While top crypto coins like Bitcoin (BTC) are gaining traction in the spotlight, several others, including Borroe Finance ($ROE) and Ordinals (ORDI), are making monumental moves in the shadows. These altcoins have portended the potential to rival the premier digital currency.
Let’s determine how these top altcoins contend against Bitcoin (BTC).
What you'll learn 👉
Bitcoin Fear And Greed Index In The Neutral Zone
The latest developments surrounding Bitcoin (BTC) have impacted the flagship digital asset on various levels, ranging from a boost in its market value to an increase in its intrinsic value. However, a new update touching Bitcoin’s fear and greed index has come to light. For context, the fear and greed index is influenced by social volume, market dynamics, surveys, etc.
According to the most recent update, Bitcoin’s (BTC) fear and greed index reached neutrality on January 15, 2024. This marked the first time Bitcoin (BTC) has fallen to neutral since October 23, 2023, having ranged between the greed or extreme greed regions due to BTC’s upending performance in the fourth quarter of 2023.
Bitcoin (BTC) in a neutral spot suggests that market players are pulling back and watching the market’s moves before hopping on the train.
This reaction is reflected in Bitcoin’s dropping price, with BTC shedding 8% of its market value from $46,339 to $42,599 between January 12 and January 15. Based on BTC’s outlook, experts believe Bitcoin could soon retest the $45,000 region. Reaching the indicated price level demands a 5.6% increase in BTC’s price.
Can Borroe Finance Outperform Bitcoin?
Despite Bitcoin’s latest achievements, a contending force has risen in the decentralized finance sector dubbed Borroe Finance ($ROE) with the potential to replicate BTC’s performance and more. Borroe Finance ($ROE) is one of the new DeFi projects whose presale growth has created millionaires within the crypto community. As a result, market players speculate about the possibility of Borroe Finance ($ROE) achieving a feat similar to that of Bitcoin (BTC).
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Show more +Borroe Finance’s essential purpose within the Web3 sphere encompasses revenue generation for Web3 users. Put differently, Borroe Finance is a platform that enables Web3 users to generate cash flow from selling future earnings. Besides making money from future earnings, Borroe Finance users can profit from its native token, $ROE.
So far, in its presale between the beta stage and the fourth stage, Borroe Finance ($ROE) has risen 90% from $0.010 to $0.019. Currently, $ROE investors anticipate a 5.2% surge to the fifth stage at $0.020 and a 110.5% rally to the final stage at $0.040. Given its trajectory, crypto investors have concluded that Borroe Finance ($ROE) is a good crypto to invest in as it could replicate Bitcoin’s performance after its DEX listing.
Ordinals Portends Bullish Signal
Prominent digital asset veteran CryptoBusy has voiced a bold prediction of Ordinals (ORDI) in a recent analysis on the X platform. Accompanied by a Heikin Ashi chart for a clear view, CryptoBusy’s study provides a clear overview of Ordinal’s future path based on its current outlook. The analyst noted in his January 11 post that Ordinals (ORDI) is bullish.
He observed two crucial price stops on the Ordinals (ORDI) chart. The first resistance zone stood at the $92.00 region, where the price was rejected after setting an all-time high. Meanwhile, the second base is the $76.90 range, which the analyst believes could slingshot ORDI to the previously highlighted ATH price mark.
Concurrently, Ordinals (ORDI) is trading at $75.60 after rising 9% from $69.3 between January 10 and January 15. With Ordinals consolidating, CryptoBusy expects an upside breakout soon that should push ORDI to its ATH at $92.00. Hitting the highlighted region requires a $21.6% increase in the price of Ordinals, a projection higher than Bitcoin’s.
Learn more about Borroe Finance ($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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