Crypto Market This Week September 20-27, 2024
2024-09-27Bittime - Data based on crypto asset market prices on Bittime.com on September 20-27 2024, 12.00 UTC+7.
Bitcoin price this week rose 2.07 percent over the last 7 days making it trade at the level of 65,336 US dollars.
The majority of the crypto market this week moved into the green zone. ETH was observed to increase by 4.26 percent over the last 7 days, and the price was at the level of 2,646 US dollars.
The next crypto, SOL, rose 7.04 percent throughout the day so that the price was at the level of 156.29 US dollars. Meanwhile BNB, up 5.53 percent, traded at 604.46 US dollars.
Overall, this week's Crypto Fear and Greed Index based on the Coinmarketcap.com page shows an average of 54.45. 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
- SEI up 36.07%
- SHIB up 31.61%
- TAO up 29.88%
- PENDLE up 26.95%
- W up 26.93%
The following is a detailed explanation of each coin today.
1. Sei (SEI)
Increase percentage: 36.07%
Sector: Parallelized EVM
Market Capitalization: IDR 25,369 T
Market: SEI/IDR
Sei (SEI) is a Layer 1 blockchain platform specifically designed to support fast and efficient trading, with a focus on DeFi and DEX.
The project offers an optimized infrastructure to process transactions with low latency and high throughput, creating a more responsive trading environment.
Source: Bittime.com
Check the price chart SEI/IDR today and the crypto market as a whole in real-time at Bittime.
2. Shiba Inu (SHIB)
Increase percentage: 31.61%
Sector: Memes, Doggone Doggerel
Market Capitalization: IDR 170,140 T
Market: SHIB/IDR
Shiba Inu (SHIB) is a meme coin built on the Ethereum network, initially launched as an experiment in a decentralized community.
The project has grown with an ecosystem that includes additional tokens and DeFi platforms such as ShibaSwap, while maintaining a strong community focus.
Source: Bittime.com
Check the price chart SHIB/IDR today and the crypto market as a whole in real-time at Bittime.
3. Bittensor (TAO)
Increase percentage: 29.88%
Sector: AI & Big Data, Distributed Computing, DePIN
Market Capitalization: IDR 61,363 T
Market: TAO/IDR
Bittensor (TAO) is a decentralized network that aims to combine 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 TAO/IDR today and the crypto market as a whole in real-time at Bittime.
4. Pendle (PENDLE)
Increase percentage: 26.95%
Sector: Restaking
Market Capitalization: IDR 11,047 T
Market: PENDLE/IDR
Pendle (PENDLE) is a DeFi protocol that allows users to split and trade the yield of their tokenized assets, providing flexibility in time-based asset management.
The project is designed to maximize opportunities in decentralized financial markets by enabling trading of future asset yields and cash flows.
Source: Bittime.com
Check the price chart PENDLE/IDR today and the crypto market as a whole in real-time at Bittime.
5. Wormhole (W)
Increase percentage: 26.93%
Sector: Web3, NFT
Market Capitalization: IDR 11,890 T
Market: W/IDR
Wormhole (W) is a cross-chain interoperability protocol that enables the transfer of assets and data between different blockchains.
The project aims to facilitate better connectivity in the DeFi and DApp ecosystem, enabling users to transfer value and information seamlessly across networks.
Source: Bittime.com
Check the price chart W/IDR today and the crypto market as a whole in real-time at Bittime.
Top Crypto Losers This Week
- HMSTR down 28.88%
- DOGS down 13.17%
- XMR down 8.47%
- CASH down 3.40%
- CKB down 3.28%
The following is a detailed explanation of each coin today.
1. Hamster Kombat (HMSTR)
Drop percentage: 28.88%
Sector: Gaming, Tap To Earn (T2E)
Market Capitalization: IDR 6,619 T
Market: HMSTR/IDR
Hamster Kombat (HMSTR) is a play-to-earn game-based crypto project that allows players to battle hamster characters in virtual battles to earn rewards.
The project combines blockchain and NFT elements to provide a unique gaming experience, with a decentralized economy supporting in-game assets.
Source: Bittime.com
Check the price chart HMSTR/IDR today and the crypto market as a whole in real-time at Bittime.
2. DOGS (DOGS)
Decline percentage: 13.17%
Sector: Memes, Telegram Bot
Market Capitalization: IDR 6,845 T
Market: DOGS/IDR
DOGS (DOGS) is a cryptocurrency developed as part of the DeFi ecosystem, focused on rewards and staking in a community-based platform.
The project allows users to earn rewards through activities such as staking and participation in incentive programs powered by DOGS tokens.
Source: Bittime.com
Check the price chart DOGS/IDR today and the crypto market as a whole in real-time at Bittime.
3. Monero (XMR)
Decline percentage: 8.47%
Sector: Medium of Exchange
Market Capitalization: IDR 45,413 T
Monero (XMR) is a privacy-focused cryptocurrency, offering anonymous and untraceable transactions through the use of technology such as ring signatures and stealth addresses.
The project aims to provide greater financial freedom by maintaining complete confidentiality and decentralization in every transaction.
4. Kaspa (KAS)
Decline percentage: 3.40%
Sector: DAY, PoW
Market Capitalization: IDR 59,308 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.
5. Nervos Network (CKB)
Decline percentage: 3.28%
Sector: Research. Web3
Market Capitalization: IDR 11,483 T
Market: CKB/IDR
Nervos Network (CKB) is a blockchain platform designed to provide interoperability and scalability through a multi-layer architecture, with a focus on crypto asset storage and security.
The project allows developers to build DApps that can be accessed across blockchains while maintaining control over digital assets and identities.
Source: Bittime.com
Check the price chart CKB/IDR today and the crypto market as a whole in real-time at Bittime.
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