On June 16, 2022, the development company behind Cardano, Input Output, tweeted that there are over 1,000 projects that are building on Cardano as the ecosystem is growing.
Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today.
On June 18, Avalanche shared an update about their Subnets and invited developers to submit their tutorials to the Avalanche Subnet Tutorial Contest and get up to $32,000 in prizes.
The Kraken Exchange also announced that Fantom (FTM) would be coming at the Kraken Futures contracts offering, where trading will began on June 20, 2022.
Should you buy Cardano (ADA)?
On June 20, 2022, Cardano (ADA) had a value of $0.4793.
Cardano (ADA) had its all-time high on September 2, 2021, when the token reached a value of $3.09.
Going over May, Cardano (ADA) had its highest point of value on May 5 at $0.8969. Its lowest was on May 12 at $0.407. This means that we can see a decrease of $0.4899 or 54%.
However, ADA can reach a value of $0.9 by the end of June 2022.
Should you buy Avalanche (AVAX)?
On June 20, 2022, Avalanche (AVAX) had a value of $16.63.
Avalanche (AVAX) had its all-time high on November 21, 2021, when the token reached a value of $144.96.
When we go over its performance in May, Avalanche (AVAX) reached its highest point of value on May 5 at $68.59, while the lowest point of value was on May 27 at $21.68.
This marked a decrease in value of $46.91 or 68%.
With this in mind, Avalanche (AVAX) can reach a value of $20 by the end of June 2022.
Should you buy Fantom (FTM)?
On June 20, 2022, Fantom (FTM) had a value of $0.2542.
When we take a look at its all-time high, Fantom (FTM) reached a value of $3.46 on October 28, 2021.
When we look at how the token performed in May, Fantom (FTM) had its highest point of value on May 5 at $0.8696, while its lowest point was on May 12 at $0.2552, which marked a decrease of $0.6144 or by 70%.
With all of this taken into consideration, FTM can reach a value of $0.8 by the end of June 2022.
Where to buy right now
To invest simply and easily, users need a low-fee broker with a track record of reliability. The following brokers are highly rated, recognised worldwide, and safe to use:
- Etoro, trusted by over 13m users worldwide. Register here >
- Capital.com, simple, easy to use and regulated. Register here >
*Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.