Avalanche Hits Another Low; Meanwhile, NEO & Borroe Finance Are on an Upward Trend!

Despite a recent move by the Avalanche Foundation to lean towards meme coins, Avalanche (AVAX) has experienced a notable price drop. Meanwhile, NEO witnessed an impulsive surge to a frequently tested high. Similarly, one of the new DeFi projects, Borroe Finance ($ROE), records a 75% increase in price amid its presale and gives off the potential for a parabolic rise.

Let’s explore these top crypto coins for further details.

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Avalanche Foundation To Acquire Meme Coins

The Avalanche Foundation announced via a tweet on the X platform on December 29 that it would invest heavily into select meme coins. This initiative aligns with a developmental roadmap geared towards enhancing the experience of its Culture Catalyst program. Culture Catalyst started in 2022 as an initiative to support creative individuals and bolster blockchain adoption.

During the latest edition of Culture Catalyst, the foundation intends to acquire specific meme coins on Avalanche (AVAX) to create a meme coin collection. However, it issued a criterion to determine the meme coins that would receive Avalanche’s support. Despite this report, Avalanche saw a rapid decline in the value of AVAX.

Avalanche (AVAX) fell 7.2% from $39.80 on December 29 to $36.90 on January 3. Given AVAX’s trajectory, experts anticipate further declines in the price of AVAX. In particular, they expect Avalanche (AVAX) to drop 5.1% to $35.00 in the coming days.

NEO To Regain Upside Momentum

NEO attempted to clinch the $15.00 price level on January 1 as the price switched to an uptrend. However, this momentum was short-lived as a market-wide selloff triggered a notable drop in its price. Notwithstanding, experts posit a bullish turnout for NEO in the nearest future based on technical indicators and market data.

Notably, NEO bulls initially controlled the coin’s momentum in the previous weeks, with NEO forming higher highs on the chart. During this period, NEO established support at $10 as the price soared to $14.00 in a 40% rally. Meanwhile, its trade volume remained low, suggesting that big-time players may be taking a breather.

As the chart reflects, NEO shed 16.4% of its market value between January 1 and January 3. During this period, NEO dropped from $14.85 to $12.40. However, experts believe a comeback is underway, predicting a possible 20.9% increase to $15.00 in the days ahead.

Borroe Finance On The Verge Of A Leap

Borroe Finance ($ROE) has been on a steady rise since the start of its public presale, with $ROE reaching notable heights. This price growth reflects the heightened rate of Borroe Finance’s adoption among institutional investors. $ROE’s allure centres on its jaw-dropping price projection, which points to a 300% growth throughout its presale.

Borroe Finance serves as a unique NFT marketplace for creators and users to transact future earnings for immediate cash. It also allows businesses and entrepreneurs to raise funds by minting future earnings as non-fungible tokens, which are sold to interested buyers at discounted prices. Borroe Finance ensures buyers’ convenience by incorporating a repayment option.

While in its presale, Borroe Finance ($ROE) has risen 75% from $0.0100 in its beta stage to $0.0175 in its third stage. As a result, investors in Borroe Finance deem $ROE the best cryptocurrency in the market today. From here, they are eyeing another 8.5% jump to the fourth stage price of $0.0190.

However, Borroe Finance ($ROE) has a much higher projection of 128.5% to $0.0400 as $ROE climaxes its presale journey.

Learn more about Borroe Finance ($ROE) here:

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