Non-Fungible tokens (NFT) with various financial services. DEGO stands out in the DeFi ecosystem with its modular and flexible approach, enabling the tokenization of assets into NFTs.
This feature gives users the ability to create, buy, and sell NFTs, opening up new opportunities in digital trading and investing. Additionally, DEGO provides infrastructure that makes it easier for developers to design and integrate DeFi applications, supporting growth and diversification in the blockchain ecosystem. Apart from focusing on NFTs and modular infrastructure, Dego Finance also offers DEGO token mining and staking features, giving its users the opportunity to earn rewards.
Source: Bittime.com
Check today's DEGO/IDR price chart and the crypto market as a whole in real-time on Bittime.
2. Alpaca Finance (ALPACA)
- Increase percentage: 8.26%
- Sectors: DeFi, Staking, Lending & Borrowing
- Market Capitalization: IDR 433 B
- Market : ALPACA/IDR
Alpaca Finance is a protocol in the DeFi 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, the borrower uses the asset to participate in the yield
Source: Bittime.com
Check today's ALPACA/IDR price chart and the crypto market as a whole in real-time on Bittime.
3. Sui (SUI)
- Increase percentage: 7.11%
- Sector: Layer-1
- Market Capitalization: IDR 18.4 T
- Market : SUI/IDR
Sui (SUI) is a promising crypto project, designed as a next-generation blockchain platform. Developed by Mysten Labs, Sui focuses on scalability, security, and high transaction efficiency.
The main technology used is Move, a new programming language developed specifically for Sui, which offers high security and flexibility in the development of decentralized applications (dApps).
Sui stands out with its unique architecture that allows processing transactions in parallel, unlike conventional blockchains that operate sequentially. This allows Sui to handle very large transaction volumes without sacrificing speed or costs.
Source: Bittime.com
Check today's SUI/IDR price chart and the crypto market as a whole in real-time on Bittime.
4. BakeryToken (BAKE)
- Increase percentage: 4.47%
- Sectors: DeFi, derivatives
- Market Capitalization: IDR 1.4 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.
BakeryToken provides liquidity pools for altcoins such as LINK and DOT, with two types of pools: 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 the contribution to BAKE holders.
Source: Bittime.com
Check today's BAKE/IDR price chart and the entire crypto market in real-time on Bittime.
5.analoS (1000ANALOS)
- Increase percentage: 4.10%
- Sector: Memes
- Market Capitalization: R166 M
- Market: 100ANALOS/IDR
AnaloS is built on the Solana network and is actively involved in its development. The name "AnaloS" is taken from the opposite of the word "Solana". The project launched on December 24 and immediately attracted attention, with the value of the ANALOS token, the main token of AnaloS, increasing rapidly.
AnaloS runs on the Solana network, which is renowned for its fast and efficient transactions. As a meme coin, AnaloS uses Solana's speed and huge capacity for better and easier digital transactions. AnaloS also focuses on building a strong community, encouraging users to actively participate in its ecosystem.
Also read: What is analoS? How it Works and Tokenomic Description
Source: Bittime.com
Check today's 100ANALOS/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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