Tue. Sep 27th, 2022

  • MATIC, LINK and AXS are the go-to tokens for December 28th.

  • Chainlink's trading volume has increased 17% in the past 24 hours.

  • AXS saw its trading volume grow 36% in the past 24 hours.

Polygon is a protocol and framework used to build and connect blockchain networks that are Ethereum compatible.

Chainlink is a decentralized blockchain Oracle network that is built on and runs on Ethereum.

Axie Infinity is an NFT-based online video game that uses Ethereum-based cryptocurrencies.

Should you buy Polygon (MATIC)?

On December 28th, Polygon (MATIC) was valued at $ 2.641.

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

The MATIC token's all-time high was on December 27th when it hit a value of $ 2.92.

On November 3, the token peaked at $ 2.1198.

Its lowest point for the month was on November 18, when the value of the token fell to $ 1.4795. Here we can see that the value of the token is down by $ 0.6403, or 30%.

However, from November 18 to December 28, the value of the token rose by $ 1.1615, or 78%.

With that in mind, we can expect MATIC to hit $ 2.8 by the end of January 2022, making it a solid buy.

Should you buy Chainlink (LINK)?

On December 28th, Chainlink (LINK) was valued at $ 22.37.

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

The all-time high of the LINK token reached a value of USD 52.70 on May 10th. Here we can see that the token was up $ 30.33, or 135%, at its ATH value point.

If we go through the performance of the LINK token over the previous month, the token hit its highest value on November 10th at $ 38.12.

Its lowest value was on November 28, when the value of the token fell to $ 23.23. Here we can see that the value of the token is down by $ 14.89, or 39%.

However, at $ 22.37, LINK is a solid buy as it has the potential to hit $ 25 by the end of January 2022.

Should You Buy Axie Infinity (AXS)?

On December 28, Axie Infinity (AXS) was valued at $ 105.38.

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

AXS hit its all-time high on November 6th when the token hit a value of $ 164.90. The value of the token at its ATH point was $ 59.52, or 56% higher than it is today.

If we go through the performance of the AXS token over the past month, we can see that the token was at its highest value on November 6th at $ 163.48.

Its lowest reading was on November 19, when it fell to $ 123.09. The value of the token has decreased by USD 40.39 or 24%.

With that in mind, AXS is a solid buy at $ 105.38 as it has the potential to hit $ 110 by the end of January 2022.

The post Top Ethereum Ecosystem Token on December 28th: MATIC, LINK and AXS 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.