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Best NFT platform tokens to get on Q2 2022

By: Invezz

Flow FLOW/USD, Decentraland MANA/USD, and Render Token RNDR/USD are some of the best non-fungible token (NFT) platform tokens that you can get in Q2, 2022.

Flow as an ecosystem announced a major update to the roadmap on May 13, 2022, where they showcased a $725 million Flow ecosystem fund, alongside announcing that Meta’s Instagram will integrate Flow NFTs. 

Alongside this, Dapper will support FLOW this summer; the Zeedz marketplace went live, among other developments.

Decentraland (MANA) also made an announcement on Twitter where they shared that the Decentraland Game Jam will run from May 17 to June 14.

They partnered with MetaGameHub DAO with the goal of seeing the most entertaining experiences that the attendees can code for the community.

Render Token’s Twitter Page also made an announcement where they confirmed that the Bitstamp exchange listed the RNDR token, opening up the token and overall ecosystem to a much broader user base and a number of investors.

All of these developments have the potential to boost the value of the tokens listed here, so let’s dive in.

Should you buy Flow (FLOW)?

On May 17, 2022, Flow (FLOW) had a value of $2.93.

The all-time high of Flow (FLOW) was on April 5, 2021, when the token reached a value of $42.40. This means that at its ATH, the token was $39.47 higher in value, or by 1,347%.

When we look at the performance of the token throughout the previous month, Flow (FLOW) had its highest point on April 2 at $8.04. Its lowest was on April 30 at $4.60.

Here, we can see that the token decreased in value by $3.44 or by 42%. With this in mind, we can expect FLOW to reach $5 by the end of May, making it a solid token to buy.

Should you buy Decentraland (MANA)?

On May 17, 2022, Decentraland (MANA) had a value of $1.22.

When we look at its ATH, Decentraland (MANA) had its all-time high point of value on November 25, 2021, when the token reached a value of $5.85. At its ATH, the token was $4.63 higher in value, or by 379%.

Going over how the token performed last month, Decentraland (MANA) had its highest point on April 2 at $2.75, while its lowest was on April 30 at $1.54. Here we can see that the token decreased by $1.21 or by 44%.

However, at $1.22, MANA is a solid buy as it can climb to $3 by the end of May 2022.

Should you buy Render Token (RNDR)?

On May 17, 2022, Render Token (RNDR) had a value of $1.04.

Going over the ATH of the token, Render Token (RNDR) had its all-time high on November 21, 2021, when the token reached a value of $8.78. Here, we can see that at its ATH, RNDR was $7.74 higher in value or by 744%.

Looking at the performance’s value in April, Render Token (RNDR) had its highest point on April 2 at $3.22, while its lowest was on April 30 at $1.26.

This marked a decrease in value of $1.96 or 60%. With this in mind, we can expect RNDR to reach $3 by the end of May 2022, making it a solid token to buy.

The post Best NFT platform tokens to get on Q2 2022 appeared first on Invezz.

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