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MATIC, LINK, and AXS are the go-to tokens for December 28.
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Chainlink’s trading volume increased by 17% in the last 24 hours.
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AXS saw an increase in trading volume by 36% in the last 24 hours.
Polygon is a protocol as well as a framework used for building and connecting blockchain networks that are Ethereum-compatible.
Chainlink is a decentralized blockchain oracle network that is built on and runs on top of Ethereum.
Axie Infinity is an NFT-based online video game that uses Ethereum-based cryptocurrencies.
Should you buy Polygon (MATIC)?
On December 28, Polygon (MATIC) had a value of $2.641.
To get a better perspective as to what kind of value point this is for the token, we will go over its all-time high-value point as well as its performance last month.
The all-time high value of the MATIC token was on December 27, when it reached a value of $2.92.
On November 3, the token had its highest value point at $2.1198.
Its lowest point of the month was on November 18, when the token decreased in value to $1.4795. Here, we can see that the token decreased in value by $0.6403 or by 30%.
However, from November 18 to December 28, the token increased in value by $1.1615 or by 78%.
With this in mind, we can expect MATIC to reach a value of $2.8 by the end of January 2022, making it a solid token to buy.
Should you buy Chainlink (LINK)?
On December 28, Chainlink (LINK) had a value of $22.37.
To see what this value point means for the LINK token, we will go over the performance in November, as well as its all-time high value.
The all-time high value of the LINK token occurred on May 10, when it reached a value of $52.70. Here, we can see that at its ATH value point, the token was $30.33 higher in value or by 135%.
When we go over the performance of the LINK token throughout the previous month, on November 10, the token saw its highest value point at $38.12.
Its lowest value point was on November 28, when the token decreased in value to $23.23. Here, we can see that the token decreased in value by $14.89 or by 39%.
However, at its price point of $22.37, LINK is a solid buy as it has the potential to reach $25 by the end of January 2022.
Should you buy Axie Infinity (AXS)?
On December 28, Axie Infinity (AXS) had a value of $105.38.
To get a better estimation as to what this value point means for the AXS token, we will go over its all-time high value as well as its performance last month.
AXS had its all-time high value on November 6, when the token reached $164.90 in value. Here, we can see that the token was $59.52 higher in value at its ATH point, or by 56%.
When we go over the performance of the AXS token last month, we can see that the token had its highest value point on November 6 at $163.48.
Its lowest value point was on November 19, when it dropped in value to $123.09. Here, we can see that the token decreased in value by $40.39 or by 24%.
With all of this in mind, AXS is a solid buy at $105.38 as it has the potential to reach $110 by the end of January 2022.
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Tagged: Analysis, crypto blog, Crypto news