Ethereum ETH/USD is a blockchain platform. ETH is the native cryptocurrency token used on the blockchain.
Cardano ADA/USD is a blockchain platform that focuses on the development of decentralized applications (dApps), where ADA is its native token.
Solana SOL/USD is a web-scale blockchain developed to provide quick, secure, and scalable decentralized applications and marketplaces.
Should you buy Ethereum (ETH)?On December 6, Ethereum (ETH) had a value of $4,062.
With the goal of getting a better perspective as to what kind of value point this is for the token, we will go over its all-time high value as well as its performance in November.
In terms of the all-time high value of Ethereum, it was on November 10 when the token reached a value of $4,878.
Here, we can see that at its ATH value point, ETH was $816 higher in value, or by 20% when compared to its value on December 6.
In terms of November’s value points, the highest point of value was on November 10, when ETH climbed to $4,843.
Its lowest point, however, was on November 18, when the token fell to a value of $3,987.
Here, we can see that the token fell in value by $856 or by 17%.
However, from November 18 to December 6, it increased by $75 or by 2%.
With that in mind, we can expect ETH to reach $4,200 by the end of December, making it a solid buy.
Should you buy Cardano (ADA)?On December 6, Cardano (ADA) had a value of $1.30.
To see what this value point means for the token, we will go over its all-time high value as well as its performance last month.
Cardano’s all-time high volume was on September 2, when the token reached a value of $3.09. Here, we can see that the token, at its ATH value point, was $1.79 higher in value or by 137%.
When we look at November as a point of comparison, on November 9, the token had its highest point of value at $2.33.
Its lowest point of value was on November 28, when the token fell to $1.46. Here we can see that the token fell in value by $0.87 or by 37%.
However, from November 28 to December 6, the token fell by an additional $0.16 or by 11%.
This makes it the perfect opportunity to buy the ADA token, as it has the potential to climb to $1.80 by the end of December.
Should you buy Solana (SOL)?On December 6, Solana (SOL) had a value of $183.
With the goal of getting a better perspective as to what kind of value point this is for the token, we will compare it to it’s all-time high value as well as its performance in November.
The all-time high value of the SOL token was on November 6, when it reached a value of $259. Here, we can see that at its ATH value point, the token was $76 higher in value or by 41%.
When we look at the performance of the SOL token last month, on November 7, the token had its highest point of value at $258.
Its lowest point of value was on November 28, when SOL fell to $185.
Here, we can see that the token fell by $73 or by 28%.
Additionally, from November 28 to December 6, the token fell by an additional $2.
This is a solid price point to enter and buy SOL, as the token has the potential to climb to $200 by the end of December.
The post Top 3 tokens to buy on December 6: ETH, ADA, and SOL appeared first on Invezz.
