Polygon (MATIC) is struggling after Binance announced that it would delist its perpetual contracts. On the other hand, Hedera (HBAR) is flying after Dropp was added to FedNow’s ‘showcase’ list. However, Borroe ($ROE) is the only token currently that promises massive growth in the long term, having already delivered respectable profits of 25% for early investors in its presale stage. Here is the best crypto to buy now.
What you'll learn 👉
Polygon (MATIC) Is At a Critical Stage, Investors Are Cautious
Coinglass, a blockchain data analytics platform, reported a contraction in the Polygon (MATIC) derivative trading market since mid-July. Between July 14, 2023, and August 14, 2023, Polygon’s (MATIC) Open Interest plunged by 28% from $187 million to $134 million.
On the other hand, Binance announced on August 10 it would delist and update the leverage & margin layers of MATICBUSD perpetual contracts. With this delisting scheduled to take effect on August 17, Polygon (MATIC) investors are rushing to close out their positions, and that may put Polygon’s (MATIC) price at risk of huge swings.
The social sentiment surrounding the Polygon (MATIC) network has been negative since the Binance delisting announcement on August 10. Considering all these factors, Polygon’s (MATIC) price could experience a massive bearish reversal. With that in mind, investors say that Polygon (MATIC) is not among the best cryptocurrency to invest in currently.
Analysts expect Polygon (MATIC) to drop further due to the negative developments in the market to trade at $0.6455 by the end of the year.
Hedera (HBAR) Rallies as FedNow Adds Hedera-Based Dropp
Dropp, a micropayments platform powered by Hedera (HBAR), has been added to FedNow’s “showcase” among several other tech solutions designed for the Federal Reserve’s payment service. Dropp supports micropayments in Hedera (HBAR), the U.S. dollar, and Circle’s USDC.
This incorporation by FedNow brings the move higher in Hedera (HBAR) to almost 50% since mid-June and Hedera’s (HBAR) market cap to over $2.1 billion.
On the other hand, Messari reported that Hedera’s (HBAR) average daily active accounts have surged by 288% year-to-date, rising from 3,500 to 13,500 by Q2 2023. There was also a 340% increase in the number of new Hedera (HBAR) accounts created daily on average in the same period. The mass adoption of Hedera (HBAR) was propelled by Karateka non-fungible tokens (NFTs). Analysts expect Hedera (HBAR) to rise to $0.0675 by the end of August, powered by these positive developments making it a good crypto to buy now.
Borroe ($ROE) Is Still Undisputed In Web3 Developments
Borroe ($ROE) operates as a pioneering AI-powered funding platform that provides content creators and Web3 users a distinct method of quickly generating accessible funds. Borroe ($ROE) enables users to sell their future earnings derived from royalties, subscriptions, and invoices to their active communities.
Contrary to the traditional funding systems that are struggling with aligning with Web3 principles, Borroe ($ROE) smoothly adopts the new transformation. Borroe ($ROE) offers a huge platform for businesses to acquire funds via NFTs representing future or pending invoices.
The development and trading of these discounted invoice NFTs creates a peer-to-peer ecosystem that boosts accessibility in secondary markets. Integration of blockchain technology, AI risk assessment, and efficient payment solutions guarantees that Borroe ($ROE) operates a streamlined and secure fundraising process.
Recording an impressive 25% profit from its $0.010 Beta Stage price to $0.0125 in Stage 1, Borroe’s ($ROE) value projection offers massive excitement. Future projections for Borroe’s ($ROE) price are that the token will attain a value of $0.015 in the next stage.
Furthermore, Borroe ($ROE) promises to deliver a huge 300% profit from the initial price to reach a valuation of $0.040 at the end of the presale. With all this growth potential, Borroe ($ROE) is undoubtedly the best crypto to invest in now.
Learn more about Borroe ($ROE) here:
Visit Borroe Presale | Join The Telegram Group | Follow Borroe on Twitter
DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the readCaptainAltcoin is not liable for any damages or losses from using or relying on this content.
