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Top 3 of the financial tokens to be bought on December 6th: KAVA, POLY and ETN

Kava is a cross-chain decentralized financing platform (DeFi) that enables users to borrow USDX stablecoins and deposit other cryptocurrencies for returns.

Polymath is a technology that enables developers to create, issue, and manage security tokens on the blockchain.

Electroneum is a cellphone-based cryptocurrency platform that offers an instant payment system solution launched in September 2017.

Should You Buy Kava (KAVA)?

On December 6th, Kava (KAVA) was valued at $ 3.53.

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.

Kava hit its all-time high on August 30th when the token hit a value of $ 9.12. Here we can see that the token was up $ 5.59, or 61%, at its ATH value point.

In terms of November performance, the ETN token was valued at $ 6.26 on November 2nd, which was the highest value of the month.

Its lowest value was on November 28th when the token fell to $ 4.66. This shows that the value of the token has fallen by $ 1.6, or 25%.

Although the value of the token has fallen to $ 3.53, there remains a cheap entry point for buyers.

KAVA has the potential to grow in value to $ 4 by the end of December, making it a solid buy.

Should You Buy Polymath (POLY)?

On November 6th, Polymath (POLY) was valued at $ 0.50.

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.

Polymath hit its all-time high on February 20, 2019 when it hit a value of $ 1.59. Here we can see that at its all-time high, the token was $ 1.09, or 218%, higher than it is today.

In terms of November performance, the bottom was on November 19th when POLY was worth $ 0.60.

Its highest value was on November 28th when the value of the token rose to $ 0.93. Here we can see that the value of the POLY token has increased by $ 0.33, or 55%.

With that in mind, we can expect POLY to hit $ 0.90 by the end of December, making it a solid buy mark.

Should You Buy Electroneum (ETN)?

On December 6th, Electroneum (ETN) was valued at $ 0.01.

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.

Electroneum (ETN) hit its all-time high on January 6, 2018 with a value of $ 0.207. Here we can see that the token was up 1970% or $ 0.197 higher at its ATH value.

If we look at performance in November, the ETN peaked on November 10th when it hit $ 0.028.

Its lowest point was on November 11th when the token fell to $ 0.012. This indicates that the value of the token has fallen by 57%, or $ 0.016.

However, ETN has the potential to appreciate and we could see that the token could hit $ 0.03 by the end of December, making it an interesting buy.

However, if ETN falls below the $ 0.01 price range, it might be worth reconsidering.

The post Top 3 of the financial tokens to be bought on December 6th: KAVA, POLY and ETN appeared first on BitcoinMag.de .

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