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LUNA has seen an 8% increase in value over the past 24 hours.
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UNI and AAVE have the potential to add value.
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Each of these tokens play a key component in the world of decentralized finance.
Terra is a blockchain protocol that uses fiat-linked stablecoins to operate a price stable global payment system that uses LUNA to stake out and absorb the volatility of Terra stablecoins.
Uniswap is a decentralized exchange operated by Ethereum, where UNI is the native token.
Aave is a decentralized, non-attachable money market protocol that allows users to both distribute and borrow. It is operated by the AAVE token.
Should you buy Terra (LUNA)?
On December 3, Terra (LUNA) was valued at $ 67.58.
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.
LUNA's ATH value was $ 69.56 on December 3, four hours prior to the creation of this analysis. Here we can see that the token has depreciated by $ 1.98 in value so far.
In terms of November performance, the token hit its lowest value on November 24th at $ 37.99.
Its peak was reached on November 30th when the token hit a value of $ 58.81.
This gives us an indication that the value of LUNA is up $ 20.82, or 54%.
With that in mind, we can expect LUNA to hit a new ATH value of $ 72 by the end of December, making it a solid buy.
Should you buy Uniswap (UNI)?
On December 3, Uniswap (UNI) was valued at $ 21.81.
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.
UNI's all-time high was on May 3, when the token hit a value of $ 44.92. At its ATH value point, the UNI token was $ 23.11, or 105% more in value than it was on December 3.
In terms of November performance, the token had its highest price on November 10 at $ 28.4.
Its lowest point was on November 28, when the token fell to a value of $ 18.82.
Here we can see that the value of the token is down by $ 9.58, or 33%.
However, from November 28th to December 3rd, we can also see the value of the token increased by $ 2.99, or 15%.
With that in mind, UNI can hit $ 25 by the end of December, which is a solid potential appreciation.
Should You Buy Aave (AAVE)?
On December 3, Aave (AAVE) was valued at $ 234.
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.
AAVE's all-time high was on May 18, when the token hit a value of $ 661.69. This gives us an indication that the token at its ATH point was $ 427.69 higher when compared to December 3rd.
If we look at November's performance, the token had its highest value of the month on November 9th at $ 346.
Its lowest point was on November 28th when the token fell to $ 224. This indicates that the value of the token has decreased by 35%, or USD 122, during that period.
However, from November 28 to December 3, the value of the token rose by $ 10, or 4%.
With that in mind, we can expect AAVE to hit $ 240 by the end of December, making it a solid token to buy on December 3rd.
The post Top 3 DeFi tokens to buy on December 3rd: LUNA, UNI and AAVE appeared first on BitcoinMag.de .