Must have DeFi tokens under $1

Must have DeFi tokens under $1

By Milko Trajcevski - min read
Updated 21 March 2023
  • The Graph (GRT), 0x (ZRX), and Amp (AMP) are must have DeFi tokens under $1.

  • Each token has undergone numerous developments and updates that could boost its value.

  • AMP increased its trading volume by 80% which marked solid movements in the market

The Graph (GRT), 0x (ZRX), and Amp (AMP) are some of the best decentralized finance tokens you can get on May 23, 2022.

On May 23, 2022, Data Nexus became an indexer on The Graph protocol, which was an excellent addition to the broad ecosystem.

On May 21, 2022, 0x announced that they have enabled over $160 billion in tokenized value across over 44 million trades. This is a showcase of how far this project has gotten thus far.

The trading volume of AMP increased by 80% throughout the last 24 hours, as of May 23, 2022. Even in the toughest crypto climate, AMP staked on the Flexa Network showed resilience as well with a consistent number of holders. 

All of these developments could contribute to the overall growth in the value of each of these tokens.

Should you buy The Graph (GRT)?

On May 23, 2022, The Graph (GRT) had a value of $0.1696.

When we look at its all-time high, The Graph (GRT) was worth $2.84 on February 12, 2021.

Going over the performance of the token throughout the previous month, The Graph (GRT) had its highest point on April 2 at $0.5369. Its lowest point was on April 25 at $0.3274. Here, we can see a decrease of $0.2095 or 39%.

However, at $0.1696, GRT is a solid buy as the token can reach $0.3 by the end of May 2022.

Should you buy 0x (ZRX)?

On May 23, 2022, 0x (ZRX) had a value of $0.453074.

Going over the all-time high of the token, 0x (ZRX) had its ATH on January 13, 2018, when it reached $2.50.

Looking at how the token performed last month, 0x (ZRX) had its lowest point on April 18 at $0.6576. Its highest point was on April 21 at $1.1088. Here we can see that the token increased in value by $0.4512 or by 68%.

However, it has since then decreased to $0.453074, which marks this a solid entry point for investors, as it can climb to $0.8 by the end of May 2022.

Should you buy Amp (AMP)?

On May 23, 2022, Amp (AMP) had a value of $0.01335.

Looking at the token’s all-time high, Amp (AMP) was worth $0.120813 on June 16, 2021.

Taking a look at how the token performed throughout the previous month, Amp (AMP) had its highest point on April 4 at $0.02946, while its lowest was on April 30 at $0.01967.

This price movement indicates a decrease of $0.00979 or 33%. However, the token is a solid buy at $0.01335 due to the fact that it can climb to $0.03 by the end of May 2022.