Highest growth potential DEX tokens to buy on March 16, 2022: UNI, RUNE and CAKE
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Uniswap’s value increased by 8% in the last 24 hours.
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THORChain has solid potential for growth.
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CAKE’s trading volume increased by 30% in the last 24 hours.
Uniswap (UNI), THORChain (RUNE), and PancakeSwap (CAKE) are the best DEX tokens you can get on March 16, 2022, and we are going to go over each token individually as a means of seeing how far they can grow.
Should you buy Uniswap (UNI)?
On March 16, 2022, Uniswap (UNI) had a value of $8.85.
The all-time high value of Uniswap (UNI) was on May 3, 2021, when the token reached a value of $44.92.
When we go over the value of the token throughout the previous month, Uniswap (UNI) had its highest point of value on February 8, when it reached a value of $12.85.
Its lowest point was on February 24 at $7.67. This gives us an indication that the token decreased in value by $5.18 or by 40%.
However, since then, UNI increased to $8.85, which makes it an excellent point of value to purchase as it can reach $10 by the end of March 2022.
Should you buy THORChain (RUNE)?
On March 16, 2022, THORChain (RUNE) had a value of $6.95.
The all-time high value of THORChain (RUNE) was on May 19, 2021, when the token reached a value of $20.87.
When we look at the token’s value in February, THORChain (RUNE) had its highest point of value on February 7 at $5.20.
Its lowest point was on February 24 at $3.06. This indicates a decrease of $2.14 or 41%.
However, from February 24 to March 16, the token increased in value by $3.89 or by 127%.
With this in mind, we can expect the token to reach a value of $9 by the end of March 2022, making it a solid purchase.
Should you buy PancakeSwap (CAKE)?
On March 16, 2022, PancakeSwap (CAKE) had a value of $5.56.
The all-time high value of PancakeSwap (CAKE) was on April 30, 2021, when the token reached a value of $43.96. This means that at its ATH, the token was $38.4 higher in value or by 690%.
Looking at the token’s value in February, PancakeSwap (CAKE) had its highest point of value on February 8 at $8.60.
Its lowest value point was on February 24 at $5.75. This indicates a decrease of $2.85 or by 33%.
With this in mind, we can expect CAKE to reach $7 by the end of March 2022, making it a solid token to buy.