Crypto Market Today May 13, 2024 – Bittime

Data based on crypto asset market prices on Bittime.com on May 13 2024, 12.00 WIB

Bitcoin Price Today fell 0.06 percent over the last 24 hours making it trade at the level of 60,987 US dollars.

The majority of the crypto market today is moving into the red zone. ETH was observed to have fallen by 1.14 percent over the last 24 hours, and its price was at the level of 2,891 US dollars.

The next crypto, SOL rose 5.37 percent throughout the day so that the price was at the level of 139.18 US dollars. Meanwhile BNB, down 0.44 percent, traded at 588.24 US dollars.

Overall, today's Crypto Fear and Greed Index based on the Alternative.me page shows the number 57. This is a sign that the market is in the greed phase with the current economic conditions and crypto industry.

Source: Cryptorank

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

UMA rose 9.94%
POWR up 9.64%
NEON rose 5.27%
ORAI rose 5.19%
SFP up 1.60%

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

1. UMA (UMA)

Increase percentage: 9.94%
Sectors: DeFi, Oracles, DAO
Market Capitalization: IDR 5,384 T

UMA (Universal Market Access) is a crypto project that enables the creation and trading of synthetic assets on the Ethereum blockchain. With a focus on facilitating global market access without geographic or regulatory restrictions, UMA allows users to create synthetic assets representing various financial instruments, such as stocks, currencies or commodities.

Through its decentralized protocol, UMA offers freedom in customizing and setting parameters for synthetic asset contracts, providing greater flexibility and liquidity for users. The project aims to expand access to global financial markets and accelerate innovation in the creation of digital assets.

Source: Bittime.com

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

2. Powerledger (POWR)

Increase percentage: 9.64%
Sectors: SEC Security Token, Energy, Sharing Economy
Market Capitalization: IDR 2,743 T
Market: POWR/IDR

Powerledger (POWR) is a crypto project that leverages blockchain technology to power decentralized energy generation and peer-to-peer energy trading. Powerledger enables energy producers to sell their excess energy directly to consumers, eliminating middlemen and increasing efficiency in energy distribution.

Through the POWR token, users can access energy trading services, support renewable energy, and participate in local energy markets. The project aims to create a more sustainable and decentralized energy infrastructure, bringing innovative solutions to challenges in the global energy industry.

Source: Bittime.com

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

3. Neon EVM (NEON)

Increase percentage: 5.27%
Sectors: Interoperability, Solana ecosystem, Parallelized EVM
Market Capitalization: IDR 695 B
Market: NEON/IDR

Neon EVM (NEON) is a crypto project that features an Ethereum Virtual Machine (EVM) optimized to improve scalability and performance in the blockchain ecosystem. With a focus on increasing transaction throughput and reducing gas fees, Neon EVM enables developers to build and run decentralized applications more efficiently.

Through the use of sidechain technology and off-chain solutions, the project aims to overcome the main obstacles faced by the Ethereum network currently. Thus, Neon EVM seeks to accelerate the adoption of blockchain technology by providing a more scalable and cost-effective solution for developers.

Source: Bittime.com

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

4. Oraichain (ORAI)

Increase percentage: 5.19%
Sectors: DeFi, Generative AI, Layer 1
Market Capitalization: IDR 2,270 T
Market : ORAI/IDR

Oraichain (ORAI) is a crypto project that provides a bridge between the world of blockchain and artificial intelligence (AI) by using AI oracle technology. With a focus on facilitating communication between blockchain and AI data securely and reliably, Oraichain enables seamless integration between these two technologies.

Through the use of intelligent smart contracts, Oraichain provides access to AI data in the blockchain ecosystem to support various applications such as price prediction, risk analysis, and automated decision making. The project aims to expand blockchain functionality by leveraging artificial intelligence, unlocking new potential in decentralized application development.

Source: Bittime.com

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

5. SafePal (SFP)

Increase percentage: 13.60%
Sector: Wallet, Binance Launchpad
Market Capitalization: IDR 6,077 T
Market: SFP/IDR

SafePal (SFP) is a crypto project that provides easy-to-use and affordable hard crypto wallet and security hardware solutions. With a focus on digital asset security, SafePal allows users to safely store, send, and receive various types of crypto.

Through user-friendly design and advanced security features such as Secure Element (SE), SafePal provides strong protection against cyberattacks and asset theft. The project aims to expand crypto adoption by providing an easily accessible solution for both novice and experienced users.

Source: Bittime.com

Check today's SFP/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 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.

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