What tokens are investors buying. Six popular altcoins
According to the WhaleStats service, crypto investors are actively accumulating Axie Infinity, Polygon, Chainlink and other cryptocurrencies. Find out more news cryptocurrency and blockchain. 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 most often, according to Whalestats, a service that tracks large movements cryptocurrencies. Also, the list of the most purchased altcoins includes the stablecoins USDT, USDC, BUSD and the “wrapped” bitcoin WBTC, designed to exchange liquidity between the bitcoin and Ethereum blockchains. Ethereum On February 9, Ethereum is trading at $3.1 thousand, and its capitalization is $377.4 billion, according to CoinGecko. Over the week, the altcoin has risen in price by 13%. In November 2021, its price reached an all-time high above $4.8 thousand. Since then, 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 Axie Infinity token is $66.6. The capitalization of the project is at the level of $4.7 billion. Over the week, the cryptocurrency has risen in price by 24%. In November 2021, the altcoin updated its all-time high above $164. Since then, its value has fallen by 60%. Axie Infinity is a blockchain game where players fight against each other with the help of fantastical creatures, each of which is represented in the form of an NFT token. Polygon On February 9, the Polygon token is trading at $1.9, and its capitalization is $13.4 billion. Over the week, the altcoin has risen in price by 19%. At the end of 2021, its value updated its historical high above $2.9. Since then, the price of the cryptocurrency has fallen by 35%. Polygon is an Ethereum-compatible second-level sidechain operating on the PoS (Proof-of-Stake) algorithm. The network is 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. Over the week, the value of the cryptocurrency increased by 8%. In May 2021, the price of the altcoin updated its all-time high 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 investment fund Grayscale. 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. Over the week, the altcoin has fallen in price by 1%. In August 2020, the cryptocurrency updated its all-time high 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 governance 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, the altcoin has risen in price by 8%. In October 2021, the price of the cryptocurrency updated its all-time high above $3.4. Since then, its value has fallen by 36%. Fantom is a blockchain whose main task is to solve the problem of scalability of existing platforms based on distributed registries.