Crypto Market This Week August 2-9, 2024
2024-08-09
Bittime - Data based on crypto asset market prices on Bittime.com on August 2-9, 2024 12.00 WIB.
Bitcoin price this week down 4.89 percent over the last 7 days making it trade at 61,287 US dollars.
The majority of the crypto market this week is moving towards the red zone. ETH was observed to have fallen by 14.79 percent over the last 7 days, and the price was at the level of 2,696 US dollars.
The next crypto, SOL fell 3.31 percent during the day so that the price was at the level of 158.81 US dollars. Meanwhile BNB, down 9.84 percent, traded at 515.07 US dollars.
Overall, this week's Crypto Fear and Greed Index based on the Coinmarketcap.com page shows an average of 56.4. 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
- ZEC up 22.78%
- SUI naik 21.69%
- HNT rose 19.27%
- TAO rose 6.35%
- TIA rose 4.87%
The following is a detailed explanation of each cuan coin today.
1. Zcash (ZEC)
Increase percentage: 22.78%
Sector: Medium of Exchange, Privacy
Market Capitalization: IDR 9,567 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. Sui (SUI)
Increase percentage: 21.69%
Sector: Binance Launchpool, Layer 1
Market Capitalization: IDR 34,241 T
Market: SUI/IDR
Sui (SUI) is a Layer 1 blockchain platform designed to provide high scalability and transaction efficiency, using an object-based consensus mechanism.
This project offers a fast and cheap solution for the development of DApp with a focus on user experience and security.
Source: Bittime.com
Check the price chart SUI/IDR today and the crypto market as a whole in real-time at Bittime.
3. Helium (HNT)
Increase percentage: 19.27%
Sector: IoT, DePIN
Market Capitalization: IDR 15,463 T
Market: HNT/IDR
Helium (HNT) is a decentralized network that leverages IoT (Internet of Things) devices to build a global wireless communications infrastructure.
This project allows users to earn HNT tokens in exchange for providing and expanding network coverage using Helium Hotspot devices.
Source: Bittime.com
Check the price chart HNT/IDR today and the crypto market as a whole in real-time at Bittime.
4. Bittensor (TAO)
Increase percentage: 6.35%
Sector: AI & Big Data, DePIN
Market Capitalization: IDR 35,488 T
Market: PEOPLE/IDR
Bittensor (TAO) is a decentralized network that aims to combine artificial intelligence (AI) and blockchain, allowing contributors to train and share AI models while earning rewards in the form of TAO tokens.
This project creates an ecosystem where AI knowledge can be collaborated globally, with fair incentives for all contributing parties.
Source: Bittime.com
Check the price chart PEOPLE/IDR today and the crypto market as a whole in real-time at Bittime.
5. Celestia (TIA)
Increase percentage: 4.87%
Sector: Modular Blockchain
Market Capitalization: IDR 18,168 T
Market: TIA/IDR
Celestia (TIA) is a modular blockchain that decouples consensus and data availability, allowing developers to launch custom blockchains without having to build their own consensus infrastructure.
This project aims to increase scalability and flexibility in the blockchain ecosystem by supporting multiple application chains connected simultaneously.
Source: Bittime.com
Check the price chart TIA/IDR today and the crypto market as a whole in real-time at Bittime.
Top Crypto Losers This Week
- LDO fell 26.58%
- BEAM down 24.19%
- MKR down 24.07%
- FET down 22.57%
- GALA down 20.60%
The following is a detailed explanation of each cuan coin today.
1. Lido DAO (LDO)
Drop percentage: 26.58%
Sector: DeFi, DAO
Market Capitalization: IDR 16,019 T
Market: LDO/IDR
Lido DAO (LDO) is a decentralized staking platform that allows users to stake their assets such as Ethereum without locking up liquidity.
Through Lido, stakers receive tokens representing staked assets, allowing them to continue participating in the DeFi ecosystem while earning staking rewards.
Source: Bittime.com
Check the price chart LDO/IDR today and the crypto market as a whole in real-time at Bittime.
2. Beam (BEAM)
Decline percentage: 24.19%
Sector: Gaming, Binance Launchpool
Market Capitalization: IDR 10,014 T
Market: BEAM/IDR
Beam (BEAM) is a privacy-focused cryptocurrency, using the Mimblewimble protocol to enable completely anonymous and efficient transactions.
The project offers a solution that combines confidentiality and scalability, with features such as untraceable transactions and lower resource usage.
Source: Bittime.com
Check the price chart BEAM/IDR today and the crypto market as a whole in real-time at Bittime.
3. Maker (MKR)
Decline percentage: 24.07%
Sector: Governance, Store of Value, DeFi
Market Capitalization: IDR 29,974 T
Market: MKR/IDR
Maker (MKR) is the governance token of the MakerDAO platform, which allows users to manage the DAI stablecoin pegged to the value of the US dollar.
MKR holders play a role in making important decisions regarding setting system parameters, such as interest rates and liquidation, in order to maintain the stability and security of the DAI ecosystem.
Source: Bittime.com
Check the price chart MKR/IDR today and the crypto market as a whole in real-time at Bittime.
4. Artificial Superintelligence Alliance (FET)
Drop percentage: 22.57%
Sector: AI & Big Data, IoT, Web3
Market Capitalization: IDR 34,447 T
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.
5. Gala (GALA)
Drop percentage: 20.60%
Sector: Gaming, NFT
Market Capitalization: IDR 9,062 T
Market: GALA/IDR
Gala (GALA) is a blockchain platform focused on decentralized game development and publishing, giving players full control over their in-game assets.
With the GALA token, users can participate in an ecosystem that empowers digital creativity and ownership, while building a community around blockchain-based games.
Source: Bittime.com
Check the price chart GALA/IDR today and the crypto market as a whole in real-time at Bittime.
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