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Polygon, AXS | Crypto Gainers and Losers | June 11, 2023

Photo for the Article - Polygon, AXS | Crypto Gainers and Losers | June 11, 2023

In this article, we will be looking at the top five gainers and losers of the week, providing a brief description of each cryptocurrency and its performance. All data is accurate as of June 10, 2023, on Coingecko.

The Big News: 

  1. US SEC Charges Binance, CZ, for Operating an Illegal Crypto Exchange
  2. Blockchain Sleuth Uncovers $35M Atomic Wallet Exploit
  3. List of Cryptocurrencies Classified as Security by U.S. SEC in Binance Suit 
  4. Crypto Hub Finance Operates Illegally, SEC Warns Investors of Ponzi Scheme

Top 5 Crypto Gainers of the Week

BSCEX (BSCX)

What is it: The governance and equity token of the BSCex ecosystem, a decentralized non-custodial cryptocurrency exchange-centered ecosystem that runs on Binance Smart Chain (BSC). BSCex’s mission is to make Binance’s off-chain services available on the blockchain, develop the applications on BSC, and promote the features of decentralized finance that let our users earn tokens and gain many other economic benefits.

  • Current price: $263.37
  • Price change in the past 7 days: +15074.4%
  • Market cap: $1,002,027,422
  • Trading volume: $1,567,657

Latest News: Launch Zone, BSCex suffer contract vulnerability — over $7M drained 

FLEX Coin (FLEX)

What is it: The coin that powers CoinFLEX, a physically settled futures exchange. CoinFLEX claims to average around 200-400mm USD of trading volume daily.

  • Current price: $3.25
  • Price change in the past 7 days: +119.3%
  • Market cap: $229,943,234
  • Trading volume: $212,891
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Latest News: FLEX Coin (FLEX) Is Now Available for Trading on LBank Exchange

CyberHarbor (CHT)

What is it: The native token of CyberHarbor, a multi-chain decentralized monitoring network that detects on-chain threats and anomalies in real time by scanning all transactions and block-by-block state changes. It scores tokens and establishes a clearer security analysis chart through dimensions such as token transaction information, holder information, and short-term security testing.

  • Current price: $6.12
  • Price change in the past 7 days: +33.4%
  • Market cap: $6,087,316,526
  • Trading volume: $513,307

Latest News: HKMA, Cyberport Concludes Fourth AML Regtech Lab

Stride (STRD)

What is it: The native governance token of the Stride Zone, allowing holders to vote on important decisions such as the distribution of staked tokens to each validator, the onboarding of new validators, and other protocol upgrades and improvements. Stride is a multichain liquid staking zone (appchain) on the Cosmos Blockchain. Stride allows users to stake any IBC-compatible tokens, and receive stTokens in return, which are redeemable for the original token at a 1:1 ratio.

  • Current price: $1.40
  • Price change in the past 7 days: +24.6%
  • Market cap: $119,561,388
  • Trading volume: $78,094

Latest News: Core DAO Is Using Bitcoin to Solve the Blockchain Trilemma

Beldex (BDX)

What is it: A privacy and utility coin of Beldex, a privacy-based ecosystem consisting of privacy-first decentralized applications that include BChat, BelNet, Beldex browser, the Beldex privacy protocol, and the Beldex bridge. For privacy lovers, Beldex is the one-stop destination for everything from private messaging to private transactions.

  • Current price: $0.04893447
  • Price change in the past 7 days: +21.5%
  • Market cap: $257,203,157
  • Trading volume: $5,163,930

Latest News: Three arrested for cheating investors in the name of investing in Beldex coins

Top 5 Crypto Losers of the Week

APTOS (APT)

What is it: An innovative public blockchain (proof of stake) developed by former Facebook employees, with a primary focus on delivering high throughput and robust security for smart contracts developed using the Move programming language.

  • Current price: $5.95
  • Price change in the past 7 days: -33.9%
  • Market cap: $1,194,007,448
  • Trading volume: $211,636,661

Latest News Aptos Introduces Delegated Staking to Increase Participation in Staking on Network

Polygon (MATIC)

What is it: MATIC is the currency of Polygon that enables users to interact with tens of thousands of dApps in the Polygon ecosystem.

  • Current price: $0.602
  • Price change in the past 7 Days: -33.7%
  • Market cap: $5,592,998,106 
  • Trading volume: $1,232,387,434

Latest News: Millions in Polygon’s MATIC Tokens Were Sent to Binance and Coinbase Ahead of 30% Slide, Data Shows

The Sandbox (SAND)

What is it: A decentralized virtual gaming world built on Blockchain technology. It allows players to buy, sell, and create digital assets, and consists of lands that are represented as non-fungible tokens (NFTs) on the Ethereum Blockchain.

  • Current price: $0.3842
  • Price change in the past 7 Days: -32.9%
  • Market cap: $713,190,181
  • Trading volume: $312,539,477

Latest News: The Sandbox roundup: Partnering with Forkast Labs to index metaverse assets

AXS (AXS)

What is it: The token of the Axie Infinity ecosystem, the hit play-to-earn game from Sky Mavis.

  • Current price: $4.97
  • Price change in the past 7 Days: -30.4%
  • Market cap: $575,732,330
  • Trading volume: $101,437,516

Latest News: Tokens for The Sandbox and ‘Axie’ among those branded securities in SEC suits against Coinbase and Binance

GALA (Gala)

What is it: Gala is a blockchain gaming ecosystem. Gamers can explore different type of games and have their experiences interact across each other on the Gala platform. 

  • Current price: $0.0211
  • Price change in the past 7 Days: -15%
  • Market cap: $507,854,571
  • Trading volume: $165,969,297

Latest News: Gala Games Burns Over $600 Million Worth of GALA Tokens

This article is published on BitPinas: Polygon, AXS  | Crypto Gainers and Losers | June 11, 2023

Disclaimer: BitPinas articles and its external content are not financial advice. The team serves to deliver independent, unbiased news to provide information for Philippine-crypto and beyond.