Litecoin ($LTC) is fighting to remain above $63 despite trading at over $83 weeks ago. Many $LTC holders turned to Dogecoin ($DOGE). Unfortunately, $DOGE is having similar challenges due to the September 1 price crash. One token that’s going against the tide is $ROE. Seeking to reinvent invoice financing, Borroe.Finance ($ROE) stands out for its uniqueness among top ICO projects. Can $ROE live up to its expectations?
What you'll learn 👉
Litecoin (LTC) Fights To Remain at $63 As Community Grapples with Reduced Mining Rewards
On August 2, 2023, Litecoin (LTC) completed a halving event. The new upgrade would cut block rewards from 12.5 LTC to 6.25 LTC. The move was intended to bring more scarcity, which would, in turn, boost the token’s value. However, Litecoin’s (LTC) price has fallen sharply since the halving was completed.
Litecoin (LTC) was trading at $87.49 on August 2 following the halving event. By August 18, Litecoin (LTC) dropped by 26.7% to $64.08 – a day after the market crash of August. As of September 4, Litecoin (LTC) was more stable, trading at $63.04.
A chunk of Litecoin’s (LTC) drop is down to the market crash. Many analysts now wonder if Litecoin (LTC) can recover to its August highs. Their skepticism follows its token halving, which they say might have reduced miner interest in Litecoin (LTC).
Dogecoin ($DOGE) Recovers Slightly, Faces Resistance at $0.064
On September 1, 2023, several top altcoins declined due to news about delays to Spot BTC ETF applications. The news caused a lot of token dumping, which affected Dogecoin ($DOGE) and several other tokens.
Dogecoin ($DOGE) was trading at $0.066 on August 29. It fell by 4.5% to $0.063 on September 1 following the news of Spot BTC ETF approval delays.
Analysts say Dogecoin ($DOGE) is in a crab market, which technically means a state of sideways trading. Its price has hovered in the $0.060 range. Dogecoin ($DOGE) is closer to its 21-day Exponential Moving Average, a critical resistance level.
If Dogecoin’s ($DOGE) trading volume increases significantly, it could be on its way to a long-term breakout. Dogecoin ($DOGE) could rise by 9.5% to $0.069 when the crypto market recovers.
Borroe.Finance ($ROE): Automating Access to Credit Facilities
Borroe.Finance ($ROE) is a crowdfunding marketplace aimed at democratizing access to credit facilities. The platform leverages revenue financing to create easier and cheaper ways to raise short-term capital. Borroe.Finance ($ROE) provides easy trading of future invoices, thus generating needed capital for businesses.
The sale of future revenue is simplified thanks to Borroe.Finance’s ($ROE) fractionalized NFTs. These NFTs can be customized to contain the loan agreements that best suit the businesses needing such loans. These NFTs are then sold off at attractive discounts.
Borroe.Finance ($ROE) allows companies to add extra incentives to boost the attractiveness of their collateralized NFTs. Furthermore, these NFTs represent an easy, low-risk investment with high-profit potential. Borroe.Finance ($ROE) also gives out special rewards to buyers and sellers for their marketplace activity.
Borroe.Finance’s ($ROE) is projected to outperform many new ICOs in 2023, given the uniqueness of its real-world utility. The project has increased by 25% as it moved to Stage 1 of its presale. It costs $0.0125 but will reach $0.015 by Stage 2 of its presale. These projections mean $ROE will grow by 50% from its original price when its presale reaches Stage 2.
Learn more about Borroe.Finance ($ROE) here:
Visit Borroe.Finance 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.
