Thu. Mar 28th, 2024

  • AVAX saw its trading volume grow 32% in the past 24 hours.

  • LINK saw its trading volume increase by 8% in the past 24 hours.

  • TIME has the potential for solid growth.

Avalanche is a layer-one blockchain designed as a platform for decentralized applications and custom blockchain networks. AVAX is their native token.

Chainlink is integrated with Avalanche to accelerate the development of decentralized finance (DeFi). LINK is its native token.

Wonderland is the first decentralized reserve currency protocol available on the Avalanche Network. TIME is its native token.

Should You Buy Avalanche (AVAX)?

On December 13, Avalanche (AVAX) was valued at $ 83.6.

To get a better idea of what exactly this means for the token, we'll compare its current value to its all-time high as well as its November performance.

Its lowest value in November was on November 1, when the token fell to a value of $ 62.9.

AVAX hit its all-time high on November 21 when the token hit a value of $ 144.96.

Here we can see that the value of the token rose by $ 82.06, or 130%, in November.

However, from November 21 to December 13, the token lost $ 61.36, or 42%, in value.

This presents a solid opportunity to purchase the AVAX token as it has the potential to climb back to $ 90 by the end of January 2022.

Should you buy Chainlink (LINK)?

On December 13th, Chainlink (LINK) was valued at $ 19.08.

To get a better idea of what exactly this means for the token, we'll compare its current value to its all-time high as well as its November performance.

The LINK token was at its highest ever value on May 10, when it hit a value of $ 52.70. Here we can see that the LINK token was $ 33.62, or 176%, higher than it is today at its ATH value point.

If we look at the LINK token's performance in November, the highest point was on November 10th when the token hit a value of $ 38.12.

Its lowest value was on November 28, when the token fell to a value of $ 23.23. This gives us an indication that the value of the token is down $ 14.89, or 39%.

However, at a price of $ 19.08, the token offers a solid buying opportunity.

If LINK breaks the $ 24 mark, it has the potential to climb to $ 30 by the end of January 2022. However, should it drop below the $ 18 price point, you might want to reconsider.

Should you buy Wonderland (TIME)?

On December 13, Wonderland (TIME) was valued at $ 4,414.87.

To get a better idea of what exactly this means for the token, we'll compare its current value to its all-time high as well as its November performance.

The TIME token hit its all-time high on November 7th when the token hit a value of $ 10,063.72. Here we can see that the token was $ 5,648.85, or 127% higher, at its ATH value point compared to its December 13th value.

If we go through November performance, the token bottomed out on November 2nd when it was valued at $ 6,796.32.

Its highest value was on November 8th when the TIME token hit a value of $ 9,948.15. Here we can see that the value of the token rose by $ 3,151.83, or 46%, in November.

However, from November 8th to December 13th, the token lost 55%, or $ 5,533.28 in value, which makes it a good time to jump in and buy the TIME token.

This is because the token has the potential to grow to $ 6,500 in value by the end of January 2022, making it a solid buy.

The post Top 3 of the Avalanche ecosystem tokens to be bought on December 13th: AVAX, LINK and TIME 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.