Crypto Market Today 22 February 2024

Data based on crypto asset market prices on Bittime.com on February 22 2024, 12.00 WIB

Bitcoin Price Today fell 0.50 percent over the last 24 hours making it trade at the level of 51,596 US dollars.

The majority of the crypto market today is moving into the red zone. ETH was observed to have fallen 1.32% over the last 24 hours, trading at 2,937 US dollars. The next crypto, SOL fell 2.55 percent during the day so that the price was at the level of 104.79 US dollars.

Meanwhile NB, up 7.38 percent, traded at 379.81 US dollars.

Overall, today's Crypto Fear and Greed Index based on the Alternative.me page shows 74. 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. Singularity NET (AGIX) rose 31.69%
2. Arkham (ARKM) up 28.24%
3. Ondo Finance (ONDO) rose 20.54%
4. Render (RNDR) rose 17.10%
5. The Graph (GRT) rose 14.31%

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

1. Singularity NET (AGIX)

• Increase percentage: 31.69%
• Sector: Payment, AI & Big Data
• Market Capitalization: IDR 13.7 T
• Market: AGIX/IDR

SingularityNET (AGIX), previously known by the token symbol AGI, is a blockchain platform that aims to facilitate the creation, sharing, and monetization of artificial intelligence (AI) services in a decentralized manner. By leveraging blockchain technology, SingularityNET enables AI developers around the world to contribute their algorithms to the global marketplace, where users can easily access and use AI services. 

The AGIX token serves as currency in the SingularityNET ecosystem, used for transactions and incentives for AI developers contributing to the platform. SingularityNET was designed with the vision to create a distributed network of AI services that can communicate and learn from each other, with the ultimate goal of creating super intelligent artificial intelligence collectively, democratizing access to AI technology and advancing progress in this field.

Also read: What is SingularityNET (AGIX)? Blockchain Based AI Platform

Source: Bittime.com

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

2.  Arkham (ARKM)

• Increase percentage: 28.24%
• Sector: Marketplace, AI & Big Data, Research
• Market Capitalization: RP3.1 T
• Market : ARKM/IDR

Arkham (ARKM) stands out as a blockchain platform that emphasizes security and flexibility. Using blockchain technology, Arkham is building a decentralized ecosystem that provides a high level of security for transactions and data. Arkham's main advantage lies in its technological infrastructure designed to ward off security threats and maintain network integrity. 

Arkham Token (ARKM) has a central role as a digital currency in the ecosystem. In addition to serving as a means of payment for services, ARKM tokens provide incentives to their holders, encouraging active participation in the ecosystem. Arkham not only provides leading blockchain security solutions, but also establishes an adaptive environment, creating new opportunities in the way transactions and data exchange are conducted in the world of business and technology.

Source: Bittime.com

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

3. Ondo Finance (ONDO)

• Increase percentage: 20.54%
• Sector: Real-world assets
• Market Capitalization: IDR 8.4 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.

4. Render (RNDR)

• Increase percentage: 17.10%
• Sector: Media, gaming, web3, payment
• Market Capitalization: IDR 43.5 T
• Market: RNDR/IDR 

Render (RNDR) is a blockchain platform designed to democratize the process of rendering high-powered graphics over a distributed network. 

By leveraging unused computing capacity around the world, RNDR enables content creators, artists, and designers to access more efficient and affordable rendering resources. It uses RNDR tokens as currency for transactions within the network, facilitating the exchange of rendering services between users. 

This platform not only increases accessibility and efficiency in the creation of 3D graphic content, but also encourages a collaborative economy in the creative industry.

Source: Bittime.com

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

5. The Graph (GRT)

• Increase percentage: 14.31%
• Sector: DeFi, Enterprise solution
• Market Capitalization: IDR 41.5 T
• Market : GRT/IDR

The Graph (GRT) is a decentralized protocol designed to index and query data from the blockchain, enabling the creation of more efficient and effective decentralized applications (dApps). GRT is a utility token in The Graph ecosystem, used as an incentive for indexers, curators, and delegators who play an important role in managing and operating the network. 

The Graph allows developers to easily search, use, and publish the public data needed for their applications, without needing to store and manage their own data servers. As such, The Graph aims to become a critical infrastructure layer for future decentralized applications, facilitating open and efficient access to the data required for a broad and diverse blockchain ecosystem.

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.