Sun. Aug 14th, 2022

  • SOL has seen its trading volume grow 43% in the past 24 hours.

  • ADA's trading volume increased 38% in the past 24 hours.

  • The trading volume at ETH has climbed 40% in the last 24 hours.

Solana is a platform for decentralized financial applications (DeFi) and offers Smart Cointracts. SOL is the native cryptocurrency token that powers the Solana network.

Cardano is a public blockchain platform that can enable peer-to-peer transactions. ADA is the native cryptocurrency token that powers the Cardano blockchain.

Ethereum is the second largest blockchain network in terms of market capitalization and uses smart contracts. It's been powering decentralized finance (DeFi) for years, and Ether (ETH) is the native cryptocurrency token that powers it.

Should You Buy Solana (SOL)?

On November 29th, Solana (SOL) was valued at $ 206.

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.

On November 6th, SOL hit its all-time high of $ 259.96. At its ATH value point, the token was $ 53.96, or 26%, higher than it is today.

In terms of performance in October, on October 12th, SOL had its lowest reading at $ 138.

Its peak was on October 25th when it hit $ 218. The value of the token rose by $ 80, or 58%, in October.

With that in mind, we can expect Sol to hit $ 240 by the end of December, making it a promising buy.

Should You Buy Cardano (ADA)?

On November 29th, Cardano (ADA) was valued at $ 1.57.

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.

ADA hit its all-time high of $ 3.09 on September 2. The value of the token at that point was $ 1.52, or 96% higher than its value on November 29.

If we look at performance in October, the token peaked at $ 2.33 on October 7th.

Its lowest value was on October 28, when the value of the token fell to $ 1.91. That meant a decrease of $ 0.42, or 18%.

However, ADA has the potential to climb back to $ 2.2 by the end of December, making it a promising buy.

Should You Buy Ethereum (ETH)?

On November 29th, Ethereum (ETH) was worth $ 4,345.

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.

ETH hit its all-time high on November 10th when the token hit a value of $ 4,878. The ETH token was $ 533 or 12% higher than it is today at its ATH value point.

In terms of October performance, the token hit its lowest value on October 1 at $ 2,993.

Its peak in October was on October 29th when it hit a value of $ 4,445.

Here we can see that the value of the token rose by $ 1,452, or 48%, in October.

With that in mind, we can expect ETH to hit $ 4,400 by the end of December, making it a promising buy.

The post Top 3 tokens to buy on November 29th: SOL, ADA and ETH 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.