Crypto Market Today, July 26 2024
2024-07-26
Bittime – Data based on crypto asset market prices on Bittime.com on July 26 2024, 12.00 WIB
Today's Bitcoin price has increased by 4.40 percent over the last 24 hours and is trading at the level of 66,984 US dollars.
Today's crypto ecosystem is experiencing an upswing, the majority of coins are moving into the green price zone. ETH also experienced an increase of 2.82 percent over the last 24 hours and the price was at the level of 3,264 US dollars.
The next crypto, SOL rose by 4.16 percent during the day so that the price was at the level of 177.48 US dollars. BNB also experienced an increase of 3.04 percent, trading at 579.50 US dollars.
Today's Crypto Fear and Greed Index based on the Alternative.me page is at 68. This is a sign that the market is in a greed phase with the current economic conditions and crypto industry.
Sumber: Cryptorank
While the majority of coin prices are in the red, here are the cash coins that are experiencing the best performance and price increases on Bittime:
- ONE up 20.04%
- 1000SATS up 18.15%
- GHOST up 17.22%
- AERO up 16.22%
- HOOK up 13.19%
The following is a detailed explanation of each cuan coin today.
1. Uma (UMA)
- Increase percentage: 20.04%
- Sector: DeFi, Derivatives, Oracles
- Market Capitalization: IDR 3.46 T
- Market: UMA/IDR
Uma (UMA) is a decentralized finance (DeFi) platform that enables the creation and trading of synthetic assets on the blockchain.
Synthetic assets are financial instruments that imitate the value of another asset, such as shares, commodities, or currencies, without the need to own the underlying asset.
UMA, which stands for Universal Market Access, aims to provide fair and open access to global financial markets by leveraging blockchain technology.
The technology used by UMA allows anyone to create smart contracts that issue and manage synthetic assets. Using UMA, users can create assets that track the value of various indices, currencies, or commodities.
These smart contracts are also designed to ensure transparency and reliability, with security mechanisms that reduce the risk of fraud and ensure that the value of synthetic assets remains consistent with the assets they track.
Check the price chart UMA/IDR today and the crypto market as a whole in real-time at Bittime.
2. 1000SATS (1000SATS)
- Increase percentage: 18.15%
- Sector: Bitcoin Ecosystem, BRC-20, Inscriptions
- Market Capitalization: IDR 11.28 T
- Market: 1000SATS/IDR
1000SATS (1000SATS) is a cryptocurrency designed to facilitate Bitcoin transactions in smaller denominations, namely the unit "satoshi." Satoshi is the smallest unit of Bitcoin, where one Bitcoin is equivalent to 100 million satoshi.
With 1000SATS, users can transact amounts of 1000 satoshi, making Bitcoin transactions more practical and accessible to everyday users who may find it difficult to use Bitcoin in large amounts or with complicated decimal numbers.
The use of 1000SATS provides convenience in micro transactions, which are important for everyday applications such as purchasing goods and services of small value.
Additionally, by adopting 1000SATS, users can more easily understand and manage their transactions without having to deal with complex decimal numbers.
This makes 1000SATS an effective tool to increase Bitcoin adoption among the general public, especially for those who are new to the world of cryptocurrency.
Check the price chart 1000SATS/IDR today and the crypto market as a whole in real-time at Bittime.
3. Aave (AAVE)
- Increase percentage: 17.22%
- Sector: DeFi, DAO, Yield Farming
- Market Capitalization: IDR 24.94 T
- Market: AAVE/IDR
Aave (AAVE) is a decentralized finance (DeFi) protocol that allows users to lend and borrow crypto assets without the need for traditional intermediaries, such as banks. This protocol is built on the Ethereum blockchain and uses smart contracts to automate and secure transactions.
Aave provides a liquidity marketplace where users can deposit their crypto assets into liquidity pools and earn interest in return. Borrowers can borrow assets from this pool by providing collateral in the form of other crypto assets.
One of Aave's superior features is "flash loans", which allow users to borrow assets without collateral as long as the loan is returned in the same blockchain transaction.
This feature opens up a wide range of possibilities for arbitrage, refinancing, and other complex DeFi strategies. Additionally, Aave also offers various types of loans with fixed and variable interest rates, providing more flexibility for borrowers and lenders.
Check the price chart AAVE/IDR today and the crypto market as a whole in real-time at Bittime.
4. Aerodrome Finance (AERO)
- Increase percentage: 16.22%
- Sector: DeFi, AMM
- Market Capitalization: IDR 8.11 T
- Market: AERO/IDR
Aerodrome Finance (AERO) is a decentralized finance (DeFi) platform that aims to provide efficient and decentralized financial solutions.
Using blockchain technology, Aerodrome Finance allows users to participate in various financial activities such as staking, yield farming and lending without the need for traditional intermediaries.
The platform is designed to increase the accessibility and efficiency of financial services, offering lower transaction costs and faster processing compared to conventional financial systems. Aerodrome Finance (AERO) uses a native token called AERO to power its ecosystem.
This token is used as a means of payment on the platform, as well as providing incentives for users who participate in financial activities on Aerodrome Finance. For example, users can earn AERO rewards by staking or providing liquidity into a liquidity pool.
Additionally, the AERO token also plays an important role in platform governance, allowing token holders to vote on proposals that influence the direction of Aerodrome Finance's development.
Check the price chart AERO/IDR today and the crypto market as a whole in real-time at Bittime.
5. Hooked Protocol (HOOK)
- Increase percentage: 13.19%
- Sector: Education, AI & Big Data, Gaming
- Market Capitalization: IDR 1.57 T
- Market: HOOK/IDR
Hooked Protocol (HOOK) is a decentralized finance (DeFi) platform that aims to facilitate the widespread adoption of cryptocurrencies through gamification and incentive mechanisms.
Hooked Protocol uses an innovative approach to attract new users to the world of DeFi by providing an interactive and entertaining experience.
Through a variety of exciting features and games, users can learn about DeFi, earn HOOK tokens, and start participating in the crypto ecosystem in a fun and easy-to-understand way.
The HOOK token is the native crypto asset of the Hooked Protocol that is used for various purposes within the ecosystem. Users can earn HOOK tokens in exchange for their participation in activities on the platform, such as playing educational games, completing challenges, or participating in staking.
In addition, HOOK tokens are also used as a means of payment within the platform, as well as giving token holders voting rights in protocol governance decisions. As such, HOOK holders have a direct influence on the development and future direction of the Hooked Protocol.
Check the price chart HOOK/IDR today and the crypto market as a whole in real-time at Bittime.
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