Should you buy these AMM tokens: UNI, CAKE, SUSHI and 1INCH

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Should you buy these AMM tokens: UNI, CAKE, SUSHI and 1INCH

By Milko Trajcevski - min read
Updated 21 March 2023
  • Uniswap (UNI), PancakeSwap (CAKE), Sushi (SUSHI), and 1inch (1INCH)  are all AMM tokens.

  • Each token has showcased signs of growth.

  • All of these tokens have the potential to reach new heights in terms of their value.

Uniswap (UNI), PancakeSwap (CAKE), Sushi (SUSHI), and 1inch (1INCH) are all automated market maker (AMM) tokens, and all of them have huge potential for growth.

We will be going over all of these tokens individually so you can have a heightened perspective of how far they can grow in value.

Should you buy Uniswap (UNI)?

On April 11, 2022, Uniswap (UNI) had a value of $9.34.

When we look at its ATH value, Uniswap (UNI) had a value of $44.92 on May 3, 2021.

Going over the performance in March, Uniswap (UNI) had its lowest value on March 7 at $8.20.

Its highest point was on March 31 at $12.32. This marked an increase of $4.12 or 50%.

With this in mind, we can expect UNI to reach a value of $12 by the end of April, making it a solid buy.

Should you buy PancakeSwap (CAKE)?

On April 11, 2022, PancakeSwap (CAKE) had a value of $8.04.

Going over the all-time high of the PancakeSwap (CAKE) token, CAKE had a value of $43.96 on April 30, 2021.

When we look at the performance of the token last month, PancakeSwap (CAKE) had its lowest point on March 15 at $5.36.

Its highest point was on March 31, with a value of $9.45. This marked an increase in value of $4.09 or 76%.

With this in mind, we can expect CAKE to reach $10 by the end of April.

Should you buy Sushi (SUSHI)?

On April 11, 2022, Sushi (SUSHI) had a value of $3.20

When we look at the token’s all-time high, Sushi (SUSHI) had a value of $23.38 on March 13, 2021.

Going over the previous month, Sushi (SUSHI) had its lowest point on March 13 at $2.77, while its highest point was on March 31 at $4.90. This was an increase of $2.13 or 77%.

With this taken into consideration, SUSHI could reach $5 by the end of April, making it a solid token to buy.

Should you buy 1inch (1INCH)?

On April 11, 2022, 1inch (1INCH) had a value of $1.49.

When we take a look at the token’s ATH point of value, 1inch (1INCH) had a value of $8.65 on October 27, 2021.

When we look at the performance in March, 1inch (1INCH) had its lowest point on March 7 at $1.24, while its highest point was on March 31 at $1.92.

This marked an increase of $0.68 or 55%. With all of this taken into consideration, 1INCH could reach $2 by the end of April.