The top Ethereum ecosystem tokens on January 22, 2022: BNT and BAT

  • Bancor Network Token (BNT) trading volume increased by 41% in the last 24 hours.

  • Basic Attention Token (BAT) trading volume has increased by 50% in the last 24 hours.

  • Both tokens have the potential to increase in value by the end of February 2022.

Bancor is a blockchain protocol that allows users to convert various cryptocurrency virtual tokens directly and instantly, backed by the BNT cryptocurrency token.

Basic Attention Token is a blockchain-based system that tracks users' media usage time as well as their attention on websites while using the Brave browser powered by the BAT cryptocurrency token.

Should You Buy Bancor Network Token (BNT)?

On January 22, 2022, Bancor Network Token (BNT) was valued at $2.29.

To get a better idea of what exactly this means for the BNT token, we will compare its current value to its all-time high as well as its December performance.

Bancor Network Token (BNT) all-time high was on January 9, 2018 when the token hit $10.72. At its ATH, the token was valued at $8.43, or 368% higher than today.

In terms of December performance, the highest point was on December 1st with a value of $4.26, while the lowest point was on December 15th with a value of $3.05. This means that the token lost $1.21, or 28%, in value during this period.

With this in mind, the BNT token priced at $2.29 is a solid buy as it has the potential to reach $3 by the end of February 2022.

Should You Buy Basic Attention Token (BAT)?

On January 22, 2022, Basic Attention Token (BAT) was worth $0.70.

To get a better idea of what exactly this means for the BAT token, we will compare its current value to its all-time high as well as its December performance.

The all-time high of the Basic Attention Token (BAT) was on November 28, 2021 when the token hit $1.90. This means that the value of the token at its ATH was $1.2 or 171% higher than today.

In terms of the token's December performance, it recorded its highest point on December 1st at $1.61, while its lowest price was on December 15th at $0.99. Here we can see that the token has lost $0.62 or 38% in value over this period.

With this in mind, BAT at $0.70 is a worthwhile buy as it can reach $1 by the end of February 2022.

The post The best Ethereum ecosystem tokens on January 22, 2022: BNT and BAT appeared first on BitcoinMag.de .