CandleFocus

Axie Infinity and Chainlink Highlight Altcoin Profitability Divide

A majority of holders for various cryptocurrencies, including Axie Infinity (AXS), are currently experiencing losses despite the overall rise of digital assets. Holder percentages for ARB, ALGO, CHZ, and SAND are also in the negative. However, Chainlink (LINK) is the most profitable altcoin for investors with no losses reported. AXS has experienced the biggest losses compared to its all-time high. Analysts suggest that altcoins may soon experience a breakout and continue to climb based on the bullish cup and handle pattern observed in the altcoin market cap chart.

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