Crypto Market Today 12 May 2024

Data based on crypto asset market prices on Bittime.com on May 12 2024, 12.00 WIB

Today's Bitcoin price rose 0.36 percent over the last 24 hours making it trade at IDR 979 billion.

ETH was observed to have increased by 0.37 percent over the last 24 hours, bringing its price to IDR 46,971 million. 

The next crypto, SOL rose 1.41 percent throughout the day so that the price was at the level of IDR 2,361 million. Meanwhile BNB, up 1.20 percent, traded at IDR 9,485 million.

Overall, today's Crypto Fear and Greed Index based on the Alternative.me page shows the number 56. 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. TNSR up 12.65%
2. TRB up 12.10%
3. RARE up 11.30%
4. USTC up 7.62%
5. ARPA rose 7.29%

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

1. Tensors (TNSR)

• Increase percentage: 12.65%
• Sectors: Collectibles & NFTs, Solana Ecosystem,          
• Market Capitalization: IDR 1.89 T
• Market : TNSR/IDR

Crypto Tensor (TNSR) is a cryptocurrency based on blockchain technology and the concepts of neural networks. TNSR uses an innovative consensus algorithm to ensure security and fairness in transactions, while also leveraging artificial intelligence to increase network efficiency. 

With a focus on scalability and transaction speed, TNSR has the potential to become one of the leading platforms in the blockchain ecosystem, offering reliable solutions for future financial and technological needs.

Source: Bittime.com

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

2. Tellor (TRB)

• Increase percentage: 12.10%
• Sectors: DeFi, Oracles, Framework Ventures Portfolio, 
• Market Capitalization: IDR 5.69T
• Market : TRB/IDR

Tellor (TRB) is a decentralized protocol that aims to provide price data and financial information in the blockchain ecosystem. Tellor uses a “Proof-of-Work” approach to securely verify and store data, incentivizing miners to provide accurate, real-time data. 

This allows decentralized applications, such as prediction markets and insurance, to access trustworthy data without having to rely on a single authority. Thus, Tellor plays an important role in building a strong infrastructure for the decentralized finance ecosystem.

Source: Bittime.com

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

3. SuperRare (RARE)

• Increase percentage: 11.30%
• Sectors: Collectibles & NFTs, DAO,
• Market Capitalization: IDR 1.53 T
• Market: RARE/IDR

SuperRare (RARE) is a cryptocurrency that offers a platform for trading and collecting digital art. 

Based on blockchain technology, SuperRare allows artists to create, publish, and sell their digital artwork as non-fungible tokens (NFTs). Each work of art has its uniqueness and ownership recorded on the blockchain, providing certainty of authenticity and value for collectors. 

By leveraging the NFT concept, SuperRare creates an ecosystem that allows artists to be fairly rewarded for their work and collectors to have access to unique and valuable digital works of art.

Source: Bittime.com

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

4. TerraClassisUSD (USTC)

• Increase percentage: 7.62%
• Sectors: Stablecoins, Algorithmic Stablecoins, Seigniorage, USD Stablecoins, Alleged SEC Securities,
• Market Capitalization: IDR 2.68 T
• Market: USTC/IDR

TerraClassicUSD (USTC) is a stablecoin that runs on the Ethereum blockchain network. Designed to achieve value stability by following a 1:1 exchange rate with the US Dollar, USTC aims to provide a safe and efficient solution for users who wish to avoid the volatility that commonly occurs in the crypto market. 

With the support of the smart contract concept, TerraClassicUSD enables fast and cheap cross-border fund transfers and provides reliability in its use as a means of payment and storage of value in the blockchain ecosystem.

Source: Bittime.com

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

5. Arpa (ARPA)

• Increase percentage: 7.29%
• Sectors: Scaling, Arrington XRP Capital Portfolio, DWF Labs Portfolio,
• Market Capitalization: IDR 1.42 T
• Market: ARPA/IDR

ARPA (ARPA) is a cryptocurrency that presents a solution to data privacy problems in the digital era. Powered by blockchain technology, ARPA enables secure and confidential data exchange between participating parties without compromising privacy. 

By using advanced cryptographic technology, ARPA allows data creators to maintain complete control over their personal information while still allowing for data sharing with reputable parties, opening up new opportunities for collaboration and innovation in a variety of industries.

Source: Bittime.com

Check today's  ARPA/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.