Crypto Market Today 11 May 2024

Bittime -Data based on crypto asset market prices on Bittime.com on May 11, 2024, 12.00 WIB

Today's Bitcoin price fell 3.25 percent over the last 24 hours making it trade at IDR 963,690 million.

The majority of the crypto market today is moving into the Red zone. ETH was observed to have decreased by 3.85 percent over the last 24 hours, bringing the price to IDR 46,785 million. 

The next crypto, SOL fell 5.65 percent throughout the day so that the price was at the level of IDR 2,328 million. Meanwhile BNB, down 1.70 percent, traded at IDR 9,377 million.

Overall, today's Crypto Fear and Greed Index based on the Alternative.me page shows the number 53. This is a sign that the market is still in a neutral phase or tends to be neutral with the current economic conditions and crypto industry. 

Source: Cryptorank

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

1. QI rose 19.58%
2. MBOX up 7.31%
3. SUPER up 6.30%
4. IDEX up 6.09%
5. MOVR up 4.18%

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

1. Benqi (QI)

• Increase percentage: 19.58%
• Sectors: DeFi, Binance Launchpool, Lending & Borrowing, Arrington, XRP Capital Portfolio, Spartan Group, Liquid Staking Derivatives  
• Market Capitalization: IDR 1.38 T
• Market : QI/IDR

Benqi (QI) is a decentralized financial platform based on blockchain technology, specifically designed to facilitate lending, borrowing and yield farming services. By leveraging DeFi (Decentralized Finance) technology, Benqi enables users to earn passive income through various financial products, while providing seamless access to global financial services. 

QI, as a platform utility token, gives users access to participate in various ecosystem functions, such as voting and earning rewards. With a focus on ease of use and flexibility, Benqi aims to widely expand DeFi adoption, while providing more inclusive financial access to the global community.

Source: Bittime.com

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

2. Mobox (MBOX)

• Increase percentage: 7.31%
• Sectors: Collectibles & NFTs, DeFi, Yield Farming, Binance Launchpool, Metaverse, Play To Earn, DWF Labs Portfolio
• Market Capitalization: IDR 1.8 T
• Market : MBOX/IDR

Mobox (MBOX) is the utility token underlying a revolutionary decentralized blockchain gaming ecosystem. Built on the Binance Smart Chain blockchain, Mobox provides a platform that allows users to access leading blockchain games, as well as participate in various in-game activities, such as NFT trading, farming, and staking. 

As the token underlying the economy in the Mobox ecosystem, MBOX allows users to gain exclusive access to features and services within the platform, while rallying an active community around the ecosystem.

Source: Bittime.com

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

3. SuperVerse (SUPER)

• Increase percentage:6.30%
• Sectors: Collectibles & NFTs, Launchpad, Polkastarter, Exnetwork Capital Portfolio, Superstarter, Animoca Brands Portfolio
• Market Capitalization: IDR 8.26 T
• Market: SUPER/IDR

SuperVerse (SUPER) is a project that aims to build a decentralized and inclusive metaverse. Through the use of blockchain technology, SuperVerse provides a platform that allows users to create, interact, and participate in rich and dynamic virtual experiences. 

The SUPER token is a digital asset that gives users access to various features and services within the SuperVerse, such as virtual land ownership, content development, and various economic activities within the metaverse. With a focus on creative freedom and community participation, SuperVerse aims to realize the vision of a metaverse that is democratic and fun for everyone.

Source: Bittime.com

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

4. IDEX (IDEX)

• Increase percentage: 6.09%
• Sector: Decentralized Exchange (DEX Token, DeFi
• Market Capitalization: IDR 829.98 B
• Market: IDEX/IDR

IDEX (IDEX) is a decentralized crypto trading platform that allows users to trade directly with each other using smart contracts on the Ethereum blockchain. With a focus on security, speed, and convenience, IDEX provides a trading experience similar to centralized exchanges, but with the advantage of complete control over users' crypto assets. 

The IDEX token (IDEX) plays a role in the platform ecosystem by providing incentives to users who provide liquidity as well as allowing users to benefit from various platform features and services, such as reduced transaction fees and profits from the maker-taker trading model.

Source: Bittime.com

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

5. MoonRiver (MOVR)

• Increase percentage: 4.18%
• Sector: Interoperability, Smart Contracts, Layer 1
• Market Capitalization: IDR 2.3 T
• Market: MOVR/IDR

MoonRiver (MOVR) is a blockchain network developed by Moonbeam Network, designed to provide connectivity between different blockchain networks, with a primary focus on interoperability and compatibility with Ethereum. Built on Parity Substrate infrastructure, MoonRiver allows developers to easily port Ethereum applications and smart contracts into its cheaper and more efficient ecosystem. 

The MOVR token is a digital asset used to facilitate transactions and economic activities within the MoonRiver network, as well as providing incentives to users who participate in securing the network and developing its ecosystem. With a vision to become the ultimate bridge between blockchain networks, MoonRiver aims to expand access and adoption of blockchain technology globally.

Source: Bittime.com

Check today's MOVR/IDR price chart and the overall crypto market 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.