Litecoin (LTC) has seen little growth since its halving in August, and investors had to look for better options in Q4 2023. Similarly, Bonk’s massive bull run ended in late December after early investors started taking out profits. Luckily, savvy investors found and invested in a hot new token called Borroe Finance ($ROE). Keep reading to see what expert opinions and forecasts are on these tokens.
What you'll learn 👉
LTC Ranges in the Last Week of December
On Christmas day, Tuur Demeester, one of the best DeFi experts and crypto researchers, branded Litecoin as a zombie coin due to its lack of growth. Demeester said the delay of crucial Litecoin projects like OmniLite and LTC 20 in recent months has led to a loss of investor confidence in Litecoin. Furthermore, a decreasing network hash rate indicates a lack of interest from Litecoin miners following the August 2023 Litecoin halving.
As a result of this ecosystem stagnation, LTC ranged in late December. On December 23, LTC traded at $71.97. A week later, LTC gained a meager 2.59% and sold for $73.82. Additionally, Santiment revealed that the wallet transactions over 100,000 LTCs and above reduced significantly in December. Therefore, analysts say LTC will likely range and trade between $65 to $75 in January 2024 due to declining investor interest.
Borroe Finance: Decentralizing Web3 Fundraising through Artificial Intelligence
When a new crypto token attracts massive investor interest in its early stages, it is usually a solid sign of high ROI potential. That said, Borroe Finance raised over $2.2 million in the second half of 2023. Borroe Finance is an AI-powered fundraising platform that allows web3 businesses to raise instant cash by minting future earnings into trending NFTs and selling them to supportive communities at discounted prices.
Currently, $ROE is in its third presale stage, and the token is selling for $0.0175. After all presale stages conclude, $ROE will hit the mainstream crypto market and trade at $0.04 on major crypto exchanges. Expectedly, this $ROE price movement will deliver a massive 128.6% ROI to early Borroe Finance investors in 2024.
Crypto Experts Review Bonk’s Success in 2023
In the last week of December, crypto experts discussed tokens with the best crypto investments in 2023, and Bonk was top of the list. A crypto analyst known as Ansem on X recently said Bonk would do a $100 million annual revenue in 2023 after deducting costs of buybacks, stackers, and team salaries. Similarly, another crypto analyst, Dan Smith, said Bonk might be another tech company wrapped as a meme coin.
Even though Bonk recorded a massive bull run in Q4 2023, the Solana-based meme coin went bearish in the last week of the year. On December 23, Bonk traded at $0.00001823. Seven days later, Bonk lost 21.96% and sold for $0.00001431. Analysts noted that Bonk’s early investors are still profiting, and the token may dip to $0.00001130 by January 2024.
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