Home > News > Top 3 finance tokens to buy on December 6: KAVA, POLY, and ETN

Top 3 finance tokens to buy on December 6: KAVA, POLY, and ETN

  • KAVA’s trading volume increased by 5% in the last 24 hours.

  • POLY’s trading volume saw an increase of 12% in the last 24 hours.

  • ETN is at a point of value that might bring significant returns.

Kava is a cross-chain decentralized finance (DeFi) lending platform that allows users to borrow USDX stablecoins and deposit other cryptocurrencies with the goal of earning yield.

Polymath is a technology that allows developers to create, issue and manage security tokens on the blockchain.

Electroneum is a mobile-phone-based cryptocurrency platform that offers an instant payment system solution launched in September of 2017.

Should you buy Kava (KAVA)?

On December 6, Kava (KAVA) had a value of $3.53.

With the goal of getting 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 November.

Kava had its all-time high value on August 30, when the token reached a value of $9.12. Here, we can see that the token was $5.59 higher in value or by 61% at its ATH value point.

In terms of the performance in November, on November 2, the ETN token had a value of $6.26, which was its highest point of value of the month.

Its lowest point of value was on November 28, when the token fell in value to $4.66. This indicates that the token fell in value by $1.6 or by 25%.

However, while the token has fallen to $3.53 in value, this leaves buyers with a cheap entry point.

KAVA has the potential to raise its value to $4 by the end of December, making it a solid buy.

Should you buy Polymath (POLY)?

On November 6, Polymath (POLY) had a value of $0.50.

To see what kind of value point this is for the token, we will compare it to it's all-time high value as well as its performance last month.

Polymath had its all-time high value on February 20, 2019, when it reached a value of $1.59. Here, we can see that the token was $1.09 higher in value or by 218% at its all-time high.

In terms of November’s performance, its lowest point was on November 19, when POLY was worth $0.60.

Its highest value point was on November 28, when the token increased in value to $0.93. Here, we can see that the POLY token increased in value by $0.33 or by 55%.

With this in mind, we can expect POLY to reach $0.90 by the end of December, making it a solid token to buy.

Should you buy Electroneum (ETN)?

On December 6, Electroneum (ETN) had a value of $0.01.

To see what this value point means for the token, we will go over its all-time high value as well as its performance in November.

Electroneum (ETN) had its all-time high value on January 6, 2018, where it was worth $0.207. Here, we can see that at its ATH value point, the token was 1970% higher in value or by $0.197.

When we look at the performance in November, ETN had its highest point on November 10, when it reached $0.028.

Its lowest point was on November 11, when the token fell to $0.012. This indicates that the token fell in value by 57% or by $0.016.

However, ETN has the potential to grow in value, and we could see the token reach $0.03 by the end of December, making this an interesting purchase.

However, if ETN falls below the $0.01 price range, it might be worth reconsidering.

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