Crypto Market Today, July 4, 2024

Bittime – Data based on crypto asset market prices on Bittime.com on July 4, 2024, 12.00 WIB

Today's Bitcoin price fell 3.83 percent over the last 24 hours and traded at 58,378 US dollars.

Today's crypto ecosystem is surging down. Most of the day the crypto market moves into the red zone. ETH was observed to have fallen by 4.64 percent over the last 24 hours, and the price was at the level of 3,209 US dollars. 

The next crypto, SOL fell 9.64 percent during the day so that the price was at the level of 134.64 US dollars. Meanwhile BNB, down 5.76 percent, traded at 534.50 US dollars.

Overall, today's Crypto Fear and Greed Index based on the Alternative.me page shows the number 44. This is a sign that the market is in a fear phase regarding the current economic conditions and crypto industry. 

Sumber: Cryptorank

Cuan coins that experienced the best performance and significant price increases on Bittime:

1. DMAIL up 5.6%
2. WLD naik 5.14%
3. BEER up 4.49%
4. ZK up 2.76%
5. TRUMP up 2.62%

The following is a detailed explanation of each cuan coin today.

1. Dmail Network (DMAIL)

• Percentage increase: 5.6%
• Sector: Communications & Social Media, Storage, BNB Smart Chain
• Market Capitalization: IDR 2.19 B
• Market: DMAIL/IDR

Dmail Network (DMAIL) is a project aimed at improving communications and security in the Web3 world.

Dmail Network provides a secure and decentralized communications platform, enabling users to communicate quickly and securely within the blockchain ecosystem.

Dmail Network ensures that messages and user data are safe from eavesdropping and manipulation. Dmail Network integrates with a variety of Web3 applications and services, supporting a growing ecosystem in the blockchain world.

Dmail Network offers sophisticated communication solutions in a digital era that increasingly pays attention to data privacy and security.

With the various features it offers, Dmail Network has the potential to become an important player in the blockchain-based communications sector.

Check the price chart DMAIL/IDR today and the crypto market as a whole in real-time at Bittime.

2. Worldcoin (WLD)

• Percentage increase: 5.14%
• Sector: Privacy, Zero Knowledge Proofs, Identity
• Market Capitalization: IDR 10.1 T
• Market: WLD/IDR

Worldcoin (WLD) is a cryptocurrency project focused on digital identity and global economic inclusivity.

Founded by Sam Altman, also known as the CEO of OpenAI, Worldcoin aims to create a human and financial identity network that can be accessed by everyone in the world, regardless of country or background.

Worldcoin uses iris biometrics for digital identity verification. Each user is verified via a device called an “Orb” that scans their iris to ensure unique identity. This data is then encrypted and not stored, preserving user privacy.

Worldcoin integrates various elements of decentralized finance that enable users to participate in the global economy more inclusively.

WLD tokens are used in various aspects of this ecosystem, including for payments, governance, and potential universal basic income (UBI) initiatives.

Using zero-knowledge proofs technology, Worldcoin ensures that user information remains private and secure. This is very important in today's digital era where privacy and data security issues are a major concern.

Check the price chart WLD/IDR today and the crypto market as a whole in real-time at Bittime.

3. Beercoin (BEER)

• Percentage increase: 4.49%
• Sector: Memes
• Market Capitalization: IDR 2.99 B
• Market: BEER/IDR

Beercoin (BEER) is a unique cryptocurrency based on the concept of beer. The basic idea of ​​Beercoin is to combine the billion-dollar beer industry with the modern technology of cryptocurrency.

Beercoin allows users to “mine” coins simply by scanning a code on a beer bottle cap.

The project was developed by Beerchain Technology UG, a startup from Bavaria, Germany, which aims to offer innovative solutions to breweries struggling with declining market share.

Beercoin also serves as a promotional tool for breweries, bars, and shops taking part in the project, allowing consumers to mine and use Beercoin at their favorite venues.

Additionally, Beercoin has been declared compliant with German law by the German Federal Financial Supervisory Agency, making it one of the cryptocurrencies that has achieved official legal compliance.

Beercoin has the potential to be used not only to buy more beer, but also for charitable donations and other transactions within a supportive ecosystem​.

Check the price chart BEER/IDR today and the crypto market as a whole in real-time at Bittime.

4. Polyhedra Network (ZK)

• Percentage increase: 2.76%
• Sector: Interoperability, Polychain Capital Portfolio, Binance Labs Portfolio
• Market Capitalization: IDR 1.14 T
• Market: ZK/IDR

Polyhedra Network (ZK) is a blockchain project focused on improving interoperability, scalability, and security through the use of Zero-Knowledge Proof (ZKP) technology.

The technology enables trustless transfer of data, messages and assets between various blockchain networks without compromising user privacy.

The Polyhedra ecosystem consists of various Web3 projects, including blockchain games such as Star Legend and Arena of Faith, as well as AI-powered projects such as Aspecta.

At the heart of this ecosystem is zkBridge, which enables secure and efficient cross-chain communication.

ZK token, the native token of the Polyhedra network, is used for staking, transaction fees, and network governance.

This token was launched in March 2024 with a total supply of 1 billion tokens and a circulating supply of 60 million tokens. This token is designed to provide economic security and incentives to the Polyhedra community.

One of Polyhedra's strengths is its focus on privacy and security through ZKP, which allows identity and credential verification without disclosing personal information.

However, the complexity of ZKP technology and limited adoption are challenges for this project​.

Check the price chart ZK/IDR today and the crypto market as a whole in real-time at Bittime.

5. Maga (TRUMP)

• Percentage increase: 2.62%
• Sector: Memes, Solana Ecosystem, Political Memes
• Market Capitalization: IDR 3.9 T
• Market: TRUMP/IDR

MAGA (TRUMP) is a cryptocurrency inspired by Donald Trump's campaign slogan, "Make America Great Again" (MAGA).

This coin falls into the meme coin category, meaning it was created more as a form of expression or entertainment rather than with a functional purpose or significant utility in the crypto ecosystem.

MAGA Coin is based on the Ethereum blockchain, utilizing ERC-20 technology for its smart contracts.

Currently, MAGA Coin functions more as a speculative investment asset and a form of political support. There is no concrete utility or ecosystem developed for this coin yet.

MAGA Coin appeals to Donald Trump supporters and those interested in meme coins. However, since there is no clear utility, investors need to be careful and understand the high risks involved in investing in these coins.

Check the price chart TRUMP/IDR today and the crypto market as a whole in real-time at Bittime.

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