Crypto Market Today 24 May 2024

Bittime - Data based on crypto asset market prices on Bittime.com on May 24 2024, 12.00 WIB

Today's Bitcoin price fell 2.68 percent over the last 24 hours making it trade at the level of IDR 1,088 T.

The majority of the crypto market today is moving into the Red zone. ETH was observed to have increased by 0.36 percent over the last 24 hours, bringing the price to IDR 61,225 million. 

The next crypto, SOL fell 4.90 percent throughout the day so that the price was at the level of IDR 2,722 million. Meanwhile BNB, down 2.46 percent, traded at IDR 9,667 million.

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 still in the greed phase or is still optimistic about the current economic conditions and crypto industry. 

Source: Cryptorank

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

1. AUDIO up 34.31%
2. PEOPLE up 29.14%
3. 10000TROLL up 28.26%
4. TRU rose 16.31%
5. ONDO rose 15.63%

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

1. Audius (AUDIO)

• Increase percentage: 34.31%
• Sectors: Music, DAO, Coinbase Ventures Portfolio,         
• Market Capitalization: IDR 4.21 T
• Market : AUDIO/IDR

Audius (AUDIO) is a decentralized music streaming platform built on blockchain technology. Launched in 2019, Audius allows musicians to distribute, monetize and share their music directly with fans, without intermediaries such as record labels. 

AUDIO tokens are used in this ecosystem to incentivize artists and listeners, support exclusive content, and participate in platform governance. With a focus on creative freedom and transparency, Audius aims to change the music industry by giving content creators complete control over their work.

Source: Bittime.com

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

2. ConstitutionDAO (PEOPLE)

• Increase percentage: 29.14%
• Sector: -   
• Market Capitalization: IDR 6.92 T
• Market : PEOPLE/IDR

ConstitutionDAO (PEOPLE) is a decentralized initiative formed in late 2021 with the goal of raising funds through crowdfunding to purchase an original copy of the United States Constitution. Using blockchain technology, this DAO (Decentralized Autonomous Organization) managed to raise more than $40 million in cryptocurrency, although it ultimately failed to win the auction. 

The PEOPLE token, issued to contributors, was originally planned to provide voting rights in decision-making regarding the document, but after the failure of the auction, its function shifted to become a symbol of participation in the project and an online community that developed around the idea of ​​decentralization and global collaboration.

Source: Bittime.com

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

3. 10000TROLL (10000TROLL)

• Increase percentage: 28.26%
• Sector: Memes,
• Market Capitalization: IDR 657.35 B
• Market: 10000TROLL/IDR

Troll (TROLL) is a meme-based cryptocurrency created for online communities that appreciate humor and internet culture. TROLL tokens are designed to be used in a variety of activities and interactions on social media platforms and digital communities, often as a form of tip or reward for content deemed funny or entertaining. 

By adopting a less serious approach to blockchain technology, Troll focuses on the community and user engagement aspects, creating a fun and inclusive ecosystem for those who want to participate in the meme-based digital economy.

Source: Bittime.com

Check today's 10000TROLL/IDR price chart and the entire crypto market in real-time on Bittime. 

4. Truefi (TRU)

• Increase percentage: 16.31%
• Sectors: DeFi, Ethereum Ecosystem, Yield Farming, 
• Market Capitalization: IDR 2.67 T
• Market: TRU/IDR

TrueFi (TRU) is a decentralized lending platform that enables collateral-free lending in the DeFi (Decentralized Finance) ecosystem. Using the TRU token, the platform provides incentives to borrowers and lenders and allows token holders to participate in the credit assessment and decision-making process. 

TrueFi integrates a blockchain-based credit rating mechanism to determine borrower creditworthiness, aiming to create a more transparent and efficient lending market. With this approach, TrueFi seeks to reduce risk and increase financing accessibility in the DeFi space.

Source: Bittime.com

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

5. Ondo (ONDO)

• Increase percentage: 15.63%
• Sectors: Ethereum Ecosystem, Real World Assets, 
• Market Capitalization: IDR 24.65 T
• Market: ONDO/IDR

Ondo (ONDO) is a DeFi (Decentralized Finance) platform that focuses on providing investment solutions with measurable risks through structured financial products. Using the ONDO token, the platform offers a variety of investment options designed to meet various risk profiles, including fixed and variable interest products. 

Ondo aims to bridge the gap between the world of traditional finance and the DeFi ecosystem, providing access to safer and more transparent investment opportunities. Through innovation in financial structures and risk management, Ondo seeks to increase trust and participation in the DeFi market.

Source: Bittime.com

Check today's  STG/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.