Why Polkadot, Axie Infinity, Near, and Chainlink All Dropped Today
Cryptocurrencies were grappling with a wild weekend of moves on Monday morning and investors didn't quite know whether values were going up or down. Polkadot (CRYPTO: DOT), Axie Infinity (CRYPTO: AXS), Near Protocol (CRYPTO: NEAR), and Chainlink (CRYPTO: LINK) were among those moving lower, but the sell-off was widespread.
As of 2:30 p.m. ET, Polkadot is down 3.5% over the last 24 hours but is down 26.8% in the past week and now has a market cap of just $26.5 billion. Axie Infinity is down 6.6% over the last day and 25.3% in the past week to a $6.1 billion market cap. Near Protocol is off 6% today and 17.9% over a week, and Chainlink has fallen 4% in 24 hours and 27% in the past week.
Image source: Getty Images.
Source Fool.com
