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Top 3 Promising Altcoins Amid Recent Market Fumble

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Top 3 Promising Altcoins Amid Recent Market Fumble

  • AVAX’s price has been able to halt its declines from the previous session.
  • Terra has the greatest circulating market value among the top 30 invested assets.

Let us look at the top 3 promising altcoins amid the recent market fumble.

Axie Infinity (AXS)

It’s widely accepted that Axie Infinity is one of the finest NFT games on the market. NFTs represent in-game digital assets, such as the Axie monsters, in the game. Axis may be traded for real money in the game’s marketplace using these unique tokens, which provide ownership to the user. Axie Infinity’s monster-battle NFT game players exchanged $3.5 billion worth of NFTs in 2021, according to a report curated by NonFungible.

Top 3 Promising Altcoins Amid Recent Market Fumble Blockchain PlatoBlockchain Data Intelligence | Vertical Search AI
AXS/USDT: Source: TradingView

According to CoinMarketCap, the Axie Infinity price today is $47.03 USD with a 24-hour trading volume of $268,911,267 USD. 

Avalanche (AVAX)

Layer one blockchain Avalanche serves as a platform for decentralized apps and blockchain networks. Intending to dethrone Ethereum as the most popular blockchain for smart contracts, it’s one of Ethereum’s competitors. AVAX’s price has been able to halt its declines from the previous session by remaining above critical support at $70.0. In 2022, Avalanche has been unable to break the $100 barrier, as it is now trading at $72.

Top 3 Promising Altcoins Amid Recent Market Fumble Blockchain PlatoBlockchain Data Intelligence | Vertical Search AI
AVAX/USDT: Source: TradingView

Avalanche’s current price is $72.25 USD, and its 24-hour trading volume is $1,189,674,737 USD, according to CoinMarketCap.

Terra (LUNA)

LUNA momentarily surged beyond $100 on March 9th, delighting Terra’s enthusiastic investors. Terra had previously raised LUNA above $90 on February 28th. According to Messari’s findings, Terra has the greatest circulating market value among the top 30 invested assets. Terra’s results come after other assets, such as Solana, Polkadot, and Avalanche, performed better in the previous quarter.

Top 3 Promising Altcoins Amid Recent Market Fumble Blockchain PlatoBlockchain Data Intelligence | Vertical Search AI
LUNA/USDT: Source: TradingView

According to CoinMarketCap, the Terra price today is $89.89 USD with a 24-hour trading volume of $4,065,309,225 USD. 

The post has appeared first on thenewscrypto.com

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