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Crypto Market Today 06 May 2024

Updated

Data based on crypto asset market prices on Bittime.com on 06 May 2024, 12.00 WIB

Today's Bitcoin price rose 1.19 percent over the last 24 hours making it trade at the level of IDR 1,025 T.

The majority of the crypto market today is moving into the Green zone. ETH was observed to have increased by 1.74 percent over the last 24 hours, bringing the price to IDR 50,264 million. 

The next crypto, SOL rose 2.16 percent throughout the day so that the price was at the level of IDR 2,368 million. Meanwhile BNB, up 1.51 percent, traded at IDR 9,459 million.

Overall, today's Crypto Fear and Greed Index based on the Alternative.me page shows the number 71. 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. 

Sumber : Cryptorank

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

  1. PHB rose 30.98%
  2. TRB up 28.71%
  3. USTC up 22.80%
  4. AGI up 16.79%
  5. ARKM up 16.56%

 

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

1. Phoenix (PHB)

  • Increase percentage: 30.98%
  • Sektor: Retail, AI & Big Data, Enterprise Solutions, Web3, DePIN,      
  • Market Capitalization: IDR 1.79 T
  • Market : PHB/IDR

Phoenix (PHB) is a cryptocurrency focused on decentralized payment and financial solutions. Built on the Binance Smart Chain (BSC) blockchain network, PHB enables users to conduct low-cost and fast transactions, as well as providing solutions to reliability and security issues often encountered in traditional payment systems. 

With its innovative technology and vision to increase global financial accessibility, PHB is an attractive option for those seeking an efficient and decentralized alternative in the cryptocurrency ecosystem. 

Source: Bittime.com

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

2. Tellor (TRB)

  • Increase percentage: 28.71%
  • Sektor: DeFi, Oracles, Framework Ventures Portfolio,
  • Market Capitalization: IDR 3.78 T
  • Market : TRB/IDR

Tellor (TRB) is a decentralized oracle protocol running on top of the Ethereum blockchain. As a bridge between the blockchain world and external data, TRB enables smart contracts to obtain real-time information from external sources such as asset prices and weather data.

By using an innovative Proof-of-Work (PoW) mechanism, TRB ensures the reliability and security of the data generated, making it one of the top choices for DeFi (Decentralized Finance) projects that require trusted access to data outside the blockchain.

Source: Bittime.com

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

3. TerraClassicUSD (USTC)

  • Increase percentage: 22.80%
  • Sektor: Stablecoin, Algorithmic Stablecoin, Seigniorage, USD Stablecoin, Alleged SEC Securities, 
  • Market Capitalization: IDR 3.3 T
  • Market: USTC/IDR

TerraClassicUSD (USTC) is a stablecoin backed by blockchain technology, created with the aim of providing value stability to users in the cryptocurrency ecosystem. Built on the Terra network, USTC provides stability in value held in US dollars (USD) using a decentralized mechanism. 

Thus, USTC allows users to make transactions and store value without being affected by the price fluctuations that commonly occur in other cryptocurrencies. 

Source: Bittime.com

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

4. Delysium (AGI)

  • Increase percentage: 16.79%
  • Sector: AI & Big Data, Metaverse, Generative AI, 
  • Market Capitalization: IDR 3.85 T
  • Market: AGI/IDR

Delysium (AGI) is a cryptocurrency that aims to revolutionize the gaming industry by leveraging blockchain technology. Built on the Ethereum network, AGI allows users to acquire, exchange, and utilize in-game digital assets in a secure and decentralized manner. 

In addition, AGI also provides incentives to game developers to create more interesting gaming experiences using innovative economic models. With a vision to empower players and game developers, AGI is in the spotlight in efforts to build a more inclusive and sustainable gaming ecosystem.

Source: Bittime.com

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

5. Arkham (ARKM)

  • Increase percentage: 16.56%
  • Sektor: Governance, Binance Launchpad, Binance Labs Portfolio, Analytics,
  • Market Capitalization: IDR 8.72 T
  • Market: ARKM/IDR

Arkham (ARKM) is a cryptocurrency that aims to revolutionize the arts and culture market by leveraging blockchain technology. Built on a secure and decentralized network, ARKM enables artists to monetize their works directly, eliminating expensive middlemen and connecting directly with their fans. 

Through its platform, ARKM creates a fair and transparent ecosystem, enabling artists to gain recognition for their work and providing a more direct interaction experience for art fans. In this way, ARKM is an innovative solution in an effort to increase accessibility and sustainability in the arts and culture industry.

Source: Bittime.com

Check today's ARKM/IDR price chart and the entire crypto market in real-time at 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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