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ADA, SOL, DOT, TRX, AVAX, ALGO, and ATOM are all solid Proof-of-Stake (PoS) tokens that you can get.
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All of these tokens have seen an increase in value throughout the last 24 hours.
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Each of them represents an eco-friendly ecosystem of decentralized applications (dApps) and use-cases.
Cardano (ADA), Solana (SOL), Polkadot (DOT), TRON (TRX), Avalanche (AVAX), Algorand (ALGO), and Cosmos Hub (ATOM) are some of the best Proof-of-Stake (PoS) tokens that you can get in June, and we are going to go over each token individually to see why.
Should you buy Cardano (ADA)?
On June 21, 2022, Cardano (ADA) had a value of $0.5037.
In terms of last month’s performance, Cardano (ADA) had its highest point on May 5 at $0.8969 and lowest on May 12 at $0.407, which marked a decrease of $0.4899 or 54%.
In any case, with its recent performance, ADA can reach a value of $1 by the end of July 2022, which makes it a solid pick.
Should you buy Solana (SOL)?
On June 21, 2022, Solana (SOL) had a value of $37.86.
Going over its all-time high, Solana (SOL), on November 6, 2021, the token reached a value of $259.96.
Going over the performance throughout the previous month, Solana (SOL) experienced its highest point of value on May 5 at $94.3, while its lowest point was on May 12 at $41.04. This marked a decrease of $53.26 or 56%.
With this in mind, at $37.86, SOL is a solid buy as it can reach $70 by the end of July 2022.
Should you buy Polkadot (DOT)?
On June 21, 2022, Polkadot (DOT) had a value of $8.11.
Looking at its all-time high, Polkadot (DOT) had its all-time high on November 4, 2021, at $54.98.
When we look at May’s performance, Polkadot (DOT) had its highest point on May 5 at $16.36, while its lowest was on May 12 at $7.64. Here, we can see a decrease of $8.72 or 53%.
With this in mind, at $8.11, DOT is a solid buy as it can climb to $12 by the end of July 2022.
Should you buy TRON (TRX)?
On June 21, 2022, TRON (TRX) had a value of $0.06431.
Going over the ATH point of value, TRON (TRX), it was on June 5, 2018, at a value of $0.231673.
Tron (TRX) had its lowest point of value on May 1 at $0.06255, and when it reached its highest point on May 8, where it was worth $0.08931. This marked an increase of $0.02676 or 42%.
With this in mind, Tron (TRX) is a solid buy as it can climb to $0.1 by the end of July 2022.
Should you buy Avalanche (AVAX)?
On June 21, 2022, Avalanche (AVAX) had a value of $17.93.
When we look at its all-time high, Avalanche (AVAX) reached this peak on November 21, 2021, at $144.96.
Avalanche (AVAX) had its highest point of value on May 5 at $68.59 and lowest on May 27 at $21.68, which marked a decrease of $46.91 or 68%.
With its recent increase, AVAX can reach $22 by the end of July 2022, making it a solid buy.
Should you buy Algorand (ALGO)?
On June 21, 2022, Algorand (ALGO) had a value of $0.3332.
Taking a look at the all-time high of ALGO, it had its all-time high on June 20, 2019, at a value of $3.56.
When we take a look at May’s performance, Algorand (ALGO) the highest point of value was on May 8 at $0.7792, while its lowest was on May 29 at $0.3549, which is a decrease of $0.4243 or 54%.
In any case, at $0.3332, ALGO is a solid buy as it can climb to $0.8 by the end of July 2022.
Should you buy Cosmos Hub (ATOM)?
On June 21, 2022, Cosmos Hub (ATOM) had a value of $6.993.
Looking at its all-time high, Cosmos Hub (ATOM) had its all-time high on January 17, 2022, at $44.45.
Going over May’s performance, Cosmos Hub (ATOM) had its highest point of value on May 5 at $20.27 and lowest on May 12 at $9.0369.
Here we can see a decrease of $11.2331 or 55%. This means that at $6.993, ATOM is at a cheap entry point for new investors.
ATOM can reach $12 by the end of July 2022, assuming it breaks past the $7 price barrier, making it a solid buy.
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Tagged: Analysis, crypto blog, Crypto news