Investors were surprised at Binance Coin’s (BNB) bearish price movement days after its quarterly token burn event. Also, Polygon (MATIC) investors are still unsure about the platform’s plan to rebrand Polygon (MATIC) to POL, and the token is losing in late July 2023. Investors are relying on Borroe ($ROE) to deliver massive price surges in Q3 2023. This hot new platform is ready to disrupt decentralized fundraising, and you can get in now while it at beta.
What you'll learn 👉
Binance Burns 1.99 Million Binance Coin (BNB) Tokens
On July 19, 2023, Binance announced the completion of its 24th quarterly $BNB burn event. Around 1.99 million Binance Coin (BNB) tokens were wiped out in this burn event. These Binance (BNB) tokens were worth $484 million. According to data from Coinmarketcap, this figure represented almost 1% of Binance Coin’s (BNB) total supply.
After this event, analysts expected Binance Coin (BNB) to surge because fewer Binance Coin (BNB) tokens in circulation would create scarcity and drive up the price of Binance Coin (BNB). However, the market had other plans.
Binance Coin (BNB) tried to start a bull run after the token burn event but couldn’t sustain momentum. The token entered a free fall after Binance Coin (BNB) traded at its 7-day high of $245 on July 21. Binance Coin (BNB) has lost 2.94% since then, and Binance Coin (BNB) is currently trading for $238.
Polygon (MATIC) loses 9.89% in the Third Week of July 2023
Polygon (MATIC) founders recently proposed a token upgrade to replace Polygon’s MATIC token with POL. According to the founders, POL will work as a token for all Polygon (MATIC) based networks. If this proposal passes, blockchain validators can support the operations of multiple chains using only the POL token.
Polygon (MATIC) community is trying to understand what this upgrade means, and Polygon (MATIC) holders still have four years or more to upgrade their Polygon (MATIC) to POL. This news wasn’t enough to sustain a Polygon (MATIC) bull run. Polygon (MATIC) dropped from $0.7805 on July 21 and lost 9.89%. Right now, Polygon is trading at $0.7102 four days later.
Smart Investors are Turning to Borroe ($ROE) For Reliable Investment Returns in Q3 2023
Borroe ($ROE) is an innovative AI-powered funding marketplace to help content creators and web3 participants generate instant cash flow from their future digital earnings. On Borroe ($ROE), users can mint their future subscriptions, invoices, royalties, and payments into NFTs and sell them to a supportive community at discounted prices.
As a decentralized fundraising platform, Borroe ($ROE) incorporates AI risk assessment, blockchain technology, and efficient payment solutions into their protocol. This integration helps with the security and transparency of the fundraising process.
The P2P communication system allows for easy trade among buyers on secondary markets. Currently, Borroe ($ROE) is in its beta stage and the token is trading for $0.0100. After the beta stage, Borroe ($ROE) will surge by 25% and trade for $0.0125 in the next stage.
Borroe ($ROE) will hit the general crypto market and trade for $0.0400 on major crypto exchanges when all presale stages are complete. This price action will deliver a 300% surge in token value. According to experts, Borroe ($ROE) is a much better investment than Polygon (MATIC) and Binance Coin (BNB) in Q3 2023 because it has a predetermined price movement.
Learn more about the Borroe ($ROE) presale here:
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