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Crypto Market Today 05 May 2024

Updated

Data based on crypto asset market prices on Bittime.com on 05 May 2024, 12.00 WIB

Today's Bitcoin price rose 0.50 percent over the last 24 hours making it trade at the level of IDR 1,012 T.

The majority of the crypto market today is moving into the Red zone. ETH was observed to have decreased by 0.90 percent over the last 24 hours, bringing the price to IDR 49,361 million. 

The next crypto, SOL fell 0.33 percent throughout the day so that the price was at the level of IDR 2,320 million. Meanwhile BNB, down 0.52 percent, traded at IDR 9,304 million.

Overall, today's Crypto Fear and Greed Index based on the Alternative.me page shows 69. This is a sign that the market is still in the greed phase or is still 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. 10000PORK up 50.00%
  2. 1CAT up 12.16%
  3. RNDR rose 8.68%
  4. AKT up 8.28%
  5. DOGE up 5.92%

 

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

1. PepeFork (10000PORK)

  • Increase percentage: 50.00%
  • Sectors: Memes, Ethereum Ecosystem,      
  • Market Capitalization: IDR 1.64 T
  • Market : 10000PORK/IDR

PepeFork (PORK) is a cryptocurrency inspired by the cultural phenomenon Pepe the Frog. Based on the blockchain concept, PORK presents an ecosystem that allows users to participate in trading, farming and staking activities. 

With a focus on security and decentralization, PORK offers an interesting alternative in the world of crypto by combining elements of the iconic Pepe meme with blockchain technology. 

Source: Bittime.com

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

2. Bitcoin Cats (1CAT)

  • Increase percentage: 12.16%
  • Sectors: Collectibles & NFTs, Gaming, Metaverse,
  • Market Capitalization: IDR 364.77 B
  • Market : 1CAT/IDR

Bitcoin Cats (1CAT) is a cryptocurrency that is attracting attention with its unique approach, combining the popularity of cats on the internet with blockchain technology. As part of its ecosystem, 1CAT allows users to make transactions, earn rewards through farming, and participate in staking. 

Taking inspiration from the cat phenomenon on social media, Bitcoin Cats provides an entertaining and interesting alternative to the crypto market, while maintaining the security and decentralization that are the main principles of blockchain technology.

Source: Bittime.com

Check today's 1CAT/IDR price chart and the overall crypto market in real-time on Bittime.

3. Render (RNDR)

  • Increase percentage: 8.68%
  • Sectors: Collectibles & NFTs, Scaling, Metaverse, Generative AI, 
  • Market Capitalization: IDR 55.62 T
  • Market: RNDR/IDR

Render (RNDR) is a cryptocurrency that introduces innovation in the graphics computing industry by utilizing blockchain technology. RNDR allows users to leverage their computing power and earn rewards in the form of RNDR tokens. 

The platform facilitates the provision and payment of rendering services in a decentralized manner, connecting content creators with computing power providers efficiently and transparently. In doing so, RNDR opens up new opportunities in the graphics computing industry, increasing efficiency and expanding access for creative professionals around the world. 

Source: Bittime.com

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

4. Akash Network (AKT)

  • Increase percentage: 8.28%
  • Sectors: Cosmos Ecosystem, AI & Big Data, Distributed Computing, Generative AI, 
  • Market Capitalization: IDR 18.17 T
  • Market: AKT/IDR

Akash Network (AKT) is a decentralized cloud computing protocol that leverages blockchain technology to empower users with cheap, fast, and secure computing resources. 

Using a peer-to-peer network, AKT allows users to rent, borrow, and efficiently utilize unused computing capacity. In doing so, AKT is paving the way for more decentralized cloud solutions, offering a more flexible and cost-effective alternative to traditional cloud infrastructure.

Source: Bittime.com

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

5. Dogecoin (DOGE)

  • Increase percentage: 5.92%
  • Sectors: Doggone Doggerel, FTX Bankruptcy Estate, 
  • Market Capitalization: IDR 368.9 T
  • Market: DOGE/IDR

Dogecoin (DOGE) is a cryptocurrency born from memes and a strong community on the internet. With an adorable logo and a philosophy that emphasizes simplicity and financial freedom, Dogecoin has become one of the most well-known and widely used cryptocurrencies. 

Although it started as a joke, DOGE has grown into a serious digital asset with a variety of uses, including online tipping, e-commerce payments, and charity support. A community actively involved in the development and acceptance of DOGE has ensured its sustainability and resilience in the ever-evolving crypto market.

Source: Bittime.com

Check today's  DOGE/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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