Ethereum ecosystem tokens that have exploded in popularity: MANA, BAT and BNT
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MANA, BAT, and BNT are all tokens that are a part of the Ethereum ecosystem.
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Each token has showcased significant levels of interest by investors throughout the last year.
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All of these tokens have the potential for growth going forward.
Decentraland (MANA) is essentially the token used within the Decentraland metaverse where players can buy, develop and sell LAND. MANA is an ERC-20 based token.
Basic Attention Token (BAT) is a blockchain-based system that is used as a means of tracking the time and attention of media consumers on websites using the Brave web browser built on Ethereum.
Bancor Network Token (BNT) is an Ethereum token that powers the Bancor Protocol, which is an on-chain liquidity protocol that can be implemented on any smart contract-enabled blockchain.
Should you buy Decentraland (MANA)?
On March 18, 2022, Decentraland (MANA) had a value of $2.37.
The all-time high value of Decentraland (MANA) was on November 25, 2021, when the token reached a value of $5.85.
Looking at last month’s performance, Decentraland (MANA) had its highest point of value on February 9 at $3.47.
Its lowest point was on February 24, when the token decreased in value to $2.26. Here, we can see that the token decreased in value by $1.21 or by 35%.
However, the token has since grown in value to $2.37, and at this price point, it is a solid buy as it can reach $3 by the end of March 2022.
Should you buy Basic Attention Token (BAT)?
On March 18, 2022, Basic Attention Token (BAT) had a value of $0.826.
The all-time high value of Basic Attention Token (BAT) was on November 28, 2021, when the token reached a value of $1.90.
Discussing the value of the token throughout the previous month, the Basic Attention Token (BAT) had its highest point of value on February 7 when it reached a value of $0.985.
Its lowest point, however, was on February 24, when the token decreased to $0.577. This gives us an indication that the token decreased in value by $0.408 or by 41%.
However, from February 24 to March 18, the token increased in value by $0.249 or by 43%.
With this in mind, we can expect BAT to reach $1 by the end of March 2022, making it a solid token to buy.
Should you buy Bancor Network Token (BNT)?
On March 18, 2022, Bancor Network Token (BNT) had a value of $2.32.
The all-time high value of On March 18, 2022, Bancor Network Token (BNT) was on January 9, 2018, when it reached a value of $10.72.
When we look at how the token performed throughout the past month, Bancor Network Token (BNT) had its highest point of value on February 8 at $2.85, while its lowest point was on February 24 at $1.98.
This showcases that from February 8 to February 24, BNT decreased by $0.87 or by 30%.
However, from February 24 to March 18, the token increased in value by $0.34 or by 17%.
With this in mind, BNT can reach a value of $2.8 by the end of March 2022, making it a solid token to buy.