Crypto Market Today 25 May 2024

Bittime - Today's Bitcoin price rose 1.64 percent over the last 24 hours making it trade at the level of IDR 1,103 T.

The majority of the crypto market today is moving into the Green zone. ETH was observed to have increased by 0.99 percent over the last 24 hours, bringing the price to IDR 60,490 million. 

The next crypto, SOL fell 0.13 percent throughout the day so that the price was at the level of IDR 2,726 million. Meanwhile BNB, up 0.22 percent, traded at IDR 9,673 million.

Overall, today's Crypto Fear and Greed Index based on the Alternative.me page shows the number 76. This is a sign that the market is still in the extreme greed phase or is very 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. OGN up 26.31%
2. MANEKI rose 19.09%
3. REN rose 17.17%
4. UNI rose 14.08%
5. CTSI rose 13.92%

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

1.Origin Protocol (OGN)

• Increase percentage: 26.31%
• Sectors: Collectibles & NFTs, DeFi, Kenetic Capital Portfolio,          
• Market Capitalization: IDR 1.79 T
• Market : OGN/IDR

Origin Protocol (OGN) is a blockchain platform that aims to decentralize the sharing economy by enabling the creation of peer-to-peer markets and applications without intermediaries. The project leverages blockchain technology to enable more efficient, transparent, and affordable transactions between users. 

Origin Protocol provides the infrastructure for building a variety of decentralized applications (dApps), including trading platforms and services. OGN tokens are used as a means of payment in the Origin ecosystem, as well as to provide incentives to users and developers. 

With a focus on decentralization and transparency, Origin Protocol seeks to overhaul the traditional sharing economy model and introduce new ways of transacting and interacting directly.

Source: Bittime.com

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

2. Maneki (MANEKI)

• Percentage increase: 19.09%
• Sectors: Memes, Solana Ecosystem, Cat-Themed, 
• Market Capitalization: IDR 1.97 T
• Market : MANEKI/IDR

Maneki (MANEKI) is a cryptocurrency designed for a blockchain-based ecosystem of luck and gaming. Inspired by the Japanese symbol of good luck, Maneki Neko, the project aims to bring luck and fun to the digital world through games powered by blockchain. 

Maneki combines elements of gamification and luck, allowing users to participate in a variety of games and activities that offer rewards in the form of MANEKI tokens. 

Apart from being a gaming medium, the MANEKI token also functions as a medium of exchange in its ecosystem, creating an exciting and dynamic digital economy where luck and blockchain technology come together.

Source: Bittime.com

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

3. Ren (REN)

• Increase percentage: 17.17%
• Sectors: Marketplace, DeFi, Avalanche Ecosystem,
• Market Capitalization: IDR 1.21 T
• Market: REN/IDR

Ren (REN) is a decentralized protocol that enables interoperability between different blockchains, facilitating the transfer of crypto assets between different networks without the need for a third party. 

The project aims to increase the liquidity and accessibility of digital assets by allowing users to lock their assets on one blockchain and mint equivalent tokens on another blockchain, such as Bitcoin to Ethereum. The REN token is used as a utility token to secure the network and pay operational costs within the Ren ecosystem. 

With RenVM (Ren Virtual Machine) technology, Ren offers a secure and private cross-chain solution for decentralized applications, expanding the potential of DeFi and other blockchain applications.

Source: Bittime.com

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

4. Uniswap (UNI)

• Increase percentage: 14.08%
• Sectors: Decentralized Exchange (DEX) Token, DeFi, DAO,
• Market Capitalization: IDR 104 T
• Market: UNI/IDR

Uniswap (UNI) is a decentralized trading protocol operating on the Ethereum network, allowing users to exchange ERC-20 tokens without the need for an intermediary. 

As one of the largest decentralized exchanges (DEX), Uniswap uses an automated market maker (AMM) model where liquidity is provided by users depositing token pairs into a liquidity pool. These liquidity providers then earn a portion of the transaction fees in return. 

The UNI token is a governance token that allows its holders to participate in decision-making regarding developments and changes to the Uniswap protocol, making it more democratic and decentralized.

Source: Bittime.com

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

5. Cartesi (CTSI)

• Increase percentage: 13.92%
• Sectors: PoS, Platform, Cosmos Ecosystem, 
• Market Capitalization: IDR 3.11 T
• Market: CTSI/IDR

Cartesi (CTSI) is a blockchain platform that enables the development of decentralized applications (dApps) by leveraging efficient off-chain technology. 

Using Cartesi, developers can run complex code outside the blockchain using a complete Linux environment, which is then compiled and integrated into the blockchain securely. 

This reduces costs and increases scalability without sacrificing decentralization. Cartesi aims to bridge the gap between traditional software and smart contracts, enabling stronger and more feature-rich applications in the blockchain ecosystem.

Source: Bittime.com

Check today's  CTSI/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.