When it comes to cryptocurrencies, December 3rd is a day that’s full of crypto-tradition. We’ve seen the prices of Bitcoin and Ethereum surge on this date in recent years as investors flock to these coins due largely to Black Friday deals. On Monday, we will see what kind of impact the top three DeFi tokens have on their price performance when they’re released onto exchanges (LUNA – Decentraland, UNI – UnikoinGold, AAVE – Aave).
The Top 3 DeFi tokens to buy on December 3: LUNA, UNI, and AAVE.
The “best defi coins” is a list of the top 3 DeFi tokens to buy on December 3, 2018. The three coins are LUNA, UNI, and AAVE.
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In the previous 24 hours, the value of LUNA has increased by 8%.
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The value of UNI and AAVE has the potential to rise.
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Each of these coins is an important part of the decentralized financial ecosystem.
Terra is a blockchain technology that employs fiat-pegged stablecoins to power a price-stable global payments system, with LUNA staking and absorbing the Terra stablecoins’ volatility.
Uniswap is a decentralized exchange powered by Ethereum, with UNI as its native coin.
The AAVE token powers Aave, a decentralized, non-custodial money market system where users may both distribute and borrow.
Is Terra (LUNA) a good investment?
Terra (LUNA) was worth $67.58 on December 3rd.
We’ll look through the token’s all-time high value as well as its performance last month to get a better idea of what type of value point it’s at right now.
The ATH value of LUNA was $69.56 on December 3, four hours before the compilation of this study. We can observe that the token only lost $1.98 in value throughout that time period.
In terms of performance in November, the token’s lowest value point was $37.99 on November 24.
The token hit its maximum peak of value on November 30, when it was worth $58.81.
This means that the value of LUNA increased by $20.82, or 54 percent.
With this in mind, we may anticipate LUNA reaching a new ATH value point of $72 before the end of December, making it a good purchase.
Is it worthwhile to invest in Uniswap (UNI)?
Uniswap (UNI) was worth $21.81 on December 3rd.
We’ll look at the token’s all-time high value as well as its performance in November to see what type of value point it’s at right now.
On May 3, the token attained its all-time high value of $44.92 dollars. When compared to its ATH value on December 3, the UNI token was $23.11 greater in value, or 105 percent higher.
In terms of November’s performance, the token’s greatest point of value was $28.4 on November 10.
The token’s lowest point came on November 28, when it was valued at $18.82.
We can observe that the token’s value has dropped by $9.58, or 33%.
However, we can observe that the token’s value climbed by $2.99, or 15%, between November 28 to December 3.
With this in mind, UNI might hit $25 by the end of the year, making it a sound investment.
Is it a good idea to invest in Aave (AAVE)?
Aave (AAVE) was worth $243 on December 3.
We’ll look at the token’s all-time high value as well as its performance in November to understand what this value point indicates.
On May 18, AAVE achieved its all-time high value of $661.69. When compared to December 3, this indicates that the token was $427.69 more valuable at its ATH point.
When we look at the month of November, the token reached its greatest point of value of the month on November 9th, at $346.
On November 28, the token dropped to $224, its lowest price. This means that the token’s value dropped by 35%, or $122, during the course of that period.
However, between November 28 and December 3, the token’s value grew by $10, or 4%.
With that in mind, we may predict AAVE to hit $240 by the end of December, making it a good purchase on December 3.
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