Cardano (ADA/USD) and Chainlink (LINK/USD) and Quant (QNT/USD) are some of the best cryptocurrencies that you can get on August 11, 2022.
The on-chain analysis platform Messari observed that Cardano is priced more aggressively when compared to owning other growing ecosystems due to the anticipation surrounding the Vasil Hard Fork.
Furthermore, the market seems to be expecting a significant improvement after the much-anticipated upgrade, according to the report.
We also covered how Chainlink announced that it will not support the Ethereum fork version of the blockchain and will put its main focus on the Proof-of-Stake (PoS) chain after “the Merge.”
Quant (QNT) is another cryptocurrency that has showcased significant accumulation and is an Ethereum token that is used to power Quant Network’s Overledger enterprise software solution that can connect public blockchains and private networks.
Should you buy Cardano (ADA)?
On August 11, 2022, Cardano (ADA) had a value of $0.5372.
The all-time high of Cardano (ADA) was on September 2, 2021, at a value of $3.09.
When we go over its performance throughout the previous month, its lowest point of value was on July 13 at $0.4092.
Its highest point of value, however, was on July 30 at $0.5502. Here we can see an increase in value of $0.141 or by 34%.
With this in mind, we can expect ADA to reach $0.8 by the end of August 2022.
We can see that the ADA token is a strong buy as of August 11, 2022, so buying the ADA token could represent a solid opportunity.
Should you buy Chainlink (LINK)?
On August 11, 2022, Chainlink (LINK) had a value of $8.967.
When we take a look at its all-time high point of value, Chainlink (LINK) reached a value of $52.70 on May 10, 2021.
Looking at its performance in July, LINK had its lowest point on July 13 at $5.8256.
Its highest point was on July 30 at $8.1747.
This gives us an indication that the LINK cryptocurrency has increased in value by $2.3491 or by 40%.
Here we can see that LINK is a strong buy, as it can climb up to $12 by the end of August 2022, and you can do so here.
Should you buy Quant (QNT)?
On August 11, 2022, Quant (QNT) had a value of $128.71.
Looking at its all-time high, Quant (QNT) reached a value of $427.42 on September 11, 2021.
Going over the performance of the QNT cryptocurrency throughout the previous month, its lowest point of value was on July 1 at $52.29.
Its highest point, however, was on July 19 at $112.38. This marked an increase in value of $60.09 or 115%.
This gives us an indication that QNT can climb up to $140 by the end of August 2022. For those looking to invest in QNT, we can see that it is showcasing a strong buy signal as of August 11, 2022.
The post Top tokens to get on August 11, 2022: ADA, LINK, and QNT appeared first on Invezz.
from Cryptocurrency – Invezz
