Are UNI, AAVE, CAKE and COMP the best yield farming tokens you can get?

Uniswap UNI/USD, Aave AAVE/USD, PancakeSwap CAKE/USD, and Compound COMP/USD are all categorized as yield farming tokens.

Today, we are going to go over each token individually and see if they are worth getting.

Are you looking for fast-news, hot-tips and market analysis?

Sign-up for the Invezz newsletter, today.

Should you buy Uniswap (UNI)?

On April 15, 2022, Uniswap (UNI) had a value of $9.63.

The all-time high 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 lowest point of value on March 15 at $8.19.

Its highest point of value was on March 31 at $12.32. Here, we can see that the token increased in value by $4.13 or by 50%.

With this in mind, UNI is a solid buy as it can reach $15 by the end of April.

Should you buy Aave (AAVE)?

On April 15, 2022, Aave (AAVE) had a value of $172.7.

The all-time high of Aave (AAVE) was on May 18, 2021, when the token reached a value of $661.69.

When we look at how the token performed last month, Aave (AAVE) had its lowest point of value on March 7 at $114.5.

Its highest point was on March 30 at $239.98. Here we can see that the token increased in value by $125.48 or by 109%.

With this in mind, we can expect the token to reach a value of $200 by the end of April.

Should you buy PancakeSwap (CAKE)?

On April 15, 2022, PancakeSwap (CAKE) had a value of $8.02.

The all-time high of PancakeSwap (CAKE) was on April 30. 2021 when the token reached a value of $43.96.

Going over how the token performed in March, PancakeSwap (CAKE) had its lowest value on March 15 at $5.36, while its highest was on March 31 at $9.45. This marked an increase of $4.09 or 76%.

With this in mind, we can expect CAKE to reach a value of $12 by the end of April 2022.

Should you buy Compound (COMP)?

On April 15, 2022, Compound (COMP) had a value of $142.44.

The all-time high of Compound (COMP) was on May 12, 2021, when it reached a value of $910.54.

When we look at how well the token did in March, Compound (COMP) had its lowest point of value on March 13 at $98.64, while its highest point was on March 31 at $162.9.

Here, we can see that the token increased in value by $64.26 or by 65%.

With this in mind, we can expect COMP to reach a value of $180 by the end of April, making it a solid buy.

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:

1. Etoro, trusted by over 13m users worldwide. Register here >
2. bitFlyer, 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.