Dogecoin DOGE/USD is a meme-cryptocurrency token developed as a joke that eventually attracted a huge following of enthusiasts and is used as a means of transferring money or as a tipping coin online.
Shiba Inu SHIB/USD is a cryptocurrency token that’s a part of many dog-themed meme coins. However, it grew in popularity and eventually gained its own ecosystem.
Are you looking for fast-news, hot-tips and market analysis?
Sign-up for the Invezz newsletter, today.
Spell Token SPELL/USD is a governance token used on Abracadabra.money, which is a platform that lets users deposit collateral in the form of interest-bearing crypto assets in order to mint the MIM stablecoin.
Should you buy Dogecoin (DOGE)?
On January 10, Dogecoin (DOGE) had a value of $0.15558.
To get a better perspective as to what kind of value point this is for the DOGE token, we will go over its all-time high value as well as its performance the previous month.
The all-time high value of the DOGE token was on May 6, 2021, when it reached $0.731578. Here, we can see that at its ATH point of value, the token was $0.575998 higher in value or by 370%.
When we go over the performance of the token last month, we can see that, on December 2, the token had its highest point of value at $0.2224.
Its lowest point of value, however, was on December 13, when it decreased to $0.1553. This gives us an indication that the token decreased in value by $0.0671 or by 30%.
With this in mind, at $0.15558, DOGE is a solid buy as it has the potential to reach $0.20 by the end of January.
Should you buy Shiba Inu (SHIB)?
On January 10, Shiba Inu (SHIB) had a value of $0.00002878.
To see what this value point means for the SHIB token, we will compare it to its ATH point of value as well as its performance the previous month.
The all-time high value of the SHIB token was on October 28, 2021, when it reached a value of $0.00008616. This gives us an indication that at its all-time high point of value, the token was $0.00005738 higher in value or by 199%.
When we go over the performance of the token in December, on December 1, the token had its highest value of $0.00004702.
Its lowest value point, however, was on December 20, when the token decreased to a value of $0.00002856. Here, we can see that the token decreased in value by $0.00001846 or by 39%.
With this in mind, at $0.00002878, SHIB is a great purchase as it has the potential of climbing to $0.0004 by the end of January.
Should you buy Spell Token (SPELL)?
On January 10, Spell Token (SPELL) had a value of $0.015155.
To see what this value point means for the SPELL token, we’ll go over the performance in December, as well as its ATH point of value.
MIM’s all-time high value was on November 2, 2021, when it reached a value of $0.03506357. Here, we can see that the token was $0.01990857 higher in value, or by 131% at its ATH point of value.
When we go over SPELL’s performance last month, we can see that its lowest value point was on December 4, when the token decreased to a value of $0.006939.
Its highest point of value, however, was on December 28, when the token increased in value to $0.0262. Here, we can see that the token increased by $0.019261 in value or by 277%.
With that in mind, at $0.015155, SPELL is a solid purchase as it can reach $0.02 by the end of January.
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 >
- bitFlyer, simple, easy to use and regulated. Register here >
Source: https://invezz.com/news/2022/01/12/the-top-3-meme-tokens-worth-buying-on-january-12-doge-shib-and-spell/