Cointext is an app that lets you take control of your crypto and Fiat when trading, buying with friends or selling. As the holidays come around many people like to buy gifts for their loved ones so let’s discuss these 3 tokens in more detail on December 6th!
The “future of cryptocurrency 2021” is a prediction made by the co-founder of Ethereum, Vitalik Buterin. The future of cryptocurrency will be in the form of blockchain and tokenized assets. It is predicted that the top three tokens to buy on December 6th are KAVA, POLY, and ETN.
The trading volume of KAVA has climbed by 5% in the previous 24 hours.
The trading volume of POLY has increased by 12% in the previous 24 hours.
ETN is at a price point where it may yield a lot of money.
Kava is a decentralized finance (DeFi) lending platform that enables users to borrow USDX stablecoins and deposit other cryptocurrencies in exchange for a return.
Polymath is a blockchain-based tool that enables developers to generate, issue, and manage security tokens.
Electroneum is a mobile-phone-based cryptocurrency platform that started in September 2017 and provides an immediate payment system solution.
Is it a good idea to purchase Kava (KAVA)?
Kava (KAVA) was worth $3.53 on December 6.
We’ll look through the token’s all-time high value as well as its performance in November in order to have a better idea of what type of value point it’s at right now.
On August 30, when the token hit a high of $9.12, Kava attained its all-time high value. We can see that at its ATH value point, the token was $5.59 higher in value, or by 61 percent.
In terms of performance in November, the ETN token reached a high of $6.26 on November 2, which was its highest point of the month.
The token’s lowest point in value came on November 28, when it was $4.66. This means that the token’s value has dropped by $1.6, or 25%.
However, since the token’s value has dropped to $3.53, purchasers now have a low-cost entry point.
KAVA has the potential to reach $4 before the end of the year, making it a good investment.
Is it a good idea to invest in Polymath (POLY)?
Polymath (POLY) was worth $0.50 on November 6.
We’ll compare the token’s current value to its all-time high as well as its performance over the previous month to evaluate how valuable it is.
Polymath achieved its all-time high on February 20, 2019, when it was worth $1.59. At its all-time peak, the token was worth $1.09, or 218 percent more than it was now.
The lowest point in November’s performance occurred on November 19, when POLY was valued $0.60.
The coin had its greatest value on November 28, when it reached $0.93. The POLY token gained in value by $0.33, or 55 percent, as seen above.
With this in mind, we may anticipate POLY reaching $0.90 by the end of December, making it a good investment.
Is it a good idea to invest in Electroneum (ETN)?
Electroneum (ETN) was worth $0.01 on December 6th.
We’ll look at the token’s all-time high value as well as its performance in November to understand what this value point indicates.
On January 6, 2018, the value of Electroneum (ETN) reached an all-time high of $0.207. We can observe that the token was 1970 percent greater in value, or $0.197, at its ATH value point.
When we look at ETN’s performance in November, we can see that it peaked on November 10 at $0.028.
The token reached its lowest point on November 11th, when it was $0.012. This means the token has lost 57 percent of its value, or $0.016.
However, ETN has the potential to grow in value, and the token might reach $0.03 by the end of December, making this a worthwhile investment.
If the price of ETN goes below $0.01, though, it may be worth revisiting.
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