Are you trying to keep up with crypto market trends? Binance Coin (BNB) seems to be the first to go on a bearish trajectory after a general bull run in the crypto market. Savvy crypto investors are buying BorroeFinance ($ROE) at the tail end of its second presale stage. Keep reading to see what experts are saying about these tokens.
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$ROE Rounds Off Second Presale Stage as Investors Prepare for Next Stage
Crypto experts believe investors can know if a new project will succeed by looking at its progress in its early stages. Using this standard, BorroeFinance ($ROE) is doing very well after successfully raising $1.45 million in its early stages.
BorroeFinance is an AI-powered funding marketplace where web3 content creators can raise instant cash by selling future digital earnings to supportive communities at discounted prices.
Currently, $ROE is selling for $0.015 in its second presale stage, which is 90.47% complete.
When $ROE enters its next presale stage, it will surge by 16.7% and sell for $0.0175. By 2024, experts predict that BorroeFinance will significantly impact the web3 industry, which means $ROE will likely record a massive price pump and trade for $0.1750 before 2025.
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MATIC Whales Fuel Price Surge in Q4 2023
According to top crypto analytics platforms like Santiment and IntoTheBlock, Polygon has significantly increased transactions worth $100,000 and above. Santiment reports that wallets holding between 100,000 to 10 million Polygon tokens accumulated an additional 42.88 million tokens since October 24 and executed a record 161 transactions. For context, each of these transactions is worth $100,000 or more.
As a result of this whale activity, Polygon recorded a 27.13% surge in the second week of November. To be clear, MATIC sold for $0.7305 on November 7. A week later, MATIC surged and traded for $0.9348. Unlike BNB, analysts say MATIC will hit $1.25 before 2023 ends due to massive buying action by whales and institutional investors.
Binance Coin Loses Bullish Momentum in November
Binance, the best cryptocurrency exchange in the world, recently held its Blockchain Week in Istanbul on November 8 and 9.
At the event, crypto experts like Richard Teng spoke on the future of Binance Coin as a native token and the possibility of building a solid global web3 ecosystem that can accommodate millions of new DeFi projects.
Despite optimism around Binance Coin, Binance Coin was among the first top altcoins to lose bullish momentum in Q4 2023. BNB fell from $250.88 to $247.66 in the second week of November, losing 1.13%.
Some analysts believe BNB will maintain a $240 to $250 range until December 2023. Savvy investors are now purchasing $ROE instead of BNB for ROI in 2024.
Learn more about BorroeFinance $ROE here:
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The post Latest Market Trends: Updates on BorroeFinance, Polygon, and BNB Prices appeared first on Analytics Insight.
Source: https://www.analyticsinsight.net/latest-market-trends-updates-on-borroefinance-polygon-and-bnb-prices/