Top 3 Altcoins For June 2022: AXS, AAVE and ADA

  • Axie Infinity is down 9.86% in the last 24 hours.
  • A proof-of-stake consensus technique is used by Cardano.

Let us look at the top 3 altcoins for June 2022.

Axie Infinity (AXS)

Axie Infinity is a trade and battle game built on the Ethereum blockchain, with a stake held by its users. On May 30, the AXS token went up to $23.98 from $18.45, down from its local high of $71 by 74.72 percent. After hitting a high of $28.17 on May 31st, it fell down to $22 at the time of this writing.

According to CMC, the Axie Infinity price today is $22.57 USD with a 24-hour trading volume of $425,444,368 USD. Axie Infinity is down 9.86% in the last 24 hours.

Aave (AAVE)

Using the Aave system, anybody may lend and borrow cryptocurrency. When the V3 launch was announced on March 16th, the price of an AAVE token was $122.00. At the end of 75 days, this had grown to $101. The token’s value dropped by 17 percent in that time. At its peak on April 1, the AAVE token reached $259 in value. In April, the cryptocurrency market had a price correction, which resulted in the price falling.

According to CMC, the Aave price today is $115.07 USD with a 24-hour trading volume of $346,532,809 USD. Aave is down 1.15% in the last 24 hours.

Cardano (ADA)

A proof-of-stake consensus technique is used by Cardano, one of the largest blockchains to date. Since September 2021, Cardano, one of the most widely traded cryptocurrencies, has been on a downward trend. This downtrend was not broken by the late-March bounce, and at the time of this writing, the higher timeframe structure was still negative. A rally like March’s may happen within a couple of weeks since the price has broken over the $0.6 barrier with purpose.

According to CMC, the Cardano price today is $0.605603 USD with a 24-hour trading volume of $2,315,989,859 USD. Cardano is down 7.46% in the last 24 hours.

Source: https://thenewscrypto.com/top-3-altcoins-for-june-2022-axs-aave-and-ada/