While Bitcoin and Altcoins enjoy a bull run, 3 tokens suffer a significant devaluation (AXS, ATOM and ALGO).

Bitcoin has been experiencing bullish momentum for days, causing it to break the $ 60,000 psychological barrier.At the end of this issue, the highest market value cryptocurrency is trading in the $ 57,500 range, which translates to a cumulative weekly revaluation of 19.4%.

On the contrary, three tokens stand out for the accumulated losses during the week: Axie Infinity (AXS) – 13%, Kosmos (ATOM) – 16.1% and Algorand (ALGO) – 11.5%.

Axie Infinity (AXS) (-13%)

Axie Infinity Shards (AXS) It is the game’s native currency that is a hit in the crypto-verse. The goal of the game is to become a fully decentralized platform run by the community. This is to be achieved by distributing AXS to players and stakers, thereby reducing Sky Mavis’ ownership concentration over time. The ultimate goal of the Axie team is to create an app that connects players with the entire Axie Infinity universe.

While Bitcoin and Altcoins enjoy a bull run, 3 tokens suffer a significant devaluation (AXS, ATOM and ALGO).
While Bitcoin and Altcoins enjoy a bull run, 3 tokens suffer a significant devaluation (AXS, ATOM and ALGO).

Source: Coingecko

The current AXS price is $ 117.80, a 4% decrease over the past 24 hours and a weekly loss on the order of -13%. The market capitalization of Axie Infinity is $ 7.19 billion. The 24-hour volume of AXS is 1.64 billion US dollars, with a circulation volume of 61,037,247 and a maximum supply of 270,000,000.

Axie Infinity is traded on 56 exchanges, the main ones being Binance ($ 1.02 billion), FTX ($ 141.78 million) and Upbit ($ 103.37 million). Axie Infinity hit an all-time high of about $ 155.08 nine days ago.

On the final day, Axie Infinity had a transparent volume of 74% and was trading in 148 active markets, with its highest-trading competitors being the USDT ($ 1.26 billion), the USD ($ 176.23 million) and the KRW (US $ 106.39).

Cosmos (ATOM) (-16.1%)

The Cosmos network consists of many independent, parallel blockchains, so-called zones, each of which is operated by classic Byzantine fault-tolerant (BFT) consensus protocols such as Tendermint (already used by platforms such as ErisDB). Some zones act as hubs with respect to other zones, so many zones can work together through a shared hub. The architecture is a more general application of the Bitcoin sidechains concept and uses the classic BFT and Proof-of-Stake algorithms instead of Proof-of-Work. Cosmos can interact with other applications and cryptocurrencies, which other blockchains don’t do well. When a new zone is created, any blockchain system can be connected to the Cosmos hub and tokens are sent back and forth between these zones without the need for an intermediary.

Source: Coingecko

Cosmos is priced at $ 32.66 today, down 5% over the past 24 hours and around -16.1% over the cumulative weekly time. Cosmos’ market cap is $ 9.16 billion. ATOM’s 24 hour volume is $ 818.94 million with an outstanding offer of 280,535,989

Cosmos is traded on 65 exchanges, the main ones being: WBFex ($ 141.00M), Binance ($ 128.31M) and Huobi Global ($ 104.93M).

Cosmos hit an all-time high of $ 44.48 23 days ago. On the final day, Cosmos had a 37% transparent volume and was trading in 244 active markets, with its highest trading volume competitors being USDT ($ 515.31M), USD ($ 143.90M), and BTC (84.79 Million USD).

Algorand (ALGO) (-11.5%)

Algorand is a public, decentralized, permissionless blockchain protocol based on the proof-of-stake consensus and supported by an ALGO utility token. The main goal of the project is to enable a borderless economy based on the blockchain platform. Its goal is to build fast and scalable cryptocurrencies according to the principles of decentralization. The FAQ page of the project website describes the limitless economy as the system in which everything valuable can be exchanged between two or more parties completely smoothly.

Source: Coingecko

The price of Algorand today is USD 1.7689, a decrease of 3% over the last 24 hours and a weekly cumulative value of -11.5%. Algorand’s market cap is $ 11.83 billion. ALGO’s 24-hour volume is $ 408.34 million, with a circulating volume of 6,686,047,932 and a maximum supply of 10,000,000,000.

Algorand is traded on 55 exchanges, the main ones being Binance ($ 68.48 million), Coinbase ($ 62.82 million) and Huobi Global ($ 61.42 million). Algorand hit an all-time high of $ 2,9202, more than two years ago.

On the final day, Algorand had a transparent volume of 49% and was trading in 198 active markets, with its highest trading volume competitors being USDT ($ 222.87M), ($ 124.17M) and BTC ($ 27.57M) . USD) were.

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