Mon. Aug 15th, 2022

  • FIL, AR and HOT are blockchain-based, decentralized storage solutions.

  • With the increasing demand for storage solutions, every token has the potential to increase in value.

  • These are the top three storage-oriented tokens to buy on November 23rd.

Filecoin is a decentralized storage system whose FIL token is the native cryptocurrency token that powers the decentralized peer-to-peer network for file storage.

Arweave is a decentralized storage network specially designed to provide a platform for unlimited storage of data.

Holo is a distributed peer-to-peer platform designed to host decentralized applications. The Holo-Network is based on a number of hosts that provide storage and processing power for dApps with Holochain.

Should you buy Filecoin (FIL)?

On November 23, Filecoin (FIL) was valued at $ 51.23.

To get a better idea of what exactly this means for the token, we will compare its current value with its all-time high as well as its performance in October.

In relation to its all-time high, the FIL token stood at $ 236.84 on April 1. The FIL token was at its ATH value by $ 185.61 or 362% higher than it was currently.

On October 8th, Filecoin (FIL) was priced at $ 80.7, which was the highest value of the month.

However, its low point was on October 28th when the token was valued at $ 55.01. The value of the token was down $ 25.69, or 31%.

With that in mind, we can expect FIL to hit $ 55 by the end of November, making the token a solid buy.

Should You Buy Arweave (AR)?

On November 23, Arweave (AR) was valued at $ 60.47.

To get a better idea of what exactly this means for the AR token, we will compare its current value with its all-time high as well as its performance in October.

In terms of its all-time high volume, AR was valued at $ 89.24 on November 5th. At its ATH value, the token was $ 28.77, or 47% higher than it is today.

On October 1st, AR had its lowest price of $ 43, while its highest was measured on October 8th at $ 69.19.

With that in mind, the value of the token rose by $ 26.19, or 60%, over the period.

However, we can expect the AR token to hit $ 65 by the end of November, making it a solid buy.

Should you buy Holo (HOT)?

On November 23, Holo (HOT) was valued at $ 0.012712.

To get a better idea of what exactly this means for the token, we will compare its current value with its all-time high as well as its performance in October.

If we look at Holo's all-time high (HOT), it was valued at $ 0.03126682 on April 5th. At its ATH value point, the token was $ 0.01855482, or 145%, higher than it is now.

On October 1, Holo (HOT) was valued at $ 0.007855.

Additionally, the highest value in October was on October 31, when the token hit a value of $ 0.0146. According to this, the value of the token had risen by $ 0.006745, or 85%.

With that in mind, we can expect HOT to hit $ 0.02 by the end of November, making it a solid buy.

The post Top 3 storage tokens to be bought on November 23: FIL, AR and HOT 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.