Crypto Market Today May 20, 2024

Bittime - Data based on crypto asset market prices on Bittime.com on May 20, 2024, 12.00 WIB

Today's Bitcoin price rose 0.03 percent over the last 24 hours making it trade at 67,179 US dollars.

The majority of the crypto market today moved into the red zone, but major tokens, such as BTC, ETH, and SOL experienced slight increases. ETH was observed to increase by 0.17 percent over the last 24 hours, and the price was at the level of 3,129 US dollars. 

The next crypto, SOL rose 1.53 percent throughout the day so that the price was at the level of 177.28 US dollars. Meanwhile BNB, down 0.01 percent, traded at 579.89 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. PONKE rose 9.46%
2. MANEKI rose 8.78%
3. GNO rose 5.40%
4. PENDLE rises 5.22%
5. LINK up 3.16%

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

1. Ponke (PONKE)

• Increase percentage: 9.46%
• Sectors: Memes, Solana ecosystem
• Market Capitalization: IDR 2,750 T
• Market: PONKE/IDR

Ponke (PONKE) is a crypto project that introduces a blockchain-based gaming platform and virtual ecosystem. With a focus on fun and user engagement, Ponke allows users to participate in a variety of creative games and activities powered by blockchain technology.

Through the PONKE token, users can buy virtual goods, earn rewards, and interact with the community in the Ponke ecosystem. The project aims to harness the potential of blockchain in creating fun and engaging gaming experiences for users around the world.

Source: Bittime.com

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

2. MANEKI (MANEKI)

• Increase percentage: 8.78%
• Sectors: Memes, Cat-themed, Solana ecosystem
• Market Capitalization: IDR 1,411 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. 

3. Gnosis (GNO)

• Increase percentage: 5.40%
• Sectors: DEX Token, DeFi, Services
• Market Capitalization: IDR 12,853 T
• Market: GNO/IDR

Gnosis (GNO) is a crypto project that provides a decentralized market prediction platform, allowing users to create and participate in blockchain-based prediction markets. By leveraging Ethereum smart contracts, Gnosis offers tools to predict the outcome of events with high transparency and security. GNO tokens are used in this ecosystem for staking, governance, and participation in prediction markets. The project aims to improve efficiency and reliability in the collection and analysis of predictions, opening up new potential for market data-driven applications.

Source: Bittime.com

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

4. Pendle (PENDLE)

• Increase percentage: 5.22%
• Sector: Spartan Group, Restaking
• Market Capitalization: IDR 12,966 T
• Market : PENDLE/IDR

Pendle (PENDLE) is a crypto project that allows users to split and trade yields from DeFi-based assets. With a unique innovation in yield tokenization, Pendle allows users to lock DeFi assets and receive two types of tokens, native tokens and yield tokens.

The PENDLE token is used for governance and providing incentives to users in the Pendle ecosystem. The project aims to increase liquidity and flexibility in DeFi yield management, giving users more control over their investments.

Source: Bittime.com

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

5. Chainlink (LINK)

• Increase percentage: 3.16%
• Sectors: Web3, DeFi, Oracles
• Market Capitalization: IDR 160,208 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. 

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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.