DOGE, SHIB and SPELL are the best meme tokens you can buy on January 20, 2022 and this is why!

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DOGE, SHIB and SPELL are the best meme tokens you can buy on January 20, 2022 and this is why!

By Milko Trajcevski - min read
Updated 21 March 2023

Dogecoin (DOGE) is a token based on the popular "Doge" internet meme, which originally started as a joke, but is now one of the most commonly-used tokens to transfer value online.

Shiba Inu (SHIB) is another meme token, dubbed as the "dogecoin killer," which over time grew into its own ecosystem, introducing BONE, LEASH, and the ShibaSwap. 

Spell Token (SPELL) is essentially this reward token on the abracadabra.money lending platform that uses interest-bearing tokens as collateral to borrow a stablecoin known as Magic Internet Money (MIM).

Should you buy Dogecoin (DOGE)?

On January 20, Dogecoin (DOGE) had a value of $0.16453.

DOGE had its all-time high value on May 8, 2021, at $0.731578. The token was 344% higher or by $0.567048.

On December 2, the token had its highest point at $0.2224.

Its lowest point was on December 13, when it decreased to $0.1553. This was a decrease of $0.0671 or by 30%. With this in mind, DOGE has the potential of reaching $0.19 by the end of January 2022, making it a solid token to buy.

Should you buy Shiba Inu (SHIB)?

On January 20, Shiba Inu (SHIB) had a value of $0.00002777.

SHIB all-time high value was on October 28, 2021, with a value of $0.00008616. It was 210% higher in value or by $0.00005839.

The token's highest point of value was on December 1, with a value of $0.0000482.

Its lowest point, however, was on December 20, with a value of $0.00002856. This was a decrease of $0.00001964 or by 40%.

With this in mind, SHIB can reach $0.00003 by the end of January 2022, making it a solid token to buy.

Should you buy Spell Token (SPELL)?

On January 20, Spell Token (SPELL) had a value of $0.0123525.

SPELL’s all-time value was on November 2, 2021, with a value of $0.03506357. The token was $0.02271107 higher in value or by 183%.

The token’s lowest point was on December 4 at $0.006939.

Its highest point was on December 28, with a value of $0.0262. This was an increase of $0.019261 or 277%.

Since then, the token has decreased in value by $0.0138475 or by 52%. With this in mind, SPELL has the potential of reaching $0.018 by the end of January 2022, making it a worthwhile token to buy.