Crypto Market Today May 28, 2024

Bittime - Data based on crypto asset market prices on Bittime.com on May 28, 2024, 12.00 WIB

Today's Bitcoin price fell 1.47 percent over the last 24 hours making it trade at 67,771 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 its price was at the level of 3,834 US dollars. 

The next crypto, SOL fell 0.09 percent throughout the day so that the price was at the level of 165.59 US dollars. Meanwhile BNB, down 1.32 percent, traded at 596.11 US dollars.

Overall, today's Crypto Fear and Greed Index based on the Alternative.me page shows the number 72. 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. DEFI up 31.66%
2. HIGH rose 24.24%
3. MEW rose 16.59%
4. DAR rose 15.86%
5. TRU rose 12.14%

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

1. DeFi (DEFI)

• Increase percentage: 31.66%
• Sectors: DeFi, DApp, Launchpad
• Market Capitalization: IDR 31,689 B
• Market: DEFI/IDR

DeFi (DEFI) is a crypto project that aims to create a decentralized financial ecosystem that functions without traditional intermediaries such as banks. By using smart contracts on the blockchain, DeFi allows users to carry out various financial activities, such as lending, trading, and staking, with greater transparency and efficiency.

DEFI tokens are used in this ecosystem for various functions, including payment of transaction fees and participation in platform governance. The project aims to make financial services more open, accessible and decentralized, giving users full control over their assets.

Source: Bittime.com

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

2. Highstreet (HIGH)

• Increase percentage: 24.24%
• Sectors: VR/AR, Metaverse
• Market Capitalization: IDR 4,896 T 
• Market: HIGH/IDR

Highstreet (HIGH) is a crypto project that aims to facilitate the integration and adoption of cryptocurrencies in the retail trading ecosystem. With a focus on speeding up transactions and reducing costs, Highstreet uses blockchain technology to provide secure and efficient payment solutions for customers and merchants.

Through its platform, Highstreet also allows users to get rewards and cashback in the form of HIGH tokens when shopping at their partners. In doing so, the project seeks to expand the use of crypto assets in everyday transactions, encouraging wider mass adoption.

Source: Bittime.com

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

3. Cat in a dogs world (MEW)

• Increase percentage: 16.59%
• Sectors: Memes, Cat-themed, Solana Ecosystem
• Market Capitalization: IDR 5,498 T
• Market: MEW/IDR

Cat in a dogs world (MEW) is a crypto project that combines digital art with blockchain technology to create a unique collection of NFTs based on cat characters. The project allows users to buy, sell, and trade unique cat NFTs, each with a distinctive design and story.

MEW tokens are used in this ecosystem for transactions and as incentives for creators and collectors. With a focus on creativity and community, the project aims to combine art and technology, creating a space where users can enjoy and monetize their digital artwork.

Source: Bittime.com

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

4. Mines of Dalarnia (DAR)

• Increase percentage: 15.86%
• Sectors: Gaming, Collectibles & NFTs
• Market Capitalization: IDR 1,581 T
• Market: DAR/IDR

Mines of Dalarnia (DAR) is a crypto project that offers a blockchain-based game where players can explore mines, collect resources and improve their character's skills. In this decentralized gaming world, players can buy, sell, and trade in-game assets using DAR tokens.

DAR tokens are also used for purchasing in-game items and to gain access to premium features. The project aims to combine entertainment with blockchain technology, providing an engaging gaming experience while offering real economic opportunities for players.

Source: Bittime.com

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

5. TrueFi (TRU)

• Increase percentage: 12.14%
• Sectors: DeFi, Yield Farming, RWA
• Market Capitalization: IDR 3,249 T
• Market: TRU/IDR

TrueFi (TRU) is a crypto project that provides a collateral-free decentralized lending platform, allowing lenders to earn returns from verified borrowers. By leveraging blockchain technology, TrueFi ensures transparency and security in the lending process, as well as using TRU tokens for governance and staking.

TRU tokens give their holders voting rights in important decisions regarding the platform. The project aims to create a more efficient and open lending market, connecting borrowers and lenders directly without traditional intermediaries.

Source: Bittime.com

Check today's  TRU/IDR price chart and the overall crypto market 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.