Crypto NewsEthereum (ETH)

The top 3 alternatives to Ethereum to buy on December 22nd: DOT, ZEC and LINK.

Polkadot (DOT) is an open sourceBlockchainPlatform designed to run two types of blockchains, the main network known as the relay chain and parachains which are user-created networks.

Zcash (ZEC) is a privacy-focused digital currency that uses cryptography to provide users with an enhanced level of privacy.

Chainlink (LINK) is an open source technology that is being developed by a large community of developers, researchers, and users.

This is what awaits you in this article

Should You Buy Polkadot (DOT)?

On December 22nd, Polkadot (DOT) was valued at $ 26.76.

The top 3 alternatives to Ethereum to buy on December 22nd: DOT, ZEC and LINK., Crypto Trading News

To see what that value point is for the token, we’ll go over its all-time high as well as its performance over the past month.

Polkadot (DOT) hit its all-time high on November 4th when it hit $ 54.98.

Its November low was on November 28th when the DOT token fell to $ 32.92 in value.

Here we can see that the value of the token is down by $ 22.06, or 40%.

However, at its current price of $ 26.76, the DOT token is worth buying as it has the potential to climb back to $ 32 by the end of December.

Should You Buy Zcash (ZEC)?

On December 22nd, Zcash (ZEC) was valued at $ 163.03.

The top 3 alternatives to Ethereum to buy on December 22nd: DOT, ZEC and LINK., Crypto Trading News

To see what that value point means for the token, we’ll go over its all-time high as well as its performance over the past month.

Zcash (ZEC) hit its all-time high on October 29, 2016, when it reached a value of $ 3,191.93. Here we see that the token is attached to his ATH– Value point was $ 3,028.9 higher than December 22, 2021.

If we go through November performance, the ZEC was at its lowest point of the month on November 18 at $ 146.38.

Its highest reading, however, was on November 25th when it rose to $ 302.79.

This suggests the token’s value rose $ 156.41, or 106%, before falling back to $ 163.03.

At its current price of $ 163.03, the ZEC token is a worthwhile purchase as it has the potential to hit $ 175 by the end of December, making it a solid buy.

Should you buy Chainlink (LINK)?

On December 22nd, Chainlink (LINK) was valued at $ 20.15.

The top 3 alternatives to Ethereum to buy on December 22nd: DOT, ZEC and LINK., Crypto Trading News

To see what that value point means for the token, we’ll go over its all-time high as well as its November performance.

Chainlink (LINK) hit its all-time high on May 10th when the token hit a value of $ 52.70.

Here we can see that the token was up $ 32.55, or 161%, at its ATH value point.

If we go through the token’s performance over the past month, we can see that the token peaked at $ 38.12 on November 10th.

Its lowest value was on November 28, when the token fell to a value of $ 23.23. This gives us an indication that the value of the token has fallen by $ 14.89, or 30%.

If LINK breaks the $ 21 mark, it has the potential to climb to $ 25 by the end of December, making it a solid buy. If the value of the LINKTokens drops below $ 20 it may be worth reconsidering.

Source: Crypto News Deutsch

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