Ethereum-based projects worth investing in before The Merge

If you are looking for cryptocurrencies to invest in that are a part of the Ethereum (ETH/USD) ecosystem, then Shiba Inu (SHIB/USD), Polygon (MATIC/USD), and Uniswap (UNI/USD) are some of your best options.

When we look at the most recent crypto news, The Shiba Inu team and ecosystem have been growing, as the project welcomed Brandie Konopasek to the SHIB Metaverse Team on August 8, 2022.

On September 9, Polygon made an announcement that the most powerful checking account has combined powers with the most affordable Layer-2 solution. Specifically, they announced that Juno App added support for USD Coin (USDC/USD) on Polygon. 

Uniswap published an official blog post surrounding what to know ahead of the Ethereum merge, where they went over changes in the Uniswap v3 TWAP oracle security and Replayability for permits.

Should you buy Shiba Inu (SHIB)?

On September 12, 2022, Shiba Inu (SHIB) had a value of $0.00001309.

The all-time high of the Shiba Inu (SHIB) cryptocurrency was on October 28, 2021, when it reached a value of $0.00008616.

When we go over the performance of the token throughout the previous month, Shiba Inu (SHIB) had its lowest point of value on August 2 at $0.00001159. Its highest point of value was on August 15 at $0.00001739.

Here, we can see an increase in its value by $0.0000058 or by 50%.

Investors might want to buy SHIB at its current price point, as it can climb to $0.00002 by the end of September 2022.

Should you buy Polygon (MATIC)?

On September 12, 2022, Polygon (MATIC) had a value of $0.893.

When we look at its all-time high value, Polygon (MATIC) reached a value of $2.92 on December 21, 2021.

When we look at the performance in August, Polygon (MATIC) had its highest point of value on August 14 at $1.0436. Its lowest point was on August 27 at $0.7637.

Here we can see a decrease in its value by $0.2799 or by 27%.

However, from August 27 to September 12, MATIC increased by $0.1293 or by 17%. With this in mind, MATIC can climb to $1.2 by the end of September, which means that investors might want to buy MATIC.

Should you buy Uniswap (UNI)?

On September 12, 2022, Uniswap (UNI) had a value of $6.768.

Going over the cryptocurrency’s all-time high, we can see that Uniswap (UNI) reached $44.92 in value on May 3, 2021.

Looking at its performance throughout August, Uniswap (UNI) had its highest point of value on August 11 at $9.523. Its lowest point was on August 29 at $5.7478.

Here we can see a decrease of $3.7752 or 39%. However, from August 29 to September 11, UNI has grown in value by $1.0202 or by 17%.With this in mind, UNI can grow to $8 by the end of September 2022, making buying UNI a solid option for investors.

The post Ethereum-based projects worth investing in before The Merge appeared first on Invezz.