Crypto Market Today 17 May 2024

Bittime - Data based on crypto asset market prices on Bittime.com on May 17 2024, 12.00 WIB

Bitcoin Price Today fell 0.55 percent over the last 24 hours making it trade at the level of 65,506 US dollars.

The majority of the crypto market today is moving into the red zone. ETH was observed to have fallen by 2.10 percent over the last 24 hours, and the price was at the level of 2,946 US dollars. 

The next crypto, SOL rose 0.29 percent throughout the day so that the price was at the level of 162.75 US dollars. Meanwhile BNB, down 2.04 percent, traded at 570.93 US dollars.

Overall, today's Crypto Fear and Greed Index based on the Alternative.me page shows the number 74. 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:

1. MANEKI rose 22.40%
2. LINK up 13.31%
3. NEON rose 12.24%
4. VANRY rose 7.22%
5. IMX up 6.95%

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

1. MANEKI (MANEKI)

• Increase percentage: 22.40%
• Sectors: Memes, Cat-themed, Solana ecosystem
• Market Capitalization: IDR 1,099 T
• Market: MANEKI/IDR

MANEKI (MANEKI) is a crypto project focused on NFT collectibles based on traditional Japanese lucky cat characters. Through its platform, users can buy, sell, and trade unique NFTs featuring various designs of the good-luck Maneki-Neko cat.

MANEKI tokens are used for transactions in this ecosystem and provide incentives for collectors and creators. The project aims to combine traditional culture with modern technology, creating a global community that values ​​art and luck.

Source: Bittime.com

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

2. Chainlink (LINK)

• Increase percentage: 13.31%
• Sectors: Web3, DeFi, Oracles
• Market Capitalization: IDR 146,869 T 
• Market: LINK/IDR

Chainlink (LINK) is a crypto project that provides a decentralized oracle network to connect smart contracts on the blockchain with real-world data. By using secure and verified oracles nodes, Chainlink enables smart contracts to interact with a variety of external data such as asset prices, weather, and match results.

LINK tokens are used to pay node operators and as an incentive to ensure accurate and reliable data. This project aims to expand the capabilities of smart contracts, allowing them to be used in a variety of applications that require real-world data.

Source: Bittime.com

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

3. Neon EVM (NEON)

• Increase percentage: 12.24%
• Sectors: Interoperability, Solana ecosystem, Parallelized EVM
• Market Capitalization: IDR 813,449 B
• Market: NEON/IDR

Neon EVM (NEON) is a crypto project that delivers 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. In doing so, 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. Vanar Chain (VANRY)

• Increase percentage: 7.22%
• Sectors: VR/AR, Collectibles NFTs, Metaverse
• Market Capitalization: IDR 4,329 T
• Market : VANRY/IDR

Vanar Chain (VANRY) is a crypto project that offers a decentralized blockchain platform to support fast and secure transactions in the digital ecosystem. With a focus on scalability and efficiency, Vanar Chain uses innovative consensus to ensure high transaction speeds and low fees.

The VANRY token serves as the primary means for transactions and participation in the network, as well as providing incentives for users and validators. This project aims to facilitate the widespread adoption of blockchain technology by providing reliable and user-friendly solutions for various industrial applications.

Source: Bittime.com

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

5. Immutable (IMX)

• Increase percentage: 6.95%
• Sectors: Gaming, Collectibles NFTs, ZKP
• Market Capitalization: IDR 58,395 T
• Market: IMX/IDR

Immutable (IMX) is a crypto project that delivers scalability and security solutions for NFTs (Non-Fungible Tokens) on the Ethereum blockchain. With Layer 2 technology, Immutable X enables fast and gas-free NFT transactions, keeping the user experience efficient and affordable.

IMX tokens are used for transactions, staking, and participation in network governance, providing incentives to users and developers. The project aims to expand NFT adoption by providing a user-friendly platform and supporting a more sustainable and scalable ecosystem.

Source: Bittime.com

Check today's  IMX/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.