Crypto Market Today 21 February 2024

Data based on crypto asset market prices on Bittime.com on February 21 2024, 12.00 WIB

Bitcoin Price Today fell 1.35 percent over the last 24 hours making it trade at the level of 51,364 US dollars.

The majority of the crypto market today is moving into the red zone. SOL was observed to have fallen 5.34 percent during the day so that the price was at the level of 104.44 US dollars.

Meanwhile ETH rose 0.16 percent in the last 24 hours so that the price was at the level of 2,921 US dollars. The next crypto, BNB, rose 2.10 percent, trading at 365.33 US dollars.

Overall, today's Crypto Fear and Greed Index based on the Alternative.me page shows 78. 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

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

1. AltLayer (ALT) rose 15.36%
2. Automata Network (ATA) up 9.55%
3. Mask Network (MASK) rose 9.02%
4. NKN (NKN) rose 6.30%
5. Just (JST) rose 4.35%

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

1. AltLayer (ALT)

• Increase percentage: 39.19%
• Sector: Zero Knowledge Proofs
• Market Capitalization: IDR 9.21 T
• Market: ALT/IDR

AltLayer (ALT) is a digital token that serves as the central unit in the AltLayer ecosystem, a platform designed to increase scalability and efficiency in blockchain transactions. 

With a focus on interoperability and transaction speed, AltLayer aims to provide a layer-2 solution that enables faster and more economical development of decentralized applications (dApps). 

Through the use of advanced technologies such as rollups or sidechains, AltLayer seeks to overcome the scalability challenges faced by major blockchains, expanding the possible uses of blockchain technology in a variety of industries.

Source: Bittime.com

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

2.  Automata Network (ATA)

• Increase percentage: 9.55%
• Sector: Polkadot Ecosystem
• Market Capitalization: RP978 M
• Market : ATA/IDR

Automata Network (ATA) is a decentralized platform designed to provide privacy and untraceable computing services for decentralized applications (dApps) and protocols across multiple blockchains. 

With a focus on privacy and anonymous use, Automata Network offers features such as anonymous voting and distributed computing-based agreements, enabling the operation of dApps without compromising security or user convenience. 

ATA token, the native token of Automata Network, is used for various functions in the ecosystem, including governance, incentives for validators, and payment for services. Automata aims to address privacy and scalability challenges in today's blockchain ecosystem, providing a solution for developers and users seeking higher levels of anonymity and efficiency in their dApps transactions and interactions.

Source: Bittime.com

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

3. Mask Network (MASK)

• Increase percentage: 9.02%
• Sector: NFT, Media and Communication
• Market Capitalization: IDR 6.3 T
• Market: MASK/IDR

Mask Network (MASK) is a protocol that aims to connect today's open internet with blockchain networks, allowing users to send encrypted messages, participate in DeFi, and interact with various decentralized applications (dApps) directly from traditional social media platforms such as Twitter and Facebook . 

The MASK token, the native token of the Mask Network, is used for protocol governance, giving its holders voting rights in community decision-making, and is used in various features and services in the Mask ecosystem, including payment systems and incentives.

In doing so, Mask Network aims to provide a new layer of privacy and interactivity for internet users, expanding access to the crypto economy and blockchain applications without leaving their social media environment.

Source: Bittime.com

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

4. NKN (NKN)

• Increase percentage: 6.30%
• Sector: Enterprise Solution
• Market Capitalization: IDR 1.6 T
• Market: NKN/IDR 

NKN (New Kind of Network) is a blockchain project that aims to revolutionize communications networks by building a new decentralized Internet network driven by blockchain principles and peer-to-peer technology. The NKN token, also denoted NKN, is used as an incentive to encourage participation in the network, including data transmission and storage. 

By relying on a distributed network of nodes, NKN aims to improve the speed, privacy, security and accessibility of the Internet, making it more efficient and less dependent on traditional internet service providers. The project carries the vision of creating a completely decentralized 'new web', where every user can contribute to the network and earn rewards through NKN tokens.

Source: Bittime.com

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

5. Just (JST)

• Increase percentage: 4.35%
• Sector: DeFi
• Market Capitalization: IDR 4.9 T
• Market : JST/IDR

Just (JST) is one of the tokens in the TRON ecosystem, serving as an integral part of a series of decentralized finance (DeFi) applications on the TRON blockchain. ANN is used in a variety of scenarios, including interest payments, participation in platform governance, and as collateral in decentralized financial products. 

The Just platform aims to provide safe, stable and easily accessible lending services, stablecoins and other financial products for blockchain users. As such, JST plays a key role in facilitating DeFi transactions and giving its holders a voice in decision-making regarding the platform's development and operations.

Source: Bittime.com

Check today's  JST/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.