There are a lot of Crypto Currencies out there and these can rise and fall in Value at anytime. Because of this fact, there are some Crypto Currencies that have performed worse than others in 2022. So if you are thinking about investing in Crypto Currencies, Here are three that you may not want to buy because of how badly they have performed.
THORChain allows it's users to easily exchange their Crypto Currency assets across a range of networks while ensuring that they don't lose full custody of their assets in the process. While this is a good idea, in the last seven days the price has fallen by over fourteen percent.
This one was launched in 2019 and is being described as a Blockchain powered network that was built for the purpose of video streaming. While I don't completely understand what that means, I do understand that the price has fallen by over fourteen percent in the last seven days and that's not good for investors that have already spent their money on it.
The Sandbox :
The Sandbox is a Blockchain virtual world that allows users to buy, sell, design and develop digital assets in the form of a game. It was launched in 2011 but in the last thirty days it was down by over twenty three percent.
My Opinion :
While these three Crypto Currencies are doing badly at the moment, there prices can rise at anytime. So while you may not want to buy them right now, keep an eye on there progress.
With anything dealing with Crypto Currencies I urge people to do research and get all the information before investing their money.
What do you think of these observations, tell me in the comments section and follow for more lifestyle news as it happens.
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