Crypto Market Today 3 May 2024

Data based on crypto asset market prices on Bittime.com on May 3 2024, 12.00 WIB

Bitcoin Price Today rose 3.95 percent over the last 24 hours making it trade at the level of 59,617 US dollars.

The majority of the crypto market today is moving up. ETH was observed to increase by 2.86 percent over the last 24 hours, and the price was at the level of 3,005 US dollars. 

The next crypto, SOL rose 8.39 percent during the day so that the price was at the level of 140 US dollars. Meanwhile BNB, up 3.26 percent, traded at 565 US dollars.

Overall, today's Crypto Fear and Greed Index based on the Alternative.me page shows 48. This is a sign that the market is still in a neutral phase with the current economic conditions and crypto industry.

Source: Cryptorank

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

1. TRB up 53.57%
2. AR rose 20.17%
3. SHRAP up 20.05%
4. HIGH rose 19.34%
5. SILLY rose 17.94%

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

1. Tellor (TRB)

• Increase percentage: 53.57%
• Sectors: DeFi, Oracles, Web3
• Market Capitalization: IDR 3.01 T
• Market : TRB/IDR

Tellor (TRB) is a decentralized Oracle protocol that provides secure and reliable external data for smart contracts on the blockchain. By using a Proof-of-Work mechanism, Tellor enables the use of real-world data in decentralized applications without the need to trust third parties. 

TRB tokens are used to provide incentives to network actors who contribute data and as collateral by those who request data. This protocol is designed to support applications that require a high level of security and reduced risk of data manipulation.

Source: Bittime.com

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

2. Arweave (AR)

• Increase percentage: 20.17%
• Sectors: Storage, Web3, DePIN
• Market Capitalization: IDR 36,218 T
• Market: AR/IDR

Arweave (AR) is a crypto project that delivers a permanent, decentralized storage solution on the blockchain, allowing users to store data securely without the risk of censorship or deletion. Arweave's proof-of-access technology ensures data remains available forever with low storage costs and without the need to update smart contracts. 

With an innovative economic model, Arweave creates incentives for users to store data long-term, strengthening network sustainability. This project expands the potential of blockchain by maintaining data integrity and building reliable storage infrastructure globally.

Source: Bittime.com

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

3. Shrapnell (SHRAP)

• Increase percentage: 20.05%
• Sector: NFT, Gaming
• Market Capitalization: IDR 591,426 M
• Market: SHRAP/IDR

Shrapnel (SHRAP) is a crypto project that aims to provide secure, fast, and decentralized payment and exchange solutions for the weapons and defense industry. By using blockchain technology, Shrapnel ensures transparency and security in every transaction, minimizing the risk of data leaks or payment manipulation. 

The project also focuses on meeting strict legal and regulatory compliance in this highly regulated industry. In doing so, Shrapnel seeks to bring innovation in financial infrastructure to the arms industry, improving operational efficiency and security.

Source: Bittime.com

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

4. Highstreet (HIGH)

• Increase percentage: 19.34%
• Sector: Metaverse, VR/AR
• Market Capitalization: IDR 3,276 T
• Market : HIGH/IDR

Highstreet (HIGH) is a crypto project that aims to facilitate the integration and adoption of cryptocurrencies in the retail trading ecosystem. With a focus on speeding up transactions and reducing costs, Highstreet uses blockchain technology to provide secure and efficient payment solutions for customers and merchants. 

Through its platform, Highstreet also allows users to get rewards and cashback in the form of HIGH tokens when shopping at their partners. In doing so, the project seeks to expand the use of cryptocurrencies in everyday transactions, encouraging wider mass adoption.

Source: Bittime.com

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

5. Silly Dragon (SILLY)

• Increase percentage: 17.94%
• Sectors: Gaming-Fi, NFT
• Market Capitalization: IDR 246,038 M
• Market: SILLY/IDR

Silly Dragon (SILLY) is a crypto project that carries the concept of entertainment and fun in the blockchain ecosystem. With a focus on gamification and user engagement, Silly Dragon creates a platform that allows users to participate in a variety of games and creative activities powered by blockchain technology. 

Through the use of SILLY tokens, users can purchase virtual goods, earn rewards, and interact with the community globally. The project aims to embrace the fun side of blockchain technology, increasing its appeal and adoption among a wider range of users.

Source: Bittime.com

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

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DISCLAIMER: This article is informational in nature and does not constitute advice, recommendation, offer or solicitation 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.