EOS, Cosmos and Decred price analysis, which one is worth investing in September 2021?
- EOS saw an increase in trading volume by 13% in the last 24 hours.
- Cosmos saw an increase in trading volume by 78% in the last 24 hours.
- Decred saw an increase in trading volume by 30% in the last 24 hours.
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EOS EOS/USD is a platform specifically designed for developers to use and build decentralized applications.
Cosmos ATOM/USD is the cryptocurrency that powers the ecosystem of blockchains designed to scale and interoperate with each other.
Decred DCR/USD is a blockchain-based cryptocurrency token and protocol which was created to facilitate open governance, community interaction, and funding policies that are sustainable.
Today we are going to analyze each one’s price and determine which one is worth investing in.
Should you invest in EOS (EOS)?
On September 17, EOS (EOS) had a value of $5.153.
It’s time to dive a bit deeper into the historical value of EOS in August, as well as its all-time high, to get a better perspective of its potential growth.
The EOS token had its all-time high on April 29, 2018, where it had a value of $22.71. This made the token higher in value at its all-time high by $17.557 when compared to its value on September 17.
This made it 340% higher in value.
When it comes to the performance in August, EOS saw a value of $3.910 on August 2, which was its lowest point.
The token’s highest point of the month was on August 16, where it had a value of $5.875. Here we can see that the token increased in value by $1.965 or by 50% throughout the month.
With all of this in mind, we can realistically expect the value of EOS to rise to $6.500 by the end of September. This makes EOS a solid investment.
Should you invest in Cosmos (ATOM)?
On September 17, Cosmos (ATOM) had a value of $33.798.
Let’s dive deeper into its all-time high value and its value point in August to determine what this value point means.
The ATOM token had its all-time high value on September 13, where it reached $38.69. When we compare it to the value it had on September 13, and we can see that the difference is at $4.892, or at its all-time high, ATOM was just 14% higher in value.
When it comes to the lowest value point of ATOM in August, it was on August 3, where it had a value of $12.01.
The highest point, on the other hand, occurred on August 31, where the token had a value of $25.96.
Here we can see that the token grew in value by $13.95 within that specific time frame or saw an increase by 116%.
With this in mind, the token’s value can increase to $35 by the end of September, making it a worthwhile investment.
Should you invest in Decred (DCR)?
On September 17, Decred (DCR) had a value of $148.
To get a better perspective of how all of this works, we will be analyzing its value point in August as well as its all-time high value.
Decred saw its all-time high value point on April 17, where it reached $247. Here, we can see that at its all-time high, when compared to September 17, it was $99 higher in value or 66% higher.
When we look at the lowest value DCR had in August, it was on August 3, where the token was worth $125.
Its highest value point was on August 23, where the token reached a value of $181. This leaves us with an indication that the token grew in value by $56 throughout that time frame or saw an increase of 44%.
With all of this in mind, DCR has the potential to climb to $157 by the end of September, making it something to look out for in the eyes of investors.
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