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Crypto Market Today June 16 2024

Updated

Bittime - Data based on crypto asset market prices on Bittime.com on June 16 2024, 12.00 WIB

Today's Bitcoin price fell 0.13 percent over the last 24 hours making it trade at the level of IDR 1,089 T.

The majority of the crypto market today is moving into the Red zone. ETH was observed to have increased by 1.37 percent over the last 24 hours, bringing the price to IDR 58,518 million. 

The next crypto, SOL fell 0.64 percent throughout the day so that the price was at the level of IDR 2,362 million. Meanwhile BNB, down 0.42 percent, traded at IDR 9,935 million.

Overall, today's Crypto Fear and Greed Index based on the Alternative.me page shows 71. 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. 10000PORK up 25.00%
  2. CUAN rose 22.00%
  3. CRV rose 11.54%
  4. CPOOL rose 8.76%
  5. USTC up 8.14%

 

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

1. PepeFork (1000PORK)

  • Increase percentage: 25.00%
  • Sectors: Memes, Ethereum Ecosystem,
  • Market Capitalization: IDR 1.35 T
  • Market : 10000PORK/IDR

PepeFork (PORK) is a cryptocurrency that emerged as a parody of the meme token trend in the crypto ecosystem, inspired by the meme character Pepe the Frog. Although initially created as a joke, PepeFork managed to attract the attention of the crypto community by offering unique features such as an automatic redistribution mechanism and token burning aimed at increasing the value of PORK tokens over time. 

Additionally, a solid and active community plays a big role in promoting and expanding the adoption of this token. PepeFork is also frequently involved in charity projects and social activities, showing that despite its humorous origins, this token has the goal of making a positive impact. 

With a light yet innovative approach, PepeFork creates an ecosystem that combines entertainment with investment opportunities.

Source: Bittime.com

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

2. Cuan.Swap.com (CUAN)

  • Increase percentage: 22.00%
  • Sector: Decentralized Exchange (DEX) Token, 
  • Market Capitalization: R15.88 B
  • Market : CUAN/IDR

Cuan.Swap.com (CUAN) is a decentralized exchange (DEX) platform focused on the Asian market, allowing users to exchange various cryptocurrencies quickly and safely without intermediaries. Using blockchain technology and smart contracts, Cuan.Swap.com ensures transparent transactions and lower fees than traditional exchanges. 

The CUAN token functions as a utility token in its ecosystem, providing incentives to liquidity providers and offering other benefits such as transaction fee discounts and voting rights in platform governance. With a focus on ease of use and support for a wide range of digital assets, Cuan.Swap.com aims to be the top choice for crypto traders in Asia.

Source: Bittime.com

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

3. Curve DAO Token (CRV)

  • Increase percentage: 11.54%
  • Sectors: Decentralized Exchange (DEX) Token, DeFi, DAO,
  • Market Capitalization: IDR 6.57 T
  • Market: CRV/IDR

Curve DAO Token (CRV) is the utility and governance token of Curve Finance, a DeFi platform specializing in low-slippage, low-fee stablecoin exchanges. 

CRV is used to incentivize liquidity providers on the Curve platform and allow holders to participate in decision-making through a decentralized governance system. 

By locking CRV for a certain period of time, users can increase their voting rights and earn higher rewards. Curve Finance has become an important component in the DeFi ecosystem, thanks to its efficiency in facilitating stablecoin trading and high liquidity.

Source: Bittime.com

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

4. Clearpool (CPOOL)

  • Increase percentage: 8.76%
  • Sector: DeFi. Real World Assets,
  • Market Capitalization: IDR 1.5 T
  • Market: CPOOL/IDR

Clearpool (CPOOL) is a DeFi (Decentralized Finance) platform that aims to provide a decentralized lending marketplace for institutional borrowers and individual lenders. 

Using the CPOOL token as its utility token, Clearpool allows users to earn rewards through staking and participation in the protocol. Institutional borrowers can access liquidity quickly and efficiently, while lenders can choose the risk level that suits their profile through a transparent lending mechanism supported by blockchain technology. 

Clearpool strives to provide more flexible and open lending solutions, while reducing dependence on traditional financial systems.

Source: Bittime.com

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

5. TerraClassicUSD (USTC)

  • Increase percentage: 8.14%
  • Sectors: Cosmos Ecosystem, Stablecoin, Algorithmic Stablecoin, 
  • Market Capitalization: IDR 2.07 T
  • Market: USTC/IDR

TerraClassicUSD (USTC) is a stablecoin that was originally designed to maintain equal value to the US dollar. As part of the Terra ecosystem, USTC uses algorithms and balancing mechanisms through its companion token, Luna, to maintain price stability. 

However, in May 2022, USTC underwent significant de-pegging, causing the value of this stablecoin to fall well below one dollar. This incident had a major impact on the crypto market, sparking discussions about the stability and risks of algorithmic stablecoins. 

USTC is now known as TerraClassicUSD after rebranding from TerraUSD (UST) due to the incident.

Source: Bittime.com

Check today's USTC/IDR price chart and the entire crypto market 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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