Yield Farming tokens to keep an eye on at the end of June

By:
on Jun 28, 2022
  • Uniswap (UNI), Aave (AAVE), and Synthetix Network (SNX) are some of the best yield farming tokens you can get.
  • Each cryptocurrency has the potential to grow further in value by the end of June.
  • All of these tokens have an additional level of utility associated with them.

Uniswap UNI/USD, Aave AAVE/USD, and Synthetix Network SNX/USD are some of the best yield farming tokens you can get at the end of June.

Uniswap made an announcement that they acquired Genie, the first NFT marketplace aggregator.

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AAVE as a cryptocurrency has been accumulated by whales throughout the past month, according to a report by Santiment. 

Synthetix made an announcement surrounding the Synthetix Community Governance call, where they will dive deeper into the upcoming updates.

All of these updates and developments can contribute to the growth of each project’s ecosystem, as well as the value of each cryptocurrency.

Should you buy Uniswap (UNI)?

On June 28, 2022, Uniswap (UNI) had a value of $5.279.

The all-time high of Uniswap (UNI) was on May 3, 2021, when the token reached a value of $44.92.

Taking a look at its performance throughout the previous month, Uniswap (UNI) had its highest point of value on May 5 at $8.0409. Its lowest point was on May 12 at $4.1263.

Here we can see a decrease in value of $3.9146 or by 48%.

However, since then, the token has grown in value by $1.1527 or by 28%.

At this rate, UNI can reach $9 by the end of July 2022, making it a solid cryptocurrency to buy.

Should you buy Aave (AAVE)?

On June 28, 2022, Aave (AAVE) had a value of $66.38.

Going over its all-time high, Aave (AAVE) had its highest point of value on May 18, 2021, at $661.69.

Going over how the token performed throughout the previous month, Aave (AAVE) had its highest point of value on May 5 at $161.33, while its lowest point of value was on May 12 at $70.23.

Here we can see a decrease in value of $91.1 or by 56%.

This makes $66.38 a solid entry point for the AAVE cryptocurrency, as it can climb to $80 by the end of July 2022.

Should you buy Synthetix Network (SNX)?

On June 28, 2022, Synthetix Network (SNX) had a value of $2.41.

Looking at the all-time high of the cryptocurrency, Synthetix Network (SNX) had its all-time high on February 14, 2021, at $28.53.

When we take a look at its performance in May, Synthetix Network (SNX) had its highest point of value on May 5 at $5.142, while its lowest was on May 12 at $2.2227.

Here we can see a decrease of $2.9193 or 56%.

However, with its recent growth in mind, SNX is a solid buy at $2.41, as it can climb to $5 by the end of July 2022.

Where to buy right now

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