The crypto market was set abuzz as a fresh bullish wave catalyzed a surge in the prices of top crypto coins, including the leading meme narratives, Pepe (PEPE) and Bonk (BONK). At the same time, investors have fixed their gaze on Borroe Finance ($ROE), an emerging DeFi-based cryptocurrency, to benefit from the utility in its presale.
Let’s find out why investors may be interested in these top altcoins.
What you'll learn 👉
Pepe Gained 149% In One Week: What Does This Mean?
Pepe coin followed suit as the market took another swing higher, with an impressive 149% gain in the past week. This rally occurred when a whale investor transferred a significant amount of Pepe coins to Binance on February 29. In a recent publication, Lookonchain, an on-chain intelligence platform, brought this transaction to public notice.
The on-chain resource noted that the deep-pocket player began accumulating PEPE on June 7, 2023, when the token was worth $0.000001054. This investor acquired approximately 1.97 trillion PEPE tokens in seven months, from July 7, 2023, to February 29, 2024. The tokens, valued at $6.07 million, were transferred to Binance on February 29, with a profit of $3.49 million.
Amid the voluminous whale transaction, PEPE recorded an astronomical price surge, rising from $0.00000127 to $0.00000317 between February 23 and February 29. This rally translates to a 149% increase in the price of PEPE. Having analyzed PEPE, experts believe the token is gearing up for another upsurge to $0.00000847.
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Show more +Bonk Soared 95% As Meme Coins Rose
Following the same momentum as the PEPE coin, BONK witnessed rapid price growth as the meme ecosystem saw renewed investor interest. The price surge was accompanied by an increase in Bonk’s market capitalization, which crossed the $1.4 billion level, becoming the 62nd largest token by market valuation. Bonk became the third-largest meme coin in the meme ecosystem, trailing Dogecoin (DOGE) and Shiba Inu (SHIB).
Further, BONK recorded a 320% increase in social volume, according to recent data from the market intelligence platform Santiment. Santiment revealed this development on February 25, noting that BONK’s community engagement had witnessed a sudden burst on Telegram and X (formerly Twitter). It is noteworthy that whale wallets holding significant quantities of BONK tokens have yet to take profit despite the asset price increase.
As the chart shows, BONK ascended from $0.00001133 on February 24 to $0.00002210 on February 29. This surge marked a 95% increase in the value of BONK. Based on recent analysis, pundits opined that BONK is primed for a 40% jump to $0.00003100 in the days ahead.
Investors Opt For Utility In Borroe Finance’s Presale
Amid the rise in NFT memes, Borroe Finance ($ROE) has become the first Web3 blockchain invoice discounting NFT marketplace. The platform creates a peer-to-peer ecosystem for NFT enthusiasts to trade discounted NFTs. Besides dealing digital arts on Borroe Finance ($ROE), users can also mint future earnings as NFTs and sell them at subsidized prices to supporting communities.
Borroe Finance aims to serve the Web3 community as a funding resource, providing financial aid to businesses and users. Web3 represents the future of the internet, and Borroe Finance ($ROE) seeks to reward individuals involved in developing this concept. The platform features a deflationary token, $ROE, a currency regarded as the best crypto to buy for profit-making.
Lately, Borroe Finance ($ROE) has witnessed massive adoption from crypto users due to the utility it offers. As a result, $ROE’s price has grown 90% from its beta presale stage price of $0.010 to the fourth stage at $0.019. The token is looking at another 110.5% rally to its DEX listing price of $0.040, presenting Borroe Finance ($ROE) as a good crypto to invest in amid the bull run.
Learn more about Borroe Finance ($ROE) here:
Visit Borroe Finance Presale | Join The Telegram Group | Follow Borroe Finance on Twitter
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