Cardano ADA/USD, Solana SOL/USD, and Terra LUNA/USD are some of the quickest-growing cryptocurrencies of the past few years.
As such, they have been a huge point of appeal in the minds of many investors who buy HODL cryptocurrencies.
As such, today, we are going to go over each of them individually to see how far they have grown in value and what kind of returns you can expect going forward.
Should you buy Cardano (ADA)?On May 9, 2022, Cardano (ADA) had a value of $0.6921.
We will now be going over how much the token increased from 2021 to 2022.
On January 1, 2021, ADA was worth $0.1753, while on January 1, 2022, ADA was worth $1.377.
This marked an increase in value of $1.2017, or by 685%, throughout the span of a year.
When we go over how the token performed throughout the previous month, however, we can see that ADA had a value of $1.2297 on April 4, while it decreased to $0.7809 on April 30.
Here, we can see a decrease of $0.4488 or 36%.
This places ADA at a solid price point to buy, as it can increase in value to $1.2 by the end of May 2022. However, by the end of the year, ADA can reach $8.
Should you buy Solana (SOL)?On May 9, 2022, Solana (SOL) had a value of $74.76.
Let’s now go over how much the token increased in value.
On January 1, 2021, SOL had a value of $1.8421, while on January 1, 2022, SOL had a value of $178.52.
This marked an increase of $176.6779 or by 9,591% throughout the span of a year.
When we go over the token’s performance throughout the previous month, Solana (SOL) had its highest point of value on May 2, at $141.86.
On May 30, the token decreased to $90.46, which marked its lowest point of value. Here, we can see a decrease of $51.4 or 36%.
What this means is that at its current price point, SOL is a solid buy, as the token can reach a value of $120 by the end of May 2022, while it can climb to $300 by the end of 2022.
Should you buy Terra (LUNA)?On May 9, 2022, Terra (LUNA) had a value of $61.63.
We will now be comparing its value point in 2021 and 2022.
On January 1, 2021, LUNA was worth $0.6494, while on January 1, 2022, the token was worth $91.36.
This marked an increase of $90.7106 or by 13,968% throughout the span of a year.
When we go over the performance of the token throughout the previous month, Terra (LUNA) had its highest point of value on April 5, when it reached $119.1. Its lowest point was on April 18, when it decreased to $76.23.
Here, we can see a decrease of $42.87 or 36%. This puts LUNA at an excellent entry point, as the token can climb to $80 by the end of May 2022. It can also increase to $200 by the end of 2022.
The post Top tokens to buy and HODL which have historically given high returns appeared first on Invezz.
