Crypto Market Today 5 February 2024

Data based on crypto asset market prices on Bittime.com on February 5 2024, 12.00 WIB

Today's Bitcoin price rose 0.56 percent over the last 24 hours making it trade at the level of 43,135 US dollars.

The majority of the crypto market today is moving into the green zone. ETH rose 1.04 percent in the last 24 hours so that the price was at the level of 2,324 US dollars. The next crypto, BNB , rose 1.40 percent, trading at 303.95 US dollars. Meanwhile, SOL was observed to rise 0.78 percent throughout the day so that the price was at the level of 97.92 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 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. Troll (10000TROLL ) up 46.15%
2. Pendle (PENDLE) up 13.03%
3. Flare (FLR) rose 11.96%
4. Ondo Finance (ONDO) rose 9.44%
5. Myro (MYRO) up 7.01%

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

1. Trolls (10000TROLL)

• Increase percentage: 46.15%
• Sector: Memes
• Market Capitalization: IDR 225B
• Market : 10000TROLL/IDR

Troll (TROLL) is a memecoin initiative implemented on the ERC20 platform , with an emphasis on significant events in its ecosystem.

The launch of Troll (TROLL) occurred on April 20, 2023, and expressively received widespread attention from the community, resulting in the TROLL token reaching high positions in various ranking lists within 24 hours.

Also read: What is a Troll (TROLL)? Elon Musk “Chief Troll Officer” Memecoin

Source: Bittime.com

Check today's 10000TROLL/IDR price chart and the entire crypto market in real-time on Bittime.

2. Pendle (PENDLE)

• Increase percentage: 13.03%
• Sector: Olympus Pro Ecosystem
• Market Capitalization: RP11.9T
• 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.

3. Flares (FLR)

• Increase percentage: 11.96%
• Sectors: NFT, DeFi
• Market Capitalization: IDR 16.2 T
• Market: FLR/IDR

Flare (FLR) is a digital asset that is an integral part of the Flare Network, a blockchain platform that aims to bring smart contracts to various crypto assets that do not support them natively. 

The Flare Network is designed to overcome the limitations of blockchains that do not have smart contract capabilities, such as Ripple (XRP), by enabling secure and decentralized smart contract execution on top of these assets. In this way, Flare opens up new possibilities for crypto assets that were previously limited in terms of functionality.

Source: Bittime.com

Check  today's FLR/IDR price chart and the overall crypto market in real-time on Bittime. 

4.  Ondo Finance (ONDO)

• Increase percentage: 9.44%
• Sector: Real-world assets
• Market Capitalization: IDR 4.8 T
• Market: ONDO/IDR

Ondo Finance is a decentralized finance (DeFi) platform that offers a variety of blockchain-based financial services. The platform is designed to facilitate access to more inclusive and transparent financial products, by leveraging blockchain technology to increase security and efficiency.

Ondo Finance integrates various features such as liquidity provision, asset management, and market formation, allowing users to invest, borrow, and swap digital assets easily. 

The main goal of Ondo Finance is to bridge the world of traditional finance with decentralized finance, offering a better user experience through financial products that are more affordable and accessible to anyone, anywhere.

Also read: What is Ondo Finance (ONDO)? Asset Tokenization and Risk Diversification Platform

Source: Bittime.com

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

5. Myro (MYRO)

• Increase percentage: 7.01%
• Sector: Memes
• Market Capitalization: IDR 1.2 T
• Market : MYRO/IDR

Myro (MYRO) is a token based on the Solana network that targets to revolutionize the outlook towards meme tokens. With strong community support, Myro is designed to make the world of crypto more open and exciting for everyone.

This initiative stands out for its simplicity, focus on security, and ease of access for its users. Myro is not just a digital currency; This is a movement that has the ambition to create beneficial change globally.

Also read: What is Myro (MYRO): Meme Token Competitor to BONK, DOGE & SHIBA 

Source: Bittime.com

Check today's  MYRO/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.