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Within the last 24 hours, ADA, SOL, ALGO, and XTZ have increased in value.
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Each token utilizes the Proof-of-Stake (PoS) consensus mechanism.
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All tokens listed here have huge potential for growth going forward.
Cardano (ADA), Solana (SOL), Algorand (ALGO), and Tezos (XTZ) are all Proof-of-Stake (PoS) tokens, and today, we are going to go over each token individually as a means of seeing how far they can grow in value by the end of March 2022.
Should you buy Cardano (ADA)?
On March 17, 2022, Cardano (ADA) had a value of $0.8419.
The all-time high of Cardano (ADA) was on September 2, 2021, when the token reached a value of $3.09.
When we go over February’s performance, Cardano (ADA) had its highest point on February 8 with a value of $1.2494.
Its lowest point, however, was on February 24, when the token decreased to $0.7623. This means that the token decreased in value by $0.4871 or by 39%.
With this in mind, we can expect ADA to increase to $1 by the end of March 2022, making it a solid token to buy.
Should you buy Solana (SOL)?
On March 17, 2022, Solana (SOL) had a value of $87.
The all-time high of Solana (SOL) was on November 6, 2021, when the token reached a value of $259.96.
Going over last month’s performance, Solana (SOL) had its highest point on February 7 at $121.33.
Its lowest point was on February 24 at $77.99. This is an indication that the token decreased to $43.34 or by 35%. However, since then, the token has increased in value by $9.01 or by 11%.
With this in mind, SOL can reach $100 by the end of March 2022.
Should you buy Algorand (ALGO)?
On March 17, 2022, Algorand (ALGO) had a value of $0.7287.
The all-time high of Algorand (ALGO) was on June 20, 2019, when the token reached a value of $3.56.
Discussing the performance throughout the previous month, Algorand (ALGO) had its highest point on February 8 at $1.0982.
Its lowest point was on February 24, with a value of $0.708.
This gives us an indication that the ALGO token decreased by $0.3902 or by 35%.
With this in mind, at $0.7287, the token is a solid buy as it can climb to $1 by the end of March 2022.
Should you buy Tezos (XTZ)?
On March 17, 2022, Tezos (XTZ) had a value of $3.09.
The all-time high of Tezos (XTZ) was on October 4, 2021, when the token reached a value of $9.12.
Looking at February, Tezos (XTZ) had its highest value point on February 10 at $4.55.
Its lowest point was on February 24, when it decreased to $2.62. This means that the token decreased in value by $1.93 or by 42%.
However, since then, the token has seen an increase in value by $0.47 or by 18%.
With this put into perspective, XTZ can reach $3.5 by the end of March 2022.
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Tagged: Analysis, crypto blog, Crypto news