The crypto market has witnessed volatility recently, which has driven concerns among crypto enthusiasts. Binannce Coin (BNB) Chain has announced the BNB Chain Hackathon and TRON (TRX) saw excellent growth in market cap in Q4 of 2023.
However, a new DeFi coin, Borroe Finance ($ROE), has been amassing massive attention throughout its presale stages. Let’s explore more about the best coins to invest in.
What you'll learn 👉
BNB Chain Hackathon 2024 Continues
On January 17, 2024, BNB Chain announced the BNB Chain Hackathon 2024. With an incredible prize pool of over $1M, BNB Chain focuses on each quarter that introduces a hackathon focused on a different theme.
Besides, BNB has been experiencing a consolidation phase, trading between $290 and $310. In BNB’s price analysis, BNB was seen in the middle of the wide channel. This signifies that bulls and bears have not clearly dominated BNB. As of January 29, BNB was exchanging hands at around $306, representing a 1.35% dip over the past seven days.
Technical indicators suggest a neutral stance for BNB. However, BNB’s RSI level retreated towards the neutral 50, showing a rise in selling pressure. Experts say investors must proceed cautiously as BNB offers a mixed-trend outlook. If BNB loses momentum, the altcoin price might be $280 or even lower.
Insights: Understanding TRON Q4 2023 Report
On January 19, 2024, Messari Crypto published a report on the State of TRON Q4 2023. This report reveals that TRON’s market cap was increased to $9.4 billion, a significant 87% jump YoY from $5 billion. This has marked TRX as one of the top altcoins by market cap.
However, TRON has shown mixed signals lately as TRX nosedived by the start of 2024 and made a healthy comeback. TRON has shown strong signs of recovery. Moreover, TRX spiked from a crucial level of $0.110. On January 19, TRX stood at $0.107. Following the report, TRX surged to $0.113 on January 29, marking a 5.60% jump between the time frames.
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Show more +In TRON’s recent analysis, TRX exhibited bullish behavior. Moreover, TRX’s MACD is above the zero line. This enhanced a bullish outlook for TRON. Analysts say TRON is set for a huge surge to reclaim upper levels. However, TRON losing momentum below the support level will drop the TRX price below $0.090. This is prompting investors to explore alternatives like $ROE over TRX.
Unveiling Borroe Finance: the Safe Crypto Prospect
Unlike some hype-driven coin offerings, investors deem $ROE one of the best crypto investment picks. This is thanks to Borroe Finance’s innovative approach to revamping the Web3 space. Its presale excellence has made Borroe Finance a haven for savvy investors.
With its AI-powered NFT funding marketplace, Borroe Finance has enabled Web3 participants to raise immediate cash through the sale of NFTs to supportive communities. Moreover, Borroe Finance incorporates AI and smart contracts for risk assessment and uses blockchain for effective payment solutions.
At the core of Borroe Finance lies its governance tokens, $ROE. Additionally, $ROE deploys liquidity lock mechanisms and token burn strategies that enhance demand for the token. As a result, Borroe Finance has already successfully sold more than 228 million $ROE tokens.
The ongoing presale of Borroe Finance is in Stage 4. So far, $ROE has raised over $2.7 million. Currently, $ROE retails at $0.019. The next surge of $ROE is yet to come, taking its price to $0.020. Once the presale ends, $ROE will reach $0.040, marking an excellent 300% surge in initial investors’ investment.
Learn more about Borroe Finance ($ROE) here:
Visit Borroe Finance Presale | Join The Telegram Group | Follow Borroe Finance 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.
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