Crypto Market This Week September 6-13, 2024
2024-09-13
Bittime - Data based on crypto asset market prices on Bittime.com on September 6-13, 2024, 12.00 UTC+7.
Bitcoin price this week rose 2.37 percent over the last 7 days making it trade at the level of 57,947 US dollars.
Majority of the crypto market this week moved into the green zone. ETH was observed to have fallen by 1.52 percent over the last 7 days, and the price was at the level of 2,358 US dollars.
The next crypto, SOL, rose 2.84 percent during the day so that the price was at the level of 134.61 US dollars. Meanwhile BNB, up 7.47 percent, traded at 543.57 US dollars.
Overall, this week's Crypto Fear and Greed Index based on the Coinmarketcap.com page shows an average of 33.33. This is a sign that the market is in the Fear phase regarding economic conditions and the crypto industry in the last 7 days.
Source: Cryptorank
Top Crypto Gainers This Week
- QNT up 9.22%
- BEAM up 8.70%
- WLD up 8.63%
- PYTH up 5.05%
- XRP up 4.51%
The following is a detailed explanation of each coin today.
1. Quant (QNT)
Increase percentage: 9.22%
Sector: Platform, Interoperability, RWA
Market Capitalization: IDR 14,353 T
Market: QNT/IDR
Quant (QNT) is a blockchain platform that aims to connect various blockchain networks through Overledger technology, enabling interoperability between different systems.
This project provides solutions for decentralized application integration across blockchains, making it easier for users and developers to access services from various ecosystems.
Source: Bittime.com
Check the price chart QNT/IDR today and the crypto market as a whole in real-time at Bittime.
2. Beam (BEAM)
Increase percentage: 8.70%
Sector: Gaming
Market Capitalization: IDR 11,012 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. Worldcoin (WLD)
Increase percentage: 8.63%
Sector: Identity, Privacy
Market Capitalization: IDR 10,167 T
Market: WLD/IDR
Worldcoin (WLD) is a cryptocurrency that aims to create a global digital identity and distribute digital assets to everyone in the world.
The project combines blockchain technology with a biometric identification system to ensure fair and inclusive distribution, while preserving user privacy.
Source: Bittime.com
Check the price chart WLD/IDR today and the crypto market as a whole in real-time at Bittime.
4. Pyth Network (PYTH)
Increase percentage: 5.05%
Sector: Oracles, Cross-Chain
Market Capitalization: IDR 16,432 T
Market: PYTH/IDR
Pyth Network (PYTH) is a decentralized oracle platform that provides real-time price data from traditional financial markets to the blockchain.
The project aims to connect high-quality data sources with the DeFi ecosystem, enabling blockchain applications to access accurate and secure price information.
Source: Bittime.com
Check the price chart PYTH/IDR today and the crypto market as a whole in real-time at Bittime.
5. XRP (XRP)
Increase percentage: 4.51%
Sector: Medium of Exchange, Enterprise Solutions
Market Capitalization: IDR 494,856 T
Market: XRP/IDR
XRP is a cryptocurrency designed to facilitate fast, low-cost cross-border transactions via the Ripple network.
The project aims to provide payment solutions for financial institutions with high efficiency, reducing dependence on the traditional banking system.
Source: Bittime.com
Check the price chart XRP/IDR today and the crypto market as a whole in real-time at Bittime.
Top Crypto Losers This Week
- AAVE down 5.39%
- HNT down 4.04%
- FETs down 3.68%
- RUNE down 3.51%
- LEO down 3.13%
The following is a detailed explanation of each coin today.
1. Aave (AAVE)
Decline percentage: 5.39%
Sector: DeFi, DAO
Market Capitalization: IDR 32,813 T
Market: AAVE/IDR
Aave (AAVE) is a decentralized finance protocol that allows users to borrow and lend crypto assets without intermediaries.
Through an automated and flexible liquidity system, Aave provides features such as flash loans and adjustable interest rates, giving users complete control over their assets.
Source: Bittime.com
Check the price chart AAVE/IDR today and the crypto market as a whole in real-time at Bittime.
2. Helium (HNT)
Decline percentage: 4.04%
Sector: Enterprise Solutions, Distributed Computing
Market Capitalization: IDR 19,110 T
Market: HNT/IDR
Helium (HNT) is a decentralized network that leverages Internet of Things (IoT) 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.
3. Artificial Superintelligence Alliance (FET)
- Decline percentage: 3.68%
- Sector: AI & Big Data, IoT, Web3
- Market Capitalization: IDR 52,824 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.
The 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.
4. THORChain (RUNE)
Decline percentage: 3.51%
Sector: DEX Token, DeFi
Market Capitalization: IDR 20,001 T
Market: RUNE/IDR
THORChain (RUNE) is a decentralized liquidity protocol that enables cross-chain exchange of crypto assets without the need for a centralized custodian.
By using RUNE tokens as network liquidity and security, THORChain provides a solution for secure and non-custodial asset trading between various blockchains.
Source: Bittime.com
Check the price chart RUNE/IDR today and the crypto market as a whole in real-time at Bittime.
5. UNUS SED LEO (LEO)
Decline percentage: 3.13%
Sector: Marketplace, Payments
Market Capitalization: IDR 81,921 T
UNUS SED LEO (LEO) is a utility token used in the iFinex ecosystem, including the Bitfinex trading platform, to reduce transaction costs and provide various benefits to its users.
This token is designed to support iFinex's internal operations and offer incentives to its holders through a loyalty program.
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