Fri. Aug 19th, 2022

  • Storage tokens have found an important place in the crypto space.

  • FIL, AR, HOT, and STORJ all come from projects related to the storage category.

  • Each of these tokens has the potential to increase in value.

Filecoin (FIL), Arweave (AR), Holo (HOT), and Storj (STORJ) are all storage tokens. Each token has the potential to appreciate in value by the end of February 2022.

We will go through each token and see exactly how far it can go in value.

Should You Buy Filecoin (FIL)?

On January 26, 2022, Filecoin (FIL) was valued at $18.61.

Filecoin (FIL) all-time high was on April 1, 2021 when the token hit $236.84. This means that the token at its ATH was up $218.23 or 1172% from today.

In terms of December performance, the token peaked on December 1 at $55.37. Its lowest value was on December 31 when it fell to $33.58. This means the token has lost $21.79 or 39% in value.

With this in mind, FIL at $18.61 is a solid buy as it can reach $25 by the end of February 2022.

Should You Buy Arweave (AR)?

On January 26, 2022, Arweave (AR) was valued at $33.35.

Arweave (AR)'s all-time high was on November 5 when the token hit $89.24. This means the token was up $55.89 or 167% at its ATH.

In terms of December performance, the token had its bottom on December 15 at $36.02, while its high was on December 25 at $68.07.

That means the token has appreciated in value by $32.05, or 89%.

With that in mind, the token at $33.35 is a solid buy as it can rally to $40 by the end of February 2022.

Should You Buy Holo (HOT)?

On January 26, 2022, Holo (HOT) was valued at $0.0045.

The Holo (HOT) all-time high was on April 5, 2021 when the token hit $0.0312. This means that the value of the token at its ATH was $0.0267 or 593% higher than today.

In terms of December performance, the token peaked on December 1 at $0.0122.

Its lowest was on December 20 when it fell to $0.0068. This represented a loss of $0.0054, or 44%.

With this in mind, HOT at $0.0045 is a solid buy as it can reach $0.007 by the end of February 2022.

Should you buy Storj (STORJ)?

On January 26, 2022, Storj (STORJ) was valued at $1.07.

The all-time high of Storj (STORJ) was on March 28, 2021 when the token hit $3.81. This increased the value of the token by $2.74 or 256% at its ATH.

Regarding the token's performance over the last month, on December 1st, the token had a value of $2.64, which was its highest point, while its lowest point was on December 15th, where it had a value of 1, Reached $35.

This indicates that the token is down $1.29, or 49%. With this in mind, STORJ at $1.07 is a solid buy as it can reach $1.5 by the end of February 2022.

The post The 4 best storage tokens on January 26, 2022: FIL, AR, HOT and STORJ appeared first on BitcoinMag.de.

By Dov Herman

Dov is a Blockchain and Forex trading enthusiast, who spends most of his time trading and examining software who are related to cryptocurrencies and forex trading. You can follow on Dov’s reviews and articles here on TrustedBrokerz and across the web.