Is it now the right time to start buying these DeFi tokens: LUNA, LINK, UNI, GRT and CAKE?

Terra LUNA/USD, Chainlink LINK/USD, Uniswap UNI/USD, The Graph GRT/USD, and PancakeSwap CAKE/USD are all solid Decentralized Finance (DeFi) tokens that you can buy on February 17, 2022.

Should you buy Terra (LUNA)?

On February 17, 2022, Terra (LUNA) had a value of $55.9.

The all-time high value of Terra (LUNA) was on December 27, 2021, when it reached $103.34. This made it $47.44 higher at its ATH point.

When we go over January’s performance, Terra (LUNA) had its high point on January 3 at $93.65, while its low point was on January 31 at $43.58. This marked a decrease of $50.07 or by 53%.

However, from January 31 to February 17, it increased by $12.32 or 28%. LUNA can reach $60 by the end of March 2022.

Should you buy Chainlink (LINK)?

On February 17, 2022, Chainlink (LINK) had a value of $16.6.

The all-time high value of Chainlink (LINK) was on May 10, 2021, when it reached $52.70. This made LINK $36.1 higher at its ATH.

When we take a look at last month’s performance, Chainlink (LINK) had its high point on January 9, at $28.47, and its low point on January 24, with a value of $13.81. This is a decrease of $14.66 or 51%.

However, from January 24 to February 17, LINK increased by $2.79 or 20%. LINK can reach $20 by the end of March 2022, making it a solid buy.

Should you buy Uniswap (UNI)?

On February 17, 2022, Uniswap (UNI) had a value of $10.94.

The all-time high value of Uniswap (UNI) was on May 3, 2021, when it reached $44.92. This means that at its ATH, it was $33.98 higher in value.

Going over January, Uniswap (UNI) had its high point on January 5, at $19.74, with its low point on January 24, at $9.77. This marked a decrease of $9.97 or 50%.

However, from January 24 to February 17, the token increased in value by $1.17 or by 12%. UNI has the possibility of reaching $12 by the end of March 2022.

Should you buy The Graph (GRT)?

On February 17, 2022, The Graph (GRT) had a value of $0.4673.

The all-time high value of The Graph (GRT) was on February 12, 2021, when it reached $2.84. This means that at its ATH, the token was $2.3727 higher in value or by 507%.

In terms of the performance in January, The Graph (GRT) had its high point on January 5 at $0.7285 and its low point on January 24 at $0.3517. This was a decrease of $0.3768 or by 51%.

From January 24 to February 17, the GRT token increased in value by $0.1156 or by 32%. GRT can reach $0.6 by the end of March 2022.

Should you buy PancakeSwap (CAKE)?

On February 17, 2022, PancakeSwap (CAKE) had a value of $8.19.

The all-time high value of PancakeSwap (CAKE) was on April 30, 2021, when it reached $43.96. This made it $35.77 higher in value or by 436%.

Looking over last month, PancakeSwap (CAKE) had its high point on January 2 at $12.5, with its low point being on January 24 at $6.91. This marked a decrease of $5.59 or by 44%.

With this in mind, CAKE can reach $10 by the end of March, making it a solid token to buy.

The post Is it now the right time to start buying these DeFi tokens: LUNA, LINK, UNI, GRT and CAKE? appeared first on Invezz.