Most appealing DeFi tokens to buy on February 8, 2022: CAKE, LUNA, LINK, UNI and GRT

• CAKE, LUNA, LINK, UNI, and GRT are all DeFi tokens.

• Each of them has seen a high level of growth.

• They can all reach new heights by the end of March 2022.

PancakeSwap (CAKE), Terra (LUNA), Chainlink (LINK), Uniswap (UNI) and The Graph (GRT) are the best DeFi tokens you can buy on February 8, 2022, and we are about to go over exactly why this is the case.

Should you buy PancakeSwap (CAKE)?

On February 8, 2022, PancakeSwap (CAKE) had a value of $8.18.

The all-time high value of the PancakeSwap (CAKE) token was on April 30, 2021, when it had a value of $43.96. This marks a $35.78 difference or 437%.

When we go over last month’s performance of PancakeSwap (CAKE), its highest point was at $12.5 on January 2, while its lowest point was on January 24, with a value of $6.91. This marked a decrease of $5.59 or by 44%.

With that in mind, CAKE can reach $10 by the end of March 2022, making it a solid buy.

Should you buy Terra (LUNA)?

On February 8, 2022, Terra (LUNA) had a value of $56.44.

The all-time high value of the Terra (LUNA) token was on December 27, 2021, when the token had a value of $103.34. This means that at its ATH, the token was $46.9 higher in value or by 83%.

When we go over last month’s performance of Terra (LUNA), its highest point was on January 3 with a value of $93.65, while its lowest point was on January 31, when the token decreased to $43.58 in value.

This marked a decrease of $50.07 or by 53%. With this in mind, at $56.44, LUNA is a solid buy as it can reach $60 by the end of March 2022.

Should you buy Chainlink (LINK)?

On February 8, 2022, Chainlink (LINK) had a value of $18.17.

The all-time high value of the Chainlink (LINK) token was on May 10, 2021, when the token had a value of $52.70. This marked an increase in value of $34.53 or by 190%.

When we go over last month’s performance of Chainlink (LINK), its highest point was on January 9 when the token reached a value of $28.47, while its lowest point was on January 24 with a value of $13.81. This signaled a decrease of $14.66 or by 51%.

With that in mind, at $18.17, LINK is a good buy as it can reach $25 by the end of March 2022.

Should you buy Uniswap (UNI)?

On February 8, 2022, Uniswap (UNI) had a value of $11.96.

The all-time high value of the Uniswap (UNI) token was on May 3, 2021, when the token had a value of $44.92. This marked a $32.96 difference in value or by 275%.

When we go over last month’s performance of Uniswap (UNI), its highest point was on January 5 with a value of $19.74, while its lowest value point was on January 24, with a value of $9.77. This showcased a $9.97 decrease or by 50%.

This puts UNI at a solid price at $11.96 and makes it a worthwhile purchase, as it can reach $15 by the end of March 2022.

Should you buy The Graph (GRT)?

On February 8, 2022, The Graph (GRT) had a value of $0.47.

The all-time high value of The Graph (GRT) token was on February 12, 2021, when the token had a value of $2.84. This made the token $2.37 higher in value or by 504%.

When we go over last month’s performance of The Graph (GRT), its highest point was on January 5, with a value of $0.72, while its lowest was on January 24 at $0.35. This indicated a $0.37 decrease in value or by 51%.

However, at $0.47, GRT is a solid buy as it can reach $0.80 by the end of March 2022.