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Crypto Market Today 23 February 2024

Risky Candra
Updated

Data based on crypto asset market prices on Bittime.com on February 23 2024, 12.00 WIB

Bitcoin Price Today fell 1.75 percent over the last 24 hours making it trade at the level of 51,005 US dollars.

The majority of the crypto market today is moving into the red zone. ETH was observed to have fallen 2.74% over the last 24 hours, trading at 2,939 US dollars. The next crypto, SOL fell 3.82 percent during the day so that the price was at the level of 102.81 US dollars. BNB, down 1.61 percent, traded at 377.01 US dollars.

Overall, today's Crypto Fear and Greed Index based on the Alternative.me page shows 76. 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 42.37%
  2. Amp (AMP) rose 23.18%
  3. Litentry (LIT) rose 21.48%
  4. Flare (FLR) rose 17.74%
  5. Alchemix (ALCX) rose 14.11%

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

1. Trolls (10000TROLL)

  • Increase percentage: 42.37%
  • Sector: Memes
  • Market Capitalization: IDR 807 B
  • 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.

Source: Bittime.com

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

2.  Amps (AMP)

  • Increase percentage: 23.18%
  • Sector: DeFi, Payment
  • Market Capitalization: Rp3.5 T
  • Market : AMP/IDR

Amp (AMP) is a decentralized financial protocol that leverages blockchain technology to create an inclusive and efficient financial environment. With a focus on developing decentralized financial infrastructure, Amp delivers innovative solutions to overcome challenges in payment and collateral systems.

One of the key features of Amp is its ability to provide instant guarantees in transactions. Through the Collateral Manager concept, Amp enables digital assets to be collateralized in real-time to support transactions, enabling fast and secure value transfer without the need to wait for long-term confirmation.

Source: Bittime.com

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

3. Litentry (LIT)

  • Increase percentage: 21.48%
  • Sector: DeFi, dApp
  • Market Capitalization: IDR 801 B
  • Market: LIT/IDR

Litentry (LIT) is a decentralized identity platform built on a blockchain network. The goal is to facilitate secure, private, and efficient identity management using blockchain technology. Litentry allows users to fully control their digital identity and share it securely with third parties through a decentralized authentication mechanism. 

By using the LIT token as a utility asset in the ecosystem, Litentry enables various use cases such as identity validation, cross-chain data aggregation, and reputation-based credit mechanisms. This platform aims to overcome existing challenges

Source: Bittime.com

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

4. Flares (FLR)

  • Increase percentage: 17.74%
  • Sectors: NFT, DeFi
  • Market Capitalization: IDR 20.3 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. 

5. Alchemix (ALCX)

  • Increase percentage: 14.11%
  • Sector: DeFi
  • Market Capitalization: IDR 1,008 T
  • Market : ALCX/IDR

Alchemix (ALCX) is an innovative DeFi (Decentralized Finance) protocol, allowing its users to obtain loans that automatically pay themselves over time without the risk of liquidation.

The main concept behind Alchemix is ​​to give users access to liquidity without requiring them to sell their crypto assets, while providing an avenue for self-loans that pay themselves through the yield generated. 

It offers a new approach to personal finance management and financial freedom in the DeFi ecosystem, by leveraging collateralized crypto assets to generate passive income.

The ALCX token serves as a governance token in the Alchemix ecosystem, giving its holders voting rights in decision-making regarding protocol development and management. Additionally, ALCX is used for incentives within the ecosystem, encouraging participation and investment in the protocol.

Source: Bittime.com

Check today's  ALCX/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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