What’s Next for LTC vs. $ROE vs. AVAX

The recent surge in Litecoin (LTC) on-chain activities has raised questions about what’s next for the top altcoin. BorroeFinance ($ROE) is also witnessing a rapid price increase due to the increased adoption of $ROE. Meanwhile, the Avalanche (AVAX) community is agitated after Snowtrace’s decision to shut down operations.

Let’s delve deeper to discover what’s next for these top crypto coins.

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Litecoin Sees Increased On-Chain Activities

On October 27, blockchain analytic resource Santiment took to the X platform to disclose recent developments within the Litecoin (LTC) chain. Per the post, whale LTC transactions and Litecoin wallet activities soared to levels previously visited in June. These levels marked the highest attained in 2023 by Litecoin (LTC).

Simultaneously, new LTC coins are getting injected into circulation from dormant wallets. This action may trigger intense selling amongst Litecoin bears in the short term. However, the approval of a Bitcoin ETF could turn the situation around due to the optimism it exudes.

Looking at Litecoin (LTC) market data, the altcoin recorded a modest 5.41% increase in the past week between October 22 and October 29. During this period, Litecoin (LTC) rose from $64.26 to $68.79. 

Analysts believe the probable sell-off among Litecoin bears could push LTC as low as $60, marking a potential 12.7% drop.

BorroeFinance Ranges Higher

BorroeFinance is on the verge of breaking another milestone as institutional investors take a keen interest in $ROE. The growing enthusiasm stems from the platform’s role in the finance world alongside the price projections of $ROE. 

While undergoing its public presale, $ROE has demonstrated jaw-dropping dynamics, leading investors to crown it as the best cryptocurrency investment alternative to leverage.

BorroeFinance is a new DeFi project in the crypto space, stretching its reach to the Web3 realm. It plays the role of a rendezvous point between buyers and sellers interested in trading future earnings for cash. Essentially, BorroeFinance is a marketplace where content creators can sell their future invoices as non-fungible tokens.

The platform harnesses the powers of artificial intelligence and blockchain technology to procure advanced solutions to traditional finance problems. That is, where conventional finance is lagging, BorroeFinance forges ahead. Through its native token $ROE, BorroeFinance users can execute activities on the platform, including tokenizing future earnings.

$ROE is currently in Stage 2 of its presale, selling for $0.015. Early investors in BorroeFinance have made 50% of their investment capital from the last upside move. As of now, investors stand to gain an additional 167% profit when BorroeFinance ($ROE) reaches its target presale price of $0.040.

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Avalanche Community In Disarray As Snowtrace Prepares To Shut Down Operations

In a tweet on October 30, PeckShield Alert, an on-chain service provider, revealed a significant development in the Avalanche (AVAX) ecosystem. 

According to PeckShield Alert, Snowtrace, a blockchain explorer and analytic firm operating on the Avalanche C-Chain, is calling off operational activities starting November 30. The notice first appeared on Snowtrace’s official platform before its announcement on X.

Following the disclosure, PeckShield Alert advised users to download private name tags and contract verification before the stipulated time. 

Colin Wu, a renowned crypto enthusiast and reporter from China, added further clarification to the sudden action taken by Snowtrace. He said that the Avalanche team may soon discontinue its payment services due to the situation.

Given the enigmatic status of the situation, the Avalanche community became concerned about its potential impact on the ecosystem and AVAX. Meanwhile, Avalanche (AVAX) remains on its trail to higher levels, upholding its gains from the previous week. Last week, Avalanche (AVAX) gained 12.69% in its market value between October 22 and October 29.

Within this timeframe, Avalanche (AVAX) rose from $10.09 to $11.37. This reaction spurred analysts to pronounce bullishness on AVAX. They theorized that Avalanche (AVAX) could attain $12 in the forthcoming term, indicating an anticipated 5.25% increase.

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