-
Binance Coin (BNB)’s trading volume has increased by 15% in the last 24 hours.
-
This might be the perfect time to invest in Cardano (ADA) while it's lower in value.
-
Polkadot (DOT)’s trading volume increased by 250%, and it reached a new all-time high value of $52.77.
Both the Binance Coin (BNB) and Polkadot (DOT) have shown tremendous growth in terms of trading volume, which is slowly starting to translate to their value.
In fact, Polkadot just achieved a new all-time high value of $52.77.
Cardano (ADA), on the other hand, has decreased in trading volume by 10%. However, it also has a lowered value which makes this the perfect opportunity to buy ADA tokens.
Should you buy Binance Coin (BNB)?
On November 2, Binance Coin (BNB) had a value of $545.7.
To better understand this value, we'll compare it to its all-time high point alongside some of the highest points that occurred last month.
The ATH value was achieved on May 10 when BNB reached $686.31. This means that the token was $140.61 higher in value or by 25%.
In terms of last month’s performance, on October 1, the value of the token was at its lowest point at $383.89.
On October 30, it raised its value to $536.57, making it one of the highest value points of the month.
This gives us an indication that the token increased in value by $152.68 or by 39%.
With this in mind, the BNB token has the potential to reach $600 by the end of November, making it a solid purchase.
Should you buy Cardano (ADA)?
On November 2, Cardano (ADA) had a value of $1.97.
The interesting part about this is the fact that it's not too far away from it's all-time high point, which was on September 2 at $3.09, and ADA has true potential to rise back up to that value point.
The token was $1.12 lower in value than its ATH or 36% lower on November 2.
We will compare it to its value and performance last month, just so we can have a better perspective.
On October 7, the value of the token was at its highest point at just $2.33, while its lowest point was on October 28, when the token fell in value to $1.91.
This indicates that the token dropped by $0.42 or by 18% throughout the month.
The Cardano ecosystem is constantly growing, and ADA has the potential to reach $2.5 by the end of November, which might make this the perfect time to buy the token.
Should you buy Polkadot (DOT)?
On November 2, Polkadot (DOT) had a value of $52.77.
This marks Polkadot (DOT)’s new all-time high value, and it looks like it will continue to grow throughout the month.
To get a better perspective on how this growth came to be, we will compare it to its performance in October.
On October 1, the token’s value was at its lowest point at $28.56, while its highest point occurred on October 22, when the token increased its value to $46.1. Here we can see that the token grew in value by $17.54, or by 61%.
However, from October 22 to November 2, the token has grown by an additional $6.67 or by 14% and is showing no signs of stopping.
DOT has the potential to reach $60 by the end of November at this rate, making it a solid purchase.
