-
HIVE, THETA and STEEM are the best media tokens to buy on January 28th, 2022.
-
Each token has its own utility within its ecosystem
-
Each of these tokens has the potential to appreciate in value by the end of February 2022.
Hive is a decentralized information exchange network built on top of the Delegated Proof of Stake (DPoS) protocol.
Theta is a blockchain-based network designed specifically for video streaming and launched in March 2019.
Steem is a community-based blockchain designed to provide customers with earning opportunities based on their value to the network, where they can publish curated content online and get paid in crypto.
Should you buy Hive (HIVE)?
On January 28, 2022, Hive (HIVE) was valued at $0.88.
To get a better idea of what exactly this means for the HIVE token, we will compare its current value to its all-time high as well as its December performance.
The all-time high of the Hive (HIVE) token was on November 26, 2021 when the token hit $3.41. This means the token was up $2.53, or 287%, at its ATH from today.
In terms of December performance of the token, Hive (HIVE) recorded a value of $2.66 on December 1st, which was its highest point, and a value of $1.29 on December 15th, which was its lowest point . This indicated a loss of $1.37, or 51%, over that time span.
With this in mind, HIVE can reach $1.2 by the end of February 2022, making it a solid buy.
Should You Buy Theta Network (THETA)?
On January 28, 2022, Theta Network (THETA) was valued at $2.90.
To get a better idea of what exactly this means for THETA token, we will compare its current value to its all-time high as well as its December performance.
The all-time high of the Theta Network (THETA) token was on April 16, 2021, when the token hit $15.72. This means that the value of the token at its ATH was $12.82 or 442% higher than today.
In terms of the token's December performance, Theta Network (THETA) had its highest point on December 1st at $6.8, while its lowest point was on December 20th when the token's value dropped to $3.8. That represented a drop of $3, or 44%.
Against this backdrop, THETA is a solid buy at $2.9 as it can reach $4 by the end of February 2022.
Should You Buy Steem (STEEM)?
On January 28, 2022, Steem (STEEM) was valued at $0.29.
To get a better idea of what exactly this means for the STEEM token, we will compare its current value to its all-time high as well as its December performance.
The all-time high of the Steem (STEEM) token was on January 3, 2018 when it hit $8.19. At its ATH, the token's value was up $7.9, or 2724%.
In terms of December performance of the token, Steem (STEEM) had a value of $0.68 on December 1st, which was its highest point, while its low was on December 15th with a value of $0.39. This represented a loss of $0.29, or 42%.
With this in mind, STEEM can reach $0.40 by the end of February 2022, making it a solid buy at $0.29.
The post HIVE, THETA and STEEM: The best media tokens on January 28, 2022 appeared first on BitcoinMag.de.