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Best storage tokens to buy on November 23: FIL, AR and HOT
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简介FIL, AR, and HOT are all blockchain-based, decentralized storage solutions.With the increase in dema...
FIL, AR, and HOT are all blockchain-based, decentralized storage solutions.
With the increase in demand for storage solutions, each token has the potential to increase in value.
These are the top three storage-focused tokens that you should buy on November 23.
Filecoin is a decentralized storage system, where the FIL token is the native cryptocurrency token that powers the decentralized peer-to-peer network for file storage.
Arweave is a decentralized storage network, specifically developed to offer a platform for the indefinite storage of data.
Holo is a peer-to-peer distributed platform developed to host decentralized applications. The holo network relies on a series of hosts that provide storage and processing power for dApps using Holochain.
Should you buy Filecoin (FIL)?
On November 23, Filecoin (FIL) had a value of $51.23.
To get a better perspective as to what kind of value point this is for the token, we will go over its all-time high value as well as its performance in October.
In terms of its all-time high-value point, the FIL token was $236.84 on April 1. Here, we can see that the FIL token was $185.61 higher in value or by 362% at its ATH point of value.
On October 8, Filecoin (FIL) had a value of $80.7, which was its highest point of value of the month.
That said, its lowest point was on October 28, when the token had a value of $55.01. Here, we can see that the token dropped in value by $25.69 or by 31%.
With this in mind, we can expect FIL to reach $55 by the end of November, making it a solid buy opportunity.
Should you buy Arweave (AR)?
On November 23, Arweave (AR) had a value of $60.47.
To get an indication as to exactly what kind of value point this is for the AR token, we will compare it to its all-time high token as well as its performance in October.
In terms of its all-time high volume, AR had a value of $89.24 on November 5. Here, we can see that the token was $28.77 higher in value or by 47% at its ATH point of value.
On October 1, AR had its lowest point of value of $43, while its highest value point was on October 8, when it reached $69.19.
With that in mind, the token increased in value by $26.19 or 60% throughout that span of time.
That said, we can expect the AR token to reach $65 by the end of November, making it a solid buy.
Should you buy Holo (HOT)?
On November 23, Holo (HOT) had a value of $0.012712.
To get a better perspective as to what kind of value point this is for the token, we will go over its ATH value point as well as its performance in October.
When we go over the all-time high value of Holo (HOT), it had a value of $0.03126682 on April 5. At its ATH value point, the token was $0.01855482 higher in value or by 145%.
On October 1, Holo (HOT) had a value of $0.007855.
Additionally, its highest point of value in October was on October 31, when the token had a value of $0.0146. Here, we can see that the token increased in value by $0.006745 or by 85%.
With that in mind, we can expect HOT to reach $0.02 by the end of November, making it a solid buy.
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