NEXO, XDC and KAVA are the best finance tokens you can buy on January 20, 2022 and this is why!

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 Jan 20, 2022
  • NEXO’s value increased by 3% in the last 24 hours.
  • XDC also has huge potential for growth as its seen spikes in value recently.
  • KAVA is at a solid price point to purchase with a long-term goal.

NEXO NEXO/USD is a regulated digital asset platform that offers instant crypto loans. The NEXT token is used as a source of discounts and offers other benefits to the users of the platform.

XDC Network XDC/USD is a hybrid blockchain network. XDC is the fuel used to power the network and is a means of paying for transaction fees and smart contract operations. 

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Kava KAVA/USD is a software protocol developed to use multiple cryptocurrencies and lets users borrow and lend assets with ease. KAVA is the native staking and governance token used on the blockchain.

Should you buy NEXO (NEXO)?

On January 20, NEXO (NEXO) had a value of $2.3311.

NEXO had its all-time high value on May 12, 2021, with a value of $4.07. This made the token $1.7389 higher in value or by 74%.

On December 1, the token had its highest point of value of that specific month at $2.8717.

Its lowest point was on December 6, when it decreased in value to $1.9838. This indicates that the token decreased in value by 30% or by $0.8879.

With that in mind, from December 6 to January 20, it increased by $0.3473 or by 17.51%. This leads us to an indication that NEXO has the potential of reaching $2.7 by the end of January, making it a solid buy.

Should you buy XDC Network (XDC)?

On January 20, XDC Network (XDC) had a value of $0.08168.

XDC had its all-time high value on August 21, 2021, with a value of $0.192754. This marked an increase in value of $0.111074 or 135%.

When we go over the performance of the token throughout the previous month, we can see that on December 14, it had its lowest point of value at $0.06666.

Then the token spiked in value on December 16, with a value of $0.09732. Here, the token increased in value by $0.03066 or by 46%. With this in mind, we can expect XDC to reach $0.1 by the end of February 2022.

Should you buy Kava (KAVA)?

On January 20, Kava (KAVA) had a value of $4.466.

KAVA had its all-time high value on August 30, 2021, with a value of $9.12. Here, we can see that the token was $4.654 higher in value or by 104%.

Kava’s performance in December is interesting, as the token’s highest point was on December 2, with a value of $5.2892.

Its lowest point, however, was on December 14, when the token decreased in value to $3.2217.

This means the token decreased in value by $2.0675 or by 39%. However, from December 14 to January 20, the token increased in value by $1.2443 or by 38%. 

With this in mind, we can expect KAVA to reach $5 by the end of January 2022, 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. Capital.com, simple, easy to use and regulated. Register here >

*Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.