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The Top 3 Alternatives to Ethereum that you can buy on December 22: DOT, ZEC, and LINK.

The Top 3 Alternatives to Ethereum that you can buy on December 22: DOT, ZEC, and LINK.
  • Polkadot (DOT) saw an increase in value of 7.40% in the last 24 hours.

  • Zcash (ZEC) saw an increase in its market cap by 3% in the last 24 hours.

  • Chainlink (LINK) has huge potential for growth.

Polkadot (DOT) is an open-source blockchain platform designed to operate two types of blockchains, the main network known as the relay chain and parachains which are user-created networks.

Zcash (ZEC) is a privacy-oriented digital currency that uses cryptography to provide an enhanced level of privacy to users.

Chainlink (LINK) is an open-source technology that is developed by a large community of developers, researchers, and users. 

Should you buy Polkadot (DOT)?

On December 22, Polkadot (DOT) had a value of $26.76.

To see what kind of value point this is for the token, we will go over its all-time high value as well as its performance last month.

Polkadot (DOT) had its all-time high value on November 4, when it reached a value of $54.98.

Its lowest point of November was on November 28, when the DOT token decreased in value to $32.92.

Here, we can see that the token decreased in value by $22.06 or by 40%.

That said, at its current price point of $26.76, the DOT token is worth buying as it has the potential to increase in value to $32 again by the end of December.

Should you buy Zcash (ZEC)?

On December 22, Zcash (ZEC) had a value of $163.03.

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.

Zcash (ZEC) had its all-time high value on October 29, 2016, where it reached a value of $3,191.93. Here, we can see that at its ATH value point, the token was $3,028.9 higher in value than on December 22, 2021.

When we go over the performance in November, on November 18, ZEC had its lowest point of the month in terms of value at $146.38.

Its highest point of value, on the other hand, was on November 25, when it raised its value to $302.79.

This indicates that the token grew in value by $156.41 or by 106% before dropping back down to $163.03.

At its current price point of $163.03, the ZEC token is a worthwhile buy due to the fact that it has the potential to reach $175 by the end of December, making it a solid buy.

Should you buy Chainlink (LINK)?

On December 22, Chainlink (LINK) had a value of $20.15.

To see what this value point means for the token, we will go over its all-time high value as well as its performance in November.

Chainlink (LINK) had its all-time high value on May 10, when the token reached a value of $52.70.

Here, we can see that at its ATH value point, the token was $32.55 higher in value or by 161%.

When we go over the performance of the token last month, we can see that on November 10, the token had its highest value point at $38.12.

Its lowest value point was on November 28, when the token fell to a value of $23.23. This gives us an indication that the token dropped in value by $14.89 or by 30%.

If LINK breaks the $21 barrier, it has the potential to increase to $25 by the end of December, making it a solid buy. If the LINK token goes under $20 in value, then it might be worth reconsidering.

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