Getting into storage tokens with these top gems

Filecoin FIL/USD, Arweave AR/USD, and Holo HOT/USD are solid storage tokens that you can get.

Filecoin is essentially a network that fills the role of being a decentralized, peer-to-peer (P2P) file storage network that aims to let anyone store or retrieve and even host digital information.

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On May 29, 2022, Filecoin posted how Estuary makes storing on Filecoin easier and that users have added 600,000,000 objects to the service.

Arweave, on the other hand, is software that aims to store files permanently across a distributed network of computers. 

The Arweave team posted on May 26, 2022, about a Community Spotlight where they showcased a sneak peek into the latest projects building on Arweave.

Then there’s Holo, which is a distributed peer-to-peer (P2P) hosting platform for Holochain apps (hApps). 

On May 26, 2022, Holo announced The Holochain Developer Education Initiative, where they are investing over $2 million throughout the span of 2 years to empower developers to build on Holochain.

Should you buy Filecoin (FIL)?

On May 31, 2022, Filecoin (FIL) had a value of $8.09.

The all-time high of Filecoin (FIL) was on April 1, 2021, with a value of $236.84.

Looking at the performance in April, Filecoin (FIL) had its highest point of value on April 5 at $26.3, while its lowest point was on April 29 at $17.12. Here we can see a decrease of $9.18 or 35%.

With this in mind, at $8.09, FIL is a solid buy as the token can increase to $12 by the end of June 2022.

Should you buy Arweave (AR)?

On May 31, 2022, Arweave (AR) had a value of $14.84.

When we look at its all-time high, Arweave (AR) had a value of $89.24 on November 5, 2021.

Going over the performance throughout the previous month, Arweave (AR) had its highest point of value on April 3 at $41.23, while its lowest point was on April 30 at $23.97.

Here we can see a decrease of $17.26 or 42%.

If AR breaks past $15, it can reach $20 by the end of June, making it a solid buy. However, if it decreases under $10, it might be worth reconsidering.

Should you buy Holo (HOT)?

On May 31, 2022, Holo (HOT) had a value of $0.00257.

Going over its all-time high, Holo (HOT) had its all-time high on April 5, 2021, with a value of $0.03126682.

When we look at its performance in April, Holo (HOT) had its highest point of value on April 3 at $0.007071, while its lowest point was on April 30 at $0.004077.

This marked a decrease of $0.002994 or 42%. That said, at $0.00257, HOT is at one of its lowest points of value and presents a solid buying opportunity, as it can climb to $0.008 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:

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