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Crypto Market Today 08 June 2024

Updated

Bittime - Data based on crypto asset market prices on Bittime.com on June 08, 2024, 12.00 WIB

Today's Bitcoin price fell 2.53 percent over the last 24 hours making it trade at IDR 1,128 T.

The majority of the crypto market today is moving into the red zone. ETH was observed to experience a decline of 5.34 percent over the last 24 hours, bringing its price to IDR 59,973 million. 

The next crypto, SOL fell 0.14 percent throughout the day so that the price was at the level of IDR 2,642 million. Meanwhile BNB, down 3.21 percent, traded at IDR 11,133 million.

Overall, today's Crypto Fear and Greed Index based on the Alternative.me page shows 72. 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. MEW rose 20.38%
  2. PONKE up 9.99%
  3. HIGH rose 9.13%
  4. FIL rose 7.37%
  5. KNC rose 5.92%

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

1. Cat in a Dog World (MEW)

  • Increase percentage: 20.38%
  • Sectors: Memes, Solana Ecosystem, Doggone Doggerel,
  • Market Capitalization: IDR 7.96 T
  • Market : MEW/IDR

Cat in a Dog World (MEW) is a crypto token used in a blockchain-based game ecosystem with a unique theme where cats try to survive in a world dominated by dogs. 

MEW tokens serve as in-game currency, allowing players to purchase items, characters, and upgrades that can help them in the game. Additionally, MEW can be used to participate in transactions in in-game markets, as well as earn rewards and incentives through playing activities. 

By leveraging blockchain technology, Cat in a Dog World gives players real ownership of digital assets, increasing engagement and participation in the game's ecosystem.

Source: Bittime.com

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

2. Ponke (PONKE)

  • Increase percentage: 9.99%
  • Sectors: Memes, Solana Ecosystem,
  • Market Capitalization: IDR 2.97 T
  • Market : PONKE/IDR

Ponke (PONKE) is a cryptocurrency designed to offer fast transactions and low fees by utilizing advanced blockchain technology. The project focuses on decentralization and security, and seeks to create a more inclusive financial ecosystem for users around the world. 

With features such as smart contracts and integration with various DeFi platforms, PONKE aims to be a versatile solution for digital transactions and crypto investments. Additionally, the PONKE community is active in supporting the development and adoption of blockchain technology through various educational initiatives and collaborations with other projects.

Source: Bittime.com

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

3. Highstreet (HIGH)

  • Increase percentage: 9.13%
  • Sectors: VR/AR, Ethereum Ecosystem, Binance Launchpool,
  • Market Capitalization: IDR 6.42 T
  • Market: HIGH/IDR

Highstreet (HIGH) is a crypto token used in Highstreet, a blockchain-based virtual ecosystem that combines elements of e-commerce, gaming, and metaverse experiences. 

HIGH tokens function as currency within the platform, allowing users to buy and sell virtual products as well as real goods in an immersive digital environment. In addition, HIGH is used to gain access to various premium features and services within the Highstreet ecosystem, including virtual property ownership and participation in economic activities in the metaverse world. 

By utilizing blockchain technology, Highstreet provides transparent and secure transactions, as well as providing decentralized digital ownership to its users.

Source: Bittime.com

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

4. Filecoin (FIL)

  • Increase percentage: 7.37%
  • Sectors: Storage, Polychain Capital Portfolio, Blockchain Capital Portfolio, BoostVC Portfolio,
  • Market Capitalization: IDR 57.53 T
  • Market: FIL/IDR

Filecoin (FIL) is the cryptocurrency used on the Filecoin network, a decentralized storage platform that allows users to rent out their computer storage space and earn rewards in the form of FIL. 

Developed by Protocol Labs, Filecoin leverages blockchain technology to provide a more secure, efficient, and decentralized data storage solution compared to traditional storage services. 

With a network spread across the globe, Filecoin aims to create a more affordable data storage market and reduce dependence on centralized storage service providers. The project also supports innovation in data storage and has great potential to change the way data is stored and accessed globally.

Source: Bittime.com

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

5. Kyber Network Crystal V2 (KNC)

  • Increase percentage: 5.92%
  • Sectors: Marketplaces, Decentralized Exchange (DEX) Tokens, DeFi, 
  • Market Capitalization: IDR 2.22 T
  • Market: KNC/IDR

Kyber Network Crystal V2 (KNC) is a utility token used in the Kyber Network ecosystem, a decentralized liquidity protocol that enables instant, low-cost exchange of digital assets across a variety of DeFi applications. 

KNC plays an important role in connecting liquidity from various sources to provide competitive prices and minimize slippage. With the upgrade to version V2, Kyber Network introduces new features such as a dynamic liquidity model and incentives for liquidity providers, thereby increasing efficiency and participation in the ecosystem. 

Additionally, KNC is also used for staking and participating in network governance, giving token holders a voice in decision-making regarding protocol developments and changes.

Source: Bittime.com

Check today's  KNC/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.

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