Crypto Market Today, July 8 2024

Bittime – Data based on crypto asset market prices on Bittime.com on July 8, 2024, 12.00 WIB

Today's Bitcoin price fell 4.12 percent over the last 24 hours and traded at the level of 55,399 US dollars.

Today's crypto ecosystem is surging down. Most of the day the crypto market moves into the red zone. ETH was observed to have fallen by 4.02 percent over the last 24 hours, and its price was at the level of 2,912 US dollars. 

The next crypto, SOL fell 5.54 percent during the day so the price was at the level of 132.45 US dollars. Meanwhile BNB, down 2.31 percent, traded at 500.46 US dollars.

Overall, today's Crypto Fear and Greed Index based on the Alternative.me page shows the number 28, the lowest figure in the last year. This is a sign that the market is in a fear phase regarding the current economic conditions and crypto industry. 

Sumber: Cryptorank

While the majority of coin prices are in the red, the following are the cash coins that are experiencing the best performance and price increases on Bittime:

1. 1000SATS up 25.81%
2. SAGA rose 21.35%
3. ELF up 17.64%
4. 10000PORK up 12.5%
5. TNSR up 10.56%

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

1. 1000SATS (1000SATS)

• Increase percentage: 25.81%
• Sector: BRC-20, Inscriptions
• Market Capitalization: IDR 5.41 T
• Market: 1000SATS/IDR

1000SATS (1000SATS) is a BRC-20 token that refers to satoshi, the smallest unit of Bitcoin. Each SATS represents one satoshi, which is 0.00000001 BTC. Thus, 1000 SATS is one thousand times one satoshi.

1000SATS has gained attention in the crypto market with various significant price changes.

For example, in the last 24 hours, the price of 1000SATS reached $0.000158 USD, with a market capitalization of approximately $330.75 million USD and a daily trading volume of $196.79 million USD​.

Over the past 30 days, the price of 1000SATS has decreased by approximately 47.7%, indicating the volatility that is common in the crypto market​​. The maximum supply of this token is 2.1 trillion SATS​.

For more information about 1000SATS, you can visit CoinGecko or Binance for the latest price data and price movement history.

Check the price chart 1000SATS/IDR today and the crypto market as a whole in real-time at Bittime.

2. Saga (SAGA)

• Percentage increase: 21.35%
• Sector: Gaming, Entertainment, Binance Launchpool
• Market Capitalization: IDR 2.01 T
• Market: SAGA/IDR

Saga (SAGA) is a blockchain protocol designed to help developers easily create and manage their own custom blockchains called “chainlets”.

Saga aims to provide unlimited horizontal scale for developers through the use of parallel running chainlets, so applications can achieve peak performance and speed without competing with each other for resources.

Saga Mainnet is a fully decentralized proof-of-stake chain that uses Tendermint consensus for security.

Saga supports developers by providing tools for validator orchestration, ensuring that validators can manage and process thousands of chainlets running simultaneously in Saga. Saga's initial focus is on gaming and entertainment, but DeFi applications are also supported.

Saga has also partnered with projects such as Polygon, Avalanche, and Celestia to expand their infrastructure using Saga chainlets.

SAGA tokens have a maximum supply of 1 billion tokens, with an initial circulating supply of 90 million tokens.

These tokens are used for various purposes in the Saga ecosystem, including incentives for developers and stakers from the Cosmos, Polygon, Avalanche, and Celestia communities.

Check the price chart SAGA/IDR today and the crypto market as a whole in real-time at Bittime.

3. Aelf (ELF) 

• Percentage increase: 17.64%
• Sector: Marketplace, Enterprise Solutions, Arrington XRP Capital Portfolio
• Market Capitalization: IDR 4.94 T
• Market: ELF/IDR

Aelf (ELF) is a blockchain project based in Singapore, which aims to become a new internet infrastructure that supports the next generation of digital businesses.

Aelf offers a customizable operating system for blockchains, enabling scalability and extensibility through a multi-layer branched structure consisting of a main chain and multiple levels of side chains.

Aelf consists of one main chain and several side chains that run smart contracts on its platform. The main chain functions as the backbone of the system and can interact with external chains.

Each side chain is dedicated to a specific type of smart contract, thereby increasing processing efficiency by distributing different tasks across multiple chains.

Aelf allows shareholders to approve changes to the protocol, including redefining the consensus protocol.

This allows side chains to join or leave the main chain dynamically based on the consensus protocol, encouraging competition and providing incentives to improve side chains.

Aelf is focusing on several industries as early adopters, including digital identity, financial services, internet of Things (IoT), insurance, and smart cities. The project has attracted interest from various institutional investors and has established several strategic partnerships​.

Check the price chart ELF/IDR today and the crypto market as a whole in real-time at Bittime.

4. Pepefork (10000PORK)

• Increase percentage: 12.5%
• Sector: Memes, Ethereum Ecosystem
• Market Capitalization: IDR 5.51 B
• Market: 10000PORK/IDR

PepeFork (PORK) is a crypto token inspired by the famous meme character, Pepe the Frog.

The name "PepeFork" combines elements of this internet meme with the concept of "fork" in the context of blockchain, indicating a fork or change from the original meme.

This token is designed to celebrate creativity, innovation, and various interpretations of the Pepe meme in the digital asset space.

PepeFork has a total supply of 420.69 trillion tokens and is distributed through various platforms such as Uniswap and LBank.

With a market capitalization of around $38.49 million, the token has experienced quite significant price fluctuations since its launch.

PepeFork Community focuses on building a strong community and aggressive marketing campaigns to increase user adoption and engagement​.

Check the price chart 10000PORK/IDR today and the crypto market as a whole in real-time at Bittime.

5. Tensor (TNSR)

• Percentage increase: 10.56%
• Sector: Collectibles & NFTs, Solana Ecosystem
• Market Capitalization: IDR 8.89 B
• Market: TNSR/IDR

Tensor (TNSR) is a digital token designed for use in blockchain-based ecosystems. It is one of the many tokens that can be traded on various crypto exchange platforms.

Tensor has a maximum total supply of 1 billion TNSR, with approximately 125 million TNSR currently on the market.

Like many other cryptocurrencies, Tensor exhibits high volatility, which can provide significant profit opportunities for traders but also carries high risks.

Tensor is designed to support various applications and services within the blockchain ecosystem. Its high volatility makes it attractive to investors who are risk-tolerant and have both short and long-term investment goals. However, it is important to always do research and risk analysis before investing.

Tensor's future prospects depend on various factors including developments in blockchain technology, adoption by users, and overall market conditions. Therefore, it is important to stay up to date with the latest news and analysis about Tensor.

By understanding the characteristics and potential of Tensor, investors can make better decisions about whether to invest in this cryptocurrency or not.

Check the price chart TNSR/IDR today and the crypto market as a whole in real-time at Bittime.

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