Crypto Market This Week August 23-30, 2024
2024-08-30Bittime - Data based on crypto asset market prices on Bittime.com on 16-23 August 2024, 12.00 UTC+7.
Bitcoin price this week down 2.44 percent over the last 7 days making it trade at 59,149 US dollars.
The majority of the crypto market this week moved into the red zone. ETH was observed to have fallen by 4.26 percent over the last 7 days, and the price was at the level of 2,526 US dollars.
The next crypto, SOL, fell 3.37 percent throughout the day so that the price was at the level of 139.79 US dollars. Meanwhile BNB, down 8.61 percent, traded at 532.45 US dollars.
Overall, this week's Crypto Fear and Greed Index based on the Coinmarketcap.com page shows an average of 46.45. 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
- SMEs up 8.90%
- ACT up 7.84%
- HNT up 6.48%
- FET up 6.33%
- POPCAT up 4.07%
The following is a detailed explanation of each cuan coin today.
1. Immutable (IMX)
Increase percentage: 8.90%
Sector: Gaming, NFT
Market Capitalization: IDR 34,828 T
Market: IMX/IDR
Immutable (IMX) is a Layer 2 platform built on Ethereum to support trading of digital assets, especially NFTs, with low transaction fees and high speed.
The project focuses on creating a secure and scalable ecosystem for the development of blockchain-based games and applications, with full support for decentralization.
Source: Bittime.com
Check the price chart IMX/IDR today and the crypto market as a whole in real-time at Bittime.
2. Akash Network (AKT)
Increase percentage: 7.84%
Sector: AI & Big Data
Market Capitalization: IDR 10,400 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.
3. Helium (HNT)
Increase percentage: 6.48%
Sector: Enterprise Solutions, Distributed Computing
Market Capitalization: IDR 17,659 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. Artificial Superintelligence Alliance (FET)
Increase percentage: 6.33%
Sector: AI & Big Data
Market Capitalization: IDR 43,844 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. Popcat (POPCAT)
Increase percentage: 4.07%
Sector: Memes, Cat-Themed
Market Capitalization: IDR 9,324 T
Market: POPCAT/IDR
Popcat (POPCAT) is a meme-themed crypto project built for the community with a focus on online fun and participation.
Using the POPCAT token, the project combines elements of virality and social interaction, creating an entertaining and community-supported ecosystem.
Source: Bittime.com
Check the price chart POPCAT/IDR today and the crypto market as a whole in real-time at Bittime.
Top Crypto Losers This Week
- NOT down 21.46%
- DOGS down 21.09%
- MATIC down 19.78%
- TON down 16.64%
- TAO down 16.06%
The following is a detailed explanation of each cuan coin today.
1. Notcoin (NOT)
Drop percentage: 21.46%
Sector: Gaming, Web3
Market Capitalization: IDR 13,481 T
Notcoin (NOT) is a cryptocurrency designed as a parody, aiming to comment on trends and phenomena in the crypto world with a humorous approach.
Despite its satirical nature, the project still offers standard blockchain features, such as decentralized transactions and an active community.
2. DOGS (DOGS)
Decline percentage: 21.09%
Sector: Memes, Telegram Bot
Market Capitalization: IDR 10,119 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. Polygon (MATIC)
Decline percentage: 19.78%
Sector: Enterprise Solutions
Market Capitalization: IDR 65,773 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.
4. Toncoin (TON)
Decline percentage: 16.64%
Sector: PoS, Layer 1
Market Capitalization: IDR 213,501 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.
5. Bittensor (TAO)
Decline percentage: 16.06%
Sector: AI & Big Data, DePIN
Market Capitalization: IDR 31,448 T
Market: TAO/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 TAO/IDR today and the crypto market as a whole in real-time at Bittime.
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