Arweave AR/USD, Cosmos ATOM/USD, NEM XEM/USD, and Solana SOL/USD are all solid cryptocurrencies that have showcased signs of tremendous recovery in the crypto market.
On May 13, 2022, RareCandy3D announced that Arweave had invested in the project and announced a partnership.
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Cosmos’s Twitter also posted a large thread discussing some “words of wisdom, guidance, and perspective” regarding the bearish crypto markets, which led to community engagement.
Then, Solana’s Twitter handle re-tweeted a tweet made by Matty Taylor, showcasing that Solana DeFi has been steadily growing, with daily active users up by 380% in the past 90 days,
NEM also teased that a new SuperNode program is on the horizon on May 16, 2022, sparking community hype.
Should you buy Arweave (AR)?
On May 16, 2022, Arweave (AR) had a value of $17.03.
The all-time high value of Arweave (AR) was on November 5, 2021, when it reached a value of $89.24. This means that at its ATH, the token was $72.21 higher in value or by 424%.
When we go over the performance of the token throughout the previous month, Arweave (AR) had its highest point of value on April 3 at $41.23.
Its lowest point of value was on April 30 at $23.97. This marked a decrease in value of $17.26 or 41%.
However, at $17.03, AR is a solid buy as it has seen an increase in value and can reach $20 by the end of May 2022.
Should you buy Cosmos (ATOM)?
On May 16, 2022, Cosmos (ATOM) had a value of $11.72.
The all-time high value of Cosmos (ATOM) was on January 17, 2022, when the token reached a value of $44.45. Here we can see that at its ATH, the token was $32.73 higher in value, or by 279%.
When we take a look at how the token performed throughout the previous month, Cosmos (ATOM) had its highest point on April 3 at $33.07, while its lowest point was on April 30 at $18.38.
Here, we can see that the token decreased in value by $14.69 or by 44%.
With this in mind, after its recent increase in value, ATOM is a solid buy as it can reach $18 by the end of May 2022.
Should you buy NEM (XEM)?
On May 16, 2022, NEM (XEM) had a value of $0.05933.
The all-time high value of NEM (XEM) was on January 7, 2018, when it reached a value of $1.87. Here, we can see that at its ATH, the token was $1.81067 higher in value or by 3051%,
Going over how the token performed in April, NEM (XEM) had its highest point of value on April 2 at $0.1259, while its lowest point was on April 30 at $0.08851.This marked a decrease in value of $0.03739 or 29%.
With this in mind, at $0.05933, XEM is a solid buy as it can reach $0.09 by the end of May 2022.
Should you buy Solana (SOL)?
On May 16, 2022, Solana (SOL) had a value of $53.63.
The all-time high value of Solana (SOL) was on November 6, 2021, when it reached a value of $259.96. This means that at its ATH, the token was $206.33 higher in value or by 384%,
Looking at the token’s performance in April, Solana (SOL) had its highest point of value on April 2 at $141.86.
Its lowest point was on April 30 at $90.46. This means that the token decreased in value by $51.4 or by 36%.
On its path to recovery, the token can reach $70 by the end of May 2022, making it a solid buy.
Where to buy right now
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*Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.
Source: https://invezz.com/news/2022/05/16/top-tokens-to-buy-as-the-crypto-market-is-in-recovery/