Each token has shown an increase in its value within the last 24 hours.
All of these tokens have the potential to appreciate in value by the end of May 2022.
Uniswap (UNI), Curve DAO Token (CRV), 1inch (1INCH), and sushi (SUSHI) are all tokens for decentralized exchange (DEX).
On May 6, 2022, Enzyme announced its integration with Uniswap.
On May 12, 2022, ParaSwap also posted a tweet about how $180 million was sent to Curve Finance.
SushiSwap also announced how the Sushi 2.0 proposal has been pushed to Snapshot, paving the way for the future.
Then, on May 13, 2022, 1inch Network announced 1inch’s cumulative Merkle drop tool.
All of these developments will contribute to the growth of these decentralized exchanges and the value of their native cryptocurrency tokens.
This is what awaits you in this article
Should you buy Uniswap (Uni)?
On May 13, 2022, Uniswap (UNI) was valued at $5.10.
The Uniswap (UNI) all-time high was on May 3, 2021, when the token reached a value of $44.92. Here we can see that the token is at its ATH was $39.82 or 780% higher.
If we go through the token’s performance over the past month, Uniswap (UNI) had its highest value on April 4th at $12.09.
Its low was on April 30 at $7.39. Here we see a drop of $4.7 or 38%.
With this in mind, we can expect UNI to hit $8 by the end of May, making it a solid buy.
Should You Buy Curve DAO Token (CRV)?
On May 13, 2022, Curve DAO Token (CRV) had a value of $1.50.
If we look at the all-time high of the token, Curve DAO had token (CRV) its ATH on August 14, 2020 at $54.01. Here we can see that the value of the token was $52.51 higher, or by 3500% at its ATH.
Looking at the performance of the token in the previous month, Curve DAO Token (CRV) had its highest on April 3rd at $3.01 while its low was on April 18th at $2.07. This represented a loss of $0.94, or 31%.
With this in mind, CRV is at a solid entry point at $1.50 as it can rally to $5 by the end of May 2022.
Should you buy 1 inch (1 inch)?
On May 13, 2022, 1 inch (1 inch) was worth $0.894.
1 inch (1 inch) surpassed the token’s all-time high and had its ATH on October 27, 2021 with a value of $8.65. Here we can see that the value of the token was $7,756 or 867% higher.
If we look at its performance in April, 1 inch had its highest on April 2nd at $2.05 while its low was on April 30th at $1.22. Here we can see that the value is down $0.83 or 40%.
With this in mind, 1 INCH at $0.894 represents a solid entry point as it can reach $1.8 by the end of May 2022.
Should you buy sushi (SUSHI)?
On May 13, 2022, sushi (SUSHI) was worth $1.40.
If we look at the all-time high of the token, on March 13, 2021, Sushi (SUSHI) had its ATH with a value of $23.38. Here we can see that the value of the token was $21.98 or 1570% higher.
If we look at how the token performed in April, Sushi (SUSHI) had its high on April 1st at $4.74 while its low was on April 30th at $2.54. Here we see that SUSHI is down $2.2 or 46%.
Against this backdrop, SUSHI is a solid buy as it can reach $2.7 by the end of May. 2022.
Source: Crypto News Deutsch