Friday, December 6, 2024
  • UNI, CRV, 1INCH and SUSHI are some of the best DEX tokens you can get on May 13th.

  • Each token has shown an increase in its value within the last 24 hours.

  • 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 tokens for the Decentralized Exchange (DEX).

On May 6, 2022 Enzymes announced its integration with Uniswap.

Published on May 12, 2022 ParaSwap tweeted that $180 million had been sent to Curve Finance.

SushiSwap announced how the Sushi 2.0 Proposal was passed to Snapshot and paves the way to the future.

Then, on May 13, 2022, 1inch Network announced 1inch’s cumulative Merkle drop tool.

All 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 the token was worth $39.82 at its ATH, or 780% higher.

If we look at the performance of the token in the previous month, Uniswap (UNI) recorded its highest value on April 4 at $ 12.09.

Its lowest point was $7.39 on April 30. Here we 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.

Curve DAO Token (CRV) recorded its ATH on August 14, 2020 at $54.01. Here we can see that the value of the token at its ATH was higher by $ 52.51, or by 3500%.

Looking at the performance of the token in the previous month, Curve DAO Token (CRV) had its highest level on April 3 at $3.01, while the lowest was $2.07 on April 18. This meant a loss in value of $ 0.94, or 31%.

With this in mind, CRV is at a solid entry point at $1.50, as it may rise 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.

1inch (1INCH) passed the all-time high of the token and had its ATH with a value of $8.65 on October 27, 2021. Here we can see that the value of the token was $7,756 or 867% higher than today.

If we look at its performance in April, 1inch (1INCH) had its highest on April 2nd at $2.05, while its lowest on April 30th was $1.22. Accordingly, its value has decreased by $ 0.83, or by 40%.

Against this background, 1 INCH is a solid entry point at $ 0.894, as it can reach a value of $ 1.8 by the end of May 2022.

Should you buy sushi (SUSHI)?

On May 13, 2022, sushi (SUSHI) had a value of $ 1.40.

Sushi (SUSHI) recorded its ATH on March 13, 2021 with a value of $ 23.38. Here we can see that the value of the token was higher by $ 21.98 or by 1570%.

If we look at how the token performed in April, sushi (SUSHI) had its peak on April 1 at $ 4.74, while its lowest on April 30 was $ 2.54. Accordingly, SUSHI has decreased by $ 2.2, or 46%.

With this in mind, SUSHI is a solid purchase, as it can reach $ 2.7 by the end of May 2022.