Coin98 C98/USD, UMA UMA/USD, and Wanchain WAN/USD are all solid decentralized finance (DeFi) tokens that you can pick from as of June 17, 2022.
On June 16, 2022, Coin98 announced that the cryptocurrency was added to dYdX’s official list of wallets which boosted all user access to a robust as well as professional exchange for trading perpetuals.
On June 13, UMA became live on Bancor 3, which gave users access to single-sided liquidity, instant impermanent loss protection, auto-compounding return, and sustainable yields.
Shield Protocol also announced the integration of Wanchain as a means of facilitating users to store, send and receive tokens within the Shield Wallet.
Should you buy Coin98 (C98)?
On June 17, 2022, Coin98 (C98) had a value of $0.5068.
The all-time high of Coin98 (C98) was on August 25, 2021, when the token reached a value of $6.42.
When we take a look at the performance throughout the previous month, Coin98 (C98) had its highest point of value on May 5 at $1.2618. Its lowest point was on May 12 at $0.3958.
Here we can see that the token decreased in value by $0.866 or by 68%.
With this in mind, we can expect C98 to reach $1 by the end of June, making it a solid buy.
Should you buy UMA (UMA)?
On June 17, 2022, UMA (UMA) had a value of $2.756.
Looking at its all-time high, UMA (UMA)had its all-time high on February 4, 2021, at $41.56.
Going over how the token performed throughout the previous month, UMA (UMA) had its highest point of value on May 1 at $5.7505. Its lowest point of value was on May 12 at $2.3191.
Here, we can see a decrease in value of $3.4314 or by 59%. With this in mind, UMA can reach $4 by the end of June 2022, making it a solid buy.
Should you buy Wanchain (WAN)?
On June 17, 2022, Wanchain (WAN) had a value of $0.1749.
Going over the all-time high, Wanchain (WAN) was worth $9.84 on May 4, 2018.
Taking a look at May’s performance, Wanchain (WAN) had its highest point of value on May 5 at $0.406, while its lowest point was on May 13 at $0.1728.
Here we can see that the token decreased in value by $0.2332 or by 57%. With this in mind, WAN is a solid buy as it can climb to $0.4 by the end of June 2022.
The post DeFi tokens that will get you into the world of decentralized finance appeared first on Invezz.
from Market Analysis – Invezz
