PancakeSwap CAKE/USD is an automated market maker (AMM) and a decentralized finance (DeFi) application that lets users exchange tokens and provide liquidity through farming and earning fees.
BakeryToken BAKE/USD is a part of the BakerySwap ecosystem where liquidity providers get rewarded in BAKE tokens that can be used to earn a share of the trading fees and to participate in the governance process through voting.
Alpha Finance Lab ALPHA/USD is a cross-chain decentralized finance platform that aims to bring alpha to users across different blockchains, one of which is the Binance Smart Chain (BSC).
Should you buy PancakeSwap (CAKE)?On December 30, PancakeSwap (CAKE) had a value of $12.02.
To get 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 last month.
The all-time high point of value for the CAKE token was on April 30, when it reached $43.96 in value. Here, we can see that at its ATH value point, the token was $31.94 higher in value or by 265%.
When we go over the performance of the token the previous month, we can see that on November 7, the token had its highest value point at $20.47.
Its lowest value point, however, was on November 26, when the token decreased to a value of $12.31. Here, we can see that the token decreased in value by $8.16 or by 40%.
With this in mind, we can expect CAKE to reach $15 by the end of January 2022, making it a solid buy.
Should you buy BakeryToken (BAKE)?On December 30, BakeryToken (BAKE) had a value of $1.064.
To get an indication as to what kind of value point this is for the BAKE token, we will compare it to its ATH point of value as well as its performance in November.
The all-time high point of value for the BAKE token was on May 2, when it reached a value of $8.38. At its ATH value, the BAKE token was $7.316 higher in value or by 687%.
The highest value point of the token in November was on November 10, when it reached a value of $2.327.
The token’s lowest value point was on November 28, when it decreased to a value of $1.643. Here, we can see that the token decreased in value by $0.684 or by 29%.
With this in mind, we can expect BAKE to reach a value of $1.5 by the end of January 2022, making it a solid buy.
Should you buy Alpha Finance Lab (ALPHA)?On December 30, Alpha Finance Lab (ALPHA) had a value of $0.6888.
To see what this value point indicates for the ALPHA token, we will go over the ATH point of value of the token alongside its performance the previous month.
The ATH point of value for Alpha Finance Lab (ALPHA) was on February 5, when the token reached a value of $2.93. Here, we can see that the token was $2.2412 higher in value, or by 325% at its ATH point of value.
When we go over the performance of ALPHA in November, we can see that the token’s highest point was on November 10, when It reached a value of $1.261.
Its highest value point, however, was on November 26, when it reached a value of $0.845. Here, we can see that the token decreased in value by $0.416 or by 33%.
This puts it in a solid position to buy, as it has the potential to reach $1 by the end of January 2022.
The post The best Binance Smart Chain ecosystem tokens worth buying on December 30: CAKE, BAKE and ALPHA appeared first on Invezz.
