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FIL, AR and HOT are blockchain-based, decentralized storage solutions.
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With the increasing demand for storage solutions, every token has the potential to increase in value.
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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 .