Tron (TRX) and Chiliz (CHZ) recently recorded significant ecosystem wins. While Tron broke into the South American markets, CHZ crossed a new milestone. Similarly, Borroe Finance ($ROE) plans to decentralize web3 fundraising. According to crypto experts, these three tokens may make up the best crypto investments for 2024. Keep reading to find out why!
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Experts Predict Speedy Post-Launch Market Adoption for $ROE in 2024
As a beginner cryptocurrency investor, you can easily tell if a new token will succeed by looking at its early-stage success. Borroe Finance has done well for a new crypto token by completing three presale stages and raising over $2.6 million in less than seven months. For context, Borroe Finance is an AI-powered fundraising marketplace built to allow web3 businesses to raise instant cash by selling future earnings at a discount.
$ROE’s fourth presale stage is underway, and the token is selling for $0.019. At the end of all presale stages, $ROE will sell in the mainstream crypto market for $0.040. According to crypto analysts, this price movement will generate a massive 110.5% ROI for early investors. Furthermore, crypto experts have predicted that $ROE will enjoy quick market acceptance after its launch due to Borroe Finance’s web3 fundraising utility.
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TRX Penetrates South American Markets
On January 11, Tron DAO announced via its X platform that TRON is now listed on MercadoBitcoin (one of the best crypto exchanges in Brazil). According to the Tron team, this exchange listing aligns with their vision to serve all eight billion people worldwide, especially members of the Global South. In other news, Tron’s TVL increased by 43% in the second half of 2023, making it one of the best DeFi platforms in January.
Despite this new exchange listing, TRX ranged in the third week of January. On January 17, TRX traded for $0.1083. Seven days later, TRX fell to $0.1072 and lost a meager 1.04%. According to crypto experts, investors are observing the market after retail traders exited in mid-January. As a result, we may not see a significant TRX price surge till late February.
Blockchain Meets Sports as Chiliz Records New Milestone
On January 17, Chiliz (the world’s first L1 sports blockchain) reported processing over 10 million transactions since it launched. According to crypto experts, reaching this new milestone indicates that investors believe real-world tokenization is possible for every industry. In other crypto news, Chiliz CFO Julian La Pique attended the Web3 Hub Davos 2024 conference held on January 17 and spoke on web3 infrastructure for sports.
Even though Chiliz recorded positive ecosystem metrics in January, investors still sold, and CHZ went bearish. On January 17, CHZ sold for $0.10670. A week later, CHZ lost 7.01% and sold for $0.09923. According to analysts, CHZ follows the price direction of top altcoins, and the token may likely surge in the next few weeks ahead of the upcoming BTC halving. Therefore, experts predict that CHZ will trade for $0.11650 by April.
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Source: https://bitcoinworld.co.in/borroe-finance-sets-sights-on-remarkable-growth-in-2024-riding-the-wave-of-bullish-sentiment-for-tron-and-chiliz/