Top 5 worst Performed Altcoins in 2022!
Terra LUNA collapse turned into a disaster for the cryptocurrency industry after its market valuation crashed by 99.99% in May.
FTX's native Token FTT now has poor liquidity and volume. The altcoin lost 98% of its value following the FTX bankruptcy Saga.
Due to series hacks and connections to FTX, the layer-1 blockchain protocol Solana has crashed 93.35% of the time so far this year.
Due to a $650 million attack using Axie Infinity's blockchain Ronin in late March and concerns over the unlocking of 8% of supply in October, the AXS market has been constantly trending lower in 2022.
DappRadar stats show that Sandbox currently has fewer than 500 unique users. This had an impact on demand across spot exchanges, which caused SAND's price to decline 93.50% YTD.