Best decentralized finance (DeFi) tokens any investor should get

Written by

Written on Jul 5, 2022

Reading time 2 minutes

Numeraire (NMR), dYdX (DYDX), and API3 (API3) are all solid DeFi tokens to get on July 5.
NMR increased by 112% in the last seven days, DYDX by 33%, and API3 by 26%.
All of these projects have undergone numerous developments and have huge growth potential.

Numeraire NMR/USD, dYdX DYDX/USD, and API3 API3/USD are some of the best decentralized finance (DeFi) tokens you can get on July 5.

On June 27, 2022, Numerai announced that James Elford, an Engineer at the project, will present the London Numerai Meetup.

dYdX announced the dYdX Chain, which marks V4 of the project, and will be developed as a standalone Cosmos-based blockchain.

API3 held a community call Livestream, where they introduced their new Communications Lead.

Should you buy Numeraire (NMR)?

On July 5, 2022, Numeraire (NMR) had a value of $18.71.

The all-time high of the Numeraire (NMR) was on May 16, 2021, when the cryptocurrency reached a value of $93.15.

When we take a look at its performance throughout the previous month, Numeraire (NMR) had its lowest point of value on June 18 at $7.2096. Its highest point was on June 30 at $31.2.

Here we can see an increase in value of $23.9904 or by 332%.

With that in mind, at $18.71, NMR is a solid cryptocurrency to buy as it can reach a value of $30 by the end of July 2022.

Should you buy dYdX (DYDX)?

On July 5, 2022, dYdX (DYDX) had a value of $1.877.

When we look at its all-time high, dYdX (DYDX) reached a value of $27.86 on September 30, 2021.

Going over its performancedYdX (DYDX) throughout June, DYDX had its highest point of value on June 1 at $2.0851, while its lowest point was on June 18 at $1.0123.

Here we can see that the cryptocurrency decreased in value by $1.0728 or by 51%.

However, from June 18 to July 5, DYDX increased in value by $0.8647 or by 85%.

This makes DYDX a solid cryptocurrency to buy, as it can reach $3 by the end of July 2022.

Should you buy API3 (API3)?

On July 5, 2022, API3 (API3) had a value of $2.014.

Going over the all-time high of the cryptocurrency, API3 (API3) had its ATH on April 7, 2021, at a value of $10.30.

Looking at its performance throughout the previous month, API3 (API3) had its lowest point of value on June 13 at $1.0476. Its highest point was on June 29 at $1.9036.

Here, we can see an increase in value of $0.856 or 81%.

With this in mind, we can expect the API3 cryptocurrency to climb to $3.5 by the end of July, making it a solid buy.