Is access protocol (ACS) underperforming the global cryptocurrency market?

With a price decline of -13.60% in the last 7 days, Access Protocol (ACS) is underperforming the global cryptocurrency market which is down -1.40%. What is the market sentiment of Access Protocol today?

What is a cryptocurrency & how does it work?

A cryptocurrency is a digital, encrypted, and decentralized medium of exchange. Unlike the U.S. Dollar or the Euro, there is no central authority that manages and maintains the value of a cryptocurrency. Instead, these tasks are broadly distributed among a cryptocurrency’s users via the internet.

Where can I buy cryptocurrencies?

Cryptocurrencies can be purchased through crypto exchanges, such as Coinbase. They offer the ability to trade some of the most popular cryptocurrencies, including Bitcoin, Ethereum and Dogecoin. Still, they may also have limitations. You’ll have to check to see if your exchange supports the right crypto pairing you need to make a purchase.

Can cryptocurrencies become a form of money?

Although some crypto investors are hopeful that cryptocurrencies might someday be adopted as a form of money, most see crypto as an alternative asset that can appreciate in value. It’s a way to invest in blockchain technology. Some people purchase cryptocurrency as a way of indirectly investing in its underlying blockchain.