Best tokens to buy and HODL for long term gains

Written by

May 30, 2022

Altcoins 02 Scaled

Stellar XLM/USD, Algorand ALGO/USD, and Shiba Inu SHIB/USD are all solid cryptocurrencies that you can buy and HODL.

On May 26, 2022, Shiba Inu (SHIB) announced that Sherri Cuono would join the SHIB Metaverse Team, which indicates a solid level of growth and expansion for the project.

On May 27, 2022, Stellar announced that they are a 5 Block Sponsor and Main Stage Sponsor at Consensus 2022. 

Algorand Foundation announced Matthew Keller as the Director of Impact and Inclusion on May 27, 2022, and this was seen in a positive light by the Twitter community.

Should you buy Stellar (XLM)?

On May 30, 2022, Stellar (XLM) had a value of $0.138519.

Xlm Usd 1 1024x573

The all-time high of Stellar (XLM) was on January 3, 2018, with a value of $0.875563.

When we go over the performance last month, ​​Stellar (XLM) had its highest point of value on April 4 at $0.237, while its lowest was on April 30 at $0.1765.

This marked a decrease in value of $0.0605 or 25%.

However, at $0.138519, XLM is a solid buy as the token can reach a value of $0.35 by the end of June 2022. It can also climb to $0.8 by the end of 2022.

Should you buy Algorand (ALGO)?

On May 30, 2022, Algorand (ALGO) had a value of $0.4070.

Algo Usd 2 1024x573

When we look at its all-time high, Algorand (ALGO) had its ATH on June 20, 2019, with a value of $3.56.

Going over last month’s performance, Algorand (ALGO) had its highest value point on April 2 at $0.9686. Its lowest point was on April 30 at $0.604. This was a decrease of $0.3646 or 37%.

At $0.4070, ALGO represents a solid entry point, as the token can increase in value to $1 by the end of June 2022 and can climb to $3 by the end of 2022.

Should you buy Shiba Inu (SHIB)?

On May 30, 2022, Shiba Inu (SHIB) had a value of $0.00001192.

Shib Usd 5 1024x573

Going over the token’s all-time high, Shiba Inu (SHIB) had its ATH on October 28, 2021, with a value of $0.00008616.

Looking at how the token performed throughout the previous month, Shiba Inu (SHIB) had its highest point of value on April 12 at $0.00002817. Its lowest point was on April 30 at $0.00002157. This was a decrease of $0.0000066 or 23%.

However, SHIB is a solid buy, as it can climb to $0.00003 by the end of June 2022 and can climb to $0.00008 by the end of 2022.

The post Best tokens to buy and HODL for long term gains appeared first on Invezz.

from Market Analysis – Invezz

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