Crypto Market Today 29 February 2024

Data based on crypto asset market prices on Bittime.com on February 29 2024, 12.00 WIB

Today's Bitcoin price is still in the green zone, rising 6.65 percent over the last 24 hours to make it trade at 62,526 US dollars.

The majority of the crypto market today is moving up. ETH rose 4.96 percent in the last 24 hours so that the price was at the level of 3,470 US dollars. The next crypto, BNB , rose 3.22 percent, trading at 413.01 US dollars.

Overall, today's Crypto Fear and Greed Index based on the Alternative.me page shows 80. This is a sign that the market is still in the extra greed phase or is very 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. 1000BONK up 56.16%
2. ARKM rose 49.51%
3. MYRO up 36.54%
4. DOGE up 33.17%
5. PEOPLE up 28.26%

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

1. 1000 BONK 

• Increase percentage: 56.16%
• Sector: Memes
• Market Capitalization: IDR 21.8 T
• Market: 1000BONK/IDR

BONK is a meme coin that emerged in the cryptocurrency ecosystem as a form of entertainment and speculation. Inspired by the popularity and culture of internet memes, BONK leverages the unique characteristics of the digital world to attract attention and community.

These coins are often associated with humorous images or pop culture references, creating a relaxed and fun atmosphere among their users. Although its value and usefulness can fluctuate greatly, BONK has managed to build an active and engaged community, which often participates in various online activities such as trading, tipping, or simply sharing memes.

Source: Bittime.com

Check today's 1000BONK/IDR price chart and the crypto market as a whole in real-time on Bittime.

2.  ARKM

• Increase percentage: 49.51%
• Sector: AI
• Market Capitalization: IDR 5.2 T
• Market : ARKM/IDR

Arkham (ARKM) is a blockchain analytics platform that uses artificial intelligence (AI) to anonymously identify blockchain and on-chain data. ARKM is the native utility token of the Arkham platform, functioning in an ecosystem designed to encourage crypto intelligence sharing and trading.

With a total supply of 1 billion ARKM tokens, the platform aims to provide comprehensive coverage of blockchain activity across multiple chains, offering insight into the real-world identities associated with crypto addresses. This unique approach supports a wide range of applications, including trading, compliance, and portfolio management, while cultivating a community of on-chain detectives

Source: Bittime.com

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

3. MYRO

• Increase percentage: 36.54%
• Sector: memes
• Market Capitalization: IDR 1.7 T
• Market: MYRO/IDR

Myro (MYRO) is a unique crypto asset, inspired by the community spirit and excitement that the world of crypto brings. Powered by the Solana blockchain which is renowned for its speed and efficiency, Myro is not just a coin. It is a movement that aims to make the world of crypto more accessible and enjoyable for everyone, reflecting a larger vision of inclusivity and community participation in the crypto ecosystem.

Source: Bittime.com

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

4. DOGE

• Increase percentage: 33.17%
• Sector: Memes
• Market Capitalization: IDR 287 T
• Market: DOGE/IDR 

Dogecoin (DOGE) is a cryptocurrency that was originally created as a joke or meme in December 2013 by Billy Markus from Portland, Oregon, and Jackson Palmer from Sydney, Australia. This currency displays the Shiba Inu logo, a type of dog from Japan, which is the symbol and mascot of Dogecoin. Although it started as a joke, Dogecoin quickly gained a large and enthusiastic online community.

Dogecoin was designed using Litecoin's base code, meaning it leverages Proof of Work (PoW) blockchain technology but with some differences. For example, Dogecoin has faster block times than Litecoin, which allows for faster transactions. Additionally, unlike Bitcoin which has a maximum coin supply limit, Dogecoin has an unlimited supply, making it unique among many other cryptocurrencies.

Source: Bittime.com

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

5. PEOPLE

• Increase percentage: 28.26%
• Sector: -
• Market Capitalization: IDR 3.6 T
• Market : PEOPLE/IDR

ConstitutionDAO (PEOPLE) is a unique initiative within the cryptocurrency and blockchain community that aims to purchase original copies of the United States Constitution through a decentralized autonomous organization (DAO). Q

Formed in November 2021, the group quickly gained attention and managed to raise $47 million in Ether, demonstrating DAO's potential for collective action and fundraising. Despite significant efforts and fundraising, ConstitutionDAO lost an auction at Sotheby's to Ken Griffin, leading to the decision to disband the DAO and return contributions to its supporters​​​​.

Source: Bittime.com

Check  today's  PEOPLE/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.