-
In the past 24 hours, the FIL's trading volume increased 45%.
-
BitTorrent has tremendous growth potential at its current value.
-
Arweave's trading volume has increased 91% in the past 24 hours.
Filecoin (FIL) is a token used to pay for data storage, data retrieval and all other transactions in the Filecoin network.
BitTorrent (BTT) is used as a native cryptocurrency within the network that allows users to access certain functions. BTT is a TRC-10 utility token that supports the most common decentralized protocols and applications.
Arweave is a decentralized data storage protocol that allows users to store documents and applications. AR is the native token used to motivate miners to keep copies of data and pay the transaction fees.
Should you buy Filecoin (FIL)?
On December 14th, Filecoin (FIL) was valued at $ 36.94.
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.
Filecoin (FIL) 's all-time high was on April 1, when the token hit a value of $ 236.84. At its highest ever value, the value of the FIL token was USD 199.9 or 541% higher than it is today.
If we go through November performance, FIL had its highest value of the month on November 10 at $ 69.07.
Its lowest value was on November 24th when the token fell to a value of $ 48.78.
Here we can see that the value of the token has fallen by $ 20.29, or 29%.
With that in mind, FIL is a solid buying opportunity at $ 36.94 as the value can climb to $ 45 by the end of January 2022.
Should You Buy BitTorrent (BTT)?
On December 14th, BitTorrent (BTT) was worth $ 0.00285620.
BitTorrent's all-time high was on April 5, when the token hit a value of $ 0.01356626. This gives us an indication that at its all-time high, the token was up at $ 0.01071006, or 375%, higher than it is today.
If we go through the November token performance, the BTT token's highest value was on November 2nd when it hit a value of $ 0.004235.
Its lowest value was on November 28th when the token fell to a value of $ 0.003022. Here we can see a loss of 28% or $ 0.001213 in value.
With that in mind, BTT is a solid buy at $ 0.00285620 as it can grow in value to $ 0.004 by the end of January 2022.
Should You Buy Arweave (AR)?
On December 14, Arweave (AR) was valued at $ 37.93.
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.
If we look at November, the lowest value was on November 1st when it was only worth $ 50.88.
On November 5th, Arweave (AR) hit its all-time high of $ 89.24.
Here we can see that the value of the token increased by $ 38.36, or 75%, from November 1st to 5th.
However, from November 5 through December 14, Arweave (AR) lost $ 51.31, or 57%, in value.
With that in mind, AR is a solid buy at $ 37.93 as its value can climb to $ 45 by the end of January 2022.
The post Top 3 of the storage tokens to be bought on December 14th: FIL, BTT and AR appeared first on BitcoinMag.de.