- Top AMM tokens include SushiSwap (SUSHI), 1inch (1INCH), and PancakeSwap (CAKE).
- The past 24 hours saw CAKE surging 5%, SUSHI +8%, and 1INCH 5% up.
- These tokens boast impressive utility and can maintain an upside trend.
Do you want to invest or buy AMM (automated market maker) tokens? Well, you can consider lucrative options such as SushiSwap (SUSHI/USD), 1inch (1INCH/USD), and PancakeSwap (CAKE/USD).
PancakeSwap sees massive developments, especially in the NFT sector. The 3D Tigers NFT collection launched for trading on 21 June 2022. Also, 1inch declared some platform developments.
On 22 June 2022, 1inch introduced a platform that allows users to submit desires to advance the 1inch platform and evaluate other suggestions by users. Meanwhile, SushiSwap partnered with GameStop NFT on 17 June 2022 via the Web3 wallet integration.
Should You Invest in CAKE?
While publishing this content, PancakeSwap (CAKE) traded with a massive bullish bias at $3.22. The alternative token touched its all-time peak on 30 April 2021, exploring the value area at $43.96. Evaluating the coin’s price action within the past month shows it explored the highest level of $7.8774 on 5 May.
Meanwhile, the lowest level showcases on 12 May at $3.4286. That reflects a 56% slump within a month. Nevertheless, the current bullish move can push CAKE towards $6 before July 2022 end.
Should You Invest in 1INCH?
While writing these lines, 1INCH traded at $0.6967, surging around 5% within the past 24 hours. Meanwhile, the token hit its all-time high on 27 October 2021, touching $8.65. On the other side, 1inch’s past month peak was $1,3647 on 5 May.
Meanwhile, the crypto explored a monthly low of $0.7743 on 12 May. That meant a 43% decline. Therefore, we can anticipate an upside move to $1 before July 2022-end.
Should You Invest in SUSHI?
While writing this content, SUSHI traded at $1.25, surging 5.40% within the past day. The crypto examined its $23.38 all-time high on 13 March 2021.
Meanwhile, the altcoin explored downfalls within the previous months, declining from the $2.62 on 5 May high to the $1.1421 low on 12 May. That suggests a 56% slump for SushiSwap. Meanwhile, the current leg-up can see the alt rallying to $2 before July 2022 end.