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Ethereum’s value saw an increase of 5% in the last 24 hours.
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Solana’s value also increased in value within the last 24 hours by 8%.
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Avalanche saw the highest gains within the last 24 hours, with an increase of 12%.
HODLing as a strategy has become popular among cryptocurrency enthusiasts due to the fact that it describes a long-term approach in terms of cryptocurrency investing.
The main strategy implemented here is where investors essentially hold on to their cryptocurrency investments, despite the falls in price, with the eventual goal and hope that the token will get back up in value.
Should you buy Ethereum (ETH)?
On February 23, 2022, Ethereum (ETH) had a value of $2,722.04.
In terms of the all-time high value of the token, Ethereum (ETH) had a value of $4,878.26 on November 10, 2021. Here, we can see that at its ATH, the token was $2,156.22 higher in value or by 79%.
When we look at last month’s performance, Ethereum (ETH) had its highest point of value on January 4, when it reached a value of $3,874.34.
Its lowest point of value was on January 24, when the token saw a decrease in value to $2,199.92. This gives us an indication that the token decreased in value by $1,674.42 or by 43%.
With all of this in mind, Ethereum (ETH) can reach $3,000 by the end of March 2022, which makes it a solid token to buy and HODL.
Should you buy Solana (SOL)?
On February 23, 2022, Solana (SOL) had a value of $91.67.
Going over the all-time high value of the token, Solana (SOL) had a value of $259.96 on November 6, 2021. This means that at its ATH, the token was $168.29 higher in value or by 183%.
Going over the value points throughout the previous month, Solana (SOL) had its highest point of value on January 2, when it reached $178.74 in value.
Its lowest point of value was on January 24, when the token saw a decrease in value to $82.71. This marked a decrease in value of $96.03 or by 53%.
With this in mind, SOL is a token worth buying and HODLing, as it can reach $100 by the end of March 2022.
Should you buy Avalanche (AVAX)?
On February 23, 2022, Avalanche (AVAX) had a value of $81.35.
Discussing the all-time high value of the token, Avalanche (AVAX) had a value of $ $144.96 on November 21, 2021. Here we can see that, at its ATH, the token was $63.61 higher in value or by 78%.
Discussing January’s performance, Avalanche (AVAX) had its highest point of value on January 2, when the token reached a value of $117.18.
The token’s lowest point of value was on January 22, when it decreased to $55.84. This marked a decrease in value of $61.34 or 52%.
At $81.35, AVAX is a solid token to buy and HODL, as it can reach $90 by the end of March 2022.
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Tagged: Analysis, crypto blog, Crypto news