Crypto Market Today June 11, 2024

Bittime -Data based on crypto asset market prices on Bittime.com on June 11, 2024, 12.00 WIB

Bitcoin price today fell 2.39 percent over the last 24 hours making it trade at 67,986 US dollars.

The majority of the crypto market today is moving into the red zone. ETH was observed to have fallen by 3.42 percent over the last 24 hours, and the price was at the level of 3,564 US dollars. 

The next crypto, SOL fell 3.79 percent throughout the day so that the price was at the level of 154.44 US dollars. Meanwhile BNB, down 7.08 percent, traded at 620.62 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. DEFI up 18.23%
2. MICHI rose 17.96%
3. GNO rose 7.96%
4. TRUMP up 7.63%
5. NEON rose 6.04%

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

1. DeFi (DEFI)

• Increase percentage: 18.23%
• Sectors: DeFi, DApp, Launchpad
• Market Capitalization: IDR 39,706 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. Michi (MICHI)

• Increase percentage: 17.96%
• Sectors: Memes, Solana Ecosystem, Cat-themed
• Market Capitalization: IDR 2,049 T 
• Market: MICHI/IDR

Michi (MICHI) is a crypto project focused on developing a blockchain-based decentralized gaming and entertainment ecosystem. By using MICHI tokens, users can participate in various games, purchase in-game items, and earn rewards.

The Michi platform incorporates blockchain technology to ensure safe and transparent transactions and create a community that interacts through gaming activities. The project aims to combine the worlds of entertainment and blockchain technology, providing innovative gaming experiences and new economic opportunities for players.

Source: Bittime.com

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

3. Gnosis (GNO)

• Increase percentage: 7.96%
• Sector: Services, DEX Token, DeFi
• Market Capitalization: IDR 14,738 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. MAGA (TRUMP)

• Increase percentage: 7.63%
• Sector: Political memes, Solana Ecosystem
• Market Capitalization: IDR 8,899 T
• Market: TRUMP/IDR

MAGA (TRUMP) is a crypto project inspired by the political movement "Make America Great Again" and uses the TRUMP token as its transaction unit. The project aims to build a blockchain-based community that supports MAGA's values ​​and vision, with various applications and incentives for its members.

TRUMP tokens are used for various activities in the ecosystem, including trading, donations, and participation in community events. The project combines political elements and blockchain technology to create a platform that supports engagement and interaction among its supporters.

Source: Bittime.com

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

5. Neon EVM (NEON)

• Increase percentage: 6.04%
• Sector: Interoperability, Solana ecosystem
• Market Capitalization: 743,311 M
• Market: NEON/IDR

Neon EVM (NEON) is a crypto project that delivers an Ethereum virtual machine (EVM) optimized to improve scalability and performance in the blockchain ecosystem. With a focus on increasing transaction throughput and reducing gas fees, Neon EVM enables developers to build and run decentralized applications more efficiently.

Through the use of sidechain technology and off-chain solutions, the project aims to overcome the main obstacles faced by the Ethereum network currently. In doing so, Neon EVM seeks to accelerate the adoption of blockchain technology by providing a more scalable and cost-effective solution for developers.

Source: Bittime.com

Check today's  NEON/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.