Tron (TRX) investors recorded a bearish price movement in the first days of August despite its founder’s move to drum up goodwill. On the other hand, Shiba Inu’s (SHIB) ecosystem grew, and the token gained in the last few days. However, only Borroe ($ROE) impressed investors in July’s last days. The platform listed 25 million tokens for sale, sold them and raised $250,000 within five days.
What you'll learn 👉
Borroe Enters First Presale Stage After Raising $250,000 in Presale Beta Stage
Borroe ($ROE) is an AI-powered funding marketplace built to help content creators and web3 participants generate instant cash flow by selling their future income. As a decentralized fundraising marketplace, Borroe ($ROE) allows web3 businesses to mint their future subscriptions, invoices, and other digital income into NFTs and sell them to supportive communities.
Buyers purchase these NFTs at decentralized prices, and they can trade them in peer-to-peer ecosystems on secondary markets. Borroe ($ROE) solves the short-term liquidity problem for web3 businesses by allowing fans and users of these businesses to fund through a low-risk investment scheme.
Borroe ($ROE) raised $250,000 in the last week of July after selling 25 million tokens. Borroe ($ROE) is in its first presale stage, and the token is selling for $0.0125. Borroe ($ROE) will sell for $0.0400 when the presale stages end. By then, early Borroe ($ROE) investors will see a sharp surge in the value of their tokens.
Tron (TRX) Founder Bets on Curve Finance Amid Exploit Attacks
On August 1, 2023, PeckShield, a blockchain security company, reported that Justin Sun, founder of Tron (TRX), withdrew $2 million from AAVE and transferred them to Michael Egorov, founder of Curve Finance.
In return, Egorov transferred five million CRV tokens to the Tron (TRX) founder, worth approximately $2.9 million. These transactions came after Curve Finance lost $52 million to exploits in the last week of July.
Tron (TRX) founder Sun later shared that he is “excited to assist Curve as steadfast partners.” Experts say the Tron (TRX) founder made this move with future profits in mind. The decentralized exchange will eventually bounce back from its exploits attack, and its native token market price will rise in the coming months.
On the other hand, Tron (TRX) lost 7% in the last week of July. Tron (TRX) fell from $0.083 and traded at $0.077 on August 3.
Shiba Inu (SHIB) Sees Greater Adoption in August 2023
According to data from IntoTheBlock, Shiba Inu (SHIB) addresses holding the Shiba Inu (SHIB) token reached an all-time high recently and now boast an impressive 3.5 million wallets.
About 30 days ago, the number of active Shiba Inu (SHIB) wallets stood at around 1.55 million wallets, and Shiba Inu (SHIB) has seen a 115% adoption increase ever since.
Experts say this massive surge in user adoption is due to the anticipation of Shibarium, Shiba Inu (SHIB) layer-2 protocol, set to launch later this year. Shiba Inu (SHIB) recorded an upward price trend in the last week of July when other cryptos were falling.
Shiba Inu (SHIB) traded at $0.000007861 on July 27, gaining 4.41% in seven days. Analysts believe Shiba Inu (SHIB) and Borroe ($ROE) are good crypto investment options for Q3 2023.
Learn more about the Borroe ($ROE) presale here:
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