Crypto Market Today October 2, 2024

Bittime - Data based on crypto asset market prices on Bittime.com on October 2, 2024, 12.00 UTC+7.

Bitcoin Price Today down 3.57 percent over the last 24 hours making it trade at 61,507 US dollars.

The majority of the crypto market today is moving into the red zone. ETH was observed to have fallen by 5.93 percent over the last 24 hours, and its price was at the level of 2,486 US dollars. 

The next crypto, SOL fell 5.77 percent during the day so that the price was at the level of 146.68 US dollars. Meanwhile BNB, down 4.56 percent, traded at 553.32 US dollars.

Overall, today's Crypto Fear and Greed Index based on the Coinmarketcap.com page shows the number 39. This is a sign that the market is in the Fear phase with the current economic conditions and crypto industry. 

Source: Cryptorank

The Best Performing Coin on Bittime

1. DEGEN up 79.81%

2. DIA up 23.77%

3. USTC up 10.09%

4. DEGO up 7.78%

5. MASK up 5.06%

The following is a detailed explanation of each coin today. 

1. DEGEN (DEGEN)

Increase percentage: 79.81%

Sector: Memes

Market Capitalization: IDR 2,074 T

Market: DEGEN/IDR 

DEGEN (DEGEN) is a community-focused crypto project with the goal of building a decentralized ecosystem that supports various DeFi and NFT applications. The project emphasizes financial freedom through community participation, by providing incentives to its users. 

DEGEN also offers a governance mechanism that allows token holders to influence future project development. With a community-centric approach, DEGEN aims to create an inclusive and dynamic ecosystem.

Source: Bittime.com

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

2. DIA (DIA)

Increase percentage: 23.77%

Sector: AI & Big Data, Web3

Market Capitalization: IDR 1,296 T

Market: DIA/IDR

DIA (Decentralized Information Asset) is an open-source oracle platform that provides verified financial data for the DeFi ecosystem. This project aims to connect data from various sources transparently and securely through smart contracts, enabling accurate data access for blockchain applications. 

By utilizing crowdsourcing, DIA ensures the quality and validity of data collected from various financial market sources. The platform supports a variety of digital assets, including crypto, to ensure data integrity and reliability in the decentralized finance sector.

Source: Bittime.com

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

3. TerraClassicUSD (USTC)

Increase percentage: 10.09%

Sector: Stablecoins

Market Capitalization: IDR 2,121 T

Market: USTC/IDR

TerraClassicUSD (USTC) is a stablecoin developed as part of the Terra ecosystem, designed to maintain a stable value at par with the US dollar. Using a special algorithm, USTC maintains its price stability through a mint-and-burn mechanism involving the Luna token (LUNA). 

This stablecoin can be used in various DeFi, payment, and trading applications within the Terra ecosystem. TerraClassicUSD aims to provide a stable and stable payment solution reliable in the crypto world, supporting wider adoption of blockchain technology.

Source: Bittime.com

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

4. Dego Finance (DEGO)

Increase percentage: 7.78%

Sector: Collectibles & NFTs

Market Capitalization: IDR 608,070 M

Market: DEGO/IDR

Dego Finance (DEGO) is a crypto project that combines elements of DeFi with NFTs. The project provides a modular platform for the development of DeFi applications as well as offering incentives to users through staking and liquidity mechanisms. 

DEGO also allows users to create and trade NFTs, as well as participate in ecosystem governance. With its innovative approach, Dego Finance aims to expand the adoption of DeFi and NFTs in the blockchain industry.

Source: Bittime.com

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

5. Mask Network (MASK)

Increase percentage: 5.06%

Sector: Communications & Social Media, Web3

Market Capitalization: IDR 3,830 T

Market: MASK/IDR

Mask Network (MASK) is a crypto project that allows users of social media such as Twitter and Facebook to interact in a decentralized manner with Web3 features. The platform provides services such as crypto payments, NFT purchases, and encryption of direct messages on social networks. 

Mask Network aims to bridge Web2 and Web3, providing more privacy and control to internet users. With the integration of crypto and social media, the project supports wider blockchain adoption.

Source: Bittime.com

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

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