Top 3 Solana projects worth your attention on December 20: LINK, WAVES, and AUDIO

Top 3 Solana projects worth your attention on December 20: LINK, WAVES, and AUDIO

By Milko Trajcevski - min read
Updated 21 March 2023
Solana price projected to hit $250 as this new meme portfolio token presale heats up
  • Chainlink, Waves, and Audius are the go-to projects to keep an eye on.

  • LINK, WAVES, and AUDIOS are at a solid buy point.

  • Each of them has the potential to reach a higher value point by the end of December.

Chainlink is an Oracle protocol specifically used for trading binary options that are capable of price updates every 400ms through Solana's architecture. Its price feeds went live on Solana due to its high performance as well as its low-cost blockchain network.

Waves is an agnostic interchain DeFi ecosystem that was integrated with Solana, which enabled it to work in conjunction with other integrated chains, oracle systems, and data providers.

Audius is a music streaming as well as sharing platform that aims to provide power back to the hands of the content creator and is a part of the Solana ecosystem.

Should you buy Chainlink (LINK)?

On December 20, Chainlink (LINK) had a value of $18.36.

To see what this value point means for the LINK token, we will go over its all-time high value as well as its performance last month.

Chainlink (LINK) had its all-time high value on May 10, when the token reached $52.70 in value. Here, we can see that at its ATH value point, the token was $34.34 higher in value or by 187%.

When we look at the performance of the token last month, we can see that on November 10, the token had its highest point of value of the month at $38.12.

Its lowest point of value, however, was on November 28, where it decreased in value to $23.23.

Here, we can see that throughout November, the token fell in value by $14.89 or by 39%.

With this in mind, this is a solid point in time to buy LINK as it has the potential to reach $20 by the end of December.

Should you buy Waves (WAVES)?

On December 20, Waves (WAVES) had a value of $15.20.

To see what this value point means for the token, we will go over its all-time high value as well as its performance last month.

When we look at the all-time high value of the WAVES token, it was on May 4 when it reached a value of $43.01.

Here, we can see that the token was $27.81 higher In value at its ATH value point when compared to December 20’s value, or 182% higher.

When we go over the token’s performance last month, we can see that on November 1, the token had a value of $27.33, which was its highest value point.

Its lowest point of value was on November 28, when the token fell to $18.5.

Here, we can see that the token decreased in value by $8.83 or by 32%.

If WAVES increases over $16 in value, it's a solid purchase due to the fact that it has the potential to reach $20 by the end of December. However, if it dips under $15, it might be worth reconsidering.

Should you buy Audius (AUDIO)?

On December 20, Audius (ADIO) had a value of $1.39.

To see what this value point means for the token, we will go over its all-time high value and its performance in November.

In terms of the all-time high value of the AUDIO token, it was on March 27 when it reached $4.95 in value.

At its all-time high-value point, the token was $3.56 higher in value or by 256% when compared to the value on December 20.

When we take a look at the performance of the token last month, we can see that its highest value point was on November 18, when it reached $3.41.

Its lowest point, however, was on November 22, when its value decreased to $2.04.

Here, we can see that the token fell in value by $1.37 or by 40%. 

With this in mind, AUDIO has the potential to increase to $2 by the end of December, making it a solid buy.