These are the DEX tokens that should not be missed on April 27

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These are the DEX tokens that should not be missed on April 27

By Milko Trajcevski - min read
Updated 21 March 2023
  • ZRX, SUSHI and CAKE are the best DEX tokens you can get on April 27.

  • Each token has seen numerous developments and a high level of growth.

  • All of these tokens can grow in value further.

After the decentralized exchange (DEX) protocol 0x Labs raised $70 million from Greylock, OpenSea, and Jared Leto, in a Series B Round, there has been a spike in interest surrounding DEX tokens.

0x Labs is a non-fungible token (NFT) partner of Coinbase, and they rolled out a set of NFT swap features that enabled users to exchange digital collectibles across multiple blockchains. 

All of these developments sparked an interest in DEX tokens, and today, we will be going over some of the best options you have.

We will be taking an in-depth look at the values of ZRX, SUSHI, and CAKE to give you an indication if they are worth buying on April 27.

Should you buy 0x (ZRX)?

On April 27, 2022, 0x (ZRX) had a value of $0.828495.

The all-time high of 0x (ZRX) was on January 13, 2018, when the token reached a value of $2.50. At its ATH, ZRX was $1.671505 higher in value, or by 201%.

However, when we go over the performance of the token throughout the previous month, 0x (ZRX) had its lowest point of value on March 7, when it decreased to $0.4641.

The token’s highest point of value was on March 31, when the token saw an increase in value to $0.8401. Here, we can see that the token increased in value by $0.376 or by 81%.

With this in mind, we can expect ZRX to reach $1 by the end of April.

Should you buy Sushi (SUSHI)?

On April 27, 2022, Sushi (SUSHI) had a value of $2.97.

When we go over its all-time high, Sushi (SUSHI) achieved a value of $23.38 on March 13, 2021. Here we can see that, at its ATH, the token was $20.41 higher in value or by 687%.

When we take a look at the token’s performance throughout the previous month, Sushi (SUSHI) had its lowest point of value on March 13 at $2.7756.

Its highest point of value was on March 31, when the token reached a value of $4.904. Here, we can see that the token increased in value by $2.1284 or by 76%.

With this in mind, we can expect SUSHi to reach $3.2 by the end of April.

Should you buy PancakeSwap (CAKE)?

On April 27, 2022, PancakeSwap (CAKE) had a value of $7.63.

Looking at the all-time high value of the token, PancakeSwap (CAKE) had a value of $43.96 on April 30, 2021. This gives us an indication that the token was $36.33 higher in value, or by 476%.

Going over how the token performed throughout the previous month, PancakeSwap (CAKE) had its lowest point of value on March 15 at $5.36.

Its highest point of value, however, was on March 31, when it increased to $8.45. Here, we can see that the token increased in value by $3.09 or by 57%.

With this in mind, at $7.63, CAKE is a solid buy as it can reach $8 by the end of April.