In the last 24 hours, FIL’s trading volume increased by 45%.
BitTorrent has huge potential for growth at its current value point.
Arweave’s trading volume increased by 91% in the last 24 hours.
Filecoin (FIL) is a token used to pay for data storage, data retrieval as well as any other transactions that occur on the Filecoin network.
BitTorrent (BTT) is used as the native cryptocurrency within the network, which allows users to access specific features. BTT is a TRC-10 utility token that powers the most popular decentralized protocols and applications.
Arweave (AR) is a decentralized data storage protocol that allows users to store documents and applications. AR is the native token that is used to incentivize miners to keep copies of data and pay for the transaction fees.
Should you buy Filecoin (FIL)?
On December 14, Filecoin (FIL) had a value of $36.94.
To see what this value point is for the FIL token, we’ll compare it to it's all-time high value as well as its performance last month.
The all-time high value of Filecoin (FIL) was on April 1, when the token reached a value of $236.84. This puts the FIL token $199.9 higher in value or by 541% at its all-time high-value point.
When we go over the performance in November, on November 10, FIL had its highest value point of the month at $69.07.
Its lowest value point was on November 24, when the token fell to a value of $48.78.
Here, we can see that the token fell in value by $20.29 or by 29%.
With all of this in mind, at $36.94, FIL is a solid purchase opportunity as it has the potential to jump to $45 in value by the end of January 2022.
Should you buy BitTorrent (BTT)?
On December 14, BitTorrent (BTT) had a value of $0.00285620.
To see what this value point means for the token, we will go over its all-time high value as well as its recent performance.
The all-time high value of BitTorrent (BTT) was on April 5, when the token reached $0.01356626 In value. This gives us an indication that at its all-time high value, the token was $0.01071006 higher or by 375%.
When we go over the token’s performance in November, the highest value point of the BTT token was on November 2, when it reached a value of $0.004235.
Its lowest value point was on November 28, when the token decreased to a value of $0.003022. Here, we can witness a decrease in value by 28% or by $0.001213.
With this in mind, at $0.00285620, BTT is a solid buy as it can increase its value to $0.004 by the end of January 2022.
Should you buy Arweave (AR)?
On December 14, Arweave (AR) had a value of $37.93.
To see what this value point means for the token, we will compare it to it's all-time high value as well as its performance in November.
When we look at November, its lowest value point was on November 1, when it was worth just $50.88.
On November 5, Arweave (AR) had its all-time high-value point of $89.24.
Here we can see that from November 1 to November 5, the token increased in value by $38.36 or by 75%.
However, from November 5 to December 14, Arweave (AR) decreased in value by $51.31 or by 57%.
With this in mind, AR is a solid purchase at $37.93 as it can jump in value to $45 by the end of January 2022.