Crypto Market This Week August 16-23, 2024
2024-08-23
Bittime - Data based on crypto asset market prices on Bittime.com on 16-23 August 2024, 12.00 UTC+7.
Bitcoin price this week rose 4.75 percent over the last 7 days making it trade at the level of 60,640 US dollars.
The majority of the crypto market this week moved into the green zone. ETH was observed to increase by 2.20 percent over the last 7 days, and the price was at the level of 2,638 US dollars.
The next crypto, SOL rose 1.72 percent throughout the day so that the price was at the level of 144.69 US dollars. Meanwhile BNB, up 12.77 percent, traded at 581.79 US dollars.
Overall, this week's Crypto Fear and Greed Index based on the Coinmarketcap.com page shows an average of 48.45. This is a sign that the market is in a neutral phase with economic conditions and the crypto industry in the last 7 days.
Source: Cryptorank
Top Crypto Gainers This week
- KLAY up 34.04%
- MATIC naik 32.82%
- AVAX up 30.49%
- FET rose 29.66%
- BTT up 29.05%
The following is a detailed explanation of each cuan coin today.
1. Client (CLAY)
Increase percentage: 34.04%
Sector: Enterprise Solutions
Market Capitalization: IDR 10,013 T
Klaytn (KLAY) is a public blockchain platform designed to provide an easy and efficient user experience, with a focus on mass adoption of blockchain technology.
The project provides infrastructure that allows developers to build decentralized applications with high speed and scalability, while supporting a wide range of industries.
2. Polygon (MATIC)
Increase percentage: 32.82%
Sector: Enterprise Solutions
Market Capitalization: IDR 81,999 T
Market: MATIC/IDR
Polygon (MATIC) is a scaling platform for Ethereum designed to increase transaction speed and reduce gas fees with a Layer 2 solution.
This project allows developers to build more efficient and scalable decentralized applications while still operating on the Ethereum network.
Source: Bittime.com
Check the price chart MATIC/IDR today and the crypto market as a whole in real-time at Bittime.
3. Avalanche (AVAX)
Increase percentage: 30.49%
Sector: DeFi, Smart Contracts
Market Capitalization: IDR 165,263 T
Market: AVAX/IDR
Avalanche (AVAX) is a blockchain platform that offers high scalability and fast transactions using a unique consensus mechanism.
The project enables developers to create decentralized applications and custom blockchains with great flexibility and interoperability, all within a secure and efficient ecosystem.
Source: Bittime.com
Check the price chart AVAX/IDR today and the crypto market as a whole in real-time at Bittime.
4. Artificial Superintelligence Alliance (FET)
Increase percentage: 29.66%
Sector: AI & Big Data
Market Capitalization: IDR 41,383 T
Market: FET/IDR
The Artificial Superintelligence Alliance (FET) is a decentralized platform that combines artificial intelligence and blockchain technology to create autonomous and scalable digital markets.
This project enables AI agents to interact, transact, and collaborate in a secure and transparent network, creating an ecosystem where AI can develop autonomously.
Source: Bittime.com
Check the price chart FET/IDR today and the crypto market as a whole in real-time at Bittime.
5. BitTorrent New (BTT)
Increase percentage: 29.05%
Sector: Distributed Computing, File sharing
Market Capitalization: IDR 14,128 T
BitTorrent New (BTT) is a cryptocurrency that integrates blockchain technology with the BitTorrent protocol to increase the efficiency and speed of file distribution.
The project allows users to earn BTT tokens in exchange for sharing bandwidth and resources, creating a decentralized and faster data sharing ecosystem.
Top Crypto Losers This Week
- ZEC down 3.26%
- CASH fell 2.69%
- 2.27% of AKT round
- LTC down 1.96%
- TON down 1.71%
The following is a detailed explanation of each cuan coin today.
1. Zcash (ZEC)
Decline percentage: 3.26%
Sector: Medium of Exchange
Market Capitalization: IDR 10,377 T
Market: ZEC/IDR
Zcash (ZEC) is a cryptocurrency focused on privacy and security, using zk-SNARKs technology to enable completely anonymous transactions without compromising network integrity.
The project gives users the option to carry out open or hidden transactions, thereby keeping their identity and transaction details confidential.
Source: Bittime.com
Check the price chart ZEC/IDR today and the crypto market as a whole in real-time at Bittime.
2. Kaspa (KAS)
Decline percentage: 2.69%
Sector: Store of Value
Market Capitalization: IDR 61,279 T
Market: KAS/IDR
Kaspa (KAS) is a Layer 1 blockchain project that uses the GhostDAG protocol to achieve fast and efficient transaction confirmation.
With a focus on scalability without sacrificing decentralization, Kaspa enables secure and fast network development to support decentralized applications.
Source: Bittime.com
Check the price chart KAS/IDR today and the crypto market as a whole in real-time at Bittime.
3. Akash Network (AKT)
Decline percentage: 2.27%
Sector: AI & Big Data
Market Capitalization: IDR 9,683 T
Market: AKT/IDR
Akash Network (AKT) is a decentralized cloud platform that provides computing services at lower costs and without centralization, allowing developers to deploy applications more efficiently.
The project connects providers and users of computing services in a blockchain-based ecosystem, ensuring transparency and flexibility in the use of cloud resources.
Source: Bittime.com
Check the price chart AKT/IDR today and the crypto market as a whole in real-time at Bittime.
4. Litecoin (LTC)
Decline percentage: 1.96%
Sector: Medium of Exchange
Market Capitalization: IDR 74,514 T
Market: LTC/IDR
Litecoin (LTC) is a cryptocurrency designed to provide faster transactions and lower fees compared to Bitcoin, by using a different hashing algorithm.
As one of the oldest altcoins, Litecoin focuses on efficiency in digital payments, while maintaining network decentralization and security.
Source: Bittime.com
Check the price chart LTC/IDR today and the crypto market as a whole in real-time at Bittime.
5. Toncoin (TON)
Decline percentage: 1.71%
Sector: PoS, Layer 1
Market Capitalization: IDR 257,133 T
Market: TON/IDR
Toncoin (TON) is a cryptocurrency developed to support a decentralized application ecosystem on the Telegram Open Network network, with a focus on speed and scalability.
This project aims to provide efficient blockchain solutions for payments, smart contracts, and various digital services in the Telegram ecosystem.
Source: Bittime.com
Check the price chart TON/IDR today and the crypto market as a whole in real-time at Bittime.
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