Top 3 wrapped tokens to buy on November 25 Wrapped Bitcoin, renDOGE, and Wrapped NXM?

By: Milko Trajcevski
Milko Trajcevski
Milko leverages his passion for cryptocurrencies and teaches investors something new each day. During his spare time, he loves… read more.
on Nov 25, 2021
  • Wrapped tokens are alternative versions of tokens that operate in a different blockchain.
  • Each of them is wrapped so they can function on a different blockchain network.
  • WBTC, RENDOGE, and WNXM are the tokens to buy on November 25.

Wrapped Bitcoin WBTC/USD is an ERC-20 version of Bitcoin which runs on Ethereum.

renDOGE RENDOGE/USD is Dogecoin, built to run on the Ethereum blockchain.

Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today.

Wrapped NXM WNXM/USD is a wrapped version of the NXM token, which is originally native to Nexus Mutual.

Should you buy Wrapped Bitcoin (WBTC)?

On November 25, Wrapped Bitcoin (WBTC) had a value of $58,319.

To get a better perspective as to what kind of value point this is for the token, we will compare it to its ATH value point as well as its performance last month.

WBTC had its ATH value on November 10, when it reached $70,643. The token was $12,324 higher in value or by 21% at its ATH value point.

On October 1, WBTC had a value of $43,411, which was its lowest point of value of the month.

The token climbed to its highest point of $66,857 on October 20. Here, we can see that the token climbed in value by $23,446 or by 54%.

With that in mind, we can expect it to reach $62,000 by the end of December, making it a solid buy.

Should you buy renDOGE (RENDOGE)?

On November 25, renDOGE (RENDOGE) had a value of $0.2056.

To figure out what kind of value this is for the token, we will go over its ATH value point and performance in October.

renDOGE had its ATH value on May 8 when it reached $0.731249. At its ATH, the token was 255% higher in value or by $0.525649.

In terms of the performance in October, on October 1, the token had its lowest point of value at $0.1834.

Its highest point of value was on October 28, when the token reached a value of $0.3344. 

This is an increase of $0.151 or by 82%.

With this in mind, we can expect it to reach $0.4 by the end of December, making it a solid buy.

Should you buy Wrapped NXM (WNXM)?

On November 25, Wrapped NXM (WNXM) had a value of $81.78.

To get a better perspective as to what kind of value point this is for the token, we will go over its all-time high value as well as its performance in October.

WNXM had its ATH value on May 12, when it was worth $130.82. At its ATH value point, WNXM was $49.04 higher in value or by 60% when compared to its value on November 25.

In terms of the highest point of value in October, it was on October 10 when the token reached a value of $65.41.

Its lowest point of value was on October 28, when it reached a value of $48.97. This marked a decrease in value by $16.44 or by 25%.

However, from October 28 to November 25, the token climbed in value by $32.81 or by 67%.

With that in mind, it has the potential to reach $100 by the end of December, making it a solid buy.

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:

  1. Etoro, trusted by over 13m users worldwide. Register here >
  2. bitFlyer, simple, easy to use and regulated. Register here >