Quant (QNT/USD), Maker (MKR/USD), and Elrond (EGLD/USD) are some of the best cryptocurrencies that you can buy on October 4, 2022, and we are going to explore each token individually to see why.
Quant (QNT) is an Ethereum (ETH/USD) based cryptocurrency built to power Quant Network’s Overledger set of enterprise software solutions without needing companies to create a new infrastructure.
Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today.
Maker (MKR) is the governance cryptocurrency used for the MakerDAO as well as for the Maker Protocol, which is a decentralised organization as well as a software platform.
Elrond (EGLD) is a cryptocurrency as well as a blockchain platform purpose-built to handle high transaction throughput and supports decentralised applications (dApps) by leveraging smart contracts.
Should you buy Quant (QNT)?
On October 4, 2022, Quant (QNT) had a value of $140.33.
When we go over the 7-day performance of the cryptocurrency, Quant (QNT) had its low point at $122.58, while its high point was at $144.91. Here we can see a $22.33 difference in value, or by 18%.
Looking at its 24-hour performance, Quant (QNT)’s low point was $131.19, while its high point was $144.38. This marked a price increase of 10% or by 13.19.
With this in mind, investors might want to buy Quant (QNT) as it can climb to $160 by the end of October 2022.
Should you buy Maker (MKR)?
On October 4, 2022, Maker (MKR) had a value of $849.35.
Looking at its weekly performance, Maker (MKR) had its low point at $690.01, while its high point was at $847.37. Here we can see an increase of $157.36 or 23%.
When we look at the 24-hour performance, Maker (MKR) had its low point at $784.34, while its high point was at $847.37. This marks a $63.03 difference in value, or by 8%.
Maker (MKR) can climb to $920 by the end of October 2022, so investors might want to jump in and buy MKR.
Should you buy Elrond (EGLD)?
On October 4, 2022, Elrond (EGLD) had a value of $53.
EGLD/USD Chart by Tradingview.
Going over the performance of the cryptocurrency throughout the past 7 days, Elrond (EGLD) had its low point at $45.19 while its high point was at $53.30. Here we can see an $8.11 increase or 18%.
In terms of the 24-hour performance, Elrond (EGLD) had its low point at $49.53, while its high point was at $43.30. Here we can see a $6.23 difference, or by 12%.With this in mind, buying Elrond (EGLD) is a solid idea as it can climb to $67 by the end of October 2022.