Which tokens are being bought by investors. Six popular altcoins :: RBC.Crypto
According to the WhaleStats service, crypto investors are actively accumulating Axie Infinity, Polygon, Chainlink and other cryptocurrencies
Over the past 24 hours, Ethereum (ETH), Axie Infinity (AXS), Polygon (MATIC), Chainlink (LINK), Curve DAO Token (CRV) and Fantom (FTM) tokens have been bought more often than others, according to the Whalestats service, which tracks large movements of cryptocurrencies. Also included in the list of the most purchased altcoins are the USDT, USDC, BUSD stablecoins and the “wrapped” bitcoin WBTC, designed to exchange liquidity between bitcoin and Ethereum blockchains.
Photo: WhaleStats
Ethereum
On February 9, Ethereum is trading at $3.1 thousand, and its capitalization is $377.4 billion, according to CoinGecko. Altcoin has risen in price by 13% in a week. In November 2021, its price updated the historical maximum above $4.8 thousand. Since that moment, the cryptocurrency has fallen in price by 35%.
Ethereum is currently the largest platform for creating smart contracts and decentralized applications (dApps). It was created by Vitalik Buterin in 2015.
Axie Infinity
As of February 9, the price of the Axie Infinity token is $66.6. The capitalization of the project is at the level of $ 4.7 billion. During the week, the cryptocurrency has risen in price by 24%. In November 2021, altcoin updated the historical maximum above $164. Since then, its value has fallen by 60%.
Axie Infinity is a blockchain game where players fight each other with the help of fantastic creatures, each of which is represented as an NFT token.
Polygon
As of February 9, the Polygon token is trading at $1.9, and its capitalization is $13.4 billion. Altcoin has risen in price by 19% in a week. At the end of 2021, its value updated the historical maximum above $2.9. Since that moment, the price of the cryptocurrency has fallen by 35%.
Polygon is an Ethereum-compatible second-level sidechain running on the PoS (Proof-of-Stake) algorithm. The network works faster and with lower fees than the main Ethereum network.
Chainlink
On February 9, the Chainlink token is trading at $18.3, and its capitalization is $8.5 billion. During the week, the value of the cryptocurrency increased by 8%. In May 2021, the altcoin price updated the historical maximum above $52. Since then, it has fallen in price by 65%.
Chainlink is the first network of decentralized oracles between blockchains and smart contracts, and among its partners is the Swift payment system. The coin is also in the portfolio of the Grayscale investment fund.
Curve DAO Token
As of February 9, the price of Curve DAO Token is $3.4. The capitalization of the project is at the level of $ 1.3 billion. During the week, altcoin fell by 1%. In August 2020, the cryptocurrency updated its historical maximum above $54. Since then, its value has fallen by 94%.
Curve Finance is a decentralized trading platform for the exchange of cryptocurrencies and stablecoins. The exchange has issued its own CRV management tokens, which allow holders to participate in the development of the project.
Fantom
On February 9, the Fantom token is trading at $2.2, and its capitalization is $5.6 billion. Over the past seven days, altcoin has risen in price by 8%. In October 2021, the price of the cryptocurrency updated its historical maximum above $ 3.4. Since then, its value has fallen by 36%.
Fantom is a blockchain whose main task is to solve the scalability problem of existing platforms based on distributed registries.
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