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UNI, CRV, 1INCH, and SUSHI are some of the best DEX tokens that you can get on May 13.
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Each token has showcased an increase to its value within the last 24 hours.
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All of these tokens have the potential to increase in value by the end of May 2022.
Uniswap (UNI), Curve DAO Token (CRV), 1inch (1INCH), and Sushi (SUSHI) are all decentralized exchange (DEX) tokens.
On May 6, 2022, Enzyme announced its integration with Uniswap.
On May 12, 2022, ParaSwap also posted a tweet about how $180 million were sent to Curve Finance.
SushiSwap also announced how the Sushi 2.0 Proposal passed on Snapshot and is paving the road ahead.
Then on May 13, 2022, 1inch Network announced the 1inch cumulative Merkle drop tool.
All of these developments will contribute to the growth of these decentralized exchanges and the value of their native cryptocurrency tokens.
Should you buy Uniswap (UNI)?
On May 13, 2022, Uniswap (UNI) had a value of $5.10.
The all-time high value of Uniswap (UNI) was on May 3, 2021, when the token reached a value of $44.92. Here we can see that at its ATH, the token was $39.82 higher in value, or by 780%.
When we go over the performance of the token throughout the previous month, Uniswap (UNI) had its highest point of value on April 4 at $12.09.
Its lowest point was on April 30 at $7.39. Here, we can see a decrease of $4.7 or 38%.
With this in mind, we can expect UNI to reach $8 by the end of May, making it a solid buy.
Should you buy Curve DAO Token (CRV)?
On May 13, 2022, Curve DAO Token (CRV) had a value of $1.50.
When we look at the token’s all-time high point of value, Curve DAO Token (CRV) had its ATH on August 14, 2020, at $54.01. Here we can see that the token was $52.51 higher in value, or by 3500% at its ATH.
Looking at how the token performed throughout the previous month, Curve DAO Token (CRV) had its highest point on April 3 at $3.01, while its lowest was on April 18 at $2.07. This marked a decrease in value of $0.94 or 31%.
With this in mind, at $1.50, CRV is at a solid entry point as it can climb to $5 by the end of May 2022.
Should you buy 1inch (1INCH)?
On May 13, 2022, 1inch (1INCH) had a value of $0.894.
Going over the token’s all-time high, 1inch (1INCH) had its ATH on October 27, 2021, with a value of $8.65. Here, we can see that the token was $7.756 higher in value, or by 867%.
When we look at its performance in April, 1inch (1INCH) had its highest point on April 2 at $2.05, while its lowest was on April 30 at $1.22. Here we can see that it decreased in value by $0.83 or by 40%.
With this in mind, at $0.894, 1INCH represents a solid entry point as it can reach $1.8 in value by the end of May 2022.
Should you buy Sushi (SUSHI)?
On May 13, 2022, Sushi (SUSHI) had a value of $1.40.
When we look at the all-time high point of value for the token, Sushi (SUSHI) had its ATH on March 13, 2021, with a value of $23.38. Here, we can see that the token was $21.98 higher in value, or by 1570%.
When we go over how the token performed in April, Sushi (SUSHI) had its highest point on April 1 at $4.74, while its lowest was on April 30 at $2.54. Here, we can see that SUSHI decreased by $2.2 or by 46%.
With this in mind, SUSHI is a solid buy as it can reach $2.7 by the end of May. 2022.
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Tagged: Analysis, crypto blog, Crypto news