BTC PULSE
  • News
    • Altcoins
    • Blockchain
    • Bitcoin
    • Ethereum
    • NFT
    • Regulation
    • WEB 3.0
  • Price Prediction
  • Learn
  • Events
  • Advertise
No Result
View All Result
Play Now
  • News
    • Altcoins
    • Blockchain
    • Bitcoin
    • Ethereum
    • NFT
    • Regulation
    • WEB 3.0
  • Price Prediction
  • Learn
  • Events
  • Advertise
No Result
View All Result
BTC PULSE
No Result
View All Result
Play Now
Home Altcoins

Axie Infinity, The Sandbox Fell As Much as Solana, FTT

by Abimbola Adu
Dec 28, 2022 - 12:00 am
in Altcoins
Axie Infinity

Crypto enthusiasts entered 2022 starry-eyed after Bitcoin’s incredible 700% jump in 2021. However, it slowly began to decline as the year progressed, with June seeing one of its steepest declines. Unsurprisingly, other cryptocurrencies like Solana and FTT followed suit, just like they did during Bitcoin’s bullish run.

Worst cryptos of 2022

1. Terra $LUNA
YTD performance: -99.99%

2. FTX Token $FTT
YTD performance: -98%

3. Solana $SOL
YTD performance: -93.35%

4. Axie Infinity $AXS
YTD performance: -93%

5. The Sandbox $SAND
YTD performance: -92.50%

— WhaleFUD (@WhaleFUD) December 27, 2022

Despite having a very bad year, Bitcoin’s YTD decline is still preferable to Solana and FTT’s. Solana (SOL)  was undeniably one of the favorite coins of 2021 after having an incredible run of over 17,500%, moving from $1.5 to over $258 in under ten months. The coin would go on to become the fourth largest cryptocurrency in terms of market cap shortly after.

Sadly, the bullish run of the Ethereum killer, as it’s often called, didn’t last any further. A recent tweet from WhaleChart depict’s the coin’s -93.5% decline as one of the worst in 2022. But other cryptocurrencies like LUNA and FTT have seen worse fates.

Terra’s token, LUNA, is reportedly suffering a devastating -99.99% YTD fall. Around this time last year, the token had hit its ATH of $103.3. While many have given up hope on the possibility of this token’s value rising anytime soon, the cryptocurrency’s faithful are still rallying for a miraculous run come 2023.

Following closely with a YTD decline of -98% is FTX’s token, FTT. The cryptocurrency, already plagued with a bad year, suffered an incredible crash after its native platform, FTX, folded. However, the coin’s decline is the least of the worries of people who had shares in the platform as Sam Bankman-Fried, its founder accused of embezzling their funds, still walks a free man.

However, perhaps the two tokens worthy of the most sympathy on WhaleChart’s gloomy list are Axie Infinity (AXS) and the Sandbox (SAND). These two tokens heralded what could be the metaverse’s most influential rallies. 

Axie Infinity Shards or AXS, a cryptocurrency token, also serves as the in-game currency of the game Axie Infinity which got increasingly popular with the advent of NFTs. And because It also brought hope for the advancement of the metaverse, its -93% YTD crash is painful for its users.

The Sandbox, a fellow blockchain game, has its native token suffering the same fate. With a 92.5% YTD decline, it’s the worst run the cryptocurrency has experienced so far. 

Despite having a bearish run like no other this year, the cryptocurrency market may just recover come 2023.

Tags: FTTSolana
Abimbola Adu

Abimbola Adu

Abimbola Adu is a crypto content writer with a background in English studies. She is keen on enlightening others about cryptocurrency and blockchains. She enjoys writing poems and spending time with family.

Related Posts

Bloomberg analysts predict 95% approval odds for Solana, Litecoin, and XRP ETFs in 2025

SOL, LTC, XRP ETF Approvals Now Have 95% Chance in 2025, Say Analysts

June 21, 2025

Analysts give SOL, LTC, and XRP ETFs a 95% approval chance in 2025, citing SEC engagement and positive...

creenshot of fake CoinBridge crypto exchange linked to $860K scam

JD.com Joins Stablecoin Race Amid US Approval of GENIUS Act

June 18, 2025

JD.com enters stablecoin market to slash global payment costs by 90%, as US Senate passes the GENIUS Act...

24H HOLD token price chart showing 35% surge despite market pullback

Solana Dips Below $150, But Altcoins HOLD, AB, and 0x0 Surge Ahead

June 15, 2025

Solana loses key support at $150, but HOLD, AB, and 0x0 soar with strong volume, social momentum, and...

Donald Trump at a crypto conference amid growing earnings and ethics concerns

Trump Reports $57M Crypto Windfall as Ethics Concerns Mount

June 14, 2025

Trump reports $57.4M in crypto income via World Liberty Financial. Ethics concerns rise over his influence and growing...

Press Releases

image2

Could XYZVerse Overtake DOGE and SHIB? Analysts Say $0.003333 Could Explode to $10!

March 30, 2025

XYZVerse aims to outpace DOGE and SHIB, with bold $10 price goals, strong community rewards, and rising demand as it...

image1 1

Massive Institutional BTC Buys Could Launch the Next Bull Market: 5 Altcoins to Watch

March 29, 2025

Institutional Bitcoin buys may trigger a market surge. Five altcoins, including $XYZ, stand to gain—early investors could see major ROI...

image1

XRP Faces Strong Resistance While XYZVerse Gains Early Investor Attention With 10 Billion $XYZ Airdrop

March 28, 2025

XRP struggles at resistance, while XYZVerse grabs early investor attention with a 10B token airdrop and rapid growth toward a...

BTC

Popular Memecoin MEW Pledges $10,000 to Pasadena Humane Organization to Aid Animals Affected by California Wildfires

January 20, 2025

MEW memecoin donates $10K to Pasadena Humane for wildfire-affected animals. Join the mission to aid pets and wildlife in crisis...

View All
BTC-Pulse LogoTransparent

© 2024 BTC-PULSE. Disclaimer: The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.

News

  • Altcoins
  • Bitcoin
  • Ethereum
  • NFT
  • Regulation
  • WEB 3.0

Info

  • Learn
  • Price Prediction
  • Events
  • Press Releases
  • Sitemap

Company

  • About Us
  • Terms of Service
  • Privacy Policy
  • Contact Us
  • Advertise

©2024 BTC-PULSE – All right Reserved.

No Result
View All Result
  • News
    • Altcoins
    • Blockchain
    • Bitcoin
    • Ethereum
    • NFT
    • Regulation
    • WEB 3.0
  • Price Prediction
  • Learn
  • Events
  • Advertise