Top automated market maker tokens to end September with

2 years ago 97

Uniswap (UNI/USD), PancakeSwap (CAKE/USD), and Osmosis (OSMO/USD) are some of the best cryptocurrencies that you can get at the end of September 2022.

Uniswap is an automated, Ethereum-based cryptocurrency exchange that features its own native cryptocurrency token known as UNI. 

PancakeSwap is a decentralized exchange native to the BNB Chain and aims to be a quick and inexpensive alternative to AMMs built on top of Ethereum.

Osmosis is a decentralized exchange (DEX) and automated market maker (AMM) protocol that utilizes smart contracts to determine the price of digital assets and produce liquidity through a peer-to-peer (P2P) methodology. 

Should you buy Uniswap (UNI)?

On September 30, 2022, Uniswap (UNI) had a value of $6.42.

UNI/USDT Chart by TradingView.

The all-time high of the Uniswap (UNI) cryptocurrency was on May 3, 2021, at a value of $44.92. Here we can see that the token was trading $38.5 higher in value or by 599% at its ATH.

Looking at how the Uniswap (UNI) performed throughout the week, the 7-da low was $5.60, while the 7-day high was $6.64. This means we can see a difference of $1.04 or 18%.

Regarding the 24-hour performance, the low point was $6.16, while the high point was $6.48. On the other hand, the increase is at just $0.32 or 5%.

With this in mind, at $6.42, investors might want to buy UNI as it can climb to $8 by the end of October 2022.

Should you buy PancakeSwap (CAKE)?

On September 30, 2022, PancakeSwap (CAKE) had a value of $4.889.

CAKE/USDT Chart by TradingView.

The all-time high of the PancakeSwap (CAKE) was on April 30, 2021, at $43.96. Here we can see that the cryptocurrency was trading $39.071 higher in value at its ATH, which is 799% higher.

Going over the weekly performance, PancakeSwap (CAKE) had its 7-day low at $4.39, while its 7-day high was at $5.06. This marked a difference of $0.67 or 15%.

Regarding how it performed within the last 24 hours, its low point was $4.83, while its high point was $4.98. Here we can see a 24-hour increase of $0.15 or 3%.

With this in mind, and with this momentum, CAKE can increase to $5.5 by the end of October, making buying CAKE a solid option.

Should you buy Osmosis (OSMO)?

On September 30, 2022, Osmosis (OSMO) had a value of $1.1042.

OSMO/USDT Chart by TradingView.

When we look at the all-time high, Osmosis (OSMO) reached a value of $11.25 on March 4, 2022. Here we can see that at its ATH, it was $10.1458 higher in value or by 919%.

When we go over the weekly performance, Osmosis (OSMO) had its 7-day low at a value of $1.09, while its 7-day high was at $1.24. Here we can see an increase of $0.15 or 13%.

When we go over its 24-hour performance, its low was $1.08, while its high was $1.13. Here we can see an increase of $0.05 or by 4%.

With this in mind, investors might benefit from buying OSMO as it can climb to $1.5 by the end of October 2022.

The post Top automated market maker tokens to end September with appeared first on Invezz.

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