Sign In  |  Register  |  About Los Altos  |  Contact Us

Los Altos, CA
September 01, 2020 1:26pm
7-Day Forecast | Traffic
  • Search Hotels in Los Altos

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Are ADA, SOL, and DOT a good buy in September 2021?

By: Invezz

Cardano ADA/USD is a proof-of-stake (PoS) public blockchain platform which is open-sourced and decentralized and can facilitate peer-to-peer transactions with ADA.

Solana SOL/USD is a platform that fills the role of a foundation for decentralized applications (dApps), which improves their scalability, and SOL has seen an increase in its trading volume by 22%.

Polkadot DOT/USD is an open-source sharding multichain protocol and facilitates cross-chain transfers of any data or asset types, making different blockchains interoperable with each other. DOT has seen an increase in trading volume by 83%.

Should you buy Cardano (ADA)?

On September 1, Cardano (ADA) had a value of $2.82.

To get a clearer image of this price range, we will be comparing it to its all-time highest value as well as its recent price fluctuations.

ADA’s all-time high was on August 23, where it got a value of $2.95. That’s only a 5% difference from the value it had on September 1.

ADA’s lowest point was on August 3, where it fell to a value of $1.27. However, on August 23, its value got as high as $2.95, which marked the highest point the token climbed. This was an increase for the token of 132%. 

This being the case, ADA is a good buy in September, as it has the potential to climb over it’s all-time high up to $3 by the end of September.

Should you buy Solana (SOL)?

On September 1, Solana (SOL) had a value of $112.

To get a better perspective as to what kind of value this is for the token, we’ll be analyzing its all-time high alongside its recent performance in August.

SOL’s all-time high was on August 31, where it got up to an all-time high value of $128. This made the token just 14% higher in value than its value on September 1.

On August 3, the value of Solana fell to $33.23, which was its lowest price point of the month. One of the highest points that it got to throughout the span of August was on August 31, where it had a value of $128. 

This was an increase of 285%, which makes SOL a good buy in September of 2021, where it has the potential to climb up to $130 by the end of the month.

Should you buy Polkadot (DOT)?

On September 1, Polkadot (DOT) had a value of $30.12.

While it has showcased recent growth in terms of value, we will be going over its performance in August as well as its all-time high-value point to get a better perspective about its performance.

DOT’s all-time high was on May 15, where it achieved a value point of $49.35. This made the token 63% more valuable than it is on September 1.

On August 3, the value of DOT fell to its lowest point of the month at $17.17. The highest point it climbed to was $30.99 on August 31. 

Here, we can see that the token’s value climbed by 80% throughout the span of the month.

This being the case, DOT is worth buying due to the fact that it has the potential to increase up to $35 by the end of the month at this rate.

The post Are ADA, SOL, and DOT a good buy in September 2021? appeared first on Invezz.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 LosAltos.com & California Media Partners, LLC. All rights reserved.