Aave AAVE/USD is an open-source and non-custodial liquidity protocol that allows users to earn interest on deposits or to borrow assets. AAVE is the native cryptocurrency token used in the network.
Avalanche AVAX/USD is one of the fastest smart contract platforms within the blockchain industry, where AVAX is the native cryptocurrency token used for the payment of the transaction fees and for staking within the consensus process.
Solana SOL/USD is a blockchain platform specifically developed to host decentralized as well as scalable applications, which was founded in 2017. SOL is the native cryptocurrency token used by the network.
Should you buy Aave (AAVE)?On January 10, Aave (AAVE) had a value of $202.01.
To get an indication as to exactly what this value point means for the AAVE token, we will go over its ATH value as well as its performance last month.
AAVE’s all-time high value was on May 18, when the token reached a value of $661.69. At its ATH point of value, the token was 227% higher in value or by $459.68.
In terms of the token’s performance last month, on December 15, the token had its lowest point of value at $160.05.
Its highest value point, however, was on December 28, when the token reached a value of $292.84. This gives us an indication that the token increased in value by $132.79 or by 83%.
With this in mind, at $202.01, AAVE is a solid buy as it has the potential to reach $220 by the end of January.
Should you buy Avalanche (AVAX)?On January 10, Avalanche (AVAX) had a value of $85.29.
As a means of figuring out exactly what this value point means for the AVAX token, we will go over its ATH value alongside its performance in December.
AVAX’s all-time high value was on November 21, when the token reached a value of $144.96. Here, we can see that at its ATH value, the token was $59.67 higher in value or by 70%.
When we go over the performance of the token last month, we can see that its highest point was on December 1, when it reached $127.05 in value.
Its lowest value point, however, was on December 14, when the token decreased to $77.22. This means that the token decreased in value by $49.83 or by 39%.
However, from December 14 to January 10, the token saw an increase in value by $8.07 or by 10%.
With this in mind, we can expect AVAX to reach $100 by the end of January, making it a solid buy.
Should you buy Solana (SOL)?On January 10, Solana (SOL) had a value of $136.52.
In order for us to get an indication as to what kind of price point this is for the SOL token, we will go over its ATH point of value alongside its value point in December.
The all-time high value of the Solana (SOL) token was on November 6, when it reached $259.96. This means that at its ATH value, the token was $123.44 higher in value or by 90%.
When we go over the performance of the token throughout the previous month, we can see that its highest point of value was on December 2, when it reached $242.28 in value.
Its lowest point of value, however, was on December 14, when it decreased in value to $151.62. Here, we can see that the token decreased in value by $90.66 or by 37%.
With this in mind, at $136.52, the SOL token is a solid buy as it has the potential to reach $150 by the end of January.
The post Are AAVE, AVAX and SOL really worth buying on January 10? appeared first on Invezz.
