Cardano ADA/USD is a proof-of-stake (PoS) public blockchain platform which is open-sourced and decentralized and can facilitate peer-to-peer transactions with ADA.
Solana SOL/USD is a platform that fills the role of a foundation for decentralized applications (dApps), which improves their scalability, and SOL has seen an increase in its trading volume by 22%.
Polkadot DOT/USD is an open-source sharding multichain protocol and facilitates cross-chain transfers of any data or asset types, making different blockchains interoperable with each other. DOT has seen an increase in trading volume by 83%.
Should you buy Cardano (ADA)?On September 1, Cardano (ADA) had a value of $2.82.
To get a clearer image of this price range, we will be comparing it to its all-time highest value as well as its recent price fluctuations.
ADA’s all-time high was on August 23, where it got a value of $2.95. That’s only a 5% difference from the value it had on September 1.
ADA’s lowest point was on August 3, where it fell to a value of $1.27. However, on August 23, its value got as high as $2.95, which marked the highest point the token climbed. This was an increase for the token of 132%.
This being the case, ADA is a good buy in September, as it has the potential to climb over it’s all-time high up to $3 by the end of September.
Should you buy Solana (SOL)?On September 1, Solana (SOL) had a value of $112.
To get a better perspective as to what kind of value this is for the token, we’ll be analyzing its all-time high alongside its recent performance in August.
SOL’s all-time high was on August 31, where it got up to an all-time high value of $128. This made the token just 14% higher in value than its value on September 1.
On August 3, the value of Solana fell to $33.23, which was its lowest price point of the month. One of the highest points that it got to throughout the span of August was on August 31, where it had a value of $128.
This was an increase of 285%, which makes SOL a good buy in September of 2021, where it has the potential to climb up to $130 by the end of the month.
Should you buy Polkadot (DOT)?On September 1, Polkadot (DOT) had a value of $30.12.
While it has showcased recent growth in terms of value, we will be going over its performance in August as well as its all-time high-value point to get a better perspective about its performance.
DOT’s all-time high was on May 15, where it achieved a value point of $49.35. This made the token 63% more valuable than it is on September 1.
On August 3, the value of DOT fell to its lowest point of the month at $17.17. The highest point it climbed to was $30.99 on August 31.
Here, we can see that the token’s value climbed by 80% throughout the span of the month.
This being the case, DOT is worth buying due to the fact that it has the potential to increase up to $35 by the end of the month at this rate.
The post Are ADA, SOL, and DOT a good buy in September 2021? appeared first on Invezz.
