Thursday, September 23, 2021
HomeNewsThat's why I'm investing in UNI, LINK and AAVE in September 2021!

That’s why I’m investing in UNI, LINK and AAVE in September 2021!

Uniswap UNI / USD is one of the most popular decentralized trading protocols that facilitates automated DeFi token trading.

Chainlink LINK / USD is a blockchain abstraction layer that makes it possible to connect smart contracts universally and to interact with blockchains with external data feeds, events and payment methods.

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Aave AAVE / USD is a decentralized financial protocol that enables people to borrow and lend cryptocurrencies while earning interest.

Should you invest in Uniswap (UNI)?

On September 1, Uniswap (UNI) was valued at $ 29.97.

To further analyze this value and see how it compares to other values, we will look at the high and the most recent development in August.

UNI hit its all-time high of $ 44.92 on May 3rd. This was only 50% above the value on September 1st.

On August 4th, UNI bottomed out at $ 20.96. Later, on August 16, it climbed to $ 31.01, the highest level for the month. This means an increase of 47%.

For this reason, and with trading volume up 63% in the last 24 hours, UNI is a worthwhile investment as it can climb to $ 35 by the end of September.

Should you invest in Chainlink (LINK)?

On September 1, Chainlink (LINK) was valued at $ 27.51.

We will look at the performance of the LINK token in August and compare it to its recent value as well as its all-time high.

LINK hit its all-time high of $ 52.70 on May 10th. It was 91% higher than on September 1st.

It hit its low for the month on August 2nd when it fell to $ 21.55. However, it peaked on August 16 when it rose to $ 30.09. This was an increase of 40%.

This makes LINK a worthwhile investment as it can climb to $ 32 by the end of September.

Should You Invest in Aave (AAVE)?

On September 1, Aave (AAVE) was valued at $ 399.

To get a better idea of ‚Äč‚Äčthis value, let’s compare it to its performance in August and its all-time high.

AAVE hit its all-time high on May 18, when it was valued at $ 661. This was 65% higher than on September 1st.

The AAVE hit its lowest of the month at $ 303 on August 4, before peaking at $ 433 on August 16. This was an increase of 42%.

Still, AAVE has the potential to climb to $ 430 by the end of September, making it a worthwhile investment.

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Hasan Sheikh
Hasan, who loves technology and games, is studying Computer Engineering at Delhi JNU. He has been writing technology news since 2016.


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