Terra's trading volume has increased 43% in the past 24 hours.
Uniswap's volume increased by 66% over the same period.
Aave also saw a 50% increase in volume.
Terra (LUNA), Uniswap (UNI) and Aave (AAVE) have all seen significant growth recently in terms of both trading volume and value.
Because of this, they are selected as the top three DeFi tokens to buy on November 9, 2022.
Should you buy Terra (LUNA)?
On November 9th, Terra (LUNA) is valued at $ 52.
To give you an indication of what value this is for the token, we'll show you its all-time high as well as its performance in October.
Luna hit its new all-time high of $ 54.77 on November 8th. That means the token lost only $ 2.77 in value in one day.
On October 4th, LUNA posted its highest value of the month at $ 49.05.
Its lowest value was on October 17, when the token fell to a value of $ 35.38. This signaled a drop of $ 13.67, or 27%. Subsequently, however, the value of the coin grew to its all-time high.
From October 17 to November 8, the token rose by $ 19.93.
At this rate, Terra (LUNA) has the potential to hit $ 55, making it quite attractive to buy at $ 52.
Should you buy Uniswap (UNI)?
On November 9th, Uniswap (UNI) is worth $ 26.34.
To get a better idea of what that value point is for the token, we'll compare it to its all-time high as well as its October performance.
Uniswap hit its all-time high on May 3 when the token hit a value of $ 44.92. The token's value at its ATH point was 70%, or $ 18.58, higher than it was on November 9th.
On October 12, the token hit its lowest value at $ 22.48.
Its highest point was on October 26th when it hit $ 27.99: it was up $ 5.51, or 24%.
With that in mind, we can see that UNI currently has the potential to hit $ 30 by the end of November. So buying is a solid decision right now.
Should You Buy Aave (AAVE)?
On November 9, Aave (AAVE) was valued at $ 333.11.
With the aim of finding out what kind of value this represents for the token and how far it could rise, we compare it with its all-time high and its performance in October.
Aave hit its all-time high of $ 661.69 on May 18. At its ATH point, it was $ 328.58, or 98% higher than its November 9th value.
On October 12, AAVE was at its lowest value of the month at $ 272.61.
Its peak was on October 27th when the token rose to a value of $ 422.97: an increase in value of $ 150.36, or 55%.
However, the coin then fell to the value we see today on November 9th. From October 29 to November 9, the price of the token fell $ 89.86, or 21%.
This brings it to a point where it can go up in value. With its current momentum, it has the potential to hit $ 350 by the end of November. So it is a very promising purchase.
The post Top 3 DeFi tokens to buy on November 9th: LUNA, UNI and AAVE appeared first on BitcoinMag.de .