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All three cryptocurrencies have an ecosystem that goes along with them: Solana (SOL/USD), Avalanche (AVAX/USD), and Ethereum (ETH/USD).
These ecosystems include non-fungible tokens (NFTs), decentralized applications (dApps), and other components of decentralized finance (DeFi).
We will discuss which ecosystems are worthwhile for your attention today. If you want to participate in a particular ecosystem, you will need to hold the native coin of the underlying blockchain.
Should you buy Ethereum (ETH)?
On October 31, 2022, Ethereum (ETH) had a value of $1,619.60.
On November 10, 2021, Ethereum (ETH) reached its all-time high, with a value of $4,878.26. From this point, we can see that the token was worth 201% more at its ATH, or $3.258.66.
When looking at the performance during the previous seven days, Ethereum (ETHlow )’s point was $1,332.86 and its high point was $1,645.08. Here, we observe a $312.22 or 23% rise.
The low point and high point of the 24-hour performance were $1,565.46 and $1,626.81, respectively. This represented a further rise of $61.35, or 4%.
With this in mind, investors might want to buy ETH as it can climb to $1,800 by the end of November 2022.
Should you buy Avalanche (AVAX)?
On October 31, 2022, Avalanche (AVAX) had a value of $19.2.
AVAX//USD Chart by Tradingview.
The Avalanche’s (AVAX) all-time high price was $144.96 on November 21, 2021. This demonstrates that the token had a $125.76 value increase, or a 655% increase, from its ATH.
Looking at Avalanche (AVAXperformance )’s over the past seven days, we can see that its low point was at $15.66 and its high point was at $18.82. Here, we can notice a $3.16 or 20% rise.
The 24-hour performance had a low point of $18.01 and a high point of $19.11, respectively. Here, a gain of $1.1, or 6%, is visible.
AVAX can increase to $22 by the end of November 2022, making purchasing it a wise decision in light of all we’ve seen so far.
Should you buy Solana (SOL)?
On October 31, 2022, Solana (SOL) had a value of $34.
Solana (SOL) reached its all-time high on November 6, 2021, when its price was $259.96. Here, we can see that the cryptocurrency was worth $225.96 more at its all-time high, or by 664%.
When looking at Solana’s (SOL) seven-day performance, we can see that its low point was at $28.19 and its high point was at $33.81. This was a $5.62 or 20% rise.
The 24-hour performance showed that the low point was $32.06 and the high point was $34.10. This represented an additional $2.04 or a 6% rise.
With all this in mind, buying SOL is a solid option, as it can climb to $40 by the end of November 2022.
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