Crypto Asset Soars and Solana Coin Up 5 Percent
Rancakmedia.com – Most crypto assets go up at the start of trading. Solana coin rose and led the gains, jumping 5.19 percent to $238.44. The red SOL for the previous seven days was 5.76 percent. After that, the Shiba Inu coin (SHIB) increased 5.01 percent to US$0.00000542. However, SHIB is down 7.26 percent this week.
Binance Coin (BNB) meanwhile rose 3.49 percent to US$647.93 per chip. BNB is up 0.31 percent this week. According to coinmarkercap.com, asset Degecoin (DOGE) was green at 2.06 percent for the day. Coins are priced at US$0.2617 per chip. Meanwhile, DOGE is down 0.13 percent this week.
Additionally, Polkadot (DOT) assets increased by 2.06% to US$46.75 per coin. The DOT lost 10.19 percent this week. Additionally, the world's most valuable crypto, Bitcoin (BTC), rose 1.8 percent to US$64,767.73. BTC is up 4.37 percent in the last seven days.
Cardano coin (ADA) also rose 1.31 percent to $2.6 per chip. ADA is up 3.56 percent this week. This morning, Ethereum (ETH) and Ripple (XRP) were up 0.12 percent and 0.89 percent, respectively, to market values of $4.630 and $1.19.
Tether Coin (USDT) and USD Coin (USDC) held steady at $1 per chip. Crypto assets rose by an average of 1.12 percent vs. the previous day. Currently, the crypto market capitalization stands at US$2.83 trillion.
Crypto assets are currently regulated by the Commodity Futures Trading Supervisory Agency (Bappebti) of the Ministry of Trade based on CoFTRA Regulation Number 2 of 2019 concerning the Implementation of Commodity Physical Markets on Futures Exchanges. For information, crypto assets are still not accepted as payment methods in Indonesia.
However, since crypto is an exchange of commodity futures, it is irrelevant whether it is used as an investment or a commodity exchanged by market participants.
Conclusion
Solana coin rose as much as 5.19 percent to $238.44. Assets Degecoin (DOGE) was green at 2.06 percent for the day. The world's most valuable crypto, Bitcoin (BTC), rose 1.8 percent to US$64,767.73. Currently, the crypto market capitalization stands at US$2.83 trillion.