Has crypto winter arrived? 3 tokens have the worst performance for the week with a drop of up to 28%

Three tokens follow Bitcoin's underperformance and are the worst performers of the week: GALA, KDA and CRV.

The beginning of 2022 is not being anything positive for the price of Bitcoin (BTC) which has already dropped about 20% on the year, reaching the $ 40 thousand mark and causing concern for cryptocurrency investors who believed in a new parabolic high. that would take BTC above $100K.

Following this logic, there are those who claim that the crypto winter has arrived. Over the week, three tokens were the worst performers of the week: Gala (GALA) -28.5%, Kadena (KDA) -24.2% and Curve DAO (CRV) -25.5%.

Gala (GALA) -28.5%

Unlike other play-to-earn style games, Gala Games wants to build a network of decentralized nodes to not depend on centralized servers, such as Amazon's AWS, and thereby gain scalability for its features, as well as resources for users who run the nodes.

Today's Gala price is US$ 0.324041, which represents an increase of 1% in the last 24 hours and in the accumulated weekly, a devaluation of the order of -28.5%. Gala's market capitalization is $2.44 billion. The 24-hour volume of GALA is $390.58 million, with a circulating supply of 7,542,496,572 and a maximum supply of 36,519,355,633.

Gala is traded on 45 exchanges, the main ones being: Binance ($157.88 million), HitBTC ($56.36 million) and OKEx ($56.15 million). Gala had a record $0.744542 about 2 months ago.

On the last day, Gala had a transparent volume of 68% and was traded on 100 active markets, with its highest volume trading pairs being USDT ($297.60 million), USD ($35.27 million) and TRY ( $12.87 million).

Kadena (KDA) -24.2%

The Kadena network aims to unite public applications, private blockchains and other interoperable chains in one place, directing traffic to a high-bandwidth server at the heart of the Kadena public network.

Today's price for Kadena is US$9.2311, which represents an increase of 1% in the last 24 hours and in the accumulated weekly, a devaluation of the order of -24.2%. Kadena's market capitalization is $1.54 billion. KDA volume in 24 hours is $53.64 million with a circulating supply of 166,767,107 and a maximum supply of 1,000,000,000.

Kadena is traded on 10 exchanges, with the top ones being KuCoin ($26.29 million), Bkex ($11.66 million) and Gate.io ($11.21 million). Kadena had a record $24.00 2 months ago. As of the last day, Kadena had a transparent volume of 21% and traded in 18 active markets, with her highest volume trading pairs being USDT ($51.85 million), BTC ($1.34 million) and EUR ($280,956). ).

DAO Curve (CRV) -25.5%

CRV is the native token of cryptocurrency exchange Curve, a decentralized exchange for stablecoins that uses automatic market maker (AMM) to manage liquidity.

In August, Curve launched a Decentralized Autonomous Organization (DAO), with CRV as its internal token.

Today's Curve DAO price is US$4.5043, which represents a 4% drop in the last 24 hours and in the weekly accumulated, a devaluation of the order of -25.5%. The market capitalization of Curve DAO is $2.02B. The 24-hour CRV volume is US$608.32 million, with a circulating supply of 448,286,104 and a maximum supply of 1,667,114,908.

Curve DAO is traded on 76 exchanges, with the main ones being Binance ($123.51M), HitBTC ($90.48M) and OKEx ($76.21M). Curve DAO had a record $11.24 over 1 year ago. As of the last day, CRV had a transparent volume of 60% and was traded on 402 active markets, with its highest volume trading pairs being USDT ($440.91 million), USD ($105.95 million) and BTC ($ 19.33 million).